Categories
Links

Yahoo Finance is testing a cool new RSS stock feed

Dave Winer was the first to report that Yahoo Finance is beta testing an RSS feed for ticker symbols. To get the latest news on a company, just replace the YHOO at the end of the following url with a ticker symbol.
http://rss.finance.yahoo.com/rss/get?ticker=YHOO
I subscribed to a couple of these URL’s inside of NetNewswire Lite and the result is great.

Categories
Research

Hoovers averts a subscription disaster

Hoover’s Guide nearly wrecked its subscription business, moving from selling individual subs to the in-depth profiles for $195, to requiring a five-seat license for $1995, to selling individual subs at twice the price and with fewer tools for $395. Thanks to ContentBiz for the case study.
Hoover’s came close to letting their lack of software for user authentication keep them from serving their core customers (individual users) in the way they wanted to be served at a price they could afford. Only by recognizing the resistance of their prospects to the new plan and by adapting their plan were they able to save their subscription business from disaster and get away with doubling their price.

Categories
Research

Are there really 23 million wireless data subscribers?

The Yankee Group says that there will be 23 million wireless data subscribers by the end of 2003, growing at a compound annual growth rate of 83% to a 2006 total of 129 million. Wireless data revenue will grow from $70 million this year to $5.8 billion in that period.
I don’t know what is meant by “subscribers” in this number, but the revenue per subscriber will be $.25/sub/mo in 2002 and $3.75/sub/mo in 2006. This is a far cry from what SrintPCS and AT&T Mobile are charging for these services right now.
Clearly, a lot of this usage is incidental. I’m sure it includes the $.78 that I spent on SprintPCS Wireless Web access last month in a fit of bored curiousity.
Meanwhile, TMobile is set to release the staggeringly cool Danger Labs’ Hiptop (as the TMobile Sidekick) October 1, for $200 after rebate, and $40 per month for 200 anytime minutes and unlimited web and email. The outstanding design of this gadget and its elegant pricing plan makes this the first mobile Internet service that has a prayer in the market.
I wouldn’t rush to release a wireless-specific application right now, but I would be working hard to make sure my content management system and site design used XML and CSS so that I could deliver one on quick notice once it made sense.

Categories
Analysis

Are VC's killing innovation?

I’m blogging from the Open Source Content Management conference in Berkeley today. It’s clear that smart people are working hard to create the next generation of content management platforms–and publishers from bloggers to AOL/TW are going to benefit.
The speaker from Zope (an American based in Europe) raised the question: “Why is all the open source content management development based in Europe?”
A lot of people suggested it had to do with a more open-source-friendly environment or fear and loathing of Microsoft.
My own suggestion: There’s not a lot of venture capital to take these projects private. In the nineties, a lot of Europeans saw this as a detriment to the development of an IT or Internet industry. Now, the ability of VC’s to remove assets from the commons forever (even if the companies created ultimately fail) looks like a mixed blessing at best. Is our current intellectual property regime really the best way to foster innovation?

Categories
Research

KPMG: Fear of pirates leads big media to stiff consumers

Management consultants KPMG finds that big media companies are spending too much time defending themselves from piracy to make money from digital content. This report is based on interviews with 50 of the biggest.
While two-thirds were optimistic about the prospects for digital media, fifty-seven percent do not even have a process for transforming online intellectual property.
Most of these companies are trying to sell their content in expensive, crippled, proprietary formats that consumers are simply not interested in.
This is costing these companies eight or nine billion dollars per year.
[Warning: KPMG’s site doesn’t work with Mozilla because of the (invisible) proprietary interface junk they’ve added to it. Something to think about when you’re considering hiring a systems integrator.]

Categories
News

No news here

AOL/TW and Disney are considering merging their news operations. AOL/TW has been looking for a broadcast outlet for CNN for some time, and Disney is looking to save a buck or two.
This will no doubt engender some hand-wringing among people who are concerned about media consolidation, but the real problem is that there is so little initiative and diversity of coverage among the existing players that TV news is already dead for all intents and purposes.

Categories
Research

You can't be too fast or too rich

Jupiter reports that broadband users have higher incomes than dial-up users. It’s important to remember that the differences are small, and because the group considering broadband has a lower income that those who already have it, the income difference will get smaller over time.

Categories
Analysis

The library of the future

The Web has become the universal library that a lot of futurists have dreamed of, but one that is completely different from what they foresaw:

  • Information can be added to the library without anyone’s permission.
  • Its indexing system is networked, not hierarchical.
  • A lot of the information is wrong, unsourced, out of date, incomplete, or misleading presented.
  • The fundamental unit of organization is the page, not the book.
  • The information is largely untagged for keywords, topics covered, taxonomy, bibliogrphy, ownership, or creation date.

This goes against the grain and the conventional wisdom of information theorists, librarians, academics, policy-makers, academics, futurists, censors, law enforcement officers, intellectual propery owners, technologists, anal retentives and other stake holders and authorities. It’s…anarchy.
This takes some getting used to. Efforts to create a semantic Web, sell content, impose digital rights management, control linking, limit access, and standardize markup each may be marginalized by the populism of dirt-simple HTML, crawled by spiders, and created by amateurs for their own entertainment and that of their current and future friends: A billion users, all typing (and linking) as fast as they can think.
The universal library is here today and it can answer most real questions faster than the fastest proprietary database or reference librarian or science fiction computer.
A lot of official sources obsess about the (staggering) amount of misinformation on the Web. I knew the tide was turning when the other day a journalist friend told me something he’d heard and then said to me, “I’m not sure if that’s true, I should verify it on the Internet.”
What makes this mountain of dross so astonishingly valuable is the links, the information in the spaces between the information. We all benefit from this network of links. Every site that points to you, every site that points to a site that points to you, increases the value of your information to you and to the Net as a whole. Everyone wins.
Anything that diminishes the value of these links (subscription-based sites, deep-linking policies, moving free information to paid databases after a couple of weeks, or simply allowing links to die with your old content management system) diminishes the value of the Web beyond the simple loss of the information removed from circulation.

Categories
Analysis

A conversation about big-box media

There’s a must-read conversation about media synergy between Anne Kreamer and Kurt Andersen at Fast Company. Andersen, who will always be known as the founding editor of Spy, is probably the most insightful observer of the media business. Some highlights:

AK: At a dinner with a few senior AOL Time Warner executives this past summer, just before Bob Pittman left, I asked good-naturedly, What was the mission of the company? The best answer was, “Well, we have to be more aggressive about our marketing and ad-sales packages.”
KA: What’s incredible to me is that most moguls still believe in size as the ultimate imperative. … When I had dinner with Rupert Murdoch at the TED conference earlier this year, I was flabbergasted when he sincerely fretted that News Corp. wasn’t big enough to compete effectively.

The conversation concludes with a comparison of media ecology to urban planning: a media culture should be like a vibrant downtown, with unique, unplanned, unstructured choices within easy walking distance. As much as I love Jane Jacobs, A Pattern Language, and The Geography of Nowhere, I never made this analogy, which is dead-on and extremely useful.

Categories
Research

Half the Net reads news online

Jupiter is reporting that email is the most popular application of the Net (93% of users), followed by search engines (79%), product information (63%), local information (60%), contests (59%),and news (54%). Newspapers were used by 46%.
It’s encouraging that local news and information rate so highly among Internet users. The broad variety of uses to which people put the Net still amazes me.