Showing posts with label technology. Show all posts
Showing posts with label technology. Show all posts

Sunday, February 10, 2008

Yahoo Board Rejects Microsoft's Offer

SAN FRANCISCO (AP) - Yahoo Inc.'s board plans to reject Microsoft Corp.'s bid to buy the Internet pioneer, The Wall Street Jornal reported on its Web site Saturday.

Board members concluded the unsolicited $44.6 billion offer massively undervalues the Web pioneer, a person familiar with the situation told the newspaper.

Would be interesting to see what a more accurate valuation would look like, and whether Google would still remain in race.


[source: Breitbart ]

Monday, January 14, 2008

Special interview Rick Falkvinge, the founder and the leader of Swedish Pirate Party

Interesting Interview from P2PConsortium which elucidates the opposite point of view we don't hear as much as the "cry thief" approach of MPA, RIAA and the rest :
In this special interview Rick Falkvinge, the founder and the leader of Swedish Pirate Party, gives his own views on the wildly heated political filesharing debate in Sweden, evaluates the political and technological prospects of P2P and talks about the dangers of citizen surveillance and Big Brother society.

Filesharing debate

Q: In last couple of months the copyright debate in Sweden seems to have got hotter than ever before, and especially the emergence of the reformist group within Moderate Party makes the situation look like the beginning of a 'final battle' before the legalization of filesharing. How do you read the situation? Is it possible that Reinfeldt government could actually end up assuming the reformist position and decriminalizing filesharing, or is it too otimistic to expect this to happen before your 2010 elections?

Rick Falkvinge: Gandhi once said something that has become a famous quote:

"First they ignore you, then they laugh at you, then they fight you, then you win."

I interpret the current situation as a definite shift to phase three. That mainstream existing MPs for the largest party in government pick up and fight for our ideas is a huge legitimizer. Our ideas are not out on the fringe, we were just a little bit ahead of time.

What was remarkable was that this was the point where the enemy - forces that want to lock down culture and knowledge at the cost of total surveillance - realized they were under a serious attack, and mounted every piece of defense they could muster. For the first time, we saw everything they could bring to the battle.

And it was... nothing. Not even a fizzle. All they can say is "thief, we have our rights, we want our rights, nothing must change, we want more money, thief, thief, thief". And shove some poor artists in front of them to deliver the message. Whereas we are talking about scarcity vs. abundance, monopolies, the nature of property, 500-year historical perspectives on culture and knowledge, incentive structures, economic theory, disruptive technologies, etc. The difference in intellectual levels between the sides is astounding.

So now we know what the enemy has, and that they have absolutely nothing in terms of intellectual capital to bring to the battle. They do, however, have their bedside connections with the current establishment. That's the major threat to us at this point.

However, I don't see the established parties picking up understanding at the necessary level just yet. Some parties advocate legalized downloading with uploading still being criminal, which is a clear sign they have not understood the current structural changes to society in the slightest, but just have a hunch that something needs to be done. Of course, that is good in itself, but not enough.

Karl Sigfrid's own party, the Moderates, are technophobically luddite to the brink of the Stone Age as the official party line. Even though MPs in this party were the first to understand the issue thoroughly, I don't see their party line changing before the next election.

What Karl Sigfrid et consortes have accomplished, though, is to make sure that this is going to be a major issue in the 2010 parliamentary elections, possibly even the 2009 European elections. That's exactly what we want. We want as many as possible to reflect over the issue, discuss it, and try to understand what is happening, and realize it's important - more important than petty squabbles over, say, day care benefits. The more that do, the more we win.

And the more we win - both in terms of the idea and support for the Pirate Party - the more pressure on established politicians.

Global IPR revolution

Q: During your US speech tour last summer you came up with the idea of global IPR revolution starting in Sweden, then spreading to other European countries and from there to the whole world. Things seem to be so far on the track for your plan. How do you see the global situation yourself? Which countries and forces do you consider as biggest threats to this positive development you have envisioned? Any encouraging developments outside Sweden that you would like to mention?

Rick Falkvinge: What politicians at all levels have not understood is that the enemy is working internationally. If they get a victory in one country, their forces in every other country points there as a positive example and whine that they don't have the same advantages where they live.

For instance, France recently introduced a bill which would cut off Internet access for file sharers. This is one example of a draconian Orwellian measure that makes IFPI's and MPA's mouths water. The European Commission, frequently courted by the enemy, has not been given the time or opportunity to reflect on the situation as a whole - and so keep pushing for more draconian measures too, with European-wide DRM as the latest profound stupidity.

Sweden was a little bit ahead of its neighbors in terms of high-speed broadband penetration; I had 10/10 Mbit in 1998 and 100/100 today, neither of which is remarkable. When you give technology to the people, they discover what it can be used for. Whether this is the cause of Sweden's being ahead or not can be discussed, but I honestly see Sweden as leading the fight for free file sharing. When I speak to reporters abroad, I always get the question "with your proposal, how will the artists get paid?". I almost never get that at home anymore.

So in my experience, positive developments originate in Sweden and radiate outward, mostly underground at first. There is some significant intellecta in Silicon Valley about the situation, but they are not able to pressure politicians under the US' political system like we are.

I'll also quite selfishly take the opportunity to ask people to help us out financially. We have a program where you can donate a small amount every month through PayPal; every penny of steady income helps us spread the ideas, educate more politicians, and dropkick the existing establishment. See our donation page.

Remember, all of us do this in our spare time.

Privacy, integrity and P2P technology

Q: Lately you have started increasingly to pay attention to the issues of privacy and personal integrity. In the filesharing debate it seems that the personal integrity issue alone is a strong enough argument to justify the legalization of filesharing. If we assume that mainstream anonymizing p2p is just a few years away, nothing apart from a totalitarian control state and intrusive surveillance of home computers would make it possible to enforce copyrights in online communications. Do you share this view?

Rick Falkvinge: I do. The people who have been led to believe that file sharing can be stopped with minimal intrusion are basically smoking crack.

Early on in the debate, we dropped the economic arguments altogether and focused entirely on civil liberties and the right to privacy. This has proven to be a winning strategy, with my keynote "Copyright Regime vs. Civil Liberties" being praised as groundbreaking.

The economic arguments are strong, but debatable. There are as many reports as there are interests in copyright, and every report arrives at a new conclusion. If you just shout and throw reports over the volleyball net at the other team, it becomes a matter of credibility of the reports. When you switch to arguing civil liberties, you dropkick that entire discussion.

Anyway, anonymous encrypted P2P is just a few years off (and encrypted BitTorrent is already becoming ubiquitous). More interestingly, our cellphones are increasing in capacity dramatically. When P2P debuted with Napster in 2000, the average hard drive was the same size as my cell phone memory is today. Using technology already available, BlueTooth 2, I can share content from my cellphone anonymously - say, in a café or so. This will probably just accelerate, with cellphones being more and more capable, holding more and more data, and opening up to customized applications. I'm betting that a P2P app operating on Bluetooth is not far off for the iPhone, for example. Imagine the anonymous sharing that will happen in the background just on the average subway train! The possibilities are very, very encouraging.

File sharing will find new ways - any measure to stop it will be ineffective the instant it is in place.

In short, you cannot stop file sharing with any less than undoing digital communications and/or monitoring all of it. The Internet was created as the world's largest copying machine, as the makers of Steal This Film II put it so succinctly. File sharing happens simply because it is possible, as sharing knowledge and culture has always been, although with different media.

What really upsets me, though, is how politicians are humming along with the copyright industry's every demand. The industry lobby is just doing their job, basically: demanding better conditions for their industry, at the expense of other parts of society. It is the politicians which have failed abysmally at understanding the big picture of their demands.

Big Brother society

Q: Apart from filesharing, there seems to be a strong worldwide political pressure to implement various surveillance state infrastructures pushed forward with the antiterrorism arguments. The Swedish parliament seems to be no exception to this. Why do you think the politicians around Europe are accepting this dangerous development so easily, despite the historically recent experiences from East Germany's Stasi etc.? What makes them so blind to the risks of Big Brother state? Is Europe still suffering from terrorism hysteria or is there something else going on here? For example in Sweden, Piratpartiet seems to be the lone political force even worried about the hasty establishment of an Orwellian society. What could be done to counteract this development?

Rick Falkvinge: This is true, and it has me seriously worried. Not only are politicians implementing a big brother state, they are also confusing and joining the government interests with those of large corporations.

Now, remember the lexical definition of fascism: fascism n. a merging of corporate and government interests, typically adjoined with a drastic curtailment of civil liberties.

We know exactly where this road leads, for we have seen many walk it before us. And while each step can seem convincing, we know what the endpoint is.

Each step is usually justified by "efficient law enforcement". This is deceptive - for who would stand against a bill and demand INEFFICIENT law enforcement? In reality, it is a shift of power from citizens and civil liberties to law enforcement. There have been plenty of governments, historical and contemporary, where efficient law enforcement has been a priority: East Germany, Soviet Union, Cuba, North Korea, Pinochet's Chile, etc. The question that needs to be asked is if it's worth having that efficient a law enforcement, or if something else is lost on the way?

When the Iron Curtain fell, all of the West rejoiced that the East would become just as free as the West. It was never supposed to be the other way around.

What we can do is talk to one another about what is happening. The Swedish administration has been purposely deceptive and secretive about all new orwellian measures. There even exists a law proposal for the Police to take over people's home computers, allowing them to monitor nonsuspects using their own web cameras.

In the 1960's, there were dystopic movies about a big brother future where the government had installed cameras in every home. Now we're almost there. The only difference is that we bought the cameras ourselves.

A mass surveillance proposal for wiretapping every communication crossing the country's border was introduced in 2005, then retracted because - get this - it had received too much attention. It was reintroduced by the new administration and is pending a new vote this summer.

In summary, secrecy, fear and deception is the administration's friend in introducing the Big Brother state. What we can do about it is counteract that - which is as simple, and hard, as talking about it. Being vigilant about finding out new bills, new proposals, and talking about them with our friends, our colleagues, and in forums. Break the secrecy and tear down the veil. After all, politicians desire to get re-elected.

And nothing works better to get their attention than threatening that power base, as I discovered when I founded the Pirate Party.


[props to : P2PConsortium ]


Thursday, May 17, 2007

NY Stock Exchange Moves to Unix / Linux

Just caught this on Slashdot - NYSE is undergoing system migration to Unix and Linux.

I would suppose this marks a major leap in the use of open source software, and the decision by NYSE definitely has not been a simple one to make. Given the complexity and importance of the Stock Exchange systems, the risk/benefits analysis must have been

But it would seem that the major reduction in cost of operations was the main driver of the switch. Francis Feldman, the vice president of the shared data center for Securities Industry Automation Corp. (SIAC), the NYSE's technology arm, estimates the move will halve the cost of transactions, and though he wouldn't detail how much that would mean on a yearly basis, he said it is "serious financial savings, very serious."

It also underscores the industry acceptance of open source software and elevates its to becoming on par with commerical software in terms of the critical factors of realiability, robustness and security amongst others.

[Read : Full Article]

Tuesday, November 28, 2006

French Parliment says "Oui" to Open Source

The French Parliment just announced it decision to drop Windows in favor of the Linux Open Source system. According to this CNET report, PCs in the French deputes' offices will move over to running the Open Source Productivity Software on the Linux OS as this move will bring about increased savings and customisability.

This trend towards open source is not new and a number of other government organisations (eg: Indian State Schools, the French Gendarmerie) and even countries themselves (like Brazil, South Korea) have jumped onto the Open Source bandwagon.

Read the full story here.

[via: Digg]

Saturday, November 18, 2006

Interactive Holographic Display!


EON Technology seems to have prefected a new-fangled holographic display which can users can interact with. With this new techonology, 3D images can be called up in the air which can then be controlled by the user's hands.

It's not a totally new thing (augmented reality has been used in the military for some time now) but once it hits the end market, there are endless possibilities in areas from medical to education to entertainment.

Check out a teaser :


[ via : ocRegister - Article + Video]

Thursday, November 16, 2006

Microsoft releases MS Firefox 2007 Professional Edition!



In an unexpected twist in the broswer wars, Microsoft has adopted the adage of "If you can't beat them, take their source code and release your own version! Behold - Microsoft Firefox 2007 Professional Edition - NOT!

Pretty cool fake website with good design, fooled me the first time I hit it :P

Goes to show you can't believe everything you see online anymore these days ...


"Official" Website : http://www.msfirefox.com/
[via : Digg ]

Monday, October 09, 2006

Autopsy of how the youTube news Spread

By now, its pretty old news to any one who reads the news or keeps a lookout about all things tech-related to be aware of Google's US$1.6 Billion offer for youTube.

But that's not what I'm interested in looking at today, but how the ability to provide credible and timely information has shifted dramatically from the traditional media to what I would call (for lack of a better term) the new media, which generally encompasses a wide range of online technologies and platforms such as blogs, forums, news aggregators and RSS feeds.

This I think is the rough chronological order (timings are guesstimate at best) by which the word about this possible buyout spread:

  1. On the night of 6th Oct, Michael Arrington posted on TechCrunch (one of the most read blogs regarding Silicon Valley startups) about an unsubstantiated rumor that Google was offering $1.6 Bn for youTube. At this point, 113 thousand subscribers of the TechCrunch RSS Feed could have instantly had a copy of this news zapped to them when they opened their RSS readers.

  2. Quickly after the first post on Techcrunch, bloggers worldwide (including yours truely) scrambled to add their commentaries on the situation. New trackbacks appeared almost every 10-20 minutes. I would guess that since the news contains only 2 big names and a big dollar figure, it wasn't distorted too much. But interestingly, according to the trackbacks, it got translated into many other languages like German, Korean and Italian.

  3. Possibly still on the same night of the 6th or early on 7th Oct, word spread quickly through the blogosphere, further aided by the fact that it was got posted up on Digg, quickly attracting the attention of Digg users who then pushed it up in rank, commented on it and essentially spread the word. Easily a few more thousand online users (including Digg's RSS Feed Readers) got wind of the news.

  4. Another round of blogging on the subject by online denizens worlds. Blogosphere literally explodes with the news. According to Technorati, it seems like around 1000 more blogs posted with the keyword youTube.

  5. Finally, some time later, it was noted that Wall Street Journal reported on this news citing information from "a person familiar with the matter". Unfortunately, I couldn't get a good fix on when this happened. I couldn't get my hands on the article itself as it was subscribers only area so unless you could get your hands on a copy of the paper or subscribed to the online version, you wouldn't have heard zip from it.

  6. Hitwise jumps in the fun to provide some stats between youTube VS Google Video.

  7. Very much later, if you are from Singapore like me, you catch some word of it quoted in the Strait Times 3 days after Time-0, in a easily missed column snuggled inside the Financial Pages.

If you ask me, what just happened displayed a great shift in the way media production and consumption works today. Newspapers and other print media are now considered slow in comparison to what online alternatives can offer. the 4 channels of blogs, forums, news aggregators and RSS Feeds work in synergy and semi-automation explode news which are deemed (1) of general interest and (2) of some standard of credibility.

What happened here is a study of influence. To be able to generate and spread news that in a tsunami fashion in a matter of mere hours is something unfathomable before and frankly, a very serious threat that traditional media should be (and I think they are) aware of. Production of conventional media alone may take hours already, not to mention the collation, editing, verification and (after production), distribution of the media.

On the flipside, it is important to know that credibilty of traditional media is still something of a forte for them though the online generation is fast learning to accept lower levels of validation in exchange of a much more rapid speed of news transmission. Also, unlike print media, online information can be correctly much more rapidly also, making for more tolerance for errors, given that they are rectified promptly.

I don't profess to be an authority on how the new media may develop but from what I just saw from the youTube case, these are going to be interesting times indeed.


(PS: Phew, that was much longer than originally expected. Will try something shorter next time round)

Saturday, October 07, 2006

Upgraded to Beta Blogger

Wooboy, just upgraded to Blogger Beta and I must say that its pretty much better now.

For one, as my posts increased past the 50-post level, I was actually considering of switching to some other blogging engine which had labelling options. The drawback of that however, would be that my old content would either be stuck back here or I would most probably have had to manually shift them over.

Good thing Blogger now has labelling and a better way to go through old posts.

Also, template changes are way easier now and no longer require digging into the template code just to update links and stuff. Neato for a non-coder like me.

Way to go, Google!

Friday, July 21, 2006

So this is how YouTube Plans to Make Money?


And so, it seems like this latest YouTube development is going to answer the million dollar question of how its going to substain itself financially. Having gone through several rounds of VC funding and with a high monthly burn rate for their bandwidth, tech pundits waited on the edge of their seats to see what this major media player would do to turn in some revenue.

And the answer to all this – to make users agree to give it the rights to all the uploaded media from its million of users. Its no secret that they have a wide range of users ranging from teenagers posting up home videos which they then link elsewhere to indie artistes who upload their original music in hopes of gaining greater recognition and a shot at the big time.
This would mean, in terms of music alone, YouTube could transform itself into becoming the home to the largest and most diverse pool of artists. The possibilities for other types of media monetization are equally mind-boggling.

And while this move have strung up a line of controversial commentaries, I would feel that YouTube has successfully gained enough traction from its user base while maintaining a reputation as a site which respects copyright holders. These two factor may just be the edge that it need to pull this one off.

[via : Boing Boing ]

Saturday, July 08, 2006

Friendster gets patent for social networking


Seems like Friendster just got awarded a patent for their online social networking model.

Typically I for one am not a big fan of patents as they have the power (if abused) to put an artificial damper on innovation and creativity, especially in the fast moving online industry. But what's interesting in this case is that this came out after many other site have started to build their business model around what is essentially the same concept that Friendster came up with. Perhaps this patent is their retort to all those who have stolen market share from the pioneer, who has since lagged behind the new fast followers.

However, it seems like the strength of the patent is in dispute also as some have claimed that there are examples of prior act. Also, patents typically do not signify a clear cut legal edge over competitors, instead, it just acts as a entry ticket to the legal system of patent disputes whose results may or may not go in favour of the patent holder.

In any case, it would be pretty interesting indeed to see what legal salvos this patent is going to offer Friendster.

[via : TechCrunch ]

Thursday, July 06, 2006

Can websites Survive on Online Ad Revenues?


Ever since Google released Adsense, it changed the face of how people look at web advertising. Now, practically anyone and everyone could become either an advertiser or ad publisher. As more are taking to the web to spin out their own online ventures and trying to be the next big IT startup, one question I keep having is "what exactly is your revenue model?".

A lot of startups I see (especially local ones) basically follow this trend : "We offer the best (in our opinion) service or feature which everyone would use. We expect our user base to explode into the millions soon, then advertising revenue will start to flow in. Meanwhile its Google Adsense for us."

I would think that score A+ for optimism and pretty much a C- (a tad generous already) for feasibility. My rationale being that advertisers are a picky bunch and if you want to compete in this market, you can either choose to look at yourself in a broad sense as an "ad publisher" or more narrowly as an "online ad publisher".

If you want to opt for a broad definition, how do you compete with traditional advertising in all its forms? This would include print-ads, posters-ads, radio-ads and television ads just to name a few. Would you be more cost-effective or boast a high conversion ratios? Do you know the pricing model for each and can you target the right audience your advertisers are looking for ( meaning : do you know if the eyeballs on your site are glued to the head of a 16 year old youth or a 25 year old yuppie professional? )

How about just looking at a narrower scope as an "online ad publisher" ? Sounds like something more in your league? Hey,wait a minute, wouldn't that make your strongest and most direct competitor, the exact folks who were your first income source - Google Ads? Otherwise, is there any way you can build yourself into a strong value contender for online advertisers to consider?

I seems to paint a pretty bleak picture, don't I? But that's the way I see it and you can debate with me on it. I would not go so far to say that this is a sure-fail model but those who have succeeded with such a revenue model typically provide high value offerings for a certain demographic (who are also conveniently the biggest online spenders) that advertisers have great interest in.

But in most general case, I haven't found the ad revenue approach a really convincing model for startups to substain and grow themselves in the long term, but hey, some of you may just prove me wrong.

(PS: Logos show the big boys of online advertising. )

Tuesday, May 02, 2006

Are we heading for another Tech Boom (and Bust)?



Given the large amounts of money that VCs have begun to pour into the so-called Web 2.0 Startups, the question of whether we are heading for another tech bubble burst is once again on the lips of many tech analysts.

Personally, I feel that we aren't exactly back in the days of indiscriminate funding of every company whose name ends with ".com" and that tech founders aren't exactly stocking up on those Herman Miller chairs before they see their first cent in revenue. However, it still seems to me that many a startup has not found a solid revenue model and are still in the "burn zone".

Eric Chabrow seems to think that we aren't going to face another tech burst from the reasons he lists in his article - 5 Reasons We're Not in a Tech Boom. However, it does feel that the reasons listed seem based more on the financial aspects of IT businesses.

Seems like only time can tell if there will a deja vu in store.

Sunday, April 30, 2006

Bandwidth Burnout for Online Video?


Finally found an article on that YouTube may be burning its newfound VC Capital to the tune of $1 million a month, potentially putting them out of business in just under a year. That is, unless they find solid sources of revenue and quick.

The fact of the matter is that regardless of how you look at it, videos just mean much more bandwidth. Add the fact that most Video Hosting sites let you embed videos on your site ( effectively increasing their bandwidth, while reducing the hits to their site) and it does seem to sum up a pretty worrying situation indeed.

One way out of this may be a P2P model to ease the traffic but its going to be tricky to ensure the quality and availability of the millions of videos that users may want to watch.

Till than, it seems like the ISPs may once again be the big winners of this new age of the Web 2.0 boom.

[via: Forbes]

[see also : Comparison of Video-sharing Sites ]

Monday, April 17, 2006

Comparison of Video-sharing Sites



Just surfed over to DV Guru's Comparison of ten Video Sharing Sites like YouTube and Google Video. Pretty good comparison of the pros and cons of each, and frankly, I haven't even heard of 6 out of the 10 sites listed.

Anyhow, still trying hard to figure out the revenue model for community-based video-sharing sites. I guess that while its true that most of them found themselves able to quite quickly build up momentum (think viral through use of linked video on blogs and websites), I still cannot figure out how their mainly ad-based revenue model will substain them over the long run due to the heavy bandwidth costs incurred.

For far, I guess only Google Video with its $10 billion warchest and move towards the selling videos through its site has the most well thought out business model. Google Video's downloadable application which allows users to view and save their favorite videos was also a step in the right direction for them.

On the other hand, I'm still kinda wondering what youTube is going to do with its newfound $8 million dollar funding. Guess that will at least that will substain their burn rate for a couple of months till they find their true calling amidst a flurry of anti-piracy problems.

[via : DV Guru ]


(PS: It seems that contrary to popular thought, my rate of blogging is directly proportional to the amount of work I have to do. )

Friday, April 14, 2006

Fox jumps on the online TV bandwagon


This just in! Fox has announced that it has just signed a six year agreement with its affiliates that will allow it to place reruns of its TV shows on the Internet.

Coming right after a similar earlier announcement by ABC, it seems the we can look forward to watching popular shows such as "The Simpsons" and "American Idol" on the internet very soon. Other players in the industry have also moving in the same direction and it may mark a dynamic shift in watching of television as we know it.

What would be really interesting would be the revenue model that these networks have planned to implement for placing their hot shows online and my bet is that they be modeled after the ubiquitous advertising model.

More interesting would be the effects on both the many "content-less" web 2.0 startups that offer video hosting and conventional television programming. Conventional television sets may go obsolete faster than we thought.

[via : Reuters ]

Thursday, April 13, 2006

Watch Free ABC Shows online


In the latest move to garner more advertising channels, ABC has announced that it will begin to air the 4 of its most popular shows including "Desperate Housewives" and "Lost" online soon. The catch? You can only watch it a day later and have to sit through about 16 minutes of commercials per 1 hour show.

This shows the significant trend where it seems like the media content owners may be going online to recapture the ad market which they have lost to their online counterparts. ABC has also released it episodes for sale on the iTunes Music Store (no surprise there) but have yet to placed those shows on Google for sale. This may be a strategic alliance between Apple-Disney-ABC to better control the media market which is undergoing a phase of digital convergence.

This move may also spell the end of several tech startup business ideas where an online model of ad-distribution is used (via proprietary software). It would be a tougher battle for them now as the content owners decide the enter the fray themselves.

In any case, it would be interesting to see how the online advertising model plays out and I'm sure that we will see newer and more versatile forms of advertising soon.


[via : arstechnica ]

Saturday, April 08, 2006

Where is Web 2.0 heading?


Recently, there have been so many new websites being set up, claiming to be the latest in what the web has to offer. Mostly, these sites dub themselves to be "web 2.0", a seemingly ubiquitous tag that no one has offered exact specifications on yet. As far as it has gotten to, even O'Reilly and Associates not placed a solid definition on it but rather endeavored to describe what it "feels" to be like and made several comparisons between what they perceive as Web 1.0 companies (e.g : DoubleClick, Ofoto, etc...) and the new Web 2.0 players (e.g: AdSense, Flickr, etc... )

Now, there are hundreds or even thousands of new players who are looking to becoming the next biggest thing to hit the web. Popular areas that have been explored are photo-hosting, video-hosting and creation of web-based sites which mimic desktop productivity software (think Writely and Thumbstacks).

In some sense, the main underlying feel to what the next generation of websites should be (from the general standpoint) along the lines of being fast, user-friendly, smooth, provide a rich user experience and having a large user base. All these translate into having to move fast to be the first player in a certain field and capturing the lion's share by offering services and features that make a difference to web users. In majority of the cases, these services are free to gobble up the market share first.

However, this draws question to the substainability of these business models. Most are heavily reliant on advertising revenue coupled with a large user base. Failing to high a critical mass of users will badly hinder this model. In the developmental order, most of the web has shifted from a "charge-the-users" model to a "charge-the-advertisers" model.

I'm guessing that there will be the emergence of a new form of revenue model for the web soon.

Thursday, March 30, 2006

msPod from Microsoft?

"What mp3 player do you want today?"

This may become the latest corporate mantra coming from our Redmond friends after Steve Ballmer just tipped off the coming of a new Microsoft mp3 player in an interview with Fortune magazine.

He was quoted as saying -- " In five years are people really going to be carry two devices? One device that is their communication device and one device that is music? There's going to be a lot of opportunities to get back in the game. We want to be in that game. Expect to see announcements from us in that area in the next 12 months."

Whoa! After a seemingly successful entry into the game console industry, it seems as if Microsoft is stopping at nothing short of ubiquity when it comes to all things hi-tech. It's going to be a very interesting indeed to see how the marketing and product launch is handled, not to mention the reactions of the 2 other players in the market - Apple and Creative.

At the current product-wise standing, Apple has definitely gone the "style and simplicity" approach while Creative is struggling to jam the most number of features into its Zen Player. Wonder what significant differentiation the Microsoft Product Team will use to push their new gadget.

In any case, would love to see Ballmer leaping and yelling once again when the new player arrives.

[via : bit-tech.net]

Wednesday, March 29, 2006

Feature Race for Products

Had a very interesting discussion with one of the mentors at the http://www.startup.org.sg Bootcamp last weekend.

The conclusion of it was that somehow, many products on the market have failed not due to the lack to advertising dollar or the financial clout to push the product through distribution channels. It was simply because the product was too choke full of features. Sounds counter-intuitive, doesn't it?

Picture this:
Salesman : "This phone is definitely the right one for you! It comes packed with the latest 3G technology, has a 2 megapixel camera on the back, allows you to serve the web and check your e-mails on the go and also has latest fingerprint recognition to prevent unauthorised access! What's more, it allows you to also add in memory cards for more storage and has these great games installed for you. Isn't it great!"

Customer (thinking) : "I wonder if it still makes calls..."

Ok, I may have gone overboard with the scenario but here's the point to note: more features do not equate to more sales. Sales people and marketeers both typically forget that it is still essentially what customer needs to use the product for that is driving the demand for it. From the latest cell phones to sliced bread, what they seek is the value that they derive from using the product, not the 1001 features packed into the amazing miniaturized gadget. Don't get me wrong, having all those extra features are really great but one has to understand which is the single feature which makes all the difference to a particular customer.

Knowing how to spot that difference is key to it all.

Quoting from a plague hung from one of the hardware stores in the States -- " No customer who comes in here wants a 1/4" drill bit, they just want a 1/4" hole"