July 2012
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“Tell me to what you pay attention and I will tell you who you are”
– Jose Ortega y Gasset. #Attention Economy
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Facebook Telecom
From Commsday
Facebook has made its first investment in a subsea cable system: the Asia Pacific Gateway. According to a Malaysian stock exchange filing by Malaysia’s Time dotCom, the latest member to join the APG cable consortium, Facebook is already among the list of consortium members behind the project.
Facebook’s investment, which other industry sources have confirmed to CommsDay, would be...
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“It turned out to be the latter, and I’m not sure Mark Zuckerberg knew the...”
– Katherine Losse - The Boy Kings: A Journey Into the Heart of the Social Network (2012)
The Facebook Fallacy - Technology Review →
It’s quite a juxtaposition of realities. On the one hand, Facebook is under the same relentless downward pressure as other Web-based media. The company’s revenue amounts to a pitiful $5 per customer per year, which puts it ahead of the Huffington Post but somewhat behind the New York Times’ digital business. (Here’s the heartbreaking truth about the difference between new media and old: even in...
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Data-driven media companies
Forbes launched a bold new homepage. It’s based on a belief that there are three vital voices in the media business - journalists, audience and marketers.
To develop the new homepage, Forbes teamed up with a data company. In others words, Forbes followed a ‘data-driven decision making culture’. It’s the same culture that is embed in IT companies like Google and Zynga.
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