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04
Jul

What’s Right and Wrong with Media Now

fail-owned-book-my-horse-failLike most things on the Internet, there’s a good side and a dark side to where the media business is headed.

The good side is very good: thousands of layers of mostly needless middlemen and processes are being eliminated as journalists get a direct channel to their readers. And, because it’s a two way medium, readers get that channel right back. And in the cases where the subject of an article has been wronged, the Web gives them powerful megaphones to fight back. In short, the more everyone has a voice, the more reporters are challenged to make sure they are right, because they will be called out.

Look at what happened with the plagiarism scandal around Chris Anderson’s new book. Anderson says it was a mistake around a change in how they were going to use citations, and I take him at his word. But it’s safe to say any author who’d considered borrowing heavily from Wikipedia won’t now. We like to think that we act virtuously because of personal or professional pride, but nothing enforces those ethics like the real possibility of getting caught and hugely embarrassed.

But the bad side is also very bad. The elimination of those layers – typically fact checkers, editors, lawyers and just time to make sure a work is fully baked—also allows mistakes, lazy reporting, a dependence on rumors, and hot-headed, unfair treatment to subjects. Worse: The metrics around the Web make it crystal clear which kinds of stories drive the most traffic. That leads to salacious reporting for the sake of clicks and comments.

It’s easy to point the finger at blogs, especially by certain members of old media losing money quarter-after-quarter. (Cough, cough.) But this is not just a technology change as most corners of media are fighting for survival, it’s become a cultural change. And this week, I’ve been struck by two non-blog examples that reflect the tension.

Right about now most people reading this probably have guessed the example of salacious reporting and unfair treatment I’m driving at is Ben Mezrich’s new book on Facebook. I’ll say upfront I haven’t read it. Galleys have been very closely guarded. Once I do read it, if everything everyone who has read it has told me is wrong, I’ll apologize for what I’m about to say. But, on a professional level, I find the ethics behind this project disgusting.

It’s essentially a book based on talking to one source who had a falling out with the company just as it was moving to California and becoming more than a dorm room project. That’s like someone writing a book about you based solely on what your old college ex-girlfriend or ex-boyfriend said.

Mezrich has been clear to say he’s never met or talked to Mark Zuckerberg in the intro and in interviews, but that doesn’t stop him from drawing potentially damaging conclusions about his character and selling it as a non-fiction book that’s getting made into a movie that people will take as fact.

In contrast, I spent years and hundreds of hours interviewing and following the subjects of my last book, which as most people know, included Zuckerberg amid other Web 2.0 figures. And I’m about one-third of the way through research for my next book, which includes spending 40 weeks in other countries following entrepreneurs. It’d be a lot easier to write a narrative without that whole burden of actual reporting. If I could sit in Silicon Valley and make up what I think entrepreneurs in Africa are like, that’d sure help out on my bank account, my health and my neglected personal relationships.

To be clear, I have no doubt Mezrich’s book will sell better than mine and make a juicier movie. But I wouldn’t swap the karma points. I don’t know how you call yourself a non-fiction writer and publish a book about a living person that’s based on you “imagining” what they are like. And let me tell you, having first interviewed him when he was 19 and spent countless hours with him since, the idea that Zuckerberg is some kind of sexed-up lethario is laughable fiction.

Why didn’t Mezrich write a novel or a different non-fiction book that he actually knew something about? It just seems like a cheap way to get a film deal and sales since the “imagined” subject is also leading the hottest private tech company in the world right now. (Indeed, the film rights were reportedly sold before the book was written.)

Even Mezrich’s publicist admits as much, according to a New York Times Blog post where he said, “The book isn’t reportage. It’s big juicy fun.” I’m guessing it’s not fun for the people trying to build a company who Mezrich essentially calls womanizers, drug addicts and backstabbers. Probably not fun for their families, employees and investors either. If this is where media is going on a book level, magazine level or blog level—I want out.

Contrast that to what’s playing out with another hot non-fiction book that was also optioned for a film: Moneyball. Some people accuse Michael Lewis of taking some liberties with facts here or there, but I’ve never met one of his subjects who felt he was treated unfairly, including the subject of Moneyball, Billy Beane. Like his style or not, Lewis did his job: He invested countless hours reporting and wrote a book that told a dramatic story that also happened to be true.

Recently, that book was also being made into a movie, to star Brad Pitt and be directed by Steven Soderbergh. The plug unexpectedly got pulled. It seemed Soderbergh reworked the script to be less a feature film version of things and more a real-life reenactment with some of the actual people playing themselves. Quippy anecdotes and funny lines were cut because they weren’t actually said in real life.

I’ve not been a huge fan of some of Soderbergh’s more experimental work, and I don’t know if his treatment would have made a better movie. But imagine: The people who are allowed to take the most liberties with a “true story”—the filmmakers—hewing more to the truth than an author who ostensibly gets paid to write the truth.

The media world is upside down these days, and I hope when all the volatility is done we wind up on the Soderbergh side of things.

Crunch Network: CrunchGear drool over the sexiest new gadgets and hardware.


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04
Jul

Dotcom Crash-era Startup Reanimates By Trending On Twitter

It’s not often that Internet companies last 10 years, but Moonfruit in the UK has proved pretty resilient. It survived the dotcom boom the first time round, launching with VC-backing, growing to 65 staff and cutting back to two staff in the space of a couple of years. It’s a wonder why they didn’t exit in the most recent boom, but here they are still, plugging away. And their resilience is proving to be an asset as their 10-years old web site building business comes back into fashion, even as more recent competitors like Weebly, Yola, MyDragnDrop and Webnode, and many others, try to capture the market for people who want to build simple web sites.

So what’s the best way to re-invigorate an internet brand after 10 long years? Get trending on Twitter, that’s how. So Moonfruit has been giving away 10 Macbooks for every year of their operation, beginning this week. The result is that it has become the top trending term on Twitter three days in a row, as all people need to do is add the hashtag #moonfruit to their tweet. An algorithm is randomly choosing a winner. There are five days left. By the second day this week it had reached 2.5% of all twitter traffic.


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04
Jul

Kids Savings: Teach Children to Save

Do your children save a portion of every dollop of pocket money they receive? Or are they more likely to blow it on lollies and cheap toys? It’s never too early to begin a child’s education in the proper use of money – and their own savings account is a terrific start!

Opening childrens account or kids savings account is probably the easiest way for you to teach your kids how to save for the future. So here are the top 4 tips you can follow to effectively teach your children how to save money.

Let Them Open Their Own Kids Savings Account

Most parents open childrens savings account for their kids. Often the account opening amount is a present from a parent. Although this is a good step to teach children how to save, your kids might not understand the value of their kids savings account. They may miss the point, that their money will grow when placed in a children’s saving account.

What you should do is to talk to your children and discuss about the benefits of a kids account. Then you should accompany them to the bank and let them open their own children savings accounts.

This important financial step can have a big impact on your kids. With patience, any youngster can learn the benefits of regularly feeding their savings account.

Give a Matching Bonus for Your Kids

Once your kids have their own childrens account, you must encourage them to regularly deposit whatever savings they have. One way of enticing a child to regularly fund their kids savings account is to give a match bonus for any amount deposited in the bank.

For example, you can give a 100-percent matching deposit to your childrens savings accounts for every dollar saved. This contribution will greatly encourage your children to regularly deposit money in their childrens savings accounts.

Teach Your Children to Set Goals and Priorities

If your children want to buy something, you should teach them how to prepare for the purchase. Further stimulate their saving by mapping it on a chart, and placing the chart where they can see their savings growing.

Teach them to set goals so they can focus on their upcoming purchase. Help your children with their savings plan by showing them how to focus on a particular goal. This way, they will be more conscious on their spending habits and they could monitor the growth of funds in their childrens savings accounts.

Lead by Example

It is best if you can show to your children that you are saving too. Take them with you when you visit your local financial institution, and demonstrate your own investing.

A child will be encouraged to fund his or her kids savings account if parents show that they too are saving money in the bank. So better lead by example so that your kids will make it a habit to regularly deposit money in their childrens savings accounts.

Richard Greenwood, author of this article believes eductating children on the value of money through saving money in kids
high interest savings account
products will help children make better decisions in the future on other financial decisions such as debt and sensible use of
credit cards
in adulthood.

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04
Jul

MicroWorld Technologies – Small Company, Giant Leap!!!

“Startups often create innovative products but do not have
financial muscle, so MicroWorld turned to a partner that was
mammoth in size.”

MicroWorld maybe small, but its ambitions are big. MicroWorld
strives to offer cutting edge software security solutions to its
customers worldwide. But to even get a nibble in the crowded
security space, MicroWorld needed to prove that it possessed the
technology required to address customer pains—a tough task for
the company.

“We do not have huge resources for brand building as compared to
established giants,” says the company’s founder and CEO, Govind
Rammurthy. MicroWorld’s answer to being small was partnership
with one of the world’s largest mail server providers, Deerfield
Communications. Deerfield’s MDaemon mail server is used widely
across the world.

MailScan, MicroWorld’s mail server content security and
anti-virus software, was a perfect fit for MDaemon. Partnering
with Deerfield turned the fortunes of MicroWorld. The company
tapped into Deerfield’s channel partners and began establishing
tie-ups with various resellers, vendors and technology providers.

MicroWorld’s entry into the U.K. market followed a similar
pattern. It struck a deal with Paul Smith Computer Services, a
leading software company in the U.K. that had many channel
partners.

Today, the company has a large network of established partners
in various countries- USA, Canada, Mexico, Brazil, Argentina,
Chile, U.K, Norway, Sweden, France, Italy, Germany, Turkey,
Netherlands, Belgium, Singapore, Hong Kong, Vietnam, and
Indonesia.

All incoming and outgoing mail passes through the WinSock Layer
at the server and client level. MicroWorld’s WinSock Layer (MWL)
sits on WinSock Layer. All content passing through WinSock must
pass through MWL, where it’s checked for any security-violating
data. If such data is discovered, it is removed and the clean
data is passed on to the application.

Simply having an innovative product doesn’t advance one in the
race, especially when it comes to selling security products. The
challenge was to offer 24/7 service.

“All established players earn a lot from customers and partners
through various levels of paid support,” says Sunil Kripalani,
VP of International Sales. “We are the only company offering
free 24/7 technical supports not only to partners and customers
but also to important prospects. This has helped us make real
breakthroughs.”

MicroWorld has also explored the advantage of offering
customized deals, which have enabled them to enter important
segments and signup with some of the best names like Vodaphone,
Australia and UK, Ford U.S, and WHO.

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04
Jul

Events in Palin's political career – The Associated Press


Times Online
Events in Palin's political career
The Associated Press
_ 1992-1996 — Sarah Palin enters public life in Alaska, serving two terms on the Wasilla City Council. _ 1996-2002 — Palin is elected Wasilla mayor, serves two terms until term limits force her from office. _ 2002 — Palin loses her first statewide
With Palin Leaving Office, the Spotlight on Alaska Is Likely to Go New York Times
Alaska governor to resignShreveport Times
Alaska Gov. Sarah Palin quits; plans to resign July 26, keeps mum New York Daily News
Akron Beacon Journal -MiamiHerald.com -York Daily Record
all 2,097 news articles »
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    U.S. : Business

  • Stock Quotes

    DJIA8280.74  chart-223.32
    NASDAQ1796.52  chart-49.20
    S&P 500896.42  chart-26.91
    ^NYSE0.00  chart+0.00
    2009-07-02 16:22