‘Internet News’ Category

Amazon Going Brick and Mortar?

December 6th, 2009

The Sunday Times  is reporting that Amazon is secretly looking for store locations in Britain. Amazon is denying the rumors. But one wonders if there is fire behind that smoke. It may be an attempt to go after the “click and collect” market — where consumers buy online and pick up in-store.

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New FTC Guidelines for Bloggers, Others

December 1st, 2009

Today — December 1 —  new Federal Trade Commission guidelines for endorsements and testimonials went into effect — guidelines that apply to bloggers and others who endorse products and get paid for it, ie through affiliate links.  The guidelines are broad but it’s basically all about disclosure and being honest. While officially you should seek your own counsel, here is a link that lists a variety of reactions and opinions to the guidelines. Our opinion — and it’s just an non-legal opinion of course — is that if you practice disclosure and you’re honest about why you are recommending a product, you won’t be a target.  See our Disclosure Statement in our “About” Page.

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Musicnotes.com Hits $1 Million Sales Per Month (Update)

December 1st, 2009

As reported in Internet Retailer, www.musicnotes.com  has hit sales of $1 million for the month of Nov, a 25% increase over last Nov; with annual sales of $11 million. Musicnotes sells licensed sheet music of nearly 110,000 songs that can be downloaded — no shipping or handling necessary. This is the kind of business we like — finding a niche  and designing an automated architecture, with repeatable sales. The company was founded in 1999 and is based in Madison, Wisconsin. Is privately-held, and currently has about 40 employees. The site now reaches about 120,000 visitors per day and 20% of its sales are international.

UPDATE: A reader just advised us of a possible scam related to musicnotes.com. We do not know if it’s true.

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The Fight For Control of the Internet — It Could Change Everything

December 1st, 2009

Net neutrality. If you don’t know what it is, you should, because some corporations are trying that take it away from you. The Internet is an open platform right now — whether you are AT&T or a one-person internet store operating out of a bedroom, you have equal access to the world wide web. As Justine Bateman explains rather well, corporations HATE this. They — AT&T, Comcast, Time/Warner Cable, Verizon — hate it so much that they have 500 lobbyists in Washington (there’s only 535 members of Congress, so that’s about one lobbyist per member) and they have spent so far over $75 million “to convince lawmakers to restrict your unfettered Internet access.” As Bateman writes:

“They don’t like that they can’t tell you what to watch.

They don’t like that they can’t control the information you are accessing.

They don’t like that with just a couple of bucks, you can build a website or a platform or a web-series that can garner the size of audience that only they used to command.

They don’t like that they can’t get a cut of all of it.”

They want to remove free and equal enterprise from the internet. Not only would it affect your business — or business aspirations — it will change everything, just as the internet itself has changed everything. Call your representative; “save the internet.”

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Cyber Monday Sales May Hit Record

November 30th, 2009

Amazon and Wal-Mart.com are leading the pack to a record Cyber Monday

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Did You Know??? 4.0 (VIDEO)

November 28th, 2009

If you haven’t seen the “Did You Know” videos by now, you should definitely check them out — here is the one Sony did for their annual of meeting of executives in Rome. It currently has 2.5 million views on youtube. A new version is now online, this one by The Economist magazine. It is, perhaps, not as dramatic as the Sony one, but a few statistics certainly pop out. For example, more content has been uploaded on youtube in the past TWO MONTHS than if ABC, CBS, and NBC had been airing new content since 1948! We had to watch it twice to make sure we got it right. What this all tells us of course, is how radically different our world is, and how the WWW has simply revolutionized how businesses are built and millions are made.

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The Internet: A Rabbit Hole for Those Who Try to Control It

May 13th, 2009

As you may have heard, Craigslist is closing down its Erotic Services section, after a continuous attack by politicians and cops.  Ultimately, though, as many have noted, modern-day bureaucrats cannot control the internet or the oldest profession:

As PC World reports: “The notion that Craigslist and [its] officers should be held responsible for third-party content on their site because they didn’t do enough to satisfy the individual whims of respective state attorneys general is wholly inconsistent with the law,” says (Electronic Frontier Foundation) senior staff attorney Matt Zimmerman.”

The internet is, increasingly, a rabbit hole for those who want to control content, which is to say, the internet has already beat them.

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Ebay Cuts Fees For Casual Sellers

May 12th, 2009

“The online marketplace eBay is eliminating some upfront fees to attract more sellers who occasionally auction off items.”

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Wired: “Mad Magazine Mocks Google”

April 25th, 2009

Wired.com has the scoop on Google getting the Mad magazine treatment. The Mad issue hits the stands on April 28th.

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Craigslist Under “Scrutiny” — Again

April 25th, 2009

Once again, Craigslist is under attack — or as this press report says, under “scrutiny” — following the murder of a woman who advertised erotic services on Craigslist in Boston. As Reuters reports, “Legal experts say growing scrutiny of Craigslist by authorities could lead to big changes at the 14-year-old online bazaar that generates more than 20 billion page views per month in 50 countries with a staff of just 28 people.”

Reuters continues: “Connecticut Attorney General Richard Blumenthal, who led a probe into (AIG’s) controversial $165 million in bonuses, this week called on Craigslist to block ads for escort services that promote prostitution.”

Julissa Brisman, a 26-year-old masseuse, “was bashed in the head and shot three times… A Boston University medical student who answered her Craigslist ad, is charged with the murder.

Meanwhile, some authorities, including Mr. Blumenthal above, is suggesting some of the blame lies with Craigslist. We say this: 99.99999999999% of those who have used Craigslist do not commit crimes. The murderer in this case must be punished to the full extent of the law. But, once again, certain segments of society want to assign some blame to others. By Mr Blumenthal’s logic, we should also blame the car company who made the car that the murderer used to get to the murder scene. Maybe we should blame the hotel for providing the scene. Who else can we blame?

We get worried whenever anybody wants to restrict or censor  the internet. We do not need a nanny-state prohibiting us from going down a dark alley, or telling us we’ve had too many cookies. Also, Blumenthal, like others before him, are using this opportunity to legislate “the oldest profession.” He will fail, like the others before him. We just wish he would separate the crime of murder from basic freedoms, and the existence of the internet.

(review by www.richdogmillionaire.com)

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