7. November 2013
Source: The Wall Street Journal
Twitter’s rise is a remarkable story but that doesn’t mean you should invest in its’ much-hyped IPO, High Definition columnist Farhad Manjoo says on digits.
Twitter Inc.’s rise has been a remarkable story. Both because it was beset by chaos (see Nick Bilton’s new book for the operatic details) and because, despite the chaos, Twitter has somehow managed to become a legitimate, even straitlaced business, its IPO is a good time to congratulate the firm on its unlikely success.
But it isn’t a good time to invest in Twitter when it starts trading Thursday. Here are three reasons to sit this one out:
Don’t invest in individual stocks. Especially don’t invest in tech IPOs. This isn’t tech advice, just widely accepted financial wisdom for normal, non-professional, non-gambling investors: Buy index funds and forget about picking. And, really, it’s the first and the last reason for you to stay away from TWTR. If you’re no expert, don’t pit yourself against the experts.
Right now, there are hundreds of stock analysts, market researchers, advertising gurus and other people who are being paid vast sums to determine whether and how much to invest in Twitter. Going up against them is a loser’s game, and you shouldn’t play. Read the rest of this entry »
30. March 2012
Source: The Economist
Which tongues work best for microblogs?
THIS 78-character tweet in English would be only 24 characters long in Chinese:
That makes Chinese ideal for micro-blogs, which typically restrict messages to 140 symbols. Though Twitter, with 140m active users the world’s best-known microblogging service, is blocked in China, Sina Weibo, a local variant, has over 250m users. Chinese is so succinct that most messages never reach that limit, says Shuo Tang, who studies social media at the University of Indiana.
Japanese is concise too: fans of haiku, poems in 17 syllables, can tweet them readily. Though Korean and Arabic require a little more space, tweeters routinely omit syllables in Korean words; written Arabic routinely omits vowels anyway. Arabic tweets mushroomed last year, though thanks to the uprisings across the Middle East rather than any linguistic features. It is now the eighth most-used language on Twitter with over 2m public tweets every day, according to Semiocast, a Paris-based company that analyses social-media trends.
Romance tongues, among others, generally tend to be more verbose (see chart). So Spanish and Portuguese, the two most frequent European languages in the Twitterverse after English, have tricks to reduce the number of characters. Brazilians use “abs” for abraços (hugs) and “bjs” for beijos (kisses); Spanish speakers need never use personal pronouns (“I go” is denoted by the verb alone: voy). But informal English is even handier. It allows personal pronouns to be dropped, has no fiddly accents and enjoys a well developed culture of abbreviation. “English is unmatched in its acronyms, such as DoD for department of defence,” says Mohammed al-Basha, a spokesman for the Yemeni government, who tweets in English and Arabic. Read the rest of this entry »
24. October 2011
Tom Friedman, NYT. 23-10.
The latest phase in the I.T. revolution is being driven by the convergence of social media — Facebook, Twitter, LinkedIn, Groupon, Zynga — with the proliferation of cheap wireless connectivity and Web-enabled smartphones and “the cloud” — those enormous server farms that hold and constantly update thousands of software applications, which are then downloaded (as if from a cloud) by users on their smartphones, making them into incredibly powerful devices that can perform myriad tasks.
Marc Benioff, the founder of Salesforce.com, a cloud-based software provider, describes this phase of the I.T. revolution with the acronym SOCIAL. S, he says, is for speed — everything is now happening faster. O, he says, stands for open. If you don’t have an open environment inside your company or country, these new tools will blow you wide open. C is for collaboration because this revolution enables people to organize themselves within companies and societies into loosely coupled teams to take on any kind of challenges — from designing a new product to taking down a government. I is for individuals, who are able to reach around the globe to start something or collaborate on something farther, faster, deeper, cheaper than ever before — as individuals. A is for alignment. “There has never been a more important time to have all your ships sailing in the same direction,” said Benioff. “The power of social media is that it is easier than ever to both articulate, and reinforce, the vision and values that create and inspire alignment.” And L is for the leadership that does that. Leadership in a SOCIAL world has to be a mix of bottom-up and top-down. Leaders need to inspire, enable and empower everything coming up from below in a company or a social movement and then edit and sculpt it with a vision from above into a final product.
Read the whole article: http://fbkfinanzwirtschaft.wordpress.com/2011/10/24/one-country-two-revolutions/
8. February 2010
Freitag, 05. Februar 2010, 21:15:30 | Tom Davenport
Almost 50 years ago, FCC Commissioner Newton Minow suggested that the then-new medium of television was becoming a “vast wasteland.” One could argue that the same fate is befalling social media. It’s been a few months since I last fulminated on this issue. So it’s time for another curmudgeonly post.
A couple of recent studies suggest that the content of social media is trivial at best. An analysis of over 100 million tweets thus far in 2010 conducted by Sysomos found one bit of good news and lots of bad (from my perspective, anyway). The good news is that Barack Obama was the most common person tweeted about. The bad news is that he was followed (in order) by Lady Gaga, Michael Jackson, Pat Robertson (because of his comment on Haiti’s supposed pact with the devil), Miley Cyrus, and Nick Jonas. All others in the top 15 were popular musicians, disgraced sports figures, and the celebrity politician Sarah Palin. (What, no Scott Brown?)
Read the rest of this entry »