If there was an over-arching theme for this last week on All Things D, it would have to be musical chairs.
Brand new MySpace CEO Owen Van Natta started things off Monday with his first day on the job. He was joined by new COO and former AOL exec Mike Jones and new chief product officer and former Sling Media exec Jason Hirschhorn.
Welcome back to Weekend Update, where we showcase some of the highlights from this site over the past week. In the umpteenth round of the old versus new media match, the Associated Press in its annual meeting this week played into the stereotype of the grizzled no-nonsense editor who shakes his fist at the new interweb thing (or was it intertube?) and its feisty friend, Google News, who are running amok on his lawn.
Here’s further confirmation that Time Warner is looking to spin off AOL. In an SEC filing Monday, the company said it is seeking to amend debt agreements that restrict it from unloading the struggling business. Coming as it does after the hiring of Tim Armstrong, a former Google executive, as AOL CEO and chairman, the move would seem to suggest that Time Warner CEO Jeff Bewkes has given up on the idea of an AOL merger with Yahoo and is pushing ahead full-bore with a spinoff.
Technically, the term refers to the frenzied flow of games and the intensity of the contenders for the NCAA Championship crown. But the NCAA doesn’t have a corner on “March Madness”–those descriptors work well in other instances, too. To wit:
Much ado about the Amazon Kindle 2.0 this week:
After its official unveiling on Feb. 9, the e-book reader started shipping on Monday, and actually managed to grab much–but not all–of the hype that’s surrounded Twitter of late. The device has been met with much acclaim, though it’s by no means unanimous.
What spreads faster than economic gloom and doom, and is more infectious than professional anxiety? That phenomenon known as “25 Things.” Just in time for Facebook’s fifth birthday, the record-breaking waste of time may have reached critical mass this week. Elsewhere this week…
Rumor has it there are big games going on this weekend–at least one of which involves football players. The rest involve the usual players, though they might appear in different positions–and on different teams–from week to week. These games, most likely, will continue through Monday and beyond. Scores will be kept on an ongoing basis.
Safe to say that the mood of last week, with its anticipation of change, is a distant memory. A different kind of anticipation permeated the tech and online media industries, one more reminiscent of April 2001. There was news all around of layoffs, pending layoffs, bankruptcies and stock dives.
It was an eventful week–a new President-elect, Yahoo still playing the field with no takers, and the hovering recession beginning to hit a little harder, a little closer to home. It was hard to keep the storylines straight, so let’s approach it thematically.
Election 2008
Whether or not those voting machines malfunctioned or miscounted votes, Barack Obama became the 44th President of the United States, much to the chagrin of comedians like Tina Fey and Amy Poehler, who–since the beginning of the McCain/Palin partnership–were handed once-in-a-lifetime material. Between the brilliant Saturday Night Live parody sketches of (and by) both Palin and McCain, and Obama’s victory speech, the other big winner (by a mile) was YouTube.
If Microsoft’s leadership were to author a 600-page guide to competitive strategy, it would consist of this sentence repeated over and over again, “The Shining” style for half of them: It’s always easier to buy your way into a profitable market, than earn it. So it is that, Microsoft–which has been paying people to use its Live Search engine to find and purchase products online–is now working to buy its way into the mobile search market by outbidding Google on the search giant’s deal with Verizon.
The best thing that can be said of the week ending Oct. 10, 2008, is this: It’s over.
Marked by panic selling and wet-your-pants fear, it was one of the worst weeks in the financial world’s history–a week that cut the legs out from under Google, beat Yahoo until its market cap bled purple and caused the Dow Jones Industrial Average to swing more than one thousand points on an intra-day basis.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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