Interesting reading du jour.
No common theme here — just a follow-ups and one-offs on items that intrigue me:
- Ryan Paul of Ars Technica has a nice summary of litigious saga of SCO, which we discussed the other day. Well, the summary isn’t nice for SCO, which Paul believes is headed for “financial oblivion.” Paul has a complementary piece on the precipitous decline of SCO’s stock price — which, as I write this, is 39 cents.
- Kara Swisher of AllThingsD has an interesting video conversation with political-media blogger extraordinaire Jeff Jarvis. Jarvis classifies Yahoo as an “old media” company and thinks it’s just as doomed as the newspapers unless it “blows up” its business model. (We discussed Yahoo’s future a couple of weeks back.) You can read some of his further thoughts on media innovation in this column posted on his blog.
- The latest news in the mortgage meltdown/credit crunch: Merrill Lynch analyst downgrades Countrywide Financial. (What — don’t they read this blog at Merrill?) Yesterday, the NYSE halted trades in Thornburg Mortgage shares after prices fell 47%. But Thornburg has assured the markets that it will soldier on, and the share price has bounced right back up.
- The old rule makes sense in Indian grocery stores as well as anywhere else: give your customers what they want.
- Not related to the business world at all, but interesting in its own right: The Sun in Motion.
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[...] Yesterday we saw some of Jeff Jarvis’s thoughts on this topic, which is a pressing one for newspaper companies given their steady declines in readership and profits. One of the savvier students of where newspapers are and where they could go in the future is Doc Searls, who offers some keen insights in his piece, “Still at Newspapers 1.x.” Choice tidbits follow — but do read the whole piece if this subject is important to you. 1. Stop giving away the news and charging for the olds. […] Today we see the networked world through search engines. Hiding your archives behind a paywall makes your part of the world completely invisilble. If you open the archives, and make them crawlable by search engine spiders, your authority in your commmunity will increase immeasurably. […] [...]