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Pearson buys a small stake in Nook Media, wants a fast track for digital education

Source: http://www.engadget.com/2012/12/28/pearson-buys-a-small-stake-in-nook-media/

Pearson buys a small stake in Nook Media, wants a fast track for educational ebooks

Publishers often want to work closely with e-book outlets — possibly a little too closely — but it’s rare that they involve themselves directly. Pearson is taking that uncommon step by making a 5 percent, $89.5 million investment in Nook Media, the joint venture between Barnes & Noble and Microsoft. Some of the reasoning won’t be made public until Barnes & Noble provides holiday sales results on January 3rd, but Pearson is clear that it’s furthering its online education plans: it wants Nook Media’s distribution skills to make a “seamless and effective experience for students.” Just when we’ll see this harmony is still up in the air, though. Nook Media has yet to outline what Microsoft’s partnership means for e-books and e-readers, let alone how Pearson factors in. We’re not expecting a sea change until companies start speaking up.

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Saturday, December 29th, 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


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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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