Tortoise & Hare

While it will have taken the newspaper industry over 100 years to create the infrastructure needed to reach 1.8 billion readers it will have taken the technology industry less than 10 years to achieve comparable reach!

agree to disagree

Metro International - pioneer of free newspapers

Steve Jobs

A Hong Kong design student's tribute to Steve Jobs that generated a buzz in cyberspace following the death of the co-founder of Apple last week is not original, the teenager said on Monday.


Jonathan Mak, 19, said he was not the first to come up with the design that fits Jobs' silhouette into the bite of the Apple logo. He was speaking after comments surfaced on Twitter that a U.K.-based designer, known as Raid71 on the web, created the original design in May.

The design posted by Mak on the Internet spread like wildfire in cyberspace on Thursday, just after the passing of Jobs.

It drew hundreds of thousands of posts, and commemorative caps and T-shirts peddled on eBay featured his design. The logo was even used by Hollywood actor Ashton Kutcher as his Twitter profile picture.

Mak, a student at Hong Kong's Polytechnic University School of Design, acknowledged he was not the original creator of the design but said he did not "rip off" the U.K. designer.

Newspapers irrelevant to under 40 years olds

Take a look at the table below its a graphic illustration of the almost complete lack of interest paid to newspapers by people under the age of 40 years. Ouch

LivingSocial - $200m raise not IPO

Daily online deals startup LivingSocial might delay filing its initial public offering in favor of a new $200 million funding round, according to a Bloomberg report citing anonymous sources familiar with the matter.
The fact that both LivingSocial and rival Groupon are rethinking their IPO strategies could signal a slow down in the market demand for daily deals across the board.
T
he potential round, which would value LivingSocial at $6 billion, could include both equity and debt, according to the report. Investment for the new round would come from existing and new investors.
Previously, LivingSocial was discussing an IPO valued at more than $10 billion. However, the stock market slump that began in July is causing the company to rethink its strategy.

Daily deals company Groupon has also been rethinking its strategy toward going public because of market conditions and questions of whether the company will successfully sustain a profit in the future (Groupon has yet to turn a profit since launching in 2008). Also, both Facebook and Yelp have scaled by their own daily deals efforts, reinforcing the notion that daily deals demand is declining.
Washington D.C.-based LivingSocial has pulled in $632 million in funding to date.

The company was not available for immediate comment about the potential funding round.

Greatness - its in your grasp