Snippets From A Fast-Changing WorldAn independent observer looks at things differently to someone who is right in the middle.
The adviser to the Prince faces dilemma of balancing benefits of ability to alter events against the possibility of exclusion
former USA Secretary of State
A Man Who Carries a Cat by the Tail Learns Something He Can Learn in No Other Way.
A fantastic model of collaboration: thinking partners who aren't echo chambers.
Entrepreneur, CEO, writer and keynote speaker
They planned to fail early and inexpensively in the search for the market for a disruptive technology
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail
Man sees what he wants to see and disregards the rest.
Random forests, naïve Bayesian estimators, RESTful services, gossip protocols, eventual consistency, data sharding, anti-entropy, Byzantine quorum, erasure coding, vector clocks … walk into certain Amazon meetings, and you may momentarily think you’ve stumbled into a computer science lecture...more
By Megan Garber
Some of the most exciting work taking place in The New York Times building is being done on the 28th floor, in the paper’s Research and Development Lab. The group serves essentially as a skunkworks project for a news institution that stands to benefit, financially and otherwise, from creative thinking; as Michael Zimbalist, the Times’ vice president of R&D, puts it, the team is “investigating the ideas at the edges of today and thinking about how they’re going to impact business decisions tomorrow.” (For more on the group’s doings, check out the series of videos that we shot there a couple of years ago.)...more
by MARK SUSTER on MARCH 30, 2011
The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do.
In the initial phases of any new market you’re developing a product (hopefully with a minimal set of features), getting feedback from customers, refining your product based on user feedback and then re-launching your product. Rinse & repeat. Nobody really knows whether or not the idea is yet going to be big, so I believe in not over capitalizing too early. This benefits you, the entrepreneur. It’s the whole basis of my investment philosophy, which I call “The Entrepreneur Thesis.”...more
Can a single app please both casual news readers and news junkies?
That’s the question I found myself asking upon rereading that report from a couple weeks ago on iPad users’ reactions to The Daily.
The report was put together by knowDigital, a division of market-research firm Coleman Insights, which asked more than 40 iPad owners to download The Daily and use it for two weeks. Sam Milkman, the head of knowDigital, interviewed participants afterward, and he found that even in a group that small, the needs of users were split...more
Apr 7, 2011
So, it looks like an intriguing deal.
Ford Motors’ Lincoln is subsidizing 100,000 new NYT digital subscriptions. Well, it is an intriguing deal, but it’s more nuanced than it seems, and in that nuance, we see some of the next models for how the digital circulation business and the digital ad business will newly intertwine, and open up new revenue streams and new marketing opportunities.
It’s just one deal, but it points to the fact that the new business model in creation will be based more on digital advertising than digital circulation. Making that new interplay work is as important as setting prices and deciding how to restrict content accces for anyone putting up a pay wall, pay fence or pay obstacle of any kind...more
By Ken Doctor
Here’s how newspapers sell what they do to would-be readers.
You can get the whole paper, now sometimes including digital access. We’ll sell you Sunday only, or the weekend, or 7-day, but you have to take our whole paper. That’s what we sell; that’s our one-size-fits-all product. It fit your grandparents and your parents, so why shouldn’t it fit you?
If newspapers were in the restaurant business, they’d be out of business quite quickly. That’s not much of a menu. There’s practically no à la carte, other than single copy, which is again the whole thing, but just once. It’s prix fixe, with early-bird specials for introductory signups...more
by Damon KiesowPublished Apr. 11, 2011 Updated Apr. 12, 2011
Microsoft’s new Bing iPad app, released Thursday, does more than search — it begins to remake the newspaper experience in digital form.
The app is not being marketed as a news platform, but journalists should consider it one because it offers a great local information utility for the iPad age...more
Joe Mullin @joemullin Apr 8, 2011
The Limewire file-sharing service was shut down last year, and the only thing left now is to figure out how much money the now-illegal service owes the record labels that first sued it back in 2006. The judge overseeing the case made two key rulings this week that strongly favor the record labels. The orders are responding to a flurry of motions filed by both sides, as Limewire and the RIAA each try to get the early edge in a trial over damages scheduled to begin May 2. The most recent order will allow the RIAA to “double-dip” and get paid twice for more than one hundred songs....more
By Ken Doctor
Don’t call them pageviews— call them pages read.
Don’t call them unique visitors — call them readers.
Welcome to The Washington Post’s new foray into understanding — and acting on — how readers actually consume digital news.
I wouldn’t quite call it a revolution. But it’s a firing shot in an effort to bring a modicum of science to the art form we editors like to believe we exercise so gracefully. It’s The Washington Post’s reader dashboard 1.0.
“Journalists like to believe that readers read every story they write,” says Raju Narisetti, one of two managing editors at the Post and head of washingtonpost.com news operations. “We’re disturbing that illusion. We’re also saying that focusing on the numbers doesn’t equal pandering.”...more