Posts Tagged ‘Twitter’

There’s A Whole Lot of Shaking Going On

Tuesday, September 6th, 2011

A big shake-up occurred recently in Washington, D.C.,  although it was not of the variety that some would prefer.  The nation’s capital was taken by surprise when it was hit by a 5.9-intensity earthquake that rocked the East Coast and was felt as far away as Boston, North Carolina and even Michigan.  Although early reports said that the Washington Monument was tilting slightly, it was later determined that the stately obelisk only had damage to some of the stone in the pyramid that tops the monument.  Approximately 45 minutes after the 1:51 p.m. quake, Fox News started reporting that it had received reports that the Washington Monument was leaning.  Atlanticwire noted that Twitter “immediately seized on it” and quoted Twitterer Patrick Tansey, as tweeting that “I just walked past the Washington Monument, it’s not tilted at all.” 

The Associated Press reported that “The National Park Service (NPS) says all memorials and monuments on the National Mall were evacuated and closed after an earthquake struck near the nation’s capital.  No damage was reported.”  Park Service spokesman Jeffrey Olson said there was “absolutely no damage” to the Lincoln Memorial or other memorials along the Mall.  According to the NPS, a preliminary inspection shows the Washington Monument to be structurally sound.  But it “is evaluating the structures to ensure that they are structurally sound and safe for all visitors.  The Washington Monument, because of its structural complexities, will remain closed until further notice.  It is possible that the Lincoln Memorial and Jefferson Memorial could open as early as this evening after preliminary inspection.  The Old Post Office Tower will open on Wednesday morning.” 

One Washington landmark was damaged in the quake.  Washington National Cathedral, an impressive Gothic structure favored by tourists, suffered what is being termed as “significant” damage.  “The building will retain structural integrity,  but the damage to the central tower is quite significant,” Cathedral spokesman Richard Weinberg said, noting that engineers and stonemasons are assessing the full extent of the damage, how costly the repairs will be and when the cathedral might reopen. 

The quake was shallow, occurring three miles below the earth’s surface.  Washington Metro and commuter rail services ran normally the next morning, but authorities closed several government buildings pending damage inspections.  These include the Departments of Agriculture, Homeland Security and Interior.  The Labor Department and Health and Human Services buildings were closed at first but later reopened.  D.C. public schools were closed, in addition to schools in several districts in Virginia and Maryland.

Not surprisingly, there were some initial fears that terrorists had struck the region as office workers were evacuated from their buildings.  “In Washington, 10 years later, every day is September 12,” Marc Fisher.  “When the office ceiling shifts to and fro, and the pens and cups fall off the desk, it’s scary enough. But in a terror-scarred city, thoughts go immediately to evil attack rather than natural disaster.”  Or, as the Los Angeles Times says, “when a building shakes in Washington, ‘earthquake’ does not spring to mind.  Instead, as the magnitude 5.9 earthquake shook the capital on Tuesday, it sparked immediate fears of a terrorist attack for congressional staff members accustomed to repeated warnings about man-made threats.” 

“At first we weren’t sure exactly what it was, but as we heard the Capitol Police officers and other staff shouting evacuation orders, we knew it was serious,” said congressional staffer Rachel Semmel, who fled without her keys or wallet.  “For a brief moment during evacuation, it was very scary.” 

Senate Sergeant at Arms Terrance Gainer said that some buildings in the Capitol complex sustained structural damage and “a couple minor twisted ankles.  Aside from people being a little bit anxious and nervous,” most Capitol complex employees are fine, Gainer said. 

To watch the White House shake during the earthquake, click here.

Google+ Off to a Good Start – Will It Last?

Tuesday, August 9th, 2011

Just one month into its launch, Google+ has seen extraordinary growth, netting some 20 million unique visitors.  Still, it faces several key challenges before it can become the dominant force in social media.  Online metrics company ComScore said that of the 20 million users, five million of those are from the United States.  “Google+ is on an unprecedented growth trajectory over its first three weeks, reaching 20 million visitors faster than any site in recent memory,” Comscore Vice President Andrew Lipsman said.  The estimate comes a week after Google CEO Larry Page said that the company already had accumulated 10 million registered users. While registered users and unique visitors are not necessarily the same thing, that growth has been nothing short of impressive.

While the rate of growth is unparalleled, the social network is still small when compared with its rivals such as Facebook and Twitter, which have 750 million and 200 million registered users, respectively.  Google+’s success will depend on how Google “converts this strong trial base into regular users,” Lipsman warned.  While competitors Facebook and Twitter have become online destinations in themselves; more than 50 percent of traffic coming to Google+ is initiated by visits to Google or Gmail, according to Experian HitWise.  YouTube is a significant referrer.

Writing on the DVice website, Raymond Wong says that “Google+, the new guy on the social networking scene isn’t doing too bad.  After Google CEO Larry Page announced last week that Google+ had 10 million users in a mere two weeks, it appears they’ve added another 10 million users.  Talk about being the hottest thing in town.  People said that Google couldn’t build a social network that anybody would give two cents about, but somehow they’ve managed to do just that.  According to an independent comScore report, the new Google+ social network has hit 20 million unique visitors in three weeks.  Some have called Google+ a Facebook rip-off.  Some have joined simply to see what the buzz is all about, much like how everybody started Google and for a brief moment in time and then disappeared into oblivion. For now, none of that matters.  Google+ is gaining more users everyday, and Google is sure to be super excited by all the signups.”

So while we have a lot of work still to do, we are really excited about our progress with Google+,” Page said, noting that Google will re-focus on its core products and on new innovations.  “Google+ is also a great example of another focus of mine — beautiful products that are simple and intuitive to use and was actually was one of the first products to contain our new visual redesign.”  Google+ isn’t Google’s first expedition into the world of social media and its excitement over having 20 million Google+ users may be early.  Google introduced Google Buzz in February 2010 and immediately saw user numbers swell; it was later panned.

Reports are that Google will, unlike Facebook, host games on its own servers — this could make them faster and less prone to glitches.  The Google+ code mentions a gaming platform, and the company has reportedly invested as much as $200 million in the leading social gaming company Zynga.  There has been no official announcement about if and when the Google game platform will launch or how it will be designed.

Facebook is still beating Google+ in time spent on a social network.  HitWise research director Heather Dougherty said the average visit time for Google+ is five minutes and 50 seconds, compared with almost 22 minutes on Facebook.  Dougherty also examined how users arrived at Google+.  Google.com (at 34 percent) and Gmail (at 26 percent) account for 50 percent of all traffic to Google+; another six percent come from YouTube and Google Profiles.  Facebook ranked third among websites visited immediately prior to Google+, an indication that many social-network users have multiple accounts.  Google+ ranks as the 42nd most visited social networking site in the United States, and was the 638th most visited website.  Broken down by region, most of Google+ visitors are from Los Angeles, New York City and San Francisco (in descending order).

Facebook Is Worth $50 Billion? Anyone Remember the Dotcom Bubble?

Tuesday, July 12th, 2011

Could social media be the victim of the next dot.com bubble? Although Facebook has been valued at $50 billion – more than Yahoo!, eBay, and Time Warner and butting heads with such giants as Amazon and Google, there is some question about what the valuation is based on.  According to Newsweek, “Some media experts have compared Facebook with Disney, valued at about $70 billion.  But Disney has real, tangible assets – parks, hotels, cruise ships, iconic images to market on everything from T-shirts to tableware, and a massive library of classic animated films – to back its assessed value.  Facebook has a virtual network that, according to Time, links one-twelfth of the world’s population.  However, according to The Wall Street Journal, Facebook still has enormous infrastructure costs that include as much as $700 million for two data centers, and its profits have yet to be publicly disclosed.  When an investor buys a piece of Facebook, what exactly does that investor get?  The sudden, meteoric explosion in value of online social media sites like Facebook and Twitter is eerily reminiscent of the rise about 15 years ago of the online businesses that created the ‘dotcom bubble.’”

On the PBS Newshour,  Ray Suarez interviewed Josh Bernoff, a senior vice president of Forrester Research, who has written two books on social media.  According to Bernoff, “I certainly think that there’s no rational way to understand these valuations.  I want to be clear here.  Social is very exciting.  There’s a lot of business perspective, a lot of optimism that goes along with it.  But I think these valuations are based on where people think the next buyer will come from and not on where the actual revenues of these companies are going.”  Earlier this year, Microsoft bought Skype for $6.5 billion, although its revenues are less than $1 billion a year.  When LinkedIn went public, it was valued at $9 billion.  Its profits are just $12 million annually.

According to Experience:  The Blog “The dot-com crash of 2000 was devastating.  Even now, 11 years later, the NASDAQ Composite is just a hair over half of where it stood in March 2000.  The crash caused the loss of $5 trillion in market value, huge numbers of people lost their jobs, and the facade of most of those dot-com millionaires crumbled as their paper wealth evaporated.  (To me, the insanity of the dot-com craze is demonstrated by a single story told to me by a now-successful exec in a social enterprise company.  Back in 2000, he ran a tiny startup that got caught up in the dot-com hysteria; at one point it hit a market cap of $1 billion but was generating just $60,000 of revenue.)  I am taking you on this trip down Memory Lane for a reason:  It’s happening again.  Investors in social media startups are looking to cash in, and valuations are soaring despite modest to no profits.  Recently, Airbnb, a site that allows people to arrange short-term vacation rentals of rooms, homes and apartments, received a round of funding based on a $1 billion valuation.  While the company has not released financials, best guess estimates are that Airbnb only generates around $10 million of revenue.  To put this into perspective, Marriott has $12 billion in revenue and a market cap of $14 billion.”

The Next Web disagrees with predictions of a second dotcom bubble.  “Dotcom 2.0 is much stronger than its predecessor.  People are more technologically savvy and, crucially, broadband and smart phones are approaching ubiquity.  The world is switched-on, tuned-in and can’t get enough Internet.  Technological advances aside, the one thing that will ensure we don’t see another dotcom disaster is social media marketing.  The key to success this time lies in finding ways to monetize the many ventures – it’s understood that driving traffic isn’t enough, which is why Twitter is actively seeking ways to drive its revenue.  In fact, Twitter may make as much as $150 million this year, according to some reports.  There’s no question there are a lot of over-valued companies out there at the moment; some will undoubtedly crumble and some will flourish. But Dotcom 2.0 isn’t a bubble, and it won’t burst.”

Is a Dot.Berlin Internet Domain In Our Future?

Tuesday, June 28th, 2011

The dot.com era is moving on.  Websites will soon be able to end with anything from “.shop” to “.canon” after the group that manages Internet addresses approved the historic change.  The Internet Corporation for Assigned Names and Numbers (ICANN), which until previously allowed just 22 suffixes including “.com” and “.org,” will accept almost any word in any language.  The move could prevent cybersquatting, the practice of registering domain names and selling them to trademark owners, often for big bucks.  Big business may have to buy addresses to prevent their brands from being hijacked, which costs $500,000 per company, according to an estimate from the Coalition Against Domain Name Abuse.

“Today’s decision will usher in a new Internet age,” Peter Dengate Thrush, chairman of ICANN’s Board of Directors, said in the statement.  “We have provided a platform for the next generation of creativity and inspiration.”  Applications for custom suffixes, which will cost $185,000, are not inexpensive and the first of these “top level domain names” won’t go live until the end of next year, said Adrian Kinderis, a member of Icann’s advisory council.  Canon, Deloitte and Hitachi Ltd., are some of the companies that are interested in company domain names, while generic names will be auctioned to the highest bidders, Kinderis said.

Icann has opened the internet’s addressing system to the limitless possibilities of the human imagination,” said Rod Beckstrom, president and chief executive officer for ICANN.  “No one can predict where this historic decision will take us.”  There is the possibility that several hundred new generic top-level domain names (gTLDs) will be created, which could include such addresses as .google, .coke, or even .BBC.  At present, there are just 22 gTLDs, as well as approximately 250 country-level domain names such as .uk or .de.  According to industry analysts, it’s a price that global giants might be willing to pay to maximize their internet presence.  The money will cover costs incurred by ICANN in developing the new gTLDs and using experts to scrutinize the thousands of expected applications.

Companies and organizations that want one of the new gTLDs will have to meet high technical standards, according to Bruce Tonkin, chief strategy officer at Melbourne IT, a domain registry service.  “You need IT robustness and you need intellectual property protections beyond what is available in the dot com space.  You have to have 24/7 abuse team.  You have to have mechanisms where a trademark holder has first right to get their name,” he said.  The higher standards, Tonkin said, translate to an extremely rigorous application process.  “Using a real estate analogy, it would be roughly the equivalent of getting approval to build a skyscraper.”

Japanese electronics giant, Canon, plans to apply for rights to use domain names ending with dot-canon.  Berlin, Germany, has expressed interest in a dot.berlin suffix.  Other suffixes could organize the Internet by language, geography or industry.  According to Brad White, ICANN’s director of global media affairs, opening the Internet address system will have far-reaching social and commercial impact.  “It will afford a possibility for innovation, creativity, branding and marketing.  We can’t fully predict the impact that this change will have, but we know it will have tremendous impact, in much the same way that nobody could predict social media.  Nobody could predict the popularity of Skype.  No one could predict the popularity of Facebook or Twitter. What we have done is removed a barrier to innovation,” White said.  “One of the biggest changes that this will mean to the Internet is an expansion of the use of non-Latin characters.  So, people who speak Cyrillic, or Arabic or Chinese can now use their own generic top-level domains at the end of an Internet address.  It will vastly, we believe, increase the number of Internet users.”

Brands need to act now if they want to apply for one of these new domain names as it is not as simple as registering a .com address. ICANN’s application fee is $185,000 USD and the application process is complex, requiring a submission which will run into hundreds of pages. Many companies will engage with a specialist to help them apply and manage their new TLD,” said Theo Harakis, chief executive of Melbourne IT Digital Brand Services.  Sebastian Bachollet, an ICANN board member, expresses confidence with the decision.  “Some people feel that the new gTLDs will cause confusion…I trust we have the tools to ensure the phase of stress will be brief,” Bachollet said.

ICANN’s announcement that it is setting aside $2 million to help developing countries is little consolation for the pay-to-play nature of the process.  According to ICANN, it expects as many as a thousand applications, mostly from recognized companies and brands.  Eric Mack in PC World says that “It appears that the greatest expansion of the domain name system is a big win for big business, amounting to the digital codification of today’s corporate giants.  But won’t it seem a little silly if, in five years, Canon, is part of a merger or undergoes a name change, or disappears from our lexicon for some other reason — and one of the world’s newest domain endings becomes worthless overnight?”

Facebook May Breach the Great Firewall of China

Tuesday, May 3rd, 2011

Social networking could gain 1.3 billion new users if a deal goes through that will introduce Facebook to ChinaFacebook Inc. has signed an agreement with Baidu, Inc.  a search engine company, to create a social-networking website in China.  “We are currently studying and learning about China, as part of evaluating any possible approaches that could benefit our users, developers and advertisers,” Palo Alto, CA- based Facebook said.

The arrangement follows several recent meetings in China between Facebook CEO Mark Zuckerberg and Baidu CEO Robin Li.  The Baidu website would not be incorporated with Facebook’s international service, and a potential launch date is “not confirmed.”  Facebook said it is “currently studying and learning about China, as part of evaluating any possible approaches that could benefit our users, developers and advertisers.”  By entering the Chinese market, where the world’s most popular social-networking service is currently banned, Facebook would gain access to the nation’s nearly 500 million Internet users.

According to Pascal-Emmanuel Gobry of MSNBC Business Insider, “The deal makes sense for both sides. On Facebook’s side, it needs a big local partner to break into the huge Chinese market. On Baidu’s side, it is threatened by social network juggernaut Tencent, and it might be a safer bet to build a social network with one of the most successful social companies in the world than to try to build its own.”

Baidu, which is China’s largest search engine, wants to provide more social networking opportunities in China.  The impediment has been the Chinese State, which owns the “Great Firewall of China” and has blocked sites like Facebook, Twitter and YouTube.  Google removed its search engine last year.

Writing on the website Digital Trend, Molly McHugh is curious about how Facebook can compete if it enters the Chinese market.  “Facebook has been blocked in China since 2009, when riots in the country’s Xinjiang region led to severe crackdowns on Internet use.  Since then, statements from Chinese officials and Facebook CEO Mark Zuckerberg have hinted at the possibility of cooperation between the two, if a compromise between the nation’s overbearing censorship and Facebook’s ‘openness’ can be reached.  Now it looks as though something is going on.  What exactly that may be is still up in the air, but numerous reports say Facebook is working with China to come up with a solution.

“According to Marbridge Consulting, as well as a few blogs,” according to McHugh, “a post on Sina Weibo from Hu Yan Ping, the founder of a Chinese market research firm claims that Facebook will be collaborating with Baidu to build an entirely new social networking site.  Ping wrote, ‘Facebook really is about to enter China, the agreement is signed.  A domestic website will work with Facebook to create a new site.  This new site is not interlinked with Facebook.com.  The question is, will this live or die in China?’”

Icelandic Volcano a Blow to Trans-Atlantic Business Travel

Tuesday, May 4th, 2010

Eyjafjallajokull strands business travelers and vacationers on both sides of the Atlantic.  Business travelers and vacationers on both sides of the Atlantic Ocean recently were stranded by the spectacular eruption of Iceland’s Eyjafjallajokull Volcano that created an ash cloud so large it covered significant portions of Europe and disrupted air travel.  Although the flight delays were the result of an act of God, employees concerned about retaining their jobs in a tough economy resorted to transcontinental technology to try and keep up with their work loads.

The use of the internet, remote e-mail access, Twitter and Skype are reported to have risen since the volcano blew.  One Londoner reported a rash of “volcano-ash-out-of-office messages”.  Regus, which rents office space and meeting rooms, has reported stranded travelers booking space to work remotely or teleconference.  Although the travel crisis has cost airlines more than $1 billion, IHS Global Insights notes that the “impact on business should be limited by the fact that many affected companies can hold international meetings via teleconferencing; and of course, many meetings can be rearranged.”

In a bizarre leap of illogic, conservative talking head Rush Limbaugh linked the volcanic activity to Congress’ recent passage of healthcare reform legislation.  According to Limbaugh, “You know, a couple of days after the healthcare bill had been signed into law, (President Barack) Obama ran around all over the country saying, ‘Hey, you know, I’m looking around.  The earth hadn’t opened up. No Armageddon out there.  The birds are still chirping.’  I think the earth has opened up.  God may have replied.  This volcano in Iceland has grounded more airplanes — airspace has been more affected — than even after 9/11 because of this plume, because of this ash cloud over Northern and Western Europe.  It’s got everybody just in a shutdown.  Earth has opened up.  I don’t know whether it’s a rebirth or Armageddon.”

Will the iPad Make Laptops Obsolete?

Monday, April 12th, 2010

Will iPad put the PC to pasture?  Does the introduction of Apple’s new iPad sound the death knell for laptop computers?  The Wall Street Journal’s Personal Technology columnist Walt Mossberg’s test drive of an iPad has him believing that the new product has “the potential to change portable computing as we know it.”  During the test drive, Mossberg used his laptops only 20 percent of the time, because he found the iPad to be extremely user friendly and significantly lighter in weight.

According to Mossberg, “If people see the iPad mainly as an extra device to carry around, it will likely have limited appeal.  If, however, they see it as a way to replace heavier, bulkier computers much of the time – for Web surfing, email, social-networking, video- and photo-viewing, gaming, music and even some light content creation – it could be a game changer the way Apple’s iPhone has been.”  Weaknesses include the inability to write and edit long documents or view Adobe Flash videos, which the iPad doesn’t support.

Based priced at $499 and topping out at $829, the iPad “is thinner and lighter than any netbook or laptop I’ve seen,” Mossberg says.  “It weighs just 1.5 pounds, and its aluminum and glass body mere a mere half-inch thick.  It boasts a big, bright color 9.7-inch screen that occupies most of the front.  As on all Apple portable devices, the battery is sealed in and non replaceable.  It has a decent speaker, and even a tiny microphone.”

Mossberg concludes:  “All in all, however, the iPad is an advance in making more sophisticated computing possible via a simple touch interface on a slender, light device.  Only time will tell if it’s a real challenger to the laptop and netbook.”

It’s -30- for Editor & Publisher

Monday, January 25th, 2010

After 125 years, venerable Editor & Publisher ceases publication.  The long-time bible of the shrinking newspaper industry, Editor & Publisher, has announced that it will cease publication both in print and online at the end of 2009. Announcement of the end of the venerable publication, whose roots extend back to 1884, was met by surprise and outpourings of strong support.  Ironically for a publication that is 125 years old, word of E&P’s demise hit # 4 as a Twitter trending topic.

Greg Mitchell, E&P’s editor since 2002, highlighted the publication’s staff, dozens of major awards and its strong internet presence.  Some staff writers and editors have been with E&P for 25 years.  According to Mitchell, “I’m shocked that a way was not found for the magazine to continue in some form – and remain hopeful that this may still occur.”

Although Editor & Publisher officially began publication in 1901, its history goes back to its merger with the magazine The Journalist, which was established in 1884.

Editor & Publisher’s demise is just one symptom of the difficulties the publishing industry is facing.   Other casualties include venerable magazines such as Gourmet, Metropolitan Home and Modern BrideFortune is cutting the number of issues it publishes annually, and Business Week was sold for a bargain $9 million. Although 92 percent of American adults read magazines, most are obtained via deeply discounted subscriptions rather than paying full price at the newsstand.  According to the Publishers Information Bureau, magazine ad revenues fell 18 percent in 2009.  A major part of the problem is that although magazines still are relevant, the economic model that sustained them has deteriorated as advertisers have switched to the Internet.

“I think the paradigm is shifting, and magazines have to keep up,” according to Brad Adgate, with the media buying firm Horizon Media.  Many magazines are adapting to the new publishing reality by entering the digital age with Facebook pages, iPhone apps and Twitter feeds.

Texting to Save Haiti

Tuesday, January 19th, 2010

Texting for Haiti a bold new way to donate money to earthquake relief.Text “HAITI” to 90999  on your cell phone and $10 will be donated to the American Red Cross for earthquake relief in the Western Hemisphere’s poorest nation.  That $10 donation will appear on your next cell phone bill – a quick and painless way to speed relief to a country reeling in the face of 7.0-magnitude quake that leveled much of the capital city of Port-au-Prince.

According to National Public Radio, “This is the first time that there has been a massive giving via text message in the United States.  mGive is the company that’s been working with charitable organizations to set up this donation method.  Tony Aiello, the CEO, says “people are used to interacting with local news sites via cell phone and text message.”  So far, the Red Cross has raised more than $4.7 million for Haitian relief, a number that is expected to grow.

Haitian musician Wyclef Jean, who runs the Yele Haiti charity, asked his Twitter followers to text “YELE” to 501501 to automatically donate $5.  So many responded that the website crashed for a time.

Charities are certain to look back on the Haitian earthquake as a game-changing event, the time when cell phones and social media came into their own as fundraising techniques.  The question is whether social media and new technologies generate more donations, or simply redirects contributions that otherwise would have been made online or by mail.

Young Entrepreneur Responds to Recession

Thursday, November 12th, 2009

Young Entrepreneur Responds to RecessionJason Sadler, a 26-year-old former marketing professional from Florida has resolved his unemployment woes  by founding his own companyI Wear Your Shirt.  The entrepreneurial concept is simple.  Sadler wears a T-shirt provided by any company for a day and uses social media tools to promote the firm.  And it’s earning Sadler nearly $85,000 this year.

The cost for Sadler’s service is the face value of the day.  On January 1, he charges just $1; that rises to $365 by December 31.  All 2009 dates are taken, and Sadler’s 2010 calendar is rapidly filling up with companies who want to take advantage of his promotional expertise.

If Sadler sells out every day – as he did in 2009 – iwearyourshirt earns $66,795 a year.  He also sells monthly sponsorships for $1,500, which adds an additional $18,000.  “I walk around, take photos, wear the shirt all day…I blog about those photos.  I put ‘em up on Twitter, I change my Facebook profile…and then I do a Youtube video,” Sadler said.

Sadler’s success is such that he plans to grow his business.  He wants to hire someone on the West Coast to expand iwearyourshirt.com’s exposure.  Once he is able to offer coverage on both coasts, Sadler is doubling his rates.