Tuesday, October 13, 2009
The Federal Trade Commission’s Coming War on Bloggers
The FTC is planning public hearings aimed at figuring out how to prop up dying newspapers.
The FTC is planning public hearings aimed at figuring out how to prop up dying newspapers.
When I read the news on TechCrunch that Valleywag’s longtime editor, Owen Thomas, was leaving the gossip site, I wondered whether there was a bit of schadenfreude in this reporting.
The news that Google is placing ads on Google News has sent a renewed wave of hand-wringing through the newspaper industry. How dare those Googlers make online news a profitable business! Of course, Google is planning to keep most of that profit. Good on them!
Like Napoleon marching into an abandoned Moscow, Larry Page and Sergey Brin have led Google’s advance into traditional advertising only to find nothing to loot. Now begins Google’s long imperial retreat, starting with 40 layoffs. But the real cut here is to Google’s ambitions.
Already, computers are more intelligent than most people you watch on television. But what will happen when they are smarter than everyone? Google is starting a new institution, the Singularity University, to ponder that question.
Freedom of the press belongs to those who own one. After hackers took down SoapBlox, a one-man blog-hosting company which runs local political Web sites, a silenced liberal commentariat found out how true that was.
Groans are issuing from the Googleplex over this year’s holiday bonus. In the past, the search engine paid cash–as much as $20,000 or $30,000 per Googler, we hear. This year? A cellphone.
Google has shut down Lively, a service where people log on to chat and explore 3D virtual spaces, after a few short months. The MBAs of Silicon Valley have a pat phrase for the arrival of a competitor on the scene: They say it “validates their space.” What does it say, then, that Lively is gone? It means that Second Life, the best known of these unreal universes, is doomed, too.
Is YouTube making Google a political player? The video-sharing site, with its stratospheric bandwidth bills and questionable new ad formats, may never pay Larry and Sergey back in cash for the $1.65 billion they shelled out to buy it in 2006. But it doesn’t have to. YouTube, having conquered online video, is taking over political broadcasting.
It’s more than a rumor: The great Silicon Valley gossip rag experiment has come to a humbling conclusion.
Two and a half years after launching Valleywag, blog magnate Nick Denton has decided to fold the site into Gawker, which covers the media business. For the past month, Denton has been saying to everyone who will listen that online advertising is undergoing a sharp slowdown as the economy continues to tank, and Web publishers are going to get nailed.
Why is Kevin Rose on a publicity binge? In the past two months, the founder of headline-voting site Digg has garnered two magazine covers. There he is with a smoldering leer on local San Francisco magazine 7×7.
Can a PR guy run an operating system? Silicon Valley’s gut reaction: No way. And yet that’s what Facebook COO Sheryl Sandberg has done in appointing Elliot Schrage, her handpicked flack, to run Facebook’s platform. The platform, when it launched a year ago, was hailed as the world’s next Windows. … But in one very short year — or a very long one, rather — Facebook’s platform has gone from selling point to PR headache.
Why so gloomy, VMware investors? The company’s stock drop, while likely driven more by the virtualization software maker’s newly slenderized forecasts and the resignation of its founder, seems like a slap in the face to incoming CEO Paul Maritz. And that would be a shame, since VMware is now getting one of the princes of the software world as its boss — and just in time, as it’s facing tough competition from Microsoft, where Maritz used to work.
The best thing with which to mock a company that shouldn’t exist is a company that doesn’t actually exist. And San Francisco’s Internet hipsters won’t just snicker about your start-up behind your back; they’ll do it where your vanity Google Blog Alerts will find it. Plurk is only the latest target–a start-up that lets users post short updates to the Web, as Twitter does, but adds a timeline. Plurk’s faux nemesis: Pheltup, “the first social network that not only tells you WHO is doing WHAT; but also WHY.”
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