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Johann Höchtl

Hacker News | Facebook is not worth $33 billion - 0 views

  • The whole section "Minority investment evaluations aren’t real" is so economically bizarre and incorrect that I don't even know where to start. It's like you wrote a blog post arguing that it is incorrect to refer to a 5' tall boy as 5' tall because he's often sitting down. Every single day every single public company in the world is valued by the last share traded, usually for a tiny fraction of the company.Finally, to the main point. Facebook has certainly figured out how to make money off of 500,000,000 users. And as they optimize, they will make a lot more money. When they figure out how to make another DIME off of every user, they will instantly be making another $50,000,000 a year... in pure profit. How much profit will 37signals make if you figure out how to make another dime off of every customer? Eh David? Facebook works on the theory that when you have a lot of people, you don't have to make as much per person, because the amount of money you make is the number of customers times the amount of money you make off of each one. Again, that pesky multiplication.
  • The bond and equity markets are based on sound regulation, transparency, and quarterly statements. Facebook has none of those things when it operates in the dark of the secondary markets.
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    Lenghty read Spolsky vs. dhh http://en.wikipedia.org/wiki/Joel_Spolsky about the valuation of Facebook and SNS
thinkahol *

The revolution will be tweeted - science-in-society - 06 February 2012 - New Scientist - 0 views

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    Economic meltdown, pro-democracy revolts, protest camps - it's kicking off everywhere. But was all this catalysed by new social media and technologies as many claimed? Paul Mason, a BBC correspondent who witnessed much of the unrest at first-hand, tells Liz Else that it's a lot subtler than that
thinkahol *

Why Big Media Is Going Nuclear Against The DMCA | TechCrunch - 0 views

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    When Congress updated copyright laws and passed the Digital Millennium Copyright Act (DMCA) in 1998, it ushered an era of investment, innovation and job creation.  In the decade since, companies like Google, YouTube and Twitter have emerged thanks to the Act, but in the process, they have disrupted the business models and revenue streams of traditional media companies (TMCs).  Today, the TMCs are trying to fast-track a couple of bills in the House and Congress to reverse all of that. Through their lobbyists in Washington, D.C., media companies are trying to rewrite the DMCA through two new bills.  The content industry's lobbyists have forged ahead without any input from the technology industry, the one in the Senate is called Protect IP and the one in the House is called E-Parasites.  The E-Parasite law would kill the safe harbors of the DMCA and allow traditional media companies to attack emerging technology companies by cutting off their ability to transact and collect revenue, sort of what happened to Wikileaks, if you will.  This would scare VCs from investing in such tech firms, which in turn would destroy job creation. The technology industry is understandably alarmed by its implications, which include automatic blacklists for any site issued a takedown notice by copyright holders that would extend to payment providers and even search engines.   What is going on and how exactly did we get here?
thinkahol *

Lawrence Lessig: Neo-Progressives - 0 views

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    It seems that just about every hundred years or so, the body politic we call America swells with fever as it fights off a democracy-destroying disease. That disease is "Special Interest Government".
Parycek

Iran Disrupts Internet Service Ahead of Protests - NYTimes.com - 0 views

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    In an effort to disrupt communications and head off huge opposition demonstrations planned for Thursday, the Iranian authorities on Wednesday drastically slowed Internet service in Iran and shut down text messaging services, and an official said that Gmail, the Google e-mail service, would be blocked.
Parycek

The Future Book - 2 views

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    We live in a completely different world from the one in which books were the most important way of sharing knowledge and experience among people and the only way of passing it forward to next generations. We now write blogs instead of diaries; send SMS messages and Tweets instead of postcards; and use a Blackberry instead of a postman to bring us e-mail letters. Does Challenge:Future (C:F) need a book? The answer is Yes and No. Yes, because in a world where the only constant is change, a printed book is a frozen memory of a moment in time. It holds our thoughts, plans, ideas, and fears from a time that has passed and helps us remember how things once were. A book is something we will dust off one day, browse and rememberthe "good old days."
thinkahol *

Young Protesters Revolt in Yemeni Capital - 0 views

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    Young protesters in Yemen squared off against security forces on Sunday, and some marched on the presidential palace in Sana, witnesses said, as a third day of demonstrations sought to emulate the revolution in Egypt. The protests, organized largely by way of text messages, were the largest yet by young Yemenis, with more than 1,000 marching. And it appeared to mark a rift with opposition groups who had organized previous demonstrations that wrested significant concessions from President Ali Abdullah Saleh, including the promise that he would relinquish power in 2013.
thinkahol *

Technology: Necessary but Insufficient for Human Survival | Thinkahol's Blog - 0 views

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    In the context of technology the only way out is through. Global society is dependent on artificially inflated energy resources-i.e. oil-that are directly leading us toward total collapse. Technology is being used to most efficiently maximize wealth of the largest corporate conglomerates at the expense of the social fabric and a living environment. The biosphere is in fact collapsing. The technology exists to solve our technical problems but the solutions do not seem like they will be effectively put to use. The power structures concentrating money off the status quo are too entrenched. Each human is called on to become more aware.
thinkahol *

'US empire designed to self-destruct, more unrest to follow' - YouTube - 0 views

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    The loss of America's AAA credit score has sparked panicked sell-offs on global markets. Ratings giants have so far confirmed France's highest status, but investors remain unconvinced its finances are solid enough. Financial journalist Demitri Kofinas says it's not just the banks, but whole countries which are now struggling to make ends meet, with more public unrest on the cards.
thinkahol *

GRITtv » Blog Archive » Michelle Alexander: End The Drug War: Face the New Ji... - 0 views

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    The NAACP has just passed a historic resolution demanding an end to the War on Drugs.  The resolution comes as young Black male unemployment hovers near 50 percent and the wealth gap's become a veritable gulf. So why is the forty-year-old "War on Drugs" public enemy number one for the nation's oldest civil rights organization? Well here's why:  it's not extraneous - it's central: the war on drugs is the engine of 21st century discrimination - an engine that has brought Jim Crow into the age of Barack Obama.     Author Michelle Alexander lays out the statistics -- and the stories --  of 21st Century Jim Crow in her ought-to-blow-your-socks off book: "The New Jim Crow: Mass Incarceration in an Age of Colorblindness." I had a chance to sit down with Alexander earlier this summer. We'll be posting the full interview in two parts.     "We have managed decades after the civil rights movement to create something like a caste system in the United States," says Alexander in part one here  "In major urban areas, the majority of African American men are either behind bars, under correctional control or saddled with criminal record and once branded as criminal or a felon, they're trapped for life in 2nd class status."     It's not just about people having a hard time getting ahead and climbing the ladder of success. It's about a rigged system. Sound familiar?  Like the Pew Research Center report on household wealth and the Great Recession -- the NAACP resolution story was a one-day news-blip - despite the fact that it pierces the by-your-bootstraps myth that is at the heart of - you pick it - the deficit, the stimulus, the tax code - every contemporary US economic debate.     White America just maybe ought to pay attention. With more and more Americans falling out of jobs and into debt, criminal records are a whole lot easier to come by than life-sustaining employment.  Contrary to the conventional media version, the "Drug War" story is not a people with problems
thinkahol *

Would We Be Better Off If John McCain Were President? | World | AlterNet - 0 views

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    Presidents serve the institutional interests of the corporations behind them. A President McCain may have at least triggered a true progressive fight.
thinkahol *

The Day the Middle Class Died - 0 views

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    From time to time, someone under 30 will ask me, "When did this all begin, America's downward slide?" They say they've heard of a time when working people could raise a family and send the kids to college on just one parent's income (and that college in states like California and New York was almost free). That anyone who wanted a decent paying job could get one. That people only worked five days a week, eight hours a day, got the whole weekend off and had a paid vacation every summer. That many jobs were union jobs, from baggers at the grocery store to the guy painting your house, and this meant that no matter how "lowly" your job was you had guarantees of a pension, occasional raises, health insurance and someone to stick up for you if you were unfairly treated. Young people have heard of this mythical time - but it was no myth, it was real. And when they ask, "When did this all end?", I say, "It ended on this day: August 5th, 1981." Beginning on this date, 30 years ago, Big Business and the Right Wing decided to "go for it" - to see if they could actually destroy the middle class so that they could become richer themselves. And they've succeeded. On August 5, 1981, President Ronald Reagan fired every member of the air traffic controllers union (PATCO) who'd defied his order to return to work and declared their union illegal. They had been on strike for just two days.
thinkahol *

Do We Need a Militant Movement to Save the Planet (and Ourselves)? | Environment | Alte... - 0 views

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    Derrick Jensen, Lierre Keith and Aric McBay call for new strategy to stave off environmental catastrophe.
thinkahol *

Are jobs obsolete? - CNN.com - 0 views

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    According to the U.N. Food and Agriculture Organization, there is enough food produced to provide everyone in the world with 2,720 kilocalories per person per day. And that's even after America disposes of thousands of tons of crop and dairy just to keep market prices high. Meanwhile, American banks overloaded with foreclosed properties are demolishing vacant dwellings to get the empty houses off their books. Our problem is not that we don't have enough stuff -- it's that we don't have enough ways for people to work and prove that they deserve this stuff.
thinkahol *

October2011.org | "Stop the Machine! * Create a New World!" - 0 views

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    October 2011 is the 10th anniversary of the invasion of Afghanistan and the beginning of the 2012 federal austerity budget. It is time to light the spark that sets off a true democratic, nonviolent transition to a world in which people are freed to create just and sustainable solutions. Read more.
thinkahol *

Washington Okays Attack on Unarmed US Gaza Flotilla Ship - 0 views

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    The Obama administration appears to have given a green light to an Israeli attack on an unarmed flotilla carrying peace and human rights activists - including a vessel with 50 Americans on board - bound for the besieged Gaza Strip. At a press conference on June 24, Secretary of State Hillary Clinton criticized the flotilla organized by the Free Gaza Campaign by saying it would "provoke actions by entering into Israeli waters and creating a situation in which the Israelis have the right to defend themselves." Clinton did not explain why a country had "the right to defend themselves" against ships which are clearly no threat. Not only have organizers of the flotilla gone to great steps to ensure are there no weapons on board, the only cargo bound for Gaza on the US ship are letters of solidarity to the Palestinians in that besieged enclave who have suffered under devastating Israeli bombardments, a crippling blockade, and a right-wing Islamist government. Nor did Clinton explain why the State Department suddenly considers the Mediterranean Sea off the coast of the port of Gaza to be "Israeli waters," when the entire international community recognizes Israeli territorial waters as being well to the northeast of the ships' intended route.
thinkahol *

The Diaspora Project - 0 views

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    We're building the future we want to see -- a new social web that keeps you in control of your data, giving you the freedom to do what you want and have fun. We're a tiny core team of developers working our tails off, and we're also a huge community effort, with more than 150 people having contributed code to our open-source software, hundreds of others engaged in community organizing and spreading the word, and thousands of people providing feedback and financial support. We can't do this without you. Please give what you can. Thank you.
Johann Höchtl

An Open Data Litmus Test: Is There a Download Button | Off the Map - Official Blog of F... - 0 views

  • 1) Is there a download button?
  • 2) Data should always be linked to the derivative works created with it.
  • 3) Downloading should never be more than two clicks away (ideally one).
  • ...2 more annotations...
  • 4) When you get to the data it should be available in multiple formats and be easy to use (i.e. data dictionaries).
  • 5) The data should be searchable and portable.
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    Konkretere Prinzipien offener Daten: Wann kann man davon sprechen, dass eine Web Seite offene Daten anbietet?
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