Monday, November 29, 2010

Making Free Money Online





For the Conan fans out there who don't feel like ponying up for basic cable, TBS has decided to post every episode of his new show online the day after it airs.



While Conan's old network NBC makes both Jay Leno's and Jimmy Fallon's late night chatter fests available online, TBS had not been doing the same for its Lopez Tonight talk show, which moved to midnight to make room for Conan's new show.



But with much time and money invested in promoting Conan, the network is making sure it's seen by as many people as possible (though only U.S. web users will have access to full episodes).



From a statement on TeamCoco.com:

Clips of our show WILL be available to everyone on Earth! Provided you have a computer and an internet connection, of course. Ha ha. We ain't gonna be transcribing our show and dropping leaflets into the jungles of South America, after all.



TBS has already posted last night's premiere episode -- which featured the masturbating bear -- here.



Full "Conan" episodes to be available online






Crowdbooster, a brand new Y Combinator company, is about to give its consumer users free access to all the Twitter analytics they can handle and then some.

Crowdbooster, the brainchild of three Stanford guys, gives its users “tweet-level analysis” to understand the exact performance metrics of individual tweets — all within a user-friendly, color-coded UI that quickly and simply highlights your best tweets and areas for improvement.

The product does some serious number-crunching to calculate the total reach of a given tweet, which includes all the followers of the people who retweeted them, and displays it on a scatter plot. It’ll also show you replies and retweets for each tweet you sent out.

The scatter plots become an at-a-glance visual tool for exploring your highest-performing tweets this week, this month or for a custom period of time.

But Crowdbooster isn’t just navel-gazing and narcissism; it will also give you the tools to optimize your tweeting so your updates are most effective.

The platform will also be able to calculate the best time for you to send out a new tweet. This calculation is based on how well your tweets have performed historically at different times of day, as well as when your class='blippr-nobr'>Twitterclass="blippr-nobr">Twitter followers are most likely to be online.

In addition to reach and timing, Crowdbooster can also show you the types of content your audience will be most likely to respond to.

The best news for most of our readers is that Crowdbooster is free for consumers. For businesses, the company charges $200 per month for their reports.

Another feature that’s likely to be more interesting to businesses is FollowBuilder, which allows the user to “discover and connect with potential customers and advocates” through engagement rather than spamming.

Current business users include Vayner Media (Gary Vaynerchuk’s social media consultancy), Eventbrite and Stanford University.

Twitter analytics has been an area of great interest to those who would profit from the social web, including third-party services such as Crowdbooster and Twitter itself. At Chirp this past spring, Twitter metrics was identified as one of the surest bets for making money in the Twitter ecosystem. In fact, Twitter’s product VP Jason Goldman said that Twitter wanted to build some analytics tools for companies as well as an API that included analytics information.

Twitter made an interesting analytics acquisition over the summer, and rumors have been swirling lately that the social service might roll out its own analytics dashboard before the end of 2010.

Still, this is a space that’s ripe for innovation, and there’s plenty of room for plenty of interesting products. We’ve enjoyed playing around with Crowdbooster so far; if you’d like to get into the site and use the tools yourself, just go to the Crowdbooster homepage and sign up for an account. When filling out the web form for your account signup, mention that you heard about the service from class='blippr-nobr'>Mashableclass="blippr-nobr">Mashable, and your application will be one of the first ones processed.

Give Crowdbooster a shot, and let us know what you think in the comments.

For more Startups coverage:

    class="f-el">class="cov-twit">Follow Mashable Startupsclass="s-el">class="cov-rss">Subscribe to the Startups channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for Android, iPhone and iPad

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Simpsons Fox <b>News</b> | Simpsons O&#39;Reilly | Simpsons Fox <b>News</b> Joke <b>...</b>

Last night, for the second week in a row, The Simpsons took a shot at corporate cousin Fox News. However, if you're clicking over to Hulu or Fox's websites to check out this week's helicopter gag, you're going to be disappointed.

Energy and Global Warming <b>News</b> for November 29th: Japan to help <b>...</b>

Do these topics have a prominent place in the agenda for the Cancun negotiations (I haven't heard much to that effect in my reading of the news)? Could they be made a more prominent part of the agenda? Or are Ramanathan and Victor ...

Apple offers &#39;Cyber Monday&#39; discounts | iLounge <b>News</b>

iLounge news discussing the Apple offers 'Cyber Monday' discounts. Find more Apple news from leading independent iPod, iPhone, and iPad site.


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Saturday, November 27, 2010

Making Money Internet



Heard any good jokes lately? This headline was making the internet rounds yesterday:



"Sen. Conrad: Extend All Tax Cuts; Time to Get 'Serious' About Deficit."



It's easy to see the humor in that. It's almost like saying you're serious about saving money but don't want to put any more pennies into the piggy bank. But here's what isn't so funny: Most reporters and politicians agree that Kent Conrad is "serious."



So-called "deficit hawks" like Conrad, Erskine Bowles, and Alan Simpson aren't just unserious. They're radicals. Their positions are an extreme departure from the philosophy of government that's guided American policy for a century. They're promoting an upward redistribution of wealth that would change the shape of our society forever. They're want to weaken a social contract that's existed since the Presidency of Franklin D. Roosevelt and dismantle the economic principles we've had since Teddy Roosevelt.



You can call it a joke if you want. But, to paraphrase Elvis Costello, it's got "a punchline you can feel."



Roger Hickey and I pointed out on Wednesday that most Americans (including most Republicans) oppose any cuts to Social Security benefits. They want the payroll tax cap lifted instead, which is a fiscally sound approach. But the Republican leadership would rather cut benefits than inconvenience the wealthy, and Democrats like Conrad agree. So the "serious" position in Washington is to split the difference between them.



What happens if you recommend the solution that most people (including most Republicans) want? People say you're an "extremist." No, seriously. And nothing you can do will change that. You can point out that Social Security is self funded and they'll roll their eyes. You can have the most qualified actuary in the nation prove that your solution works, and they'll never even acknowledge that your solution exists. (Peter Orszag and Alice Rivlin have both practiced this form of rebuttal by non-acknowledgement -- which seems to be the public policy equivalent of an Amish shunning.)



If all that makes you a little exasperated, they'll observe that you're not just an extremist, you're a shrill extremist. Which, of course, proves you're not "serious."



Consider this snippet of media repartee, captured by the always-serious Digby, about the Bowles/Simpson "deficit reduction" proposal:



JIM LEHRER: Well, Nancy Pelosi, speaker of the House, said, this is -- just right off the top, is unacceptable, right?

LORI MONTGOMERY (Washington Post): Simply unacceptable, that's exactly what she said.



There's an interesting dynamic developing ... Many of the members, except for the most liberal members, the champions of Social Security, are very reluctant to outright criticize this thing ...



They're calling it a serious effort, something that they have to respect ... It's like, you know: This is a serious plan .. these very extreme reactions are coming from the far end of the party, of each party. I think that there is a middle ground that is going to try to massage this thing, and -- and could bring this whole debate back to life...



In this clip a prominent journalist is saying that it's "serious" to solve the deficit problem by cutting a program that doesn't contribute to the deficit. She's lauding "serious" people for finding the "middle ground" -- between what the public doesn't want and what it really, really doesn't want. And she's marginalizing anyone who thinks otherwise as "extreme," "liberal", and from the "far end" of the party. (Remember: Most Republicans polled don't like this idea either.).



Then there's Jon Cowan of Third Way, who writes: "It's now time to put up or shut up, in short to lead or leave. This (the Erskine/Bowles proposal) is the first real leadership test for both parties in a divided capitol: will they embrace the Fiscal Commission recommendations, or cop out and pick the plan apart?"



Leaving aside the misstatement of fact -- the Bowles/Simpson proposal doesn't come from the "Fiscal Commission," a group that would never endorse such extreme positions -- let's consider the nature of this "leadership test." As the perpetually unserious Paul Krugman observes, this proposal "represents a major transfer of income upward, from the middle class to a small minority of wealthy Americans." This drain on middle-class income to benefit the wealthy is the through-line that links Bowles and Simpson to Conrad and the other so-called "deficit hawks." Jon Cowan's position is that this upward redistribution of wealth doesn't even warrant public debate, and that politicians who submit to it without protest have passed a "leadership test."



Now, as it happens I've met Jon Cowan. He's a very nice, very bright guy. But this is another example of the unserious nature of "serious" thinking in Washington. Pols must "put up or shut up" -- but it's not the public who decides what gets "put up." And if you speak up for what most people (including most Republicans) want, that's a "cop out." You're "picking the plan apart." C'mon now: Do you want to be a leader or a decision-dodging nitpicker?



I'm gonna have to go with "nitpicker." If that's the new term for representing the people's wishes and acting in their best interests, I'd say we need a lot more nitpickers in Washington.



None of this is really "serious." It's play-acting, dress-up. It's like wearing daddy's overlarge clothes and repeating how-mommy-talks-in-the-office words that sound important, even though you don't know what they mean. We're talking tough, we're making the hard decisions, we're rolling up our sleeves and getting to work. Except we're not doing any of those things. This radical position is becoming the new Washington consensus. Going along with the crowd is easy, comfortable, and convenient.



The problem isn't Lori Montgomery or Jon Cowan. They're probably driven by the best of motives: the desire to work together, to collaborate, to go beyond rigid ideological boundaries to solve problems. But collaboration and bipartisanship are means, not ends. They're ways of getting things done, not the things themselves. When a culture prizes the method more it does the results, it's gone astray.



The "unserious" truth is this: Simpson and Bowles, like Conrad, would accelerate an upward restribution of wealth that's already rolling ahead like a freight train. They'd pay for it by taking money out of the pockets of soldiers, lower- and middle-income college students, and the elderly. That's a debate we need to have, and it's not a "leadership test" to run from it.



So, you want to hear an old joke? A drunk goes into a restaurant and orders a cup of coffee and a bun. The waiter says "I'm sorry, sir, we're all out of buns." The drunk thinks for a second and says, "Okay, I'll have a cup of tea and a bun." The waiter says "Sorry, we're out of buns." The drunk says "Fine, I'll have a glass of orange juice and a bun." After a few more exchanges like this the waiter loses his temper: "How many times do I have to tell you we're out of buns? No buns! No buns! No buns!"



The drunk says "Jeez, pal, if you're going to get so upset I'll just have the bun."



These so-called "deficit hawks" are the drunk, the public is the waiter, and the "bun" is any policy that benefits the wealthy at the expense of middle- and lower-income people. No matter how many times voters say that's not on the menu, they're going to keep ordering it. And they may very well get it.



But seriously, folks.

______________________________________



Richard (RJ) Eskow, a consultant and writer (and former insurance/finance executive), is a Senior Fellow with the Campaign for America's Future. This post was produced as part of the Strengthen Social Security campaign. Richard also blogs at A Night Light.



He can be reached at "rjeskow@ourfuture.org."



Website: Eskow and Associates











As a member of a class of French aristocrats that most Americans would mistake for characters in a faintly Francophobic Monty Python sketch, Christine de VĂ©drines should be forgiven for making unusual choices. An anxious heiress to a centuries-old fortune, she, along with much of her immediate and extended family, entrusted their fortunes and fates to a charismatic gentleman with a penchant for conspiracy theories. The result? For Christine, routine, cultish beatings; for the others, brainwashing, isolation and bankruptcy. It's an uncomfortably fascinating story; vivid and salacious to the point of doubt, and so incredibly specific that it can barely be considered cautionary.


Barely. Somewhere in or around Washington, D.C, a teenager, similarly anxious and also (allegedly!) destined for immense wealth, has been appealing for help with his millions on the Internet. He too is drawn to a charismatic leader with deeply sociopathic tendencies.


On Reddit recently, he asked this:


"What would you do with one billion USD or even several hundred million? I need your help reddit!!"


Then, as if to excuse himself, "I'm 19."


The anonymous heir's story goes something like this: He's a precocious teen who dropped out of college in a fit of entrepreneurship. He has never needed to worry about money, though his family's only conspicuous Rich People habit is apparently constant travel. Soon, though, his life will change. He stands to inherit up to a billion dollars from his grandfather, an Indian infrastructure magnate.


His first order of business after grasping his looming reality? To consult with Reddit, the often fascinating, occasionally disappointing and aggressively nerdy nerve center of the internet. True to form, the users' first responses were jokes:


• "Bring back Firefly….. " (responses include "This guy is our only hope" and "Ctrl-F firefly, upvote.")


• "Two chicks at the same time."


• "So I need to send you my contact information so you can move it out of the country?" (Which elicited the worrying response from the heir, "why move it out?")


When they're not joking around, though, Reddit users have been known to lapse into state of extreme earnestness. A few posters offered surprisingly thorough screeds for and against the concept of charity, and one allegedly similarly endowed user even posted some first-hand advice:


Dude, first off, beware beware BEWARE. Be extremely wary. To put it bluntly, you come across as idealistic and naive. These are not objectively bad qualities to possess, but they absolutely can be if they result in you putting trust in people who do not deserve it. If you do end up possessing such an enormous amount of money, a certain number of people you meet will be looking to take advantage of you, and these people will almost certainly be much more adept than you in financial and legal matters. Please please please do both me and yourself a favor and watch out.


That so many of Reddit's users took the original poster's request seriously and responded with well-intentioned, if not always practical, suggestions is nearly as surprising as the poster's decision to turn to Reddit in the first place. So we are all money managers now, I think?


I reached out to the original poster, who didn't want to be identified and cut our correspondence short. ("I would like to remain anon," he wrote, followed by silence. So: no confirming his story.) No matter—he left a trail of largely convincing and occasionally bizarre responses in his own thread. They paint a queasy portrait. But it's a familiar portrait! Let's call it "Young Money: A Study in Self Awareness." (It's a watercolor.)


On being a self-made man:


"I am currently, trying to build myself on my own. Doing good so far. I am a Young Entrepreneur, have received funding for a start up on my own through my current network. I originally thought that people would judge me by my age and not take me seriously but I was wrong, and I am glad."


On travel:


"USA, Canada, Mexico, Brazil, Spain, France, Germany, UK, Singapore, Malaysia, Thailand, United Arab Emirates, Kuwait, South Africa, Taiwan, China, Italy, India, Japan, Egypt, the Netherlands, Sweden, Australia, if I remember any more I'll let you know."


On philanthropy:


"Actually, I was thinking of putting some money to actually make an ad that if you click, you do in fact get the product it says you will get for free. But you will have to be lucky to get to the ad. I hate all of the internet ads that say, click here to get a free ipod, when I know I never will…."


On bootstraps:


"I was a Dishwasher for a year!"


On priorities:


"my parents believe in me. None of us care about money. Neither do I."


On modesty:


"I have fun doing business. Hence, I dropped out of college, and on my own got a job as Head of Enterprise Business development and built a network on my own that includes the CIO of NASA, CTO of Lockheed Martin, various venture capitalists and other executives."


On hopes:


"My ultimate goal is to help me people make their good ideas into a reality."


On requests for startup cash:


"will reach back out to you."


And finally, on trust:


"Wow!!! I met this guy at an airport from Nigeria. He asked me to do business with him and wanted money. And I looked his name up on google and scam is what pops up first!"


Oh dear.


He seems like a nice guy with pure intentions. He also seems (suspiciously?) like a composite character, created by someone who's had more than a few brushes with young wealth: He's assured, naive, and articulates his insecurities about personal success as matter-of-fact fits of heavily caveated boasting. But again, he seems like a well-meaning guy, and his postings suggest that he is less concerned about doing the COOLEST STUFF EVER than he is about determining what duties will come with his new wealth, and how to fulfill them.


We'll probably never know if he follows Reddit's best or worst advice, or if he just goes through with his own stated plans, or if, you know, he's real. But he's off to a bad start. He hasn't acted on the only piece of indisputably good advice in the entire, thousand comment thread:


"To have already advertised yourself on the internet like this is opening yourself up to trouble. If I were you, the first thing I would do would be to delete this post."




John Herrman writes about tech for Gizmodo, SmartPlanet, PopMech and anywhere else that will have him. He spends slightly less time on Reddit than the above suggests.



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Web type <b>news</b>: iPhone and iPad now support TrueType font embedding <b>...</b>

This is also exciting news, as TrueType fonts are superior to SVG fonts in two very important ways: the files sizes are dramatically smaller (an especially important factor on mobile devices), and the rendering quality is much higher. ...

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...

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Return to OregonLive later today for more from The Oregonian on the terrorist arrest.


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Web type <b>news</b>: iPhone and iPad now support TrueType font embedding <b>...</b>

This is also exciting news, as TrueType fonts are superior to SVG fonts in two very important ways: the files sizes are dramatically smaller (an especially important factor on mobile devices), and the rendering quality is much higher. ...

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...

Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.


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Heard any good jokes lately? This headline was making the internet rounds yesterday:



"Sen. Conrad: Extend All Tax Cuts; Time to Get 'Serious' About Deficit."



It's easy to see the humor in that. It's almost like saying you're serious about saving money but don't want to put any more pennies into the piggy bank. But here's what isn't so funny: Most reporters and politicians agree that Kent Conrad is "serious."



So-called "deficit hawks" like Conrad, Erskine Bowles, and Alan Simpson aren't just unserious. They're radicals. Their positions are an extreme departure from the philosophy of government that's guided American policy for a century. They're promoting an upward redistribution of wealth that would change the shape of our society forever. They're want to weaken a social contract that's existed since the Presidency of Franklin D. Roosevelt and dismantle the economic principles we've had since Teddy Roosevelt.



You can call it a joke if you want. But, to paraphrase Elvis Costello, it's got "a punchline you can feel."



Roger Hickey and I pointed out on Wednesday that most Americans (including most Republicans) oppose any cuts to Social Security benefits. They want the payroll tax cap lifted instead, which is a fiscally sound approach. But the Republican leadership would rather cut benefits than inconvenience the wealthy, and Democrats like Conrad agree. So the "serious" position in Washington is to split the difference between them.



What happens if you recommend the solution that most people (including most Republicans) want? People say you're an "extremist." No, seriously. And nothing you can do will change that. You can point out that Social Security is self funded and they'll roll their eyes. You can have the most qualified actuary in the nation prove that your solution works, and they'll never even acknowledge that your solution exists. (Peter Orszag and Alice Rivlin have both practiced this form of rebuttal by non-acknowledgement -- which seems to be the public policy equivalent of an Amish shunning.)



If all that makes you a little exasperated, they'll observe that you're not just an extremist, you're a shrill extremist. Which, of course, proves you're not "serious."



Consider this snippet of media repartee, captured by the always-serious Digby, about the Bowles/Simpson "deficit reduction" proposal:



JIM LEHRER: Well, Nancy Pelosi, speaker of the House, said, this is -- just right off the top, is unacceptable, right?

LORI MONTGOMERY (Washington Post): Simply unacceptable, that's exactly what she said.



There's an interesting dynamic developing ... Many of the members, except for the most liberal members, the champions of Social Security, are very reluctant to outright criticize this thing ...



They're calling it a serious effort, something that they have to respect ... It's like, you know: This is a serious plan .. these very extreme reactions are coming from the far end of the party, of each party. I think that there is a middle ground that is going to try to massage this thing, and -- and could bring this whole debate back to life...



In this clip a prominent journalist is saying that it's "serious" to solve the deficit problem by cutting a program that doesn't contribute to the deficit. She's lauding "serious" people for finding the "middle ground" -- between what the public doesn't want and what it really, really doesn't want. And she's marginalizing anyone who thinks otherwise as "extreme," "liberal", and from the "far end" of the party. (Remember: Most Republicans polled don't like this idea either.).



Then there's Jon Cowan of Third Way, who writes: "It's now time to put up or shut up, in short to lead or leave. This (the Erskine/Bowles proposal) is the first real leadership test for both parties in a divided capitol: will they embrace the Fiscal Commission recommendations, or cop out and pick the plan apart?"



Leaving aside the misstatement of fact -- the Bowles/Simpson proposal doesn't come from the "Fiscal Commission," a group that would never endorse such extreme positions -- let's consider the nature of this "leadership test." As the perpetually unserious Paul Krugman observes, this proposal "represents a major transfer of income upward, from the middle class to a small minority of wealthy Americans." This drain on middle-class income to benefit the wealthy is the through-line that links Bowles and Simpson to Conrad and the other so-called "deficit hawks." Jon Cowan's position is that this upward redistribution of wealth doesn't even warrant public debate, and that politicians who submit to it without protest have passed a "leadership test."



Now, as it happens I've met Jon Cowan. He's a very nice, very bright guy. But this is another example of the unserious nature of "serious" thinking in Washington. Pols must "put up or shut up" -- but it's not the public who decides what gets "put up." And if you speak up for what most people (including most Republicans) want, that's a "cop out." You're "picking the plan apart." C'mon now: Do you want to be a leader or a decision-dodging nitpicker?



I'm gonna have to go with "nitpicker." If that's the new term for representing the people's wishes and acting in their best interests, I'd say we need a lot more nitpickers in Washington.



None of this is really "serious." It's play-acting, dress-up. It's like wearing daddy's overlarge clothes and repeating how-mommy-talks-in-the-office words that sound important, even though you don't know what they mean. We're talking tough, we're making the hard decisions, we're rolling up our sleeves and getting to work. Except we're not doing any of those things. This radical position is becoming the new Washington consensus. Going along with the crowd is easy, comfortable, and convenient.



The problem isn't Lori Montgomery or Jon Cowan. They're probably driven by the best of motives: the desire to work together, to collaborate, to go beyond rigid ideological boundaries to solve problems. But collaboration and bipartisanship are means, not ends. They're ways of getting things done, not the things themselves. When a culture prizes the method more it does the results, it's gone astray.



The "unserious" truth is this: Simpson and Bowles, like Conrad, would accelerate an upward restribution of wealth that's already rolling ahead like a freight train. They'd pay for it by taking money out of the pockets of soldiers, lower- and middle-income college students, and the elderly. That's a debate we need to have, and it's not a "leadership test" to run from it.



So, you want to hear an old joke? A drunk goes into a restaurant and orders a cup of coffee and a bun. The waiter says "I'm sorry, sir, we're all out of buns." The drunk thinks for a second and says, "Okay, I'll have a cup of tea and a bun." The waiter says "Sorry, we're out of buns." The drunk says "Fine, I'll have a glass of orange juice and a bun." After a few more exchanges like this the waiter loses his temper: "How many times do I have to tell you we're out of buns? No buns! No buns! No buns!"



The drunk says "Jeez, pal, if you're going to get so upset I'll just have the bun."



These so-called "deficit hawks" are the drunk, the public is the waiter, and the "bun" is any policy that benefits the wealthy at the expense of middle- and lower-income people. No matter how many times voters say that's not on the menu, they're going to keep ordering it. And they may very well get it.



But seriously, folks.

______________________________________



Richard (RJ) Eskow, a consultant and writer (and former insurance/finance executive), is a Senior Fellow with the Campaign for America's Future. This post was produced as part of the Strengthen Social Security campaign. Richard also blogs at A Night Light.



He can be reached at "rjeskow@ourfuture.org."



Website: Eskow and Associates











As a member of a class of French aristocrats that most Americans would mistake for characters in a faintly Francophobic Monty Python sketch, Christine de VĂ©drines should be forgiven for making unusual choices. An anxious heiress to a centuries-old fortune, she, along with much of her immediate and extended family, entrusted their fortunes and fates to a charismatic gentleman with a penchant for conspiracy theories. The result? For Christine, routine, cultish beatings; for the others, brainwashing, isolation and bankruptcy. It's an uncomfortably fascinating story; vivid and salacious to the point of doubt, and so incredibly specific that it can barely be considered cautionary.


Barely. Somewhere in or around Washington, D.C, a teenager, similarly anxious and also (allegedly!) destined for immense wealth, has been appealing for help with his millions on the Internet. He too is drawn to a charismatic leader with deeply sociopathic tendencies.


On Reddit recently, he asked this:


"What would you do with one billion USD or even several hundred million? I need your help reddit!!"


Then, as if to excuse himself, "I'm 19."


The anonymous heir's story goes something like this: He's a precocious teen who dropped out of college in a fit of entrepreneurship. He has never needed to worry about money, though his family's only conspicuous Rich People habit is apparently constant travel. Soon, though, his life will change. He stands to inherit up to a billion dollars from his grandfather, an Indian infrastructure magnate.


His first order of business after grasping his looming reality? To consult with Reddit, the often fascinating, occasionally disappointing and aggressively nerdy nerve center of the internet. True to form, the users' first responses were jokes:


• "Bring back Firefly….. " (responses include "This guy is our only hope" and "Ctrl-F firefly, upvote.")


• "Two chicks at the same time."


• "So I need to send you my contact information so you can move it out of the country?" (Which elicited the worrying response from the heir, "why move it out?")


When they're not joking around, though, Reddit users have been known to lapse into state of extreme earnestness. A few posters offered surprisingly thorough screeds for and against the concept of charity, and one allegedly similarly endowed user even posted some first-hand advice:


Dude, first off, beware beware BEWARE. Be extremely wary. To put it bluntly, you come across as idealistic and naive. These are not objectively bad qualities to possess, but they absolutely can be if they result in you putting trust in people who do not deserve it. If you do end up possessing such an enormous amount of money, a certain number of people you meet will be looking to take advantage of you, and these people will almost certainly be much more adept than you in financial and legal matters. Please please please do both me and yourself a favor and watch out.


That so many of Reddit's users took the original poster's request seriously and responded with well-intentioned, if not always practical, suggestions is nearly as surprising as the poster's decision to turn to Reddit in the first place. So we are all money managers now, I think?


I reached out to the original poster, who didn't want to be identified and cut our correspondence short. ("I would like to remain anon," he wrote, followed by silence. So: no confirming his story.) No matter—he left a trail of largely convincing and occasionally bizarre responses in his own thread. They paint a queasy portrait. But it's a familiar portrait! Let's call it "Young Money: A Study in Self Awareness." (It's a watercolor.)


On being a self-made man:


"I am currently, trying to build myself on my own. Doing good so far. I am a Young Entrepreneur, have received funding for a start up on my own through my current network. I originally thought that people would judge me by my age and not take me seriously but I was wrong, and I am glad."


On travel:


"USA, Canada, Mexico, Brazil, Spain, France, Germany, UK, Singapore, Malaysia, Thailand, United Arab Emirates, Kuwait, South Africa, Taiwan, China, Italy, India, Japan, Egypt, the Netherlands, Sweden, Australia, if I remember any more I'll let you know."


On philanthropy:


"Actually, I was thinking of putting some money to actually make an ad that if you click, you do in fact get the product it says you will get for free. But you will have to be lucky to get to the ad. I hate all of the internet ads that say, click here to get a free ipod, when I know I never will…."


On bootstraps:


"I was a Dishwasher for a year!"


On priorities:


"my parents believe in me. None of us care about money. Neither do I."


On modesty:


"I have fun doing business. Hence, I dropped out of college, and on my own got a job as Head of Enterprise Business development and built a network on my own that includes the CIO of NASA, CTO of Lockheed Martin, various venture capitalists and other executives."


On hopes:


"My ultimate goal is to help me people make their good ideas into a reality."


On requests for startup cash:


"will reach back out to you."


And finally, on trust:


"Wow!!! I met this guy at an airport from Nigeria. He asked me to do business with him and wanted money. And I looked his name up on google and scam is what pops up first!"


Oh dear.


He seems like a nice guy with pure intentions. He also seems (suspiciously?) like a composite character, created by someone who's had more than a few brushes with young wealth: He's assured, naive, and articulates his insecurities about personal success as matter-of-fact fits of heavily caveated boasting. But again, he seems like a well-meaning guy, and his postings suggest that he is less concerned about doing the COOLEST STUFF EVER than he is about determining what duties will come with his new wealth, and how to fulfill them.


We'll probably never know if he follows Reddit's best or worst advice, or if he just goes through with his own stated plans, or if, you know, he's real. But he's off to a bad start. He hasn't acted on the only piece of indisputably good advice in the entire, thousand comment thread:


"To have already advertised yourself on the internet like this is opening yourself up to trouble. If I were you, the first thing I would do would be to delete this post."




John Herrman writes about tech for Gizmodo, SmartPlanet, PopMech and anywhere else that will have him. He spends slightly less time on Reddit than the above suggests.



bench craft company reviews

Web type <b>news</b>: iPhone and iPad now support TrueType font embedding <b>...</b>

This is also exciting news, as TrueType fonts are superior to SVG fonts in two very important ways: the files sizes are dramatically smaller (an especially important factor on mobile devices), and the rendering quality is much higher. ...

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...

Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.


bench craft company reviews

Web type <b>news</b>: iPhone and iPad now support TrueType font embedding <b>...</b>

This is also exciting news, as TrueType fonts are superior to SVG fonts in two very important ways: the files sizes are dramatically smaller (an especially important factor on mobile devices), and the rendering quality is much higher. ...

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...

Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.


bench craft company reviews

Friday, November 19, 2010

foreclosure investing

bench craft company rip off

Sound Booth by mwinvesting


bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

Sound Booth by mwinvesting


bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

Sound Booth by mwinvesting


bench craft company rip off
bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

Good <b>news</b>: James Bond and Indiana Jones hooking up to fight aliens <b>...</b>

Good news: James Bond and Indiana Jones hooking up to fight aliens.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.

Movie <b>News</b> Quick Hits: Leonardo DiCaprio to Star in New JFK <b>...</b>

Do you find Wall-E and Eve so adorable you just want to eat them? Now you can thanks to Charm City Cakes. - Warner Bros.


bench craft company rip off

The Tools of Ignorance: Friday <b>News</b> - Pinstripe Alley

A big offer, the big man's snub, a little trade, and a call for a dose of sanity.

Fox <b>News</b> Decoded - Swampland - TIME.com

What do you do to amp ratings after you've won a big victory at the polls and the public has wandered off to start celebrating the holidays? At Fox News, the answer is obvious: you up the ante.

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.


bench craft company rip off

Photos Implant &#39;Memories&#39; of Fictional <b>News</b> Events | Smart <b>...</b>

Participants in a study were far more likely to “remember” a fictional news event when a headline was accompanied by a tangentially relevant photograph.

Fox <b>News</b> President: Jon Stewart Is Crazy And NPR Is Run By Nazis <b>...</b>

The second part of The Daily Beast's interview with Fox News president Roger Ailes is out today, and Ailes' encore doesn't disappoint. He responded harshly to Jon Stewart's pervasive criticism of cable news and had some tough, ...

Small Business <b>News</b>: SMB Blogging and Social Media Basics

Far from a fad, a new blogging and social media infrastructure has emerged and is still being built and becoming a part of the new hierarchy can be important to.


bench craft company rip off

The Tools of Ignorance: Friday <b>News</b> - Pinstripe Alley

A big offer, the big man's snub, a little trade, and a call for a dose of sanity.

GT5 installs while played - Sony PlayStation 3 <b>News</b> - Page 1 <b>...</b>

Read our PlayStation 3 news of GT5 installs while played - Sony.

One and a Half Cheers for Fox <b>News</b>, David Henderson | EconLog <b>...</b>

Senator Jay Rockefeller made a splash Wednesday by suggesting that the Federal Communications Commission shut down the Fox News Channel and MSNBC. My guess is that he mentioned MSNBC because he wanted to sound equally oppressive of both ...


bench craft company rip off

Thursday, November 18, 2010

why internet marketing

eric seiger

Dealer Synergy - Purveyors of the Future for the Automotive Internet Sales Industry! by dealersynergy


eric seiger

Good <b>News</b>, College Grads (Except Lawyers)!

Moderately good news, unemployed college graduates! A new report on hiring trends says that hiring of graduates with bachelor's degrees or MBAs will surge by 10% next year. Green shoots! As long as you didn't go to law school.

Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel

Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...

Fox <b>News</b> President: Jon Stewart Is Crazy And NPR Is Run By Nazis <b>...</b>

The second part of The Daily Beast's interview with Fox News president Roger Ailes is out today, and Ailes' encore doesn't disappoint. He responded harshly to Jon Stewart's pervasive criticism of cable news and had some tough, ...


eric seiger

Dealer Synergy - Purveyors of the Future for the Automotive Internet Sales Industry! by dealersynergy


eric seiger

Good <b>News</b>, College Grads (Except Lawyers)!

Moderately good news, unemployed college graduates! A new report on hiring trends says that hiring of graduates with bachelor's degrees or MBAs will surge by 10% next year. Green shoots! As long as you didn't go to law school.

Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel

Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...

Fox <b>News</b> President: Jon Stewart Is Crazy And NPR Is Run By Nazis <b>...</b>

The second part of The Daily Beast's interview with Fox News president Roger Ailes is out today, and Ailes' encore doesn't disappoint. He responded harshly to Jon Stewart's pervasive criticism of cable news and had some tough, ...


eric seiger

Good <b>News</b>, College Grads (Except Lawyers)!

Moderately good news, unemployed college graduates! A new report on hiring trends says that hiring of graduates with bachelor's degrees or MBAs will surge by 10% next year. Green shoots! As long as you didn't go to law school.

Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel

Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...

Fox <b>News</b> President: Jon Stewart Is Crazy And NPR Is Run By Nazis <b>...</b>

The second part of The Daily Beast's interview with Fox News president Roger Ailes is out today, and Ailes' encore doesn't disappoint. He responded harshly to Jon Stewart's pervasive criticism of cable news and had some tough, ...


eric seiger

Good <b>News</b>, College Grads (Except Lawyers)!

Moderately good news, unemployed college graduates! A new report on hiring trends says that hiring of graduates with bachelor's degrees or MBAs will surge by 10% next year. Green shoots! As long as you didn't go to law school.

Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel

Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...

Fox <b>News</b> President: Jon Stewart Is Crazy And NPR Is Run By Nazis <b>...</b>

The second part of The Daily Beast's interview with Fox News president Roger Ailes is out today, and Ailes' encore doesn't disappoint. He responded harshly to Jon Stewart's pervasive criticism of cable news and had some tough, ...


eric seiger
eric seiger

Dealer Synergy - Purveyors of the Future for the Automotive Internet Sales Industry! by dealersynergy


eric seiger
eric seiger

Good <b>News</b>, College Grads (Except Lawyers)!

Moderately good news, unemployed college graduates! A new report on hiring trends says that hiring of graduates with bachelor's degrees or MBAs will surge by 10% next year. Green shoots! As long as you didn't go to law school.

Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel

Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...

Fox <b>News</b> President: Jon Stewart Is Crazy And NPR Is Run By Nazis <b>...</b>

The second part of The Daily Beast's interview with Fox News president Roger Ailes is out today, and Ailes' encore doesn't disappoint. He responded harshly to Jon Stewart's pervasive criticism of cable news and had some tough, ...


Wednesday, November 17, 2010

personal finance manager

If you don't believe Reggie, try this from Chris Whalen.


 


The Fed's Zero Rate Policy Is Destroying AmericaChristopher Whalen, Institutional Risk Analytics | Oct. 12, 2010, 9:55 AM | 9,401 | 33


"Crown of Thorns"?
Pearl Jam
Ament/Fairweather/Gilmore/Gossard/Wood


In this issue of The Institutional Risk Analyst, we turn the camera eye on two different perspectives on the continuing crisis affecting the U.S. economy, the Fed's deflationary monetary policy and the surging price of gold.  We look at how the rapid changes now underway in how consumers and investors alike view the dollar will affect the risk picture facing banks, companies and individuals. BTW, tomorrow IRA cofounder Christopher Whalen will be travelling back to the heartland to visit our friends at Indiana State University. We will give a talk entitled: "Do Americans Need a New Deal?"  More on this theme next week.


Last week The IRA traveled to Washington D.C. to participate in the latest event sponsored by our friend Alex Pollock at American Enterprise Institute, "Living in the Post-Bubble World: What's Next?" We received a great deal of media buzz before and after the event, but the most poignant comment came in this unexpected and very disturbing letter from Dianna in Rockford, IL:


"I have no way of knowing if this message will ever actually reach you. Nevertheless, I want to extend a most sincere message of appreciation for one of the comments you made during recent participation in an American Enterprise Institute symposium. You are the only financial guru /analyst whom I have heard make any reference to the devastating impact of extraordinary quantitative easing on "grandma" and her carefully laid financial plans. Many middle class retirees have no generous government or corporate pension. We have had to plan and save prudently for retirement. Now, as we watch returns on CD's plunge from an average 5% to an anemic 1.5%, we also experience a plunge from a comfortable retirement into a state of severe "penny-pinching". You were correct...not only do we have to cut back on gifts for the grandchildren, we are also drastically curtailing many discretionary purchases, travel to spend time with family and so forth. I have heard NO other analyst speak to this impact on responsible retirees who thought they had done all the right things to prepare for the "golden years". It just felt good to realize that there is at least one individual who has given any consideration to this fallout from "Fed" policies."


Now you know why we at IRA take time away from our business to engage in public debate about how the world of finance affects real people. And you also see the horrible damage that the Bernanke Fed is inflicting upon real American in order to bail out the large Wall Street banks. And the irony is that all of this damage and sacrifice by Dianna and tens of millions of American individuals and businesses who depend upon interest income to survive will be for naught.  The Big Banks will have to be restrructured in any event using the resolution authority in the Dodd-Frank legislation.


We also heard from our friend Henry Smyth, proprietor of Granville Cooper Asset Management Ltd., which features a unique gold fund that is comprised solely of rolling forward positions in the noble metal. The fund is domiciled entirely out of reach of America's spendthrift government and settles via Julius Baer in Zurich. (Disclosure: IRA co-founder Chris Whalen is a neighbor of Smyth and an introducing party of GCAM.)


Smyth, who we know from our Mexico days, has been pestering us since the summer about a chart created by his colleague Zeke Brustkern that illustrates the growth of the demand for gold over the past decade and how the increased estimates each year understate the actual market performance. Click here to see the gold chart which Smyth explains below:


"What this graphic aims to elucidate is the evolution of parabolic estimates of the future of gold price over the last five years. Starting with five years of data, from Sept. 2000 through Sept. 2005, a growth projection is forecasted through Sept. 2012. Each subsequent year another projection is crafted adding the additional data points into the curve's slope estimate. Five curves are portrayed in all, representing data from Sept. 2000-Sept. 2010, all projecting through 2012. What becomes clear is that despite using estimation methods intended to represent rapid parabolic growth, the estimated values continue to fall short of the real asset value appreciation. With the exception of 2008/2009, each passing year has brought substantial upward revision of growth projections, and has continued to do so throughout 2010."


Consider these two data points: First, an American retiree named Dianna who has seen her retirement savings rendered worthless by the ill-considered policy actions of the Federal Open Market Committee. Second, the action of the gold market, which is likewise suggesting that fiat paper dollars have no value. If you take the two observations together, it suggests to us that the Fed's actions are feeding global deflation and that the next leg down in the U.S. financial markets could be particularly severe -- especially if the Fed resumes printing more funny money.


While some analysts are calling for a mild devaluation of the dollar, what we see forming ahead could be something far more dramatic and potentially disruptive to the world economy, namely a protracted period of deflation driven by the subserviant position of the Fed vis-a-vis the largest banks. This new shrinkage will not only see gold moving higher but will also see the dollar collapse a la the FDR dollar devaluation of the early 1930s.  This crisis is being caused by Fed zero interest rate and quantitative easing ("QE") policies.


As we have said before and we'll say again, the FOMC's zero rate policies imply that the dollar and all assets denominated in dollars have no value. Stocks, bonds and other financial assets depend upon income to make these obligations money good. Without a positive return, there is no reason to hold dollar assets. When President Abraham Lincoln introduced fiat paper dollars backed by nothing to finance the Civil War, these pieces of debt originally were convertible into Treasury notes that paid interest. But the need of a growing nation for a means of exchange rendered such devices irrelevant.


Today the situation is reversed. Non-commercial demand for dollars is collapsing in much of the global economy, in part because the Fed is transferring something like three quarters of a trillion dollars annually from individual and corporate savers to the Wall Street banks. And even this vast subsidy will be insufficient to prevent the ultimate restructuring of the top three U.S. banks.  What will Fed Chairman Ben Bernanke and the other members of the FOMC say to Dianna and the millions of other Americans impoverished by their policy errors when we have to break up the top-three U.S. banks anyway?


Forget more QE. If the FOMC does not soon allow interest rates to rise and thereby rebalance the policy equation between American savers and borrowers, then we fully expect to see gold prices climb further. Fed Chairman Ben Bernanke and the FOMC will hand the detractors of the central bank led by Rep Ron Paul (I-TX) the political issue they need to eliminate the Fed once and for all. And President Barack Obama will be wearing the concrete booties that once belonged to President Herbert Hoover.  Unlike your worthless greenbacks, you can take that to the bank. 


Read more: http://www.businessinsider.com/fed-zero-rate-policy-destroying-america-2010-10#ixzz12uaKHMFk

 


http://www.businessinsider.com/fed-zero-rate-policy-destroying-america-2010-10




Google has added multiple sign-in to Google Finance. This means users can now use more than one Google account in the same browser session to access Google Finance. 



"Gone are the days of switching between browsers to see your personal vs. professional financial portfolios, news, and charts," says product manager Brian Shih. "With multiple sign-in, you simply switch between accounts using the upper right hand navigation tool. The site will smoothly transition to your other account, allowing you to view other account portfolios in the click of a mouse."



To utilize multiple sign-in with Google Finance, click your username in the upper right-hand corner, then click "Google Account Settings" to get to you profile page. From there, click "edit" next to the multiple sign-in setting. 



Google has been allowing multiple sign-ins for some products since at least early August. Just remember the warning Google provided back then: 



Enabling multiple sign-in will disable Offline products like Offline Gmail and Offline Calendar, as well as any browser bookmarks you've set to link to your accounts. If you use Offline Gmail, make sure to sync your offline mail before enabling multiple sign-in so you don't lose any messages in your outbox. If you would like to continue using Offline Gmail, Offline Calendar, and browser bookmarks linked to your accounts, do not enable the multiple sign-in option. If you have already enabled multiple sign-in, you may disable it.



Google also offers multiple sign-in for the desktop versions of Google Code, Google Calendar, Gmail, Google Reader, Google Sites, and Google Voice, with Google Docs support coming soon.


alpine payment systems scam

The Inevitable Taiwanese <b>News</b> Animation about the TSA&#39;s Touching <b>...</b>

Does anyone know if this animation, or any of these CGI clips from NMA.tv, actually appeared on TV news in Taiwan? Because their website seems more like it's mostly an online thing - I would love to see video of this actually being ...

New Yorker&#39;s Music Critic Moves to <b>News</b> Corp.&#39;s Daily - NYTimes.com

Sasha Frere-Jones, a music critic at The New Yorker, will become the culture editor of The Daily, News Corporation's so-called iPad newspaper which is currently in development.

<b>News</b> - Tixdaq

Foo Fighters have been confirmed to headline the final night at Isle Of Wight festival 2011.



Chrysler Building from Gantry Plaza State Park by Emilio Guerra


The Inevitable Taiwanese <b>News</b> Animation about the TSA&#39;s Touching <b>...</b>

Does anyone know if this animation, or any of these CGI clips from NMA.tv, actually appeared on TV news in Taiwan? Because their website seems more like it's mostly an online thing - I would love to see video of this actually being ...

New Yorker&#39;s Music Critic Moves to <b>News</b> Corp.&#39;s Daily - NYTimes.com

Sasha Frere-Jones, a music critic at The New Yorker, will become the culture editor of The Daily, News Corporation's so-called iPad newspaper which is currently in development.

<b>News</b> - Tixdaq

Foo Fighters have been confirmed to headline the final night at Isle Of Wight festival 2011.


alpine payment systems scam

The Inevitable Taiwanese <b>News</b> Animation about the TSA&#39;s Touching <b>...</b>

Does anyone know if this animation, or any of these CGI clips from NMA.tv, actually appeared on TV news in Taiwan? Because their website seems more like it's mostly an online thing - I would love to see video of this actually being ...

New Yorker&#39;s Music Critic Moves to <b>News</b> Corp.&#39;s Daily - NYTimes.com

Sasha Frere-Jones, a music critic at The New Yorker, will become the culture editor of The Daily, News Corporation's so-called iPad newspaper which is currently in development.

<b>News</b> - Tixdaq

Foo Fighters have been confirmed to headline the final night at Isle Of Wight festival 2011.


Business Making Money


Online video is well and truly, having the best time of its life right now. It seems to be factoring in every marketing plan worth its salt, with some incredible videos being produced by brands that are lighting up social media. I wanted to explore the state of the online video industry a bit further and delve into the stats that show the huge growth curve online video is currently on. Right now it is one of the most fascinating aspects of online, as brands continue to push the boundaries of what’s possible and engaging the audience in completely new ways. It is a seriously big business and one that every brand wants to be a part of. And it’s easy to see why..


Over 35 hours of video uploaded to YouTube every minute


This stat on its own is pretty stunning and quite hard to get your head around. But when you look at in in the context of the past 3 years, or even 6 months, you realise just how impressive this is. The graph below from Youtube shows the average hours of video uploaded every minute, back to June 2007. While this started at 6 hours, in the past 6 months it stood at 23. That’s a huge increase of 12 hours per minute in just 6 months :



That is some seriously impressive growth and also shows that just as much as brand video is growing, ugc is growing at a staggering rate, due largely to the growth in mobile and ease of uploading. As Youtube note themselves there are other factors, such as upping the time limit in videos, which would obviously attribute for an increase in the total length of video uploads. But this is impressive nonetheless.


Blinkx shares up by 400%


At the business end of video, Blinkx are showing that online video is starting to become a profitable industry. While Google still won’t reveal whether Youtube is making them money or not, Blinkx have recently announced their first ever turn in profit in the 6 months up to September. And it comes 3 years after they first launched. Blinkx make money through running ads alongside the videos they index, acting as a huge video search tool. They have certainly had a good year, as the 400% share increase shows. It’s also encouraging to see that online video isn’t just about Youtube and there are some other serious players in the market with unique offerings.


Online video ads reach half of U.S. users


While some research shows that advertisers are cautious over online video advertising, due to factors such as standardisation of ad formats, online video advertising is going from strength to strength. A recent study from ComScore (the people who measure things), found that just over 45.4% of users in America viewed at least one video ad over a month. But more impressively, were exposed to 32.2 videos each, on average. That’s over 4.3 million video ads that were served to the online U.S. population in September 2010. This shows the power of online video ads to get right in front of your target audience. And while there are some definite rights and wrongs in the content of the video ad, I think we’ll see this grow even more and prove itself as a valuable industry up there with TV.


Comedian makes $315,000 from online video


A recent study found that comedians top the bill for online video earnings, and one in particular is doing very well. A recent study found that comedian Shane Dawson, who amassed 431.7 million online video views in the past year made $315,000 from his content, through ad revenue. He came out top for independent earners on Youtube and it’s certainly an aspirational case study that shows the business of online video isn’t just for big brands.


Kia spend a third of budget on online video



In a bold move, Kia Motors have invested a third of their £2 million marketing budget for the new Sportage model, into online video. We’ve seen the motor industry embracing social media more and more – with Ford launching a model through Facebook – and this shows the commitment that some brands are making to online video. Not so much an add-on or a nice to have, but a central facet of a multi-million pound campaign. The online campaign will focus on the central characters from the TV adverts and include home-page takeovers and video ads. Cases like this help to solidify online video as a serious marketing avenue that can bring a campaign to life and help you get that extra bang for your buck.


20% of downstream internet traffic is to Netflix


In a huge coup for Netflix, a recent study found that 20% of peak time donwstream internet traffic was streaming video from their site. This is great news for Netflix, and perhaps not so great news for the DVD market. If Netflix were available in Ireland I would be there in an instant and would choose to view all films in this way, as it simply doesn’t make sense to invest in a DVD anymore and I expect that even the gift market for this may eventually die out. 20% is a huge figure and shows how much Netflix has staked its claim in this market.


2 billion videos viewed each month Facebook


In June 2010 Facebook released some interesting stats into their online video offering, which show the huge potential it has to own this market. They revealed that as well as 2 billion video views on its site each month, there were 415,000 online video uploads each day. While it may not be a contender to Youtube just yet, the sharing capabilities within Facebook and the ease of connecting with your community show the potential for this to grow. Interestingly, Youtube now offer the option of connecting with Facebook instead of logging in with your gmail account. This shows Youtube recognises the power to use the huge community on Facebook, something it can’t compete with, to combine with its own wealth of online video.


Live stream video viewing up by 650%


In their most recent report into online video, Comscore announced that the amount of live-streamed video we’re watching has grown by 648% over the past year. This is absolutely phenomenal growth and compares to a (still impressive)  68% increase in video views on Youtube. While it may still form a minor part of the online video  market, live streaming is growing in popularity and use, as we become more accustomed to this form of content, both as consumers and producers. UStream are owning the market here, but Facebook are quickly getting in on the game – recently introducing LiveStream integration with Facebook pages. This has the potential to hugely increase the live stream video market and see it really reach the mainstream.







I’ve had a checkered relationship with OpenTable. Initially, I loved it as a user, then was let down as the service evolved. For instance I found the eat-at-100-restaurants-and-get-a-measly-$20-check rewards system slightly better than a punch in the face and was annoyed that restaurants still required me to call to verify a reservation. If I had time to make a phone call, I wouldn’t have used OpenTable. Duh.


I’ve vocally accused the site of tailoring its service too much to the restaurants’ needs– who after all pay the bills– and ignoring a better customer experience. (Once a customer service rep for OpenTable actually told me they only cared if the restaurants were happy.) Then, the company addressed a lot of my issues, for instance offering easy ways to get larger numbers of dining points, and the CEO Jeff Jordan and I sat down and hashed it out in a video interview and I came away more impressed with him and the company’s management generally.


Lately, a diner like me isn’t the one doing the bitching–it’s restaurants. Something strange has been happening in San Francisco, which is OpenTable’s home market and oldest market. I dismissed it all for a while as purely anecdotal: The half-dozen or so new hot restaurants in my neighborhood that didn’t use OpenTable, the scattered emails from restauranteurs asking my opinion on whether the service was worth the money, based on how vocal I’d been about it in the past. Then yesterday we got this in the TechCrunch Tip jar: A reasonably-articulated, scathing rebuke of why a local restauranteur named Mark Pastore doesn’t use OpenTable, and how he thinks the service’s success has robbed restaurants of their most valuable asset, the relationship with diners, and charged way too much for the privilege. Even if he’s a lone squeaky wheel, it’s worth a read if you’re a regular OpenTable diner, investor or would-be competitor.


At the core of his argument is the belief that OpenTable’s $1.5 billion market capitalization isn’t a result of creating that much value for the market as a whole; it’s largely taken it from thousands of mom and pop restaurants. Pastore did a survey of his friends who were also restaurant owners and only one said that he felt OpenTable actually increased the value of his business. Tellingly, most of the others use it and don’t plan on quitting– but not because they love the service, because they are terrified of disrupting how diners are accustomed to making reservations. It turns out OpenTable is an astoundingly sticky business. It’s billed as a modern pay-only-as-long-as-you-love-it cloud subscription business, but Pastore’s description sounds like what most on-premise enterprise software customers would say. (Paging Ben Horowitz…) This puts a whole new spin on why OpenTable was growing as restaurants over all were losing money.


The most devastating blow is Pastore’s economic break down of what OpenTable costs restaurants:


“The access fees can be substantial, particularly for restaurants operating on thin margins. One independent study estimates that OpenTable’s fees (comprised of startup fees, fixed monthly fees, and per-person reservation fees) translate to a cost of roughly $10.40 for each “incremental” 4-top booked through OpenTable.com. To put that in perspective, consider that the average profit margin, before taxes, for a U.S. restaurant is roughly 5%. This means that a table of 4 spending $200 on dinner would generate a $10 profit. In this example, all of that profit would then go to OpenTable fees for having delivered the reservation, leaving the restaurant with nothing other than the hope that that customer would come back (and hopefully book by telephone the next time).”


Most restaurants suck up the cost to have the competitive edge of easy bookings. But with so many restaurants all using the same system– is it really much of a competitive edge or is it just table stakes? Pastore cites one 3.5 star restaurant in San Francisco where the owner has spent years paying OpenTable substantially more than he pays himself for 80-plus hour workweeks. When the economics are that lopsided, one would have to start wondering exactly how many diners wouldn’t book directly on a restaurant’s site if that were the only option.


Here’s the stunning thing this post made me realize for the first time: Unlike most large Web companies that built their businesses on cutting costs out of an industry and eliminating middlemen, OpenTable has managed to do the exact opposite. It has created a new middleman. So is there room for this new middleman to be disrupted?


It’s not going to be easy, as Pastore’s own survey shows. Restaurants are terrified of getting rid of OpenTable and sending diners to another restaurant that still uses the site. And this is a hard, pounding-the-pavement business to build. It took OpenTable a decade to get to any kind of critical mass and it still provides software for less than 15,000 restaurants network-wide.


But there are ways to disrupt some of what has made OpenTable powerful. As Pastore argues and I’ve seen increasingly in San Francisco, a lot of new restaurants try their own online booking systems first. They mimic the convenience that OpenTable proved customers want, while keeping control of the relationship with the diner. It’s similar to what you saw in the travel industry: Early online travel agents proved people wanted convenience to book online and airline and hotel companies didn’t want the headache of building a site. But increasingly, they’ve all been trying to send customers to their own sites, either directly or through an aggregator like Kayak.


There’s also clearly a role that Yelp, FourSquare and Groupon could play as spoilers. As a diner, I usually go to OpenTable to browse what restaurants in a given neighborhood have availability. It’s less for the transaction of making a reservation itself. There’s definitely some overlap when it comes to on-the-spot browsing with Yelp’s mobile app, and there’s no reason FourSquare couldn’t use geotagging to push a list of restaurants with availability to you. (Yelp’s past partnership with OpenTable doesn’t necessarily preclude something like this.) If they don’t provide the back-end software, they will never have the same inventory that OpenTable has. But so what? They won’t charge restaurants as much either. That might be compelling enough.


Likewise, I wouldn’t be surprised to see some restaurants experiment with using Groupon to drive diners to them instead of paying OpenTable’s monthly fee. They get someone to come in the door once with a hefty discount, but it’s a one-time expense. You could even see Facebook Pages playing a role here. In general, the iPads, iPhones and Android platforms give would-be competitors powerful new tools to challenge OpenTable, which players like UrbanSpoon are counting on. Designing an app from the ground up to take advantage of how far the local game has come with location-aware smartphones is a world away from OpenTable’s DNA as a circa-2000 Web and back-end software company.


And really, all these players would have to do is erode OpenTable’s ability to sign new customers to have an impact. This earnings report was good, but the company’s shares have jumped a staggering 230% since its IPO 18 months ago, trading at a price-to-earnings ratio eight times higher than the Standard & Poors index. Bloomberg reports that short sells are increasing and some analysts call it the most overvalued stock in the sector.


When you’re priced beyond perfection, it doesn’t take much to stumble. Maybe OpenTable should listen to the squeaky wheels out there once again.


bench craft company scam

Casting <b>News</b>: How to Score a Guest Spot on &#39;Glee,&#39; Annette O&#39;Toole <b>...</b>

If you want to be on 'Glee' and are not an A-list recording artist or an Oscar nominee promoting your new movie, there's still hope.

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...


benchcraft company scam

Online video is well and truly, having the best time of its life right now. It seems to be factoring in every marketing plan worth its salt, with some incredible videos being produced by brands that are lighting up social media. I wanted to explore the state of the online video industry a bit further and delve into the stats that show the huge growth curve online video is currently on. Right now it is one of the most fascinating aspects of online, as brands continue to push the boundaries of what’s possible and engaging the audience in completely new ways. It is a seriously big business and one that every brand wants to be a part of. And it’s easy to see why..


Over 35 hours of video uploaded to YouTube every minute


This stat on its own is pretty stunning and quite hard to get your head around. But when you look at in in the context of the past 3 years, or even 6 months, you realise just how impressive this is. The graph below from Youtube shows the average hours of video uploaded every minute, back to June 2007. While this started at 6 hours, in the past 6 months it stood at 23. That’s a huge increase of 12 hours per minute in just 6 months :



That is some seriously impressive growth and also shows that just as much as brand video is growing, ugc is growing at a staggering rate, due largely to the growth in mobile and ease of uploading. As Youtube note themselves there are other factors, such as upping the time limit in videos, which would obviously attribute for an increase in the total length of video uploads. But this is impressive nonetheless.


Blinkx shares up by 400%


At the business end of video, Blinkx are showing that online video is starting to become a profitable industry. While Google still won’t reveal whether Youtube is making them money or not, Blinkx have recently announced their first ever turn in profit in the 6 months up to September. And it comes 3 years after they first launched. Blinkx make money through running ads alongside the videos they index, acting as a huge video search tool. They have certainly had a good year, as the 400% share increase shows. It’s also encouraging to see that online video isn’t just about Youtube and there are some other serious players in the market with unique offerings.


Online video ads reach half of U.S. users


While some research shows that advertisers are cautious over online video advertising, due to factors such as standardisation of ad formats, online video advertising is going from strength to strength. A recent study from ComScore (the people who measure things), found that just over 45.4% of users in America viewed at least one video ad over a month. But more impressively, were exposed to 32.2 videos each, on average. That’s over 4.3 million video ads that were served to the online U.S. population in September 2010. This shows the power of online video ads to get right in front of your target audience. And while there are some definite rights and wrongs in the content of the video ad, I think we’ll see this grow even more and prove itself as a valuable industry up there with TV.


Comedian makes $315,000 from online video


A recent study found that comedians top the bill for online video earnings, and one in particular is doing very well. A recent study found that comedian Shane Dawson, who amassed 431.7 million online video views in the past year made $315,000 from his content, through ad revenue. He came out top for independent earners on Youtube and it’s certainly an aspirational case study that shows the business of online video isn’t just for big brands.


Kia spend a third of budget on online video



In a bold move, Kia Motors have invested a third of their £2 million marketing budget for the new Sportage model, into online video. We’ve seen the motor industry embracing social media more and more – with Ford launching a model through Facebook – and this shows the commitment that some brands are making to online video. Not so much an add-on or a nice to have, but a central facet of a multi-million pound campaign. The online campaign will focus on the central characters from the TV adverts and include home-page takeovers and video ads. Cases like this help to solidify online video as a serious marketing avenue that can bring a campaign to life and help you get that extra bang for your buck.


20% of downstream internet traffic is to Netflix


In a huge coup for Netflix, a recent study found that 20% of peak time donwstream internet traffic was streaming video from their site. This is great news for Netflix, and perhaps not so great news for the DVD market. If Netflix were available in Ireland I would be there in an instant and would choose to view all films in this way, as it simply doesn’t make sense to invest in a DVD anymore and I expect that even the gift market for this may eventually die out. 20% is a huge figure and shows how much Netflix has staked its claim in this market.


2 billion videos viewed each month Facebook


In June 2010 Facebook released some interesting stats into their online video offering, which show the huge potential it has to own this market. They revealed that as well as 2 billion video views on its site each month, there were 415,000 online video uploads each day. While it may not be a contender to Youtube just yet, the sharing capabilities within Facebook and the ease of connecting with your community show the potential for this to grow. Interestingly, Youtube now offer the option of connecting with Facebook instead of logging in with your gmail account. This shows Youtube recognises the power to use the huge community on Facebook, something it can’t compete with, to combine with its own wealth of online video.


Live stream video viewing up by 650%


In their most recent report into online video, Comscore announced that the amount of live-streamed video we’re watching has grown by 648% over the past year. This is absolutely phenomenal growth and compares to a (still impressive)  68% increase in video views on Youtube. While it may still form a minor part of the online video  market, live streaming is growing in popularity and use, as we become more accustomed to this form of content, both as consumers and producers. UStream are owning the market here, but Facebook are quickly getting in on the game – recently introducing LiveStream integration with Facebook pages. This has the potential to hugely increase the live stream video market and see it really reach the mainstream.







I’ve had a checkered relationship with OpenTable. Initially, I loved it as a user, then was let down as the service evolved. For instance I found the eat-at-100-restaurants-and-get-a-measly-$20-check rewards system slightly better than a punch in the face and was annoyed that restaurants still required me to call to verify a reservation. If I had time to make a phone call, I wouldn’t have used OpenTable. Duh.


I’ve vocally accused the site of tailoring its service too much to the restaurants’ needs– who after all pay the bills– and ignoring a better customer experience. (Once a customer service rep for OpenTable actually told me they only cared if the restaurants were happy.) Then, the company addressed a lot of my issues, for instance offering easy ways to get larger numbers of dining points, and the CEO Jeff Jordan and I sat down and hashed it out in a video interview and I came away more impressed with him and the company’s management generally.


Lately, a diner like me isn’t the one doing the bitching–it’s restaurants. Something strange has been happening in San Francisco, which is OpenTable’s home market and oldest market. I dismissed it all for a while as purely anecdotal: The half-dozen or so new hot restaurants in my neighborhood that didn’t use OpenTable, the scattered emails from restauranteurs asking my opinion on whether the service was worth the money, based on how vocal I’d been about it in the past. Then yesterday we got this in the TechCrunch Tip jar: A reasonably-articulated, scathing rebuke of why a local restauranteur named Mark Pastore doesn’t use OpenTable, and how he thinks the service’s success has robbed restaurants of their most valuable asset, the relationship with diners, and charged way too much for the privilege. Even if he’s a lone squeaky wheel, it’s worth a read if you’re a regular OpenTable diner, investor or would-be competitor.


At the core of his argument is the belief that OpenTable’s $1.5 billion market capitalization isn’t a result of creating that much value for the market as a whole; it’s largely taken it from thousands of mom and pop restaurants. Pastore did a survey of his friends who were also restaurant owners and only one said that he felt OpenTable actually increased the value of his business. Tellingly, most of the others use it and don’t plan on quitting– but not because they love the service, because they are terrified of disrupting how diners are accustomed to making reservations. It turns out OpenTable is an astoundingly sticky business. It’s billed as a modern pay-only-as-long-as-you-love-it cloud subscription business, but Pastore’s description sounds like what most on-premise enterprise software customers would say. (Paging Ben Horowitz…) This puts a whole new spin on why OpenTable was growing as restaurants over all were losing money.


The most devastating blow is Pastore’s economic break down of what OpenTable costs restaurants:


“The access fees can be substantial, particularly for restaurants operating on thin margins. One independent study estimates that OpenTable’s fees (comprised of startup fees, fixed monthly fees, and per-person reservation fees) translate to a cost of roughly $10.40 for each “incremental” 4-top booked through OpenTable.com. To put that in perspective, consider that the average profit margin, before taxes, for a U.S. restaurant is roughly 5%. This means that a table of 4 spending $200 on dinner would generate a $10 profit. In this example, all of that profit would then go to OpenTable fees for having delivered the reservation, leaving the restaurant with nothing other than the hope that that customer would come back (and hopefully book by telephone the next time).”


Most restaurants suck up the cost to have the competitive edge of easy bookings. But with so many restaurants all using the same system– is it really much of a competitive edge or is it just table stakes? Pastore cites one 3.5 star restaurant in San Francisco where the owner has spent years paying OpenTable substantially more than he pays himself for 80-plus hour workweeks. When the economics are that lopsided, one would have to start wondering exactly how many diners wouldn’t book directly on a restaurant’s site if that were the only option.


Here’s the stunning thing this post made me realize for the first time: Unlike most large Web companies that built their businesses on cutting costs out of an industry and eliminating middlemen, OpenTable has managed to do the exact opposite. It has created a new middleman. So is there room for this new middleman to be disrupted?


It’s not going to be easy, as Pastore’s own survey shows. Restaurants are terrified of getting rid of OpenTable and sending diners to another restaurant that still uses the site. And this is a hard, pounding-the-pavement business to build. It took OpenTable a decade to get to any kind of critical mass and it still provides software for less than 15,000 restaurants network-wide.


But there are ways to disrupt some of what has made OpenTable powerful. As Pastore argues and I’ve seen increasingly in San Francisco, a lot of new restaurants try their own online booking systems first. They mimic the convenience that OpenTable proved customers want, while keeping control of the relationship with the diner. It’s similar to what you saw in the travel industry: Early online travel agents proved people wanted convenience to book online and airline and hotel companies didn’t want the headache of building a site. But increasingly, they’ve all been trying to send customers to their own sites, either directly or through an aggregator like Kayak.


There’s also clearly a role that Yelp, FourSquare and Groupon could play as spoilers. As a diner, I usually go to OpenTable to browse what restaurants in a given neighborhood have availability. It’s less for the transaction of making a reservation itself. There’s definitely some overlap when it comes to on-the-spot browsing with Yelp’s mobile app, and there’s no reason FourSquare couldn’t use geotagging to push a list of restaurants with availability to you. (Yelp’s past partnership with OpenTable doesn’t necessarily preclude something like this.) If they don’t provide the back-end software, they will never have the same inventory that OpenTable has. But so what? They won’t charge restaurants as much either. That might be compelling enough.


Likewise, I wouldn’t be surprised to see some restaurants experiment with using Groupon to drive diners to them instead of paying OpenTable’s monthly fee. They get someone to come in the door once with a hefty discount, but it’s a one-time expense. You could even see Facebook Pages playing a role here. In general, the iPads, iPhones and Android platforms give would-be competitors powerful new tools to challenge OpenTable, which players like UrbanSpoon are counting on. Designing an app from the ground up to take advantage of how far the local game has come with location-aware smartphones is a world away from OpenTable’s DNA as a circa-2000 Web and back-end software company.


And really, all these players would have to do is erode OpenTable’s ability to sign new customers to have an impact. This earnings report was good, but the company’s shares have jumped a staggering 230% since its IPO 18 months ago, trading at a price-to-earnings ratio eight times higher than the Standard & Poors index. Bloomberg reports that short sells are increasing and some analysts call it the most overvalued stock in the sector.


When you’re priced beyond perfection, it doesn’t take much to stumble. Maybe OpenTable should listen to the squeaky wheels out there once again.


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Casting <b>News</b>: How to Score a Guest Spot on &#39;Glee,&#39; Annette O&#39;Toole <b>...</b>

If you want to be on 'Glee' and are not an A-list recording artist or an Oscar nominee promoting your new movie, there's still hope.

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...


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benchcraft company scam

Casting <b>News</b>: How to Score a Guest Spot on &#39;Glee,&#39; Annette O&#39;Toole <b>...</b>

If you want to be on 'Glee' and are not an A-list recording artist or an Oscar nominee promoting your new movie, there's still hope.

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...


bench craft company scam

Online video is well and truly, having the best time of its life right now. It seems to be factoring in every marketing plan worth its salt, with some incredible videos being produced by brands that are lighting up social media. I wanted to explore the state of the online video industry a bit further and delve into the stats that show the huge growth curve online video is currently on. Right now it is one of the most fascinating aspects of online, as brands continue to push the boundaries of what’s possible and engaging the audience in completely new ways. It is a seriously big business and one that every brand wants to be a part of. And it’s easy to see why..


Over 35 hours of video uploaded to YouTube every minute


This stat on its own is pretty stunning and quite hard to get your head around. But when you look at in in the context of the past 3 years, or even 6 months, you realise just how impressive this is. The graph below from Youtube shows the average hours of video uploaded every minute, back to June 2007. While this started at 6 hours, in the past 6 months it stood at 23. That’s a huge increase of 12 hours per minute in just 6 months :



That is some seriously impressive growth and also shows that just as much as brand video is growing, ugc is growing at a staggering rate, due largely to the growth in mobile and ease of uploading. As Youtube note themselves there are other factors, such as upping the time limit in videos, which would obviously attribute for an increase in the total length of video uploads. But this is impressive nonetheless.


Blinkx shares up by 400%


At the business end of video, Blinkx are showing that online video is starting to become a profitable industry. While Google still won’t reveal whether Youtube is making them money or not, Blinkx have recently announced their first ever turn in profit in the 6 months up to September. And it comes 3 years after they first launched. Blinkx make money through running ads alongside the videos they index, acting as a huge video search tool. They have certainly had a good year, as the 400% share increase shows. It’s also encouraging to see that online video isn’t just about Youtube and there are some other serious players in the market with unique offerings.


Online video ads reach half of U.S. users


While some research shows that advertisers are cautious over online video advertising, due to factors such as standardisation of ad formats, online video advertising is going from strength to strength. A recent study from ComScore (the people who measure things), found that just over 45.4% of users in America viewed at least one video ad over a month. But more impressively, were exposed to 32.2 videos each, on average. That’s over 4.3 million video ads that were served to the online U.S. population in September 2010. This shows the power of online video ads to get right in front of your target audience. And while there are some definite rights and wrongs in the content of the video ad, I think we’ll see this grow even more and prove itself as a valuable industry up there with TV.


Comedian makes $315,000 from online video


A recent study found that comedians top the bill for online video earnings, and one in particular is doing very well. A recent study found that comedian Shane Dawson, who amassed 431.7 million online video views in the past year made $315,000 from his content, through ad revenue. He came out top for independent earners on Youtube and it’s certainly an aspirational case study that shows the business of online video isn’t just for big brands.


Kia spend a third of budget on online video



In a bold move, Kia Motors have invested a third of their £2 million marketing budget for the new Sportage model, into online video. We’ve seen the motor industry embracing social media more and more – with Ford launching a model through Facebook – and this shows the commitment that some brands are making to online video. Not so much an add-on or a nice to have, but a central facet of a multi-million pound campaign. The online campaign will focus on the central characters from the TV adverts and include home-page takeovers and video ads. Cases like this help to solidify online video as a serious marketing avenue that can bring a campaign to life and help you get that extra bang for your buck.


20% of downstream internet traffic is to Netflix


In a huge coup for Netflix, a recent study found that 20% of peak time donwstream internet traffic was streaming video from their site. This is great news for Netflix, and perhaps not so great news for the DVD market. If Netflix were available in Ireland I would be there in an instant and would choose to view all films in this way, as it simply doesn’t make sense to invest in a DVD anymore and I expect that even the gift market for this may eventually die out. 20% is a huge figure and shows how much Netflix has staked its claim in this market.


2 billion videos viewed each month Facebook


In June 2010 Facebook released some interesting stats into their online video offering, which show the huge potential it has to own this market. They revealed that as well as 2 billion video views on its site each month, there were 415,000 online video uploads each day. While it may not be a contender to Youtube just yet, the sharing capabilities within Facebook and the ease of connecting with your community show the potential for this to grow. Interestingly, Youtube now offer the option of connecting with Facebook instead of logging in with your gmail account. This shows Youtube recognises the power to use the huge community on Facebook, something it can’t compete with, to combine with its own wealth of online video.


Live stream video viewing up by 650%


In their most recent report into online video, Comscore announced that the amount of live-streamed video we’re watching has grown by 648% over the past year. This is absolutely phenomenal growth and compares to a (still impressive)  68% increase in video views on Youtube. While it may still form a minor part of the online video  market, live streaming is growing in popularity and use, as we become more accustomed to this form of content, both as consumers and producers. UStream are owning the market here, but Facebook are quickly getting in on the game – recently introducing LiveStream integration with Facebook pages. This has the potential to hugely increase the live stream video market and see it really reach the mainstream.







I’ve had a checkered relationship with OpenTable. Initially, I loved it as a user, then was let down as the service evolved. For instance I found the eat-at-100-restaurants-and-get-a-measly-$20-check rewards system slightly better than a punch in the face and was annoyed that restaurants still required me to call to verify a reservation. If I had time to make a phone call, I wouldn’t have used OpenTable. Duh.


I’ve vocally accused the site of tailoring its service too much to the restaurants’ needs– who after all pay the bills– and ignoring a better customer experience. (Once a customer service rep for OpenTable actually told me they only cared if the restaurants were happy.) Then, the company addressed a lot of my issues, for instance offering easy ways to get larger numbers of dining points, and the CEO Jeff Jordan and I sat down and hashed it out in a video interview and I came away more impressed with him and the company’s management generally.


Lately, a diner like me isn’t the one doing the bitching–it’s restaurants. Something strange has been happening in San Francisco, which is OpenTable’s home market and oldest market. I dismissed it all for a while as purely anecdotal: The half-dozen or so new hot restaurants in my neighborhood that didn’t use OpenTable, the scattered emails from restauranteurs asking my opinion on whether the service was worth the money, based on how vocal I’d been about it in the past. Then yesterday we got this in the TechCrunch Tip jar: A reasonably-articulated, scathing rebuke of why a local restauranteur named Mark Pastore doesn’t use OpenTable, and how he thinks the service’s success has robbed restaurants of their most valuable asset, the relationship with diners, and charged way too much for the privilege. Even if he’s a lone squeaky wheel, it’s worth a read if you’re a regular OpenTable diner, investor or would-be competitor.


At the core of his argument is the belief that OpenTable’s $1.5 billion market capitalization isn’t a result of creating that much value for the market as a whole; it’s largely taken it from thousands of mom and pop restaurants. Pastore did a survey of his friends who were also restaurant owners and only one said that he felt OpenTable actually increased the value of his business. Tellingly, most of the others use it and don’t plan on quitting– but not because they love the service, because they are terrified of disrupting how diners are accustomed to making reservations. It turns out OpenTable is an astoundingly sticky business. It’s billed as a modern pay-only-as-long-as-you-love-it cloud subscription business, but Pastore’s description sounds like what most on-premise enterprise software customers would say. (Paging Ben Horowitz…) This puts a whole new spin on why OpenTable was growing as restaurants over all were losing money.


The most devastating blow is Pastore’s economic break down of what OpenTable costs restaurants:


“The access fees can be substantial, particularly for restaurants operating on thin margins. One independent study estimates that OpenTable’s fees (comprised of startup fees, fixed monthly fees, and per-person reservation fees) translate to a cost of roughly $10.40 for each “incremental” 4-top booked through OpenTable.com. To put that in perspective, consider that the average profit margin, before taxes, for a U.S. restaurant is roughly 5%. This means that a table of 4 spending $200 on dinner would generate a $10 profit. In this example, all of that profit would then go to OpenTable fees for having delivered the reservation, leaving the restaurant with nothing other than the hope that that customer would come back (and hopefully book by telephone the next time).”


Most restaurants suck up the cost to have the competitive edge of easy bookings. But with so many restaurants all using the same system– is it really much of a competitive edge or is it just table stakes? Pastore cites one 3.5 star restaurant in San Francisco where the owner has spent years paying OpenTable substantially more than he pays himself for 80-plus hour workweeks. When the economics are that lopsided, one would have to start wondering exactly how many diners wouldn’t book directly on a restaurant’s site if that were the only option.


Here’s the stunning thing this post made me realize for the first time: Unlike most large Web companies that built their businesses on cutting costs out of an industry and eliminating middlemen, OpenTable has managed to do the exact opposite. It has created a new middleman. So is there room for this new middleman to be disrupted?


It’s not going to be easy, as Pastore’s own survey shows. Restaurants are terrified of getting rid of OpenTable and sending diners to another restaurant that still uses the site. And this is a hard, pounding-the-pavement business to build. It took OpenTable a decade to get to any kind of critical mass and it still provides software for less than 15,000 restaurants network-wide.


But there are ways to disrupt some of what has made OpenTable powerful. As Pastore argues and I’ve seen increasingly in San Francisco, a lot of new restaurants try their own online booking systems first. They mimic the convenience that OpenTable proved customers want, while keeping control of the relationship with the diner. It’s similar to what you saw in the travel industry: Early online travel agents proved people wanted convenience to book online and airline and hotel companies didn’t want the headache of building a site. But increasingly, they’ve all been trying to send customers to their own sites, either directly or through an aggregator like Kayak.


There’s also clearly a role that Yelp, FourSquare and Groupon could play as spoilers. As a diner, I usually go to OpenTable to browse what restaurants in a given neighborhood have availability. It’s less for the transaction of making a reservation itself. There’s definitely some overlap when it comes to on-the-spot browsing with Yelp’s mobile app, and there’s no reason FourSquare couldn’t use geotagging to push a list of restaurants with availability to you. (Yelp’s past partnership with OpenTable doesn’t necessarily preclude something like this.) If they don’t provide the back-end software, they will never have the same inventory that OpenTable has. But so what? They won’t charge restaurants as much either. That might be compelling enough.


Likewise, I wouldn’t be surprised to see some restaurants experiment with using Groupon to drive diners to them instead of paying OpenTable’s monthly fee. They get someone to come in the door once with a hefty discount, but it’s a one-time expense. You could even see Facebook Pages playing a role here. In general, the iPads, iPhones and Android platforms give would-be competitors powerful new tools to challenge OpenTable, which players like UrbanSpoon are counting on. Designing an app from the ground up to take advantage of how far the local game has come with location-aware smartphones is a world away from OpenTable’s DNA as a circa-2000 Web and back-end software company.


And really, all these players would have to do is erode OpenTable’s ability to sign new customers to have an impact. This earnings report was good, but the company’s shares have jumped a staggering 230% since its IPO 18 months ago, trading at a price-to-earnings ratio eight times higher than the Standard & Poors index. Bloomberg reports that short sells are increasing and some analysts call it the most overvalued stock in the sector.


When you’re priced beyond perfection, it doesn’t take much to stumble. Maybe OpenTable should listen to the squeaky wheels out there once again.


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