Got to catch up on a bunch of reading from the past few days ... with all the other news stories hitting the web, I haven't had any time to breathe - let alone put together a round-up of things worth reading. So, with the spare moment I have right now, I'm going to do just that. Enjoy. More coming when I get caught up on a few other things.
Ads are likely not the future, or the answer, because as readers we have many, many, tools that allow us to ignore, gloss over, or outright remove ads from content. Even if an advertiser still registers a page view on their ad, when they stop seeing returns on their advertisements they will no longer desire to pay publishers. This is where the market is beginning to head — the race to the bottom.
When Google first showed off Android, they showed it running on a device very similar to Blackberries or Nokia E-class devices of the time. This device was the Google Sooner - an OMAP850 device built by HTC, with no touchscreen or WiFi. This was the Android reference device, the device they originally built the OS on.
Amazon’s most recent quarter: $192 million in profit. Apple’s: $11.6 billion. The quarter was 90 days long. That means Apple made $128 million in profit, on average, per day. Let that sink in: Amazon made $192 million in 90 days. Apple made $128 million per day. Methinks Apple will stick with its focus on hardware profits.
Yahoo’s Code Of Ethics clearly prohibits things like falsifying biographical and resume information. Page 13 of that linked document, for example, urges employees to make sure that any information disclosed is clear, truthful and accurate. The legal department should be notified, it says, of any inaccuracies.
Did the rise of the 1 percent (or, better yet, the 0.01 percent) cause the Lesser Depression we’re now living through? It probably contributed. But the more important point is that inequality is a major reason the economy is still so depressed and unemployment so high. For we have responded to crisis with a mix of paralysis and confusion — both of which have a lot to do with the distorting effects of great wealth on our society.
For the first time in 40 years, the government sector of the American economy has shrunk during the first three years of a presidential administration. Spending by the federal government, adjusted for inflation, has risen at a slow rate under President Obama. But that increase has been more than offset by a fall in spending by state and local governments, which have been squeezed by weak tax receipts.
If Oregon can make good, it will save the federal government $11 billion over the course of a decade — even counting Medicaid’s initial, $1.9 billion investment made Thursday. Gov. John Kitzhaber (D) calls it a “defining moment for health care transformation in Oregon, and the Obama administration.”
s they await the Supreme Court ruling on the Affordable Care Act, legal critics of the law say their case is about liberty. If the government can instruct people to obtain health insurance, they keep asking, what’s to stop it from requiring them to buy broccoli? But the real threat to liberty in this case isn’t a hypothetical broccoli law. It’s the problem that the mandate remedies -- the failure of the health-insurance market -- and the long-standing national crisis of rising health-care costs that Congress finally found a way to address...Critics of the health-care law say the Affordable Care Act is unprecedented. But, in 1792, President George Washington signed the Militia Act, requiring all men to purchase a gun and knapsack. The goal was defense of liberty. A decision to uphold the health-insurance mandate would be a powerful defense of liberty in the modern age.
All workers face wage cuts and job losses during a recession, when the supply of labor outstrips demand. But in this recession, new college graduates have been particularly hard hit. According to an analysis by the Center for Labor Market Studies at Northeastern University, 54% of bachelor's degree-holders under age 25, about 1.5 million in total, were jobless or underemployed last year. To help out college students, President Obama is promising to retain the interest rate on government-issued student loans that was temporarily lowered in 2007. Mitt Romney, the presumptive Republican presidential nominee, also favors this measure...Lower payments on college loans after graduation won't come close to repairing the long-term economic damage that new graduates will suffer as a result of entering the workforce during a downturn.
Online education is not new. The University of Phoenix started its online degree program in 1989. Four million college students took at least one online class during the fall of 2007. But, over the past few months, something has changed. The elite, pace-setting universities have embraced the Internet. Not long ago, online courses were interesting experiments. Now online activity is at the core of how these schools envision their futures...What happened to the newspaper and magazine business is about to happen to higher education: a rescrambling around the Web...Research into online learning suggests that it is roughly as effective as classroom learning. It’s easier to tailor a learning experience to an individual student’s pace and preferences. Online learning seems especially useful in language and remedial education...The early Web radically democratized culture, but now in the media and elsewhere you’re seeing a flight to quality.