Google CEO Eric Schmidt on Google’s future: “…we have this amazing product called AdSense for content, where we’re monetizing the Web. If you’re a publisher we run our ads against your content. It’s phenomenal. How do we make that product produce better content, not just lots of content?”
Ron Garret has a great post about the “classic mistakes that geeks make when trying to raise money for a new business.” I thought these spoke directly to challenges that publishers and media companies have when recreating their business model online. The myths are: A brilliant idea will make you rich. If you build it… Continue reading Top Ten Innovation Mistakes
Editor & Publisher reports on an American Press Association (IAPA) seminar that shows publishers still at odds as to the best way to approach newspapers’ transition online. Wall Street Journal Publisher L. Gordon Crovitz seemed to tell the crowd what they wanted to hear: “Our goal is keeping a business model in order to maintain… Continue reading Publishers Unsure About Newspapers Future
Netflix just announced a contest that will award $1 million to the person who can improve their recommendation engine by 10% or more: ““Most of the easy stuff has been squeezed out already,” he said, adding that it had become increasingly difficult to make substantial progress in predicting accuracy.” I found it odd that the… Continue reading The Limits of Social Media
Yahoo is opening itself up: “Officials of the world’s largest Internet media company said on Friday it planned to give away the underlying code to Yahoo Mail, one of the crown jewels of its business, in a bid to encourage software developers to build new applications based on e-mail.” Why would a non-programmer care about… Continue reading Profit by Giving it Away for Free
Jeff Jarvis compares editorialists to bloggers: “The irony is that the editorialists have long been guilty of the sins most often attributed to bloggers: They rarely report and mostly just leach off the work of other journalists. And they work anonymously. Worse, they attempt to speak as the voices of institutions, issuing opinions as if… Continue reading Are Blogs & Editorials the Same Thing?
Cnet looks at the changing nature of trust and information online in an article titled, “Most reliable search tool could be your librarian.” “Most people don’t bother to look at results past the first page or spend much time evaluating the source of the material, experts say.” “There’s a problem with information illiteracy among people.… Continue reading Are All of Our Eggs in Google’s Basket?