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Web 2.0 Is Now Correction 2.0

Web 2.0 Is Now Correction 2.0

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Apple announced a downturn in expected revenue, and the market choked. Which followed on the heels of the Facebook stock plunge as a result of its myriad privacy issues.

What happened? Let’s look at the Apple playbook: for years, Apple has released a new iOS ahead of the sales of a new phone. The new iOS slows down older phones, in order to induce people to buy the new one. Which might have a few new features, but not enough to warrant the purchase of a new phone, save that the older models are now artificially slower.

Planned obsolescence. Read More...

The First Annual Connie Awards®

The First Annual Connie Awards®

From Silicon Valley to Silicon Alley and everything in between and near and far, including Silicon Prairie, Silicon Roundabout, Silicon Desert, Silicon Wadi, Silicon Slopes, Silicon Hills, et al, the world has seen some amazing tech – and some moments in tech that were somewhat less than shining. Or at least, equally memorable, but not in a good way.

It was a year that the tech industry proved that it does have its fair share of visionaries, as well as hipsters and outsters, heroes and zeroes, goodniks and bad players. While the industry is heavily peopled with brash young men and bad boys, it was a year that gave the latter a whole new meaning. Read More...

Amazon and Facebook: Two Very Different Paths Forward

Amazon and Facebook: Two Very Different Paths Forward

On the surface, not much difference in the Amazon Approach and the Facebook Approach: swallow up everything in your path. If we can’t buy you (Facebook/Snapchat), we will appropriate every new feature you develop and destroy you. Of course, when there’s a product or product line from an outside vendor that’s doing well on Amazon, the company will simply copy it and cut out the middleman.

Variations on a theme.

Not so, it seems, going forward, and it will be interesting to see who’s making the smarter bets. Facebook just introduced Facebook Local, which Wired is calling a Yelp and Foursquare killer and “the only Facebook app you need,” the point being to keep you even more engaged with the site, about which founding Facebook president Sean Parker had some choice words to share this past week, none of them flattering (Sean Parker unloads on Facebook “exploiting” human psychology), giving Axios “a candid insider’s look at how social networks purposely hook and potentially hurt our brains.” Bottom line here: Facebook is betting on a mobile future. Read More...