Ow the resemblance it hurts
I do this way too often.
Posts tagged internet
Glad I don’t work for a web2.0 startup
So all y’all web startups looking to get your idea bought by Yahoo. You might want to start rethinking your business strategy.
NYT: Yahoo to Cut 1,000 Jobs, and Warns on Growth
Warns on growth is an understatement. As analyst George Askew of Stifel Nicolaus, says “We believe Yahoo! shares are stuck in purgatory for at least another two or three quarters…”
This is obviously tied with the larger economic downturn (ie. recession), and it signals that other parts of the internet sector will probably start to feel it as well. It’s too bad that uncov has called it quits — this is just the web2.0 bubble popping negativist news he’s good at being snarky about.
Internet radio death knell
I’m usually not one to sign internet petitions, but it does really seem like internet radio is in serious trouble here. I listen to a lot of it and I’d hate to see it die.
On March 2, 2007 the Copyright Royalty Board (CRB), which oversees sound recording royalties paid by Internet radio services, increased Internet radio’s royalty burden between 300 and 1200 percent and thereby jeopardized the industry’s future.Without a doubt most Internet radio services will go bankrupt and cease webcasting if this royalty rate is not reversed by the Congress, and webcasters’ demise will mean a great loss of creative and diverse radio. Surviving webcasters will need sweetheart licenses that major record labels will be only too happy to offer, so long as the webcaster permits the major label to control the programming and playlist. Is that the Internet radio you care to hear?
Read more about it at SaveNetRadio
Sign the petition (you can have it autofaxed, sent as a printed letter, or as an email)
