Twitter Lists and Real-time Journalism

Article by: Pete Cashmore, Written: November 4, 2009, Found on CNN Web site

The Twitter community is abuzz this week about the site's new "Lists" feature, which allows users to create collections of interesting people to follow on the micro-messaging service.

From lists of sports stars to comedians to political pundits, Twitter has provided its members with the tools required to splice a torrent of updates into a series of relevant, topic-based streams. In doing so, the social networking startup may have hit upon the long-overdue cure to information overload and birthed a new breed of editor: the real-time Web curator.

Drowning in data

Approximately 25 million Tweets are posted every day; more than 5 billion have been created since Twitter's launch. Facebook users are even more prolific in aggregate: Forty-five million updates are posted there daily. In May, the last date for which we have data, YouTube announced that 20 hours of video is uploaded to its servers every minute. That's more than three years of content being uploaded to YouTube daily. As the barriers to media production fall -- cameras in virtually every cell phone, video cameras in iPods, text messaging as a publishing platform -- this content tsunami is growing ever taller.

The friend filter

An obvious antidote: use your friends as a filter. Google's new Social Search allows users to add their social networking profiles to a Google account and see search results filtered and prioritized based on their circle of friends. Through integration with Facebook, meanwhile, Web sites are allowing users to create personalized experiences. Connect your Facebook account with social news site Digg.com, for instance, and your existing friends become a filter for the most interesting web links.

From personal to professional

Much like blogging, however, link-sharing on the Web has evolved beyond the personal. While most Twitter users stick to the standard "What Are You Doing?" fare, a growing number spend much of their time collating links and pointing their followers to relevant, timely, topic-based information. Tracking the pulse of PR in the digital age? You'll probably want to follow Edelman Digital's Steve Rubel, who scours the Web for topical links and shares his findings on Twitter and FriendFeed.

Seeking insights into the mainstream media's transition to the Web? Follow Jeff Jarvis, journalism professor, podcaster and media pundit. Want to know what venture capitalists are reading these days? Try Union Square Ventures' Fred Wilson, who shares links and insights daily with his 35,000 Twitter followers. See a list of CNN's anchors on Twitter

Next up: collate dozens of these experts into a topic-based list, and -- voila! -- your hand-picked editorial team extracts the signal from a wall of noise. Most of these link gatherers have "real" jobs, you'll notice; I see no reason why that should remain the case. In the attention economy, wherein the scarce resource is time and the abundant one is content, those who effectively allocate our attention create value. Where value is created, it follows that money can be made. The inevitable outcome: Web curators are not just real-time but full-time.

The rise of real-time journalism

Possibly we don't need a new breed, however, just an adaptation. Journalists, it would seem, are well-placed to capitalize on the trend, since directing an audience's attention via links is not materially different to editing a newspaper or magazine. Perhaps media companies already see this emergent future: The New York Times has created a Twitter list of all its staff, and the Los Angeles Times has set about categorizing Twitter celebrities. See CNN International's Twitter list

The Web-centric Huffington Post has gone a step further by embedding Twitter Lists on its Web site to create hubs of real-time updates. For those cast adrift in a sea of content, good news: A "curation" economy is beginning to take shape, tweet by tweet, list by list.

Casey Says: Although I'm not a Twitter user, I know what it's about and how it works. I came across this article describing Twitter's new list feature which I thought was a good new feature for this social networking site. I do use Facebook and Facebook's main page operates a lot like Twitter (showing your friends constant updates of "what they are doing" at every moment) so I understand how this new lists feature would be helpful/useful when separating news content that seems like information overload. Even the world of journalism is finding this new feature on Twitter useful, allowing these news companies to separate their content into necessary categories of news/people.

Link to Article: http://www.cnn.com/2009/TECH/11/04/twitter.lists/index.html?section=cnn_latest

Internet Turns 40 with Birthday Party

Article written by: Glenn Chapman, Date: October 29, 2009, on Yahoo News

Technology stars, pundits, and entrepreneurs joined the Internet's father on Thursday to celebrate the 40th anniversary of his culture-changing child. "It's the 40th year since the infant Internet first spoke," said University of California, Los Angeles, professor Leonard Kleinrock, who headed the team that first linked computers online in 1969. Kleinrock led an anniversary event that blended reminiscence of the Internet's past with debate about its future.

"There is going to be an ongoing controversy about where we have been and where we are going," said Arianna Huffington, co-founder of the popular news and blog website that bears her name. "It is not just about the Internet; it is about our times. We are going to need desperately to tap into the better angels of our nature and make our lives not just about ourselves but about our communities and our world."

Huffington was on hand to discuss the power the Internet gives to grass roots organizers on a panel with Kleinrock and Social Brain Foundation director Isaac Mao. "The Internet is a democratizing element; everyone has an equivalent voice," Kleinrock said. "There is no way back at this point. We can't turn it off. The Internet Age is here."

Leonard Kleinrock never imagined Facebook, Twitter, or YouTube that day 40 years ago when his team gave birth to what is now taken for granted as the Internet."The net is penetrating every aspect of our lives," Kleinrock said to a room of about 200 people and an equal number watching online. "As a teenager the Internet is behaving badly, the dark side has emerged. The question is when it grows into a young adult will it get over this period of misbehaving?" Kleinrock referred to spam emails, online scams and malicious software spread by crooks as an unexpected dark side of the Internet.

On October 29, 1969 Kleinrock led a team that got a computer at UCLA to "talk" to one at a research institute. Kleinrock was driven by a certainty that computers were destined to speak to each other and that the resulting network should be as simple to use as telephones. US telecom colossus AT&T ran lines connecting the computers for ARPANET, a project backed with money from a research arm of the US military. A key to getting computers to exchange data was breaking digitized information into packets fired between on-demand with no wasting of time, according to Kleinrock.

Engineers began typing "LOG" to log into the distant computer, which crashed after getting the "O." "So, the first message was 'Lo' as in 'Lo and behold'," Kleinrock recounted. "We couldn't have a better, more succinct first message." Kleinrock's team logged in on the second try, sending digital data packets between computers on the ARPANET. Computers at two other US universities were added to the network by the end of that year.  Funding came from the US Advanced Research Projects Agency (ARPA) established in 1958 in response to the launch of a Sputnik space flight by what was then the Soviet Union. US leaders were in a technology race with Cold War rival Russia.  The National Science Foundation added a series of super computers to the network in the late 1980s, opening the online community to more scientists.

The Internet caught the public's attention in the form of email systems in workplaces and ignited a "dot-com" industry boom that went bust at the turn of the century. Kleinrock, 75, sees the Internet spreading into everything. "The next step is to move it into the real world," Kleinrock said. "The Internet will be present everywhere. I will walk into a room and it will know I am there. It will talk back to me."

Casey Says: I had no idea that the internet had been around for 40 years when I saw this article. When I think of the beginning of the internet I think of the early 1990's. It's amazing to look at how far the Internet has come since it's birth 40 years ago.

Link to Article: http://news.yahoo.com/s/afp/usitinternethistorykleinrock

New York Times Posts Loss, Ad Spending Improves

Article written by: Robert MacMillan, Written October 22, 2009, on Yahoo News

NEW YORK (Reuters) – The New York Times Co reported a narrower quarterly loss on Thursday and said advertising sales fell 27 percent, but it beat revenue forecasts and echoed fellow publishers who say ad spending may be returning to newspapers.

The Times, which is getting ready to cut 100 jobs from the newsroom of its namesake newspaper, reported a profit before one-time charges that beat analysts' estimates.

It also said it is "moving ahead" on a plan to sell its interest in the group that owns the Boston Red Sox baseball team. On October 14, it said it was scrapping its plan to sell the money-losing Boston Globe.

The Times's third-quarter net loss was $35.6 million, or 25 cents a share. Last year's loss was $106.3 million, or 74 cents a share, which included a writedown.

Excluding various charges and items, the Times reported profit of 16 cents a share, up from 5 cents last year.

Revenue fell 17 percent to $570.6 million on ad declines, beating the average analyst forecast of $561.6, according to Thomson Reuters I/B/E/S/. The company said fourth-quarter ad performance looks better.

"We have seen encouraging signs of improvement in the overall economy and in discussions with our advertisers," Chief Executive Janet Robinson said in a statement.

The company also raised newspaper prices, contributing to a 6.7 percent climb in circulation revenue.

The Times, like other U.S. newspaper owners, has been fighting revenue declines as more people get their news for free online and the recession cuts ad budgets.

Other publishers including Gannett Co Inc, McClatchy Co and Media General Inc have reported similar third-quarter results, and have said that future ad revenue, while still down, might not fall as steeply as it has so far this year.

The Times also has slashed expenses to keep up with revenue declines. It forecast saving $475 million in operating costs, some of them through hard-won union concessions in Boston after it threatened to close the Globe.

It also has cut staff and pay. The company's workforce was 20 percent lower at the end of September than last year.

Link to Article: http://news.yahoo.com/nphotos/New-York-Times-building-New-York-City/photo//091022/ids_photos_ts/r1077718898.jpg//s:/nm/20091022/media_nm/us_newyorktimes_2

Journalism Is the New Bottled Water

Article written by: Dan Sweeney, December 19, 2008, on Web site: The Huffington Post

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It's no secret that the entire industry is going through a sort of self-flagellating introspection over its future these days. Newspaper readership is on the decline, magazines are folding right and left, the evening news has lost most of its prominence, and so on. Throughout the industry, companies have desperately been trying to figure out how to turn back the tide.

The company that cuts my checks, Tribune Company, even has a C-level executive whose sole purpose is figuring out how to reinvent news media. Tribune's Chief Innovation Officer, Lee Abrams, sends out wild-eyed, company-wide memos about once a week, each detailing the latest newspaper redesign or brainstormed idea.

Like most journalists, I've given the future a lot of thought. And I think the problem is more systemic than we've previously realized. It's the Internet. Sure, that's been said before, but I don't think people realize just how large a problem we're talking about here. Granted, Craigslist and similar sites have all but destroyed the need for classified advertising. And Google can get you any news story you want with the tap of a few keys. But look at the total, bigger picture. What is it that journalists do? Essentially, the journalism industry sells information.

And, sure, people have said that before as well, but they've usually used it as a justification for why journalism will be so important in the coming years -- there's so much information out there now, goes the argument, that we need an entire industry to filter it and find the stuff that news consumers need to know. To that, I say, horseshit. It's a simple problem of supply and demand. Information has become so commonplace, so readily available, that its value as a commodity has bottomed out. That is the essential problem of the journalism industry today. We are trying to sell something to which everyone already has ready access. It's the equivalent of trying to sell people air... or water.

Despite almost everyone in the United States having easy access to water from their taps, a huge portion of people buy their water instead. In many cases, they buy water even to stock it in their homes, right next to faucets that would pour the stuff for free. Why? I can think of two reasons. First, bottled water can be taken with you when tap water must be left at home. Second, the marketers of bottled water have convinced many people that their product is far superior to the stuff that comes out of your faucet. Therein lies the future of journalism.

If news professionals wish to thrive in the coming years, they need to make sure that the industry produces a product that can be taken places in which people have no access to cheap, easily obtainable information (i.e. the Internet). With portable Internet access becoming more and more common, this gets more and more difficult, but it's still possible, and has been done in some cases. (Note the relative success of commuter papers to traditional dailies. If we acknowledge that portability is one of the key issues to the future, then broadsheet newspapers should immediately be retired in favor of tabloid, three- or four-page jumps should be ended, and so on. Most editors and designers that read this probably already know the fixes.)

The second issue is the more important one in light of the fact that, eventually, the Internet will be accessible just about everywhere. If newspapers, magazines and even certain segments of broadcast journalism are to have a viable future, people need to be convinced that the information they get in those products is superior to the information they get on the Internet. And that means that newsroom cutbacks, especially in investigative journalism and other areas of exclusive content, have been precisely the wrong thing to do. The focus of marketers should be to convince readership of the ridiculousness of information that comes up at a quick Google search and intelligent people's preference for the alternative. (At the very least, that alternative should be the newspaper's Web site.) Editorial needs to back that up by offering readers content that is both exclusive and superior to other products. In many cases, that doesn't mean that a paper needs to be the first one to report something -- after all, the basic facts of a big story will be available a thousand times over on sites across the Net within minutes of one news organization breaking the story. Indeed, we may need just the opposite -- slow, deliberative work that explains a story better than anyone else can.

But, taking all this into account, there lies a further basic problem: Is bottled water really that much better than the stuff that comes out of the tap? Both are just a couple hydrogen atoms mixed with an oxygen atom, multiplied a mind-bogglingly huge amount of times. Both are drinkable. Both are water. Recently, several cities across the country, including Miami in my own back yard, have started a campaign against bottled water as part of the green movement, encouraging people to use tap water. Bottled water really isn't much better than tap water, and in some ways, it's worse. In that sense, the future of journalism may be nothing but a cheap con game.

Casey Says: I liked this article's comparison of tap/bottled water to the news. I thought that it was kind of interesting/true how bottled water and news are alike. The news is something that really must be accessible from anywhere and must be credible. Newspapers are holding on to its' readers because of these reasons.

Link to Article: http://www.huffingtonpost.com/dan-sweeney/journalism-is-the-new-bot_b_152365.html

Report: How to Save Journalism

Article By: Maggie Astor, October 21, 2009, on Web site: Columbia Spectator

 

 

What will become of journalism?

That is the central question addressed in “The Reconstruction of American Journalism,” a report by Washington Post Vice President at Large Leonard Downie Jr. and Columbia School of Journalism professor Michael Schudson, released Tuesday by the school.“We’ve been dependent on newspapers for the bulk of our serious accountability reporting for a long time, and by good fortune, newspapers were for a long time quite affluent in an advertising-supported model,” Schudson said in an interview. “Things have turned around very quickly.”

“It’s comprehensive and forward-looking,” School of Journalism Dean Nicholas Lemann, who commissioned the report, said in an interview. “This [accountability journalism] is a function that is vital in a democracy and needs to be supported, and has been mainly supported by newspapers. It is not going to be supported at that level anymore.” The recommendations Downie and Schudson make range from common-sensical to highly provocative, as when they write, “It may not be essential to save or promote any particular news medium, including printed newspapers. … What is paramount is preserving independent, original, credible reporting, whether or not it is popular or profitable, and regardless of the medium in which it appears.”

Added Lemann, “Newspapers will continue to be the home of the plurality of American news reporters, but the numbers are never going to get back to what they were. What you’ll see instead is a proliferation of smaller, new players in journalism.” The report eschews the increasingly common view that journalism cannot be saved in favor of an extensively researched proposal for doing just that. In particular, instead of bemoaning the rise of the Internet as the killer of print journalism, Downie and Schudson suggest using it as a means to improve the industry.

“The very instrument that has been a significant cause of that decline [in newspaper profits], the Internet, may be the source of a solution,” Schudson said. “We’re looking at a survey of the new—mostly quite small, but impressive—experiments in online journalism. Some of these are quite remarkable, and are already beginning to compensate for the gaps that are turning up in national news coverage in the mainstream press.” The report notes in particular the contributions of online, nonprofit outlets like ProPublica, which produces news content for its own Web site and for other media.

At Columbia, students work on this model. Beginning students in the School of Journalism are assigned a neighborhood in New York City to cover, and their articles are posted online. Additionally, 15 students per year participate in the Stabile Center for Investigative Journalism. “They produce a lot of work that’s appeared on NPR, on commercial networks, in the New York Times,” Schudson said. “Students’ work is done directly for the classroom, but it goes immediately out into the public media.”

But even if new media outlets succeed in producing the quantity and quality of reporting to which Americans are accustomed, the problem of funding remains. Toward that end, the report “encourages more philanthropy, and the expansion of existing public media, public radio,” Schudson said. “It encourages the government to help provide some funds for local reporting.” Ultimately, “It’s meant to be provocative. What we wanted was to have it stimulate discussion, and it’s doing that,” Lemann said. “This is a moment when a lot is changing in journalism, and it’s important to me that the school play a leadership role, as the future of our profession is at stake.”

The report—funded largely by the Charles H. Revson Foundation, though Lemann declined to provide the total cost—was released online on Tuesday, and will be published in the Columbia Journalism Review. To promote the report, Downie and Schudson appeared Tuesday evening at the New York Public Library with University President Lee Bollinger. A similar event takes place tonight in Washington, D.C., and will feature members of Congress and Washington Post reporter Bob Woodward. On Thursday at 6:30 p.m., they will appear with Lemann at the School of Journalism.

Casey Says: This article made it clear that journalism/newspapers will never be the same as they once were. Journalism has obviously changed from what it once was in the past, this can be shown by the rapidly declining numbers in newspaper readers.However, I liked the one line that explained, “It may not be essential to save or promote any particular news medium, including printed newspapers. … What is paramount is preserving independent, original, credible reporting, whether or not it is popular or profitable, and regardless of the medium in which it appears.” I liked this because of its' truth. The ways in which we gather our news will continue to change/evolve over time through different outlets/mediums. Newspapers may not even exist 10, 20, 30 years from now. So even though the way in which we get our news may change, the importance of journalism is that the content remains credible and original throughout time.

Link to Article: http://www.columbiaspectator.com/2009/10/21/report-how-save-journalism

Is Social Media Making Us Less Social?

 

 

 Bug in twitter templating by yashh.

 

Artible By: Anthony Massuci, written Sep 22nd 2009, on Web site Daily Finance

 


Recently, I noticed I'm using fewer cell phone minutes as I spend more time on Twitter and Facebook. It has me wondering, is social media making me less social?

How about President Barack Obama? Will he be less likely to speak his mind in public after ABC News reporters used Twitter to spread his off-the-record comment about Kanye West acting like a "jackass" on MTV's video music awards show? TMZ.com, owned by DailyFinance's parent company AOL, then published audio and video of those comments. Will such incidents cause celebrities and non-celebrities to be more on guard for fear that their every move may be made public via social media?


It seems plausible, especially as more of us walk around with cell phones equipped with cameras, voice and video recorders. Fact is, we're all in danger of having embarrassing behavior broadcast to the world.

 

And it's only going to get worse. The number of cell phones offering such features are multiplying, says Ilja Laurs, CEO of San Mateo, California-based GetJar Inc., which helps develop cell phone applications. According to GetJar, mobile phones are reaching audiences that other media can't and the number of people getting information from the mobile internet will triple by 2014. Already, the company says that 72 percent of consumers report that they now use mobile internet more than PC-based internet.

 

So imagine yelling at the manager at your local grocery store for a worthwhile reason. Now imagine having that discourse posted on YouTube and having it seen by your grandmother and countless people half-a-world away - in a very different context. You might get the 15-minutes of fame you've always, or never, wanted. Would you have been better off swallowing your pride and avoiding the altercation?

Dr. Pamela Rutledge, director of Boston-based Media Psychology Research Center, says fears caused by social media are no different than those sparked by other technology changes seen in history. Socrates didn't like it when people started writing, she says, because he thought it would take away our ability to remember. Some people, such as Rutledge's grandmother, worried after the telephone was invented that people would no longer visit her.

"People don't like change much," Rutledge says. "Biologically, we're wired to worry about change. We like things to stay the same because that's how we find stability." No wonder, then, that people now fear that social media sites such as Twitter and Facebook will actually make us less social.

But maybe those people have it wrong. Jeff Pulver, who co-founded Vonage and hosts Twitter conferences in cities including Los Angeles, New York and Tel Aviv, argues that social media should be celebrated, not feared. "Social media helps increase self-expression," he says. "It provides a platform for everyone's voice to be heard. People who are not confident about their voice, discover that their voice matters."


Pulver argues that President Obama's "jackass" comment may have been shared over CompuServe or AOL's AIM instant-messaging service even a decade ago. So don't blame Twitter. It just happens to be the forum used in 2009. In some ways, Twitter has had a transformative power the way the telephone or radio did when they were introduced.


"No one at Twitter envisioned that it would be a change-agent for politics or that it would be a platform allowing celebrities to talk to their fans or that Hollywood producers would live in fear each time a movie opens.," Pulver says. That's because folks on Twitter can quickly praise or condemn a new release to thousands of people, possibly leading to the film's success or demise.

Perhaps a better question is whether social media is actually making society more social? Laurs, Rutledge and Pulver think that's the case - and they may be right. Even so, the next time you think you may flip your lid in public, be aware that there may be a camera or microphone pointed your way.

Now, excuse me while I update my Facebook status.

 

Casey Says: I liked this article because I thought it brought up some very true points. It's no argument that social media sites, such as Twitter and Facebook, can make people less social. People can spend less time having conversations through face-to-face interaction or through cell phones because they can chat whenever online. However, social media can make people more social in the fact that it gives people a bigger platform to speak their minds. It will be interesting to see how communication is affected with technology in the future.

Link to article: http://www.dailyfinance.com/2009/09/22/massucis-take-is-social-media-making-us-less-social/

Surprise hit 'Paranormal Activity' scares money out of moviegoers

Article written by: Lisa Respers France
October 12th, 2009
CNN Web site
The new horror movie "Paranormal Activity" could be filling movie studio marketing departments with fear. "Paranormal Activity" tells the story of a couple determined to discover if their house is haunted.

"Paranormal Activity" tells the story of a couple determined to discover if their house is haunted.

Using a campaign of limited showings, social media and word-of-mouth fan buzz, the film has managed to become a breakout hit without the aid of a glitzy marketing campaign -- or even a traditional movie trailer.

According to Variety, the very low-budget film (it reportedly cost $11,000), which played in fewer than 200 theaters, raked in $7.1 million over the weekend -- a record for a limited-release film. The film had an impressive $44,163 per-screen average and placement in the top five of the box office ratings over the weekend.

"We think it's exciting that they are taking this grassroots approach to independent film because sometimes independent films do get lost in the shuffle," said Kevin Carr, a writer/reviewer for the site Film School Rejects. "It's a unique test to see if people can demand things outside of standard marketing campaigns."

"Paranormal Activity" bills itself as "the first-ever major film release demanded by you." The movie, which was an audience favorite at the alternative Slamdance festival in early 2008, was acquired by Dreamworks (then a part of Paramount Pictures) two years ago. The studio initially planned to remake it using better-known actors. But after studio executives, including Steven Spielberg, viewed it, they decided the film could stand more or less as it was (though director Oren Peli did shorten the film and shoot a new ending).

The movie gained buzz after Paramount began late-night screenings in college towns, and fans took to Twitter and other sites to hail the scary flick, which centers on a young couple who believe their house may be haunted. Paramount increased the interest by urging fans to sign on to ParanormalMovie.com and demand theaters in their locations show the film.Peli posted a video on YouTube expressing gratitude to the fans and urging them to continue rooting for the movie.

"I just wanted to take this opportunity to speak directly to the fans and thank you all for the amazing support," Peli said on the video. "It's just been overwhelming especially considering the long road this film had for three years and the studio wanting to do a remake."More than a million people have heeded the call. The result has been a groundswell of interest rivaling that of big-budget films.Megan Colligan, co-president of marketing for Paramount, said the studio had a limited budget for advertising the film, so its marketing had to be tightly targeted.

Moreover, condensing its atmosphere into a 30-second TV spot was a challenge, so executives opted to produce a trailer showing fans waiting in line for the movie and their reaction to the film, said Josh Greenstein, who also serves as co-president of marketing for Paramount.

"It was very important that we sold this as an experience and rather than just a movie," he said. "When people saw the movie they loved it so much and there is such a slow build of terror that you have to sit through to experience the full effect of the movie, so we changed the marketing techniques in advertising and online to make it more experiential." The unique marketing campaign appears to have paid off. "The fans have really made this their film and they are doing the bulk of the work [to market the film]," Colligan said. "The film is selling itself," Greenstein added.

Critics have also taken notice, and have showered the film with good reviews. In giving the movie an A-minus grade, Entertainment Weekly film critic Owen Gleiberman wrote "With its this-is-really-happening vibe, 'Paranormal Activity' scrapes away 30 years of encrusted nightmare clichés. The fear is real, all right, because the fear is really in you."Overall, the film has earned a strong 85 percent approval rating at review aggregator Rotten Tomatoes. Moviegoers agree. Rajiim Gross, an iReporter who posted a review of the film, said he found "Paranormal Activity" to be much better than "Blair Witch Project," another indie-horror film to which it is being compared. Check out Rajiim Gross' iReport

"It actually scared the hell out of me," Gross said. "I saw it during the day and I would hate to be someone who went home after seeing it late at night." Gross said he believed the studio was smart to leverage the Internet to spread the word. "The best advertising is word of mouth," Gross said. "People tell 10 friends, they go see it and they tell 10 more friends and soon you have an entire community who wants to see it."Carr, whose Film School Rejects site has been following the frenzy, said the movie "gets inside of your head" and benefits from the traditional fan support that horror films often enjoy.

That, coupled with the big cinema thrills and chills, should add up to continued box office success, Carr said."Watching it with 250 strangers in a movie theater and getting everybody to jump at the same time definitely has an effect," he said. "It's the event film right now of the year, which is something that needs to be experienced."

Casey Says: This just shows how social media can really have a huge impact on lives. This movie shows that it's possible to make a low-budget film, spend less money on advertising, and still make a lot of money at the box office. By using social media such as Twitter and Youtube, this movie was able to promote itself in a quick, efficient, and cheap manner. This just shows that expensive advertising really isn't always needed when you can utilize social media sites to get people's attention.

John Stossel at ESC Communication Week 2009

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On Monday, October 12th, I attended the ESC Communication’s Week and listened to the featured speaker, John Stossel , speak at the Hughes Metropolitan Complex. John Stossel is an award-winning news correspondent and was a co-anchor of “20/20”. Stossel is best known for his recurring segments on “20/20” called “Give Me a Break” and “Family Fix”. In the near future, Stossel will be moving to the FOX Business Network where he hopes to begin having more creative and opinionated segments.On Monday night, Stossel spoke mostly on the government and different issues surrounding government spending and health care. He expressed his fears on how the government is spending Americans’ money. One thing that he mentioned was that American innovation is being stifled because of government regulation.

Another segment that he took time to discuss were the different ways that Americans die and that journalists report on. I found this kind of interesting. He provided different graphs showing these different statistics. One of the things that Americans are most afraid of are dying in a plane crash or in a terrorism act, but according to his statistics, these are some of the least common ways of dying. The most common way that American’s are dying are due to poverty. He explained that “wealthier” is “healthier” and that people in poverty are dying at higher rates because they can’t afford things such as fresh food, healthcare, and proper tires.

Stossel also spoke about his experience in journalism which is relevant for this last segment of class. He explained that after graduating, he had no idea what career he would pursue. He said that he just had to try something, take a leap of faith. Since then, he has had one of the most successful journalism careers, working alongside such journalists like Barbara Walters. Although not everyone may agree with his views on politics, I enjoyed listening to him speak.

New Twitter investors value it at $1 billion

Article written by: Hanah Cho, September 26, 2009, on the Chicago Tribune Web site

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Baltimore money manager T. Rowe Price Group is one of two new investors in social micro-blogging site Twitter Inc., which has lined up new financing.

Twitter's founders seem determined to raise it without a corporate parent. Twitter has lined up $100 million to finance its operations while founders Evan Williams and Biz Stone plot ways to make money off one of the Internet's most popular communications tools.

The investment values the 3-year-old company at $1 billion, even though it has yet to generate any meaningful revenue, let alone profits.

Twitter itself didn't provide specifics about the investment, saying only it involved a significant sum. A person with knowledge of the negotiations confirmed the amounts to the Associated Press on condition of anonymity because the parties had agreed not to announce the details.

Williams and Stone declined an interview request.

The latest stakes were sold to three of Twitter's earlier investors - Benchmark Capital, Institutional Venture Partners and Spark Capital - and two new shareholders, Insight Venture Partners and T. Rowe Price.

Price spokeswoman Heather McDonald said the asset manager made the investment on behalf of its clients through its mutual funds and related accounts. The amount was not disclosed.

San Francisco-based Twitter had previously raised $55 million, with the latest infusion of $35 million coming just seven months ago.

With so much money in the bank, Twitter now has the means to buy more computers and keep improving the reliability of its outage-prone service. It can expand its work force of 60 employees without feeling pressure to sell to a larger company.

Twitter has more than 54 million worldwide users who share their thoughts, activities, Web links and other information in messages no longer than 140 characters. Just a year ago, only 4 million people were "tweeting" - the term commonly used to describe the messages on Twitter. By 2013, Twitter hopes to have 1 billion users, making its service "the pulse of the planet," according to internal company documents leaked on the Internet this summer.

Casey says: I'm not sure if I believe Twitter should be valued at $ 1 billion, but what do I know. I think this is a rather high amount for a web site like Twitter. These high hopes for Twitter, such as having 1 billion users by 2013, are a little unrealistic in my opinion. Sure Twitter is one of the most popular social networking sites for today's society, but whose to say that another social networking site won't come along in the next year or so and become even more popular. Twitter has been around for what 3 years? In my own personal opinion, I think that there will probably be another phenomenon to come along which will probably decrease Twitter's popularity making it not worth a $1 billion investment.

Link to article: http://www.chicagotribune.com/topic/bal-bz.twitter26sep26,0,6265040.story?obref=obnetwork

Fiber Optics, Imaging Pioneers Win Physics Nobel

Article written by: Richard Harris, October 6, 2009, Article on npr.org

This year's Nobel Prize in Physics will be shared by three scientists who created revolutionary technologies decades ago that have changed our world today. Half of the $1.4 million prize will go to a man who invented fiber optics, which transmit data using light. The other half goes to two engineers who came up with the technology at the heart of digital cameras.

Charge-Coupled Device

In the autumn of 1969, Willard Boyle and George Smith stood at a blackboard at Bell Labs in New Jersey. They were trying to brainstorm a new type of computer memory. What they came up with was an invention called a charge-coupled device, or CCD. Immediately, they realized the device they invented could be used to capture images digitally, instead of on film.

In fact, CCDs never took off for data storage, but now they are everywhere. The technology was eagerly adopted by the military, which was interested in beaming pictures back to Earth from spy satellites. And today, CCDs are inside interplanetary probes, medical devices and digital cameras, from the one on your cell phone to the one on Hubble.

Boyle, 85, and Smith, 79, have been honored several times for their invention of the CCD. Most recently, they were awarded the prestigious Charles Stark Draper Prize from the National Academy of Engineering in 2006.

Willard Boyle and George Smith demonstrating a video camera that uses a CCD sensor.

When Smith was contacted at his home in New Jersey on Tuesday morning, he said that he wasn't totally shocked to receive the Nobel after the list of other prizes the pair has been awarded for the CCD. Of the partnership with Boyle, he said the two were friends as well as award-winning research partners.

"We were just good friends and frequently got together to kick ideas around, just the two of us, for the heck of it. We established several other patents together as well," Smith said.

Fiber Optics

 

The other half of the prize will go to Shanghai-born scientist Charles Kao, 75. In 1966, he developed fiber-optic cables — glass fibers that carry huge amounts of information in the form of light rather than electricity.

Physicist Charles Kao

Today, we depend on fiber-optic cables as phone lines and the backbone of the Internet. Fiber optics are so widely used that, according to the Nobel committee, there's enough fiber-optic cable on the planet to wrap around the Earth 25,000 times.

A statement released by the Chinese University of Hong Kong, where Kao served as vice chancellor, detailed his response to receiving the Nobel.

"I am absolutely speechless and never expected such an honor," said Kao. "Fiber optics has changed the world of information so much in these last 40 years. It certainly is due to the fiber optical networks that the news has traveled so fast."

Casey Says: I thought that this article was was worth posting because of it's relevance in technological advances. I had no idea that both the digital photo and fiber optic concepts were developed back in the 60's. These three men changed the way in which our world works in so many ways. It's hard to imagine what our lives would be like without technological inventions such as these. Also, I thought it was interesting how there's so much fiber optic cable laid on the planet that it could wrap around the world 25,000 times.

Link to article: http://www.npr.org/templates/story/story.php?storyId=113527362&ft=1&f=1003