Demonetization

burning cash

Buried near the end of John Markoff’s front-page feature in the Times today about “deep learning”, neural-net-inspired software, this tidbit, which I think requires no further elaboration, but is worth noting, and noting again: One of the most striking aspects of the research led by Dr. [Geoffrey] Hinton is that it has taken place largely […]

WSJ Social: When news apps want to steal your face

Screen Shot 2011-09-24 at 3.20.47 AM

I read about WSJ Social, the newspaper’s experiment at providing a socially driven version of itself entirely inside Facebook, and thought, hey, I should check it out. So I Googled “WSJ Social” and clicked on http://social.wsj.com. Since my browser was already logged in to Facebook, I was immediately confronted with a Facebook permissions screen. I […]

Why the Daily, Murdoch’s “tablet newspaper,” will be DOA

murdochpad

When I first heard the phrase “iPad newspaper” — shorthand for Rupert Murdoch’s not-so-secret-any-more new project — I puzzled over its oxymoronic implications. Forget about the, you know, iPad/paper contradiction and think about the business. Murdoch is reportedly spending $30 million on this thing. Could that possibly pay off with a product that’s tethered to […]

“Your map’s wrong”: Zuckerberg lights out for the territories

Zuckerberg tells Web 2.0: "Your map is wrong"

It’s hard to think of a more meaningful recent exchange in the tech-industry world than the moment onstage at Web 2.0 last night when Facebook’s Mark Zuckerberg turned to conference organizers John Battelle and Tim O’Reilly and told them, “Your map’s wrong.” (I was sorry not to be there in person! I went to the […]

Is Daily Beast really losing $10 million a year?

dailybeast

I watched the mini-circus of media coverage that accompanied Friday’s announcement of the Newsweek/Daily Beast merger, and joined in the name mashup fun (I favor the Daily Week). Like a lot of people, I also scratched my head: Lashing two money-losing operations together doesn’t seem all that smart. But one question kept nagging me. Everyone […]

What if the future of media is no “dominant players” at all?

nobigmedia

The New Yorker’s John Cassidy recently concluded a skeptical review of the finances of Gawker Media (which I caught up with late) — a piece somewhat ludicrously headlined “Is Nick Denton Really the New Rupert Murdoch?” — by asking the following question: Can Gawker Media (and other blogging outfits such as the Huffington Post) translate […]