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Reiterating Bearish Thesis on Pinterest

Bearish Thesis on Pinterest

 

– growth was driven by PR hype (and some unscrupulous social tactics); the PR has died off (Source: Pinterst Followed 274 of My Facebook Friends and Notified Them BEFORE Telling Me)

– “Pinterest drives more traffic than Twitter” is misleading because at 1.8% of traffic, it is still an order of magnitude lower than Search (41%) or direct traffic (20%) for commerce sites (Source: The Pinterest Myth)

– Pinterest is a “feature” that others can copy or have already copied — e.g. Facebook curated “Collections” (Source: http://bit.ly/Facebook-collections )

 

– leading affiliate marketers confirm the Pinterest referral potential has been limited at best so far. Amazon researchers published study that shows Pinterest does not generate much sales (Source: http://go-digital.net/blog/2012/08/uh-oh-amazon-researchers-say-pinterest-doesnt-generate-a-lot-of-sales-amzn/ )

 

– Pinterest does not own or have ANY content — all of the content is linked to and served by other content owners, who could decide to disallow Pinterest’s further use of the content by blocking hotlinking.

 

– Pinterest’s original value (carefully curated content) has been obliterated due to the tidal wave of content that has been posted on the site — the value of curation has been lost and it is now no better than Flickr or just a Google Image search

 

– Pinterest’s top categories are “Food & Drink” and “Outdoors” which may not easily translate into online sales. Source:

 

NOTE: The point is that Pinterest may not find a real business model and revenues may never amount to much. But this does not mean that it won’t be bought by some other larger company that wants access to its user base and their activities on the site for other purposes such as ad targeting.

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Wednesday, March 13th, 2013 news No Comments

Universities to offer free online courses with credit, let us try before we learn

Source: http://www.engadget.com/2013/01/24/universities-to-offer-free-online-courses-with-credit/

Universities to offer free online courses with credit, let us try before we learn

It’s not really practical to give universities a meaningful test drive. Not without ample amounts of money and time to throw at a practice semester, at least. It’s about to become comparatively trivial. Arizona State, the University of Cincinnati and 38 other institutions are teaming up with Academic Partnerships to offer the first course from certain online degrees for free — and, more importantly, to make it count as credit. Money only matters to participants (and Academic Partnerships) if they move on to the full program. Prospective students will have to wait until the spring to sign up for what’s ultimately a freemium education, but patience could be a virtue if it means understanding the workload before committing to what may be years of higher learning.

[Image credit: Dave Herholz, Flickr]

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Via: New York Times

Source: MOOC 2Degree

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Thursday, January 24th, 2013 news No Comments

Intel will discontinue desktop motherboards following Haswell release

Source: http://www.engadget.com/2013/01/23/intel-will-discontinue-desktop-motherboards/

The decline in desktop PC sales is beginning to ripple throughout the industry, as Intel has revealed plans to wind down its desktop motherboard division over the next three years. According to AnandTech, the company will release boards that are based on the Haswell architecture before completely suspending development. Moving forward, Intel will instead focus its efforts on creating form factor reference designs for the Ultrabook, tablet and desktop markets. Curiously, one product that’s currently immune from the announcement is the Next Unit of Computing (NUC), a miniature barebones system that will see continual development from Intel. While custom PC builders will likely take a moment to reflect upon the news, it’s said that the transition is unlikely to affect the company’s workforce. Instead, current employees will be absorbed into other divisions within Intel. After all, there’s no point in showing talented engineers to the door, even in an age of market shifts.

[Image credit: huangjiahui, Flickr]

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Source: AnandTech

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Wednesday, January 23rd, 2013 news No Comments

Marissa Mayer’s Yahoo Copies Instagram With New Flickr App (YHOO)

Source: http://www.businessinsider.com/marissa-mayer-copies-instagram-with-new-flickr-app-2012-12

flickr ios app

Yahoo just totally revamped its Flickr app for iOS with Instagram-like filters. 

Yahoo hadn’t updated the app since last year, so new Flickr fits in quite nicely with Yahoo CEO Marissa Mayer’s commitment to a mobile-first strategy.

The new app features a simpler sign-up process, 16 camera filters and full groups capabilities, which used to only be available on Flickr.com. 

Unlike Instagram, Flickr provides support for Twitter, in addition to Facebook, Tumblr, and email. 

Earlier this week, Instagram pulled the plug on Twitter, making it no longer possible to view Instagram photos in your Twitter stream.

SEE ALSO: Why In The World Should Instagram Allow Twitter To Scrape Its Photos?

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Wednesday, December 12th, 2012 news No Comments

Trent Reznor teases Beats-backed streaming music service, wants a personal touch

Source: http://www.engadget.com/2012/12/10/trent-reznor-teases-his-beats-backed-streaming-music-service/

Trent Reznor gives clues to his Beatsbacked streaming music service, wants a personal touch

Dr. Dre isn’t the only musician to collaborate with Beats on projects deeper than one-off headphone models. Nine Inch Nails and How To Destroy Angels creator Trent Reznor tells The New Yorker that he and Beats are developing a streaming music service, codenamed Daisy, that should go beyond just automatically suggesting related songs like with Pandora. Alongside algorithm-based picks, Daisy should introduce “intelligent curation” from humans to make musical connections that wouldn’t otherwise take place. We’ll know more when the service goes live early next year; we’re presuming the recommendations will involve more than just another spin of The Downward Spiral.

[Image credit: Nine Inch Nails and Rob Sheridan, Flickr]

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Via: Pitchfork

Source: The New Yorker (subscription required)

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Monday, December 10th, 2012 news No Comments

A Flickr Cofounder’s Second Act Closes Shop

Source: http://www.businessinsider.com/stewart-butterfield-tiny-speck-glitch-closing-2012-11

Glitch closure announcement

Glitch, a quirky, lovely online game, is closing its doors, and its maker, Tiny Speck, appears to be laying off about 30 employees—all except a “small core team.”

Tiny Speck was founded by Stewart Butterfield, the cofounder of Flickr, in 2009, when it raised $1.5 million in seed funding. It announced Glitch, its first product, in 2010, and raised $10.7 million from Andreessen Horowitz and Accel Partners, the venture-capital backers of Instagram and Facebook respectively.

Flickr, bought by Yahoo in 2005, was one of the pioneers of the social Web. That site grew out of its founders’ efforts to build an online game, and Tiny Speck’s project was widely seen as the realization of that dream.

But its hauntingly lovely graphics and kindhearted gameplay failed to attract a meaningful audience. A key executive, Kakul Srivastava, who had worked with Butterfield at Yahoo as Flickr’s general manager, left in January. (She is now running her own company, an app developer named Tomfo! olery.)< /p>

The closure seems abrupt. Tiny Speck has posted the names and links to LinkedIn profiles for former employees now in need of a job, encouraging others to hire them. On Wednesday evening, Butterfield appeared to joke with one of those employees, Matt Kump, on Twitter about failing to notify him personally: “I owe you an email.” Kump replied that a colleague had told him about Glitch’s closure.

The closure announcement said that Tiny Speck had failed to find a buyer willing to keep the Glitch game running, and that it was expensive to run. It also noted that the company had bet heavily on Adobe’s Flash, a desktop-oriented Web animation technology increasingly viewed as dated and poorly adapted to mobile.

But Tiny Speck sounded an optimistic note that a future could be found for some of the complex technology used to keep the game’s objects, characters, and actions in sync in real time:

Tiny Speck, the company behind Glitch, will continue. We have developed some unique messaging technology with applications outside of the gaming world and a smaller core team will be working to develop new products. 

If a new venture is born out of Tiny Speck’s technologies, it would have an eerie parallel with Flickr, which grew out of a feature that let online game players post photos.

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Thursday, November 15th, 2012 news No Comments

Source: http://gizmodo.com/5950527/facebook-crazy-statistics

Facebook's Crazy Facts and FiguresThey have 1 billion users, but that’s not Facebook’s only amazing statistic. There are a lot more, starting with a staggering 1.13 trillion likes. One point thirteen trillion likes, people. It’s crazy. Here are the rest of their stats, compiled since the first day of Facebook:

Over 1.13 trillion likes

since launch in February 2009. Wow.

140.3 billion friend connections

to one billion total users. Is everyone connected to everyone or what, Kevin Bacon?

219 billion photos.

These are photos actually in the system, not including the deleted ones. They believe they have had 265 billion photos in their servers since fall 2005. Flickr is weeping.

17 billion location-tagged posts,

including check-ins as of September 10, 2012—since August 2010.

210,000 years of music played so far.

62.6 million songs that have been played 22 billion times. The most staggering fact about this: their music-listening app only started in September 2011 and this data is from September 11, 2012.

More useless but neat facts:

• Facebook says that the median age of the user is about 22 years.

• The top five countries, in alphabetical order, where people connected from since the 1 billion user record was achieved: Brazil, India, Indonesia, Mexico and the United States.

• Of that 1 billion, there are 600 million mobile users. Not bad.

Head? Spinning!

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Wednesday, October 10th, 2012 Uncategorized No Comments

This Awesome Image Shows Every Hurricane And Tropical Storm Since 1851

Source: http://feedproxy.google.com/~r/businessinsider/~3/kIQl9efBox4/this-awesome-image-shows-every-hurricane-and-tropical-storm-since-1851-2012-8

Hurricanes since 1851

Data-master John Neslon created this bottoms-up view (looking at the Earth from Antarctica) of every single tropical storm and hurricane we know about, dating back to 1851. It’s based on data from NOAA’s archives, which include wind speed, storm name, date, and other information. The color of the path is tied to intensity. See the highest resolution on Flickr.

From Nelson’s blog, called IDV User Experience:

A couple of things stood out to me about this data…

1) Structure.
Hurricanes clearly abhor the equator and fling themselves away from the warm waters of their birth as quickly as they can.  Paging Dr. Freud.
The void circling the image is the equator.  Hurricanes can never ever cross it.

2) Detection.
Detection has skyrocketed since satellite technology but mostly since we started logging storms in the eastern hemisphere.  Also the proportionality of storm severity looks to be getting more consistent year to year with the benefit of more data.

(Via i09)

See some more of John’s work: Maps Show Every Major Fire In America Since 2001 >

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Join the conversation about this story &! #187;

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Thursday, August 23rd, 2012 news No Comments

Microsoft sets ‘do not track’ as default on IE10, ruffles feathers

Source: http://www.engadget.com/2012/06/01/do-not-track-is-default-on-ie10/

Microsoft sets 'do not track' as default on IE10, ruffles feathers

Internet Explorer 10 on Windows 8 won’t be the first major browser to pack a “do not track” component, but it’ll be the first to have it switched on by default. Though Microsoft doesn’t yet support the feature on its own websites, it plans to help hammer out the protocols by cooperating with industry, government and standards organizations in the months ahead. With Twitter’s support for the measure, the crew in Redmond isn’t the only one kicking the privacy ball forward. The Digital Advertising Alliance, however, isn’t pleased with the development, in no small part because it struck a deal with the White House to honor “do not track” so long as it’s not a default setting. Despite the move, Microsoft said it hopes users will choose to share their data with advertisers to receive more relevant advertising. Hit the more coverage links for added details on Microsoft’s feather ruffling.

[Image credit: Tomas Fano, Flickr]

Microsoft sets ‘do not track’ as default on IE10, ruffles feathers originally appeared on Engadget on Fri, 01 Jun 2012 06:42:00 EDT. Please see our terms for use of feeds.

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Friday, June 1st, 2012 news No Comments

9 Unusual Ways Social Media Is Being Used To Predict The Future

Source: http://www.businessinsider.com/9-ways-social-media-data-is-being-used-2012-3


wildfiresca

Companies are getting smarter in how they use social media.

Instead of just using it for brand monitoring, one company called Gnip has been working with the likes of Twitter, WordPress, and other social media publishers to do all kinds of things, from tracking diseases to stopping wildfires.

While Gnip can’t reveal which companies it works with, it told us some interesting ways in which social data is being used.

Helping hedge funds.

Gnip works with 12 hedge funds that use social media information to analyze sentiment about certain kinds of investments.

Fighting a wildfire.

Gnip worked with a company called VisionLink to track a wildfire in Boulder, Colorado. They tracked tweets and posted photos in real-time to see what areas were cut off and see where the evacuation routes were.

Gnip told us:

By layering the geo-tagged Tweets and Flickr shots they got from Gnip onto a Google map of the area, VisionLink was able to provide emergency workers with a realtime view of what was happening on the ground.  With this information emergency workers were able to see where they needed more resources to respond to needs in the local community.

Reporting crimes.

Instead of calling police, people in Mexico are reporting crimes via Twitter. As the New York Times reported:

Anonieta Salazar Loftin, a doctoral student in Mexican history at the University of Texas at Dallas, said this is how her relatives back home use social media. She said that anonymous crime-focused Twitter accounts like @balaceramty — which is based in Monterrey and has more than 40,000 followers — provide a needed public service.        

See the rest of the story at Business Insider

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Monday, March 19th, 2012 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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