http://www.economist.com/news/21697812-worlds-most-valuable-company-reported-its-first-year-year-quarterly-revenue-decline
Apple’s biggest problem is its past success. It is the most valuable company in the world by market capitalisation because investors believe the firm can make new technologies popular. Mr Cook, who took over as chief executive in 2011, soon before the death of the firm’s co-founder, Steve Jobs, has led Apple competently. But there are lingering doubts about whether he can produce the sort of smash for which Jobs was so feted.
Friday, April 29, 2016
Friday, April 22, 2016
Europe v Google
http://www.economist.com/news/business/21697193-european-commission-going-after-google-againthis-time-better-chance
On the face of it, putting Android at the centre of an antitrust case seems silly. It faces competition from iOS, Apple’s mobile operating system. It is also “open-source”, meaning any hardware-maker can adapt the program as needed and install it on its devices for nothing. Yet since Apple doesn’t license its software to other smartphone and tablet brands, they are stuck with Android. And to be able to offer commercially viable products, it helps to pre-install some of Google’s popular apps, particularly Google Play, which is the dominant app store for Android.
On the face of it, putting Android at the centre of an antitrust case seems silly. It faces competition from iOS, Apple’s mobile operating system. It is also “open-source”, meaning any hardware-maker can adapt the program as needed and install it on its devices for nothing. Yet since Apple doesn’t license its software to other smartphone and tablet brands, they are stuck with Android. And to be able to offer commercially viable products, it helps to pre-install some of Google’s popular apps, particularly Google Play, which is the dominant app store for Android.
Monday, April 18, 2016
Can the web save the press from oblivion?
http://www.theguardian.com/media/2016/apr/17/can-internet-save-printed-press-blendle-lumi
Newspapers have been battered by the internet. But the industry could be about to fight back – with help from websites that aim to be the iTunes of journalism
Newspapers have been battered by the internet. But the industry could be about to fight back – with help from websites that aim to be the iTunes of journalism
Saturday, April 16, 2016
What happens to our online selves when we die?
http://www.ft.com/intl/cms/s/2/923bbd88-0225-11e6-ac98-3c15a1aa2e62.html
On March 19, Anna Sergeeva, a beautician working in Dubai, took a cheerful selfie from her seat on a plane that would crash in Russia a few hours later, killing everyone on board. She uploaded the photo to her social media profile, and the image has since circulated widely online. We see some of the outfit she chose for the flight: a comfortable light grey hoodie with a soft grey T-shirt to match. Her expression contains that archetypal selfie blend of coyness, good humour and subtle doubt.
Friday, April 15, 2016
More people are paying to stream music, but the industry is still wobbly
http://www.economist.com/news/business/21696962-more-people-are-paying-stream-music-industry-still-wobbly-scales-dropped
Until now. Growth in the digital streaming of music helped industry revenues to expand by 3.2%, to $15 billion, last year. That was the fastest rate since 1998, according to IFPI, a trade body (revenues also increased by a smidgen in 2012; see chart). The largest piece of the market was digital, with 45% of the total, whereas demand for those CDs continued to fall: physical goods accounted for just 39% of sales. Subscription-based streaming services like Spotify, Deezer and Apple Music proved especially successful, as the fastest-growing category: last year revenues from these rose by 59%, to more than $2.3 billion. Digital downloads on services like iTunes (which slice up albums into 99-cent individual tracks) accounted for $3 billion of sales, though that represented a decline of 10.5% on the year before. The music industry looks increasingly likely to be defined by services like Spotify, weightless but not cashless.
Until now. Growth in the digital streaming of music helped industry revenues to expand by 3.2%, to $15 billion, last year. That was the fastest rate since 1998, according to IFPI, a trade body (revenues also increased by a smidgen in 2012; see chart). The largest piece of the market was digital, with 45% of the total, whereas demand for those CDs continued to fall: physical goods accounted for just 39% of sales. Subscription-based streaming services like Spotify, Deezer and Apple Music proved especially successful, as the fastest-growing category: last year revenues from these rose by 59%, to more than $2.3 billion. Digital downloads on services like iTunes (which slice up albums into 99-cent individual tracks) accounted for $3 billion of sales, though that represented a decline of 10.5% on the year before. The music industry looks increasingly likely to be defined by services like Spotify, weightless but not cashless.
Bid by the Daily Mail for Yahoo may make sense
http://www.economist.com/news/business/21696947-potential-bid-daily-mail-yahoo-may-make-sense-mails-got-you
The strategy of the Daily Mail runs against conventional wisdom in digital media. Home pages of websites matter less than before. Many news sites have ceded the job of distributing content to Facebook, Snapchat, Twitter and other platforms. But organisations that let Facebook and others publish their stories risk losing their ability to profit from them. The Mail uses its home page as a distribution hub, helped along by its titillating “sidebar of shame”, which features celebrity gossip and racy photos on continuous refresh. Since 2012 it has claimed the title of the world’s most-visited English language news site. It now attracts an estimated 220m monthly unique visitors to its various sites around the world, including Mail Online in Britain.
The strategy of the Daily Mail runs against conventional wisdom in digital media. Home pages of websites matter less than before. Many news sites have ceded the job of distributing content to Facebook, Snapchat, Twitter and other platforms. But organisations that let Facebook and others publish their stories risk losing their ability to profit from them. The Mail uses its home page as a distribution hub, helped along by its titillating “sidebar of shame”, which features celebrity gossip and racy photos on continuous refresh. Since 2012 it has claimed the title of the world’s most-visited English language news site. It now attracts an estimated 220m monthly unique visitors to its various sites around the world, including Mail Online in Britain.
Thursday, April 14, 2016
The sexualisation of men—not women—in film has worsened
http://www.economist.com/blogs/prospero/2016/04/inequality-screen
The Annenberg report offers some interesting insights into why this ‘hypersexualisation’ discrepancy is so marked. When a female producer is on board, female characters are much less likely to be depicted in sexually revealing clothing (26.4%, rather than 35.9%) or with nudity (25.1%, instead of 33.3%). So too, films that have at least one female screenwriter as part of the production team feature a higher percentage of girls and women in significant roles (34.8%) than teams that only have male screenwriters (25.9%). They note that female producers or writers may have been purposefully hired for “female-driven stories” that focus on areas more diverse than romance, or that female writers may “write what they know” and thus put women at the forefront of their narratives.
The Annenberg report offers some interesting insights into why this ‘hypersexualisation’ discrepancy is so marked. When a female producer is on board, female characters are much less likely to be depicted in sexually revealing clothing (26.4%, rather than 35.9%) or with nudity (25.1%, instead of 33.3%). So too, films that have at least one female screenwriter as part of the production team feature a higher percentage of girls and women in significant roles (34.8%) than teams that only have male screenwriters (25.9%). They note that female producers or writers may have been purposefully hired for “female-driven stories” that focus on areas more diverse than romance, or that female writers may “write what they know” and thus put women at the forefront of their narratives.
Monday, April 11, 2016
Sunday, April 10, 2016
128 Things that will disappear in the driverless car era
http://www.futuristspeaker.com/2016/04/128-things-that-will-disappear-in-the-driverless-car-era/
- 57. Steering wheels
- 58. Gas pedals
- 59. Talking GPS
- 60. Dashboards for drivers
- 61. Spare tires
- 62. License plates
- 63. Seatbelts
- 64. Odometers
Saturday, April 9, 2016
Older consumers will reshape the business landscape ~ Economist
http://www.economist.com/news/business/21696539-older-consumers-will-reshape-business-landscape-grey-market
Yet this is only the early stages of a revolution. Baby-boomers have spent their lives making noise and demanding attention. They are not going to stop now. They will be the biggest and richest group of pensioners in history. They will also be the longest lived: many will spend more time in retirement than they did working. The baby-boomers have changed everything they have touched since their teenage years, leaving behind them a trail of inventions, from pop culture to two-career families. Retirement is next on the list.
Yet this is only the early stages of a revolution. Baby-boomers have spent their lives making noise and demanding attention. They are not going to stop now. They will be the biggest and richest group of pensioners in history. They will also be the longest lived: many will spend more time in retirement than they did working. The baby-boomers have changed everything they have touched since their teenage years, leaving behind them a trail of inventions, from pop culture to two-career families. Retirement is next on the list.
Friday, April 8, 2016
Russia: Putin’s balance sheet ~ FT
https://next.ft.com/content/cbeae0fc-f048-11e5-9f20-c3a047354386
Sanctions and a falling oil price threaten to derail economic progress amid fears of a return to the chaos of the 1990s
Sanctions and a falling oil price threaten to derail economic progress amid fears of a return to the chaos of the 1990s
Thursday, April 7, 2016
The new face of Facebook ~ The Economist
http://www.economist.com/news/briefing/21696507-social-network-has-turned-itself-one-worlds-most-influential-technology-giants
Facebook takes up 22% of the internet time Americans spend on mobile devices, compared with 11% on Google search and YouTube combined, according to Nielsen, a research firm. As a result it has more data about more users than almost any other company in history. It has used that advantage to become one of the most powerful forces in the advertising business. Its revenues have more than doubled in two years, to $18 billion in 2015.
Facebook takes up 22% of the internet time Americans spend on mobile devices, compared with 11% on Google search and YouTube combined, according to Nielsen, a research firm. As a result it has more data about more users than almost any other company in history. It has used that advantage to become one of the most powerful forces in the advertising business. Its revenues have more than doubled in two years, to $18 billion in 2015.
The Panama papers: a torrential leak ~ The Economist
http://www.economist.com/news/international/21696497-huge-trove-documents-has-revealed-secrets-offshore-business-presaging-tougher
The affair is also a qualified triumph for a new model of investigative reporting. The ICIJ enlisted some 400 journalists to help it sift the data dump, which they did using a bespoke search engine. It picked some odd collaborators: in America it chose to work with the Charlotte Observer and Fusion, a news site for millennials, rather than, say, the New York Times. Still, many eyes meant less was missed. And distributed journalism of this kind is almost impossible to censor or stop.
http://www.theguardian.com/news/commentisfree/2016/apr/06/simon-jenkins-power-of-press-panama-papers-investigative-journalists
The affair is also a qualified triumph for a new model of investigative reporting. The ICIJ enlisted some 400 journalists to help it sift the data dump, which they did using a bespoke search engine. It picked some odd collaborators: in America it chose to work with the Charlotte Observer and Fusion, a news site for millennials, rather than, say, the New York Times. Still, many eyes meant less was missed. And distributed journalism of this kind is almost impossible to censor or stop.
http://www.theguardian.com/news/commentisfree/2016/apr/06/simon-jenkins-power-of-press-panama-papers-investigative-journalists
Genius by numbers: why Hollywood maths movies don't add up
http://www.theguardian.com/film/2016/apr/06/mathematics-movies-the-man-who-knew-infinity
In A Beautiful Mind (2001), for instance, Russell Crowe, playing troubled maths star John Forbes Nash Jr, writes formulae on his dorm window. This scene is echoed in The Social Network (2010), where Andrew Garfield sets out the equations for Facebook’s business model on a Harvard window while Jesse Eisenberg’s Mark Zuckerberg looks on. In the opening scene of Good Will Hunting (1997), janitor prodigy Matt Damon writes equations on a bathroom mirror.
In A Beautiful Mind (2001), for instance, Russell Crowe, playing troubled maths star John Forbes Nash Jr, writes formulae on his dorm window. This scene is echoed in The Social Network (2010), where Andrew Garfield sets out the equations for Facebook’s business model on a Harvard window while Jesse Eisenberg’s Mark Zuckerberg looks on. In the opening scene of Good Will Hunting (1997), janitor prodigy Matt Damon writes equations on a bathroom mirror.
Tuesday, April 5, 2016
Mikhail Lesin’s Strange Death in U.S. Follows a Fall From Russia’s Elite
http://www.nytimes.stfi.re/2016/04/03/us/mikhail-lesins-strange-death-in-us-follows-a-fall-from-russias-elite.html?smid=tw-share&_r=3&sf=gnzyxv
Photo
Photo
Mr. Lesin’s son, Anton, began to make his mark in Hollywood not long after. The son, who Anglicized his name to Lessine, and a partner, Sasha Shapiro, formed a film-financing company called Media Content Capital. And in 2012, they acquired a controlling stake in QED International, a film production and distribution company founded in 2002 by Bill Block, for $25 million. The company has since produced a series of major movies such as “Fading Gigolo,” with John Turturro and Woody Allen; “Fury,” with Brad Pitt; and, most recently, “Dirty Grandpa” with Robert De Niro and Zac Efron.
Monday, April 4, 2016
Хлеба и зрелищ ~ The Ring and the Rings: Vladimir Putin's Mafia Olympics
http://www.theguardian.com/sport/2013/jun/18/putin-kraft-superbowl-ring-sochi-winter-olympics
According to a detailed report issued by Russian opposition leaders in May, businessmen and various consiglieres of Putin have stolen up to $30bn from funds intended for Olympic preparations. This has pushed the cost of the winter games, historically far less expensive than their summer counterpart to over $50bn, more than four times the original estimate. That $50bn price tag would make them the most expensive games in history, more costly than the previous twenty-one winter games combined. It's a price tag higher than even than the 2008 pre-global recession summer spectacle in Beijing.
But Putin – not unlike the decaying Mafia itself – isn't nearly as ruthlessly efficient as his legend suggests. For evidence of this, we don't even have to leave the world of sports. I'm referring to the billions in disappeared "spending" for the 2014 Winter Olympics, to be held – for reasons that boggle the mind – in the humid, subtropical Russian resort city of Sochi.
According to a detailed report issued by Russian opposition leaders in May, businessmen and various consiglieres of Putin have stolen up to $30bn from funds intended for Olympic preparations. This has pushed the cost of the winter games, historically far less expensive than their summer counterpart to over $50bn, more than four times the original estimate. That $50bn price tag would make them the most expensive games in history, more costly than the previous twenty-one winter games combined. It's a price tag higher than even than the 2008 pre-global recession summer spectacle in Beijing.
Sunday, April 3, 2016
Putin’s Panama Papers Caper
http://www.thedailybeast.com/articles/2016/04/04/putin-s-panama-papers-caper.html
Perhaps most surprising of all the Panama Papers’ Russian revelations is the role that a St. Petersburg cellist and musical director has played in controlling a good chunk of Putin’s personal fortune. Fittingly, the man is also Putin’s best friend and godfather to his first-born daughter, Maria. Sergei Roldugin was previously known to own 3.2 percent of Bank Rossiya’s shares. He has now been outed as raking in $9.2 million a year and keeping $27 million in cash via a hitherto undocumented 12.5 percent stake in Video International, Russia’s largest advertising agency, which at one point controlled 70 percent of the country’s ad market. Video International was founded by Mikhail Lesin, Putin’s former press minister, who turned up dead last November in a Dupont Circle hotel in Washington, D.C., the result of “blunt force injuries of the head” and “the neck, torso, upper extremities, and lower extremities,” as the city medical examiner announced months later.
What the World is Watching ~ 1843 Magazine
https://www.1843magazine.com/culture/what-the-world-is-watching
ITALY
“Suburra”, an orgy of murder, blackmail, suicide and political corruption, was not the highest-grossing Italian film last year, but it was certainly the most talked about. Seemingly improbable, the plot nevertheless echoes real-life revelations about the reach of organised crime in contemporary Rome. Netflix is turning “Suburra” into a ten-part series, its first Italian production.
“Suburra”, an orgy of murder, blackmail, suicide and political corruption, was not the highest-grossing Italian film last year, but it was certainly the most talked about. Seemingly improbable, the plot nevertheless echoes real-life revelations about the reach of organised crime in contemporary Rome. Netflix is turning “Suburra” into a ten-part series, its first Italian production.
SOUTH AFRICA
“Our Perfect Wedding” follows young couples getting married with traditional flair, from Tsonga dance moves to Zulu-style veils and lobola (bride price) negotiations – all of it dissected with glee by South Africans on Twitter when the programme airs every Sunday night. But some episodes have taken disturbing turns, like the one in which a taxi driver boasts about sleeping with schoolgirls – shocking in a country with disturbingly high levels of rape.
“Our Perfect Wedding” follows young couples getting married with traditional flair, from Tsonga dance moves to Zulu-style veils and lobola (bride price) negotiations – all of it dissected with glee by South Africans on Twitter when the programme airs every Sunday night. But some episodes have taken disturbing turns, like the one in which a taxi driver boasts about sleeping with schoolgirls – shocking in a country with disturbingly high levels of rape.
FRANCE
On the big screen, for all its cultural subsidies, France cannot withstand the force of Hollywood or the “Star Wars” franchise: 55% of ticket sales last year were for American movies. But fresh French-made drama, inspired by HBO-style productions, is thriving on TV, and all eyes are on a crime-and-politics series, “Marseille”, Netflix’s first French drama, airing in May and starring Gérard Depardieu.
On the big screen, for all its cultural subsidies, France cannot withstand the force of Hollywood or the “Star Wars” franchise: 55% of ticket sales last year were for American movies. But fresh French-made drama, inspired by HBO-style productions, is thriving on TV, and all eyes are on a crime-and-politics series, “Marseille”, Netflix’s first French drama, airing in May and starring Gérard Depardieu.
JAPAN
“Asa ga Kita” (“Here Comes the Morning”) is a popular television drama series made by NHK, Japan’s public-service broadcaster, based on the story of Asako Hirooka, a businesswoman whose life straddled Japan’s transition from feudalism to capitalism. Her story resonates with contemporary viewers looking for female models during another period of uncertainty and change.
AMERICA
A TV show about a greying patriarch who is finally ready to live as a transgender woman is clearly of the moment. But “Transparent”, an award-winning series from Jill Soloway, made by Amazon and now in its second season, is not merely a timely meditation on gender, but also a tender portrait of an ageing Californian family struggling with growing pains. As the brave, bewigged Maura Pfefferman, Jeffrey Tambor is particularly poignant.
“Asa ga Kita” (“Here Comes the Morning”) is a popular television drama series made by NHK, Japan’s public-service broadcaster, based on the story of Asako Hirooka, a businesswoman whose life straddled Japan’s transition from feudalism to capitalism. Her story resonates with contemporary viewers looking for female models during another period of uncertainty and change.
AMERICA
A TV show about a greying patriarch who is finally ready to live as a transgender woman is clearly of the moment. But “Transparent”, an award-winning series from Jill Soloway, made by Amazon and now in its second season, is not merely a timely meditation on gender, but also a tender portrait of an ageing Californian family struggling with growing pains. As the brave, bewigged Maura Pfefferman, Jeffrey Tambor is particularly poignant.
RUSSIA
Viewers have lapped up a new TV adaptation of the Nobel Prize-winning Soviet epic “Tikhiy Don” (“And Quiet Flows the Don”), which tells the tale of Russia’s Cossacks during the first world war, the revolution and the civil war. The four-volume novel, supposedly written by Mikhail Sholokhov between 1925 and 1940, has been the subject of fierce debate in Russian literary circles, with many questioning whether the poorly educated Sholokhov was indeed the real or sole author.
Viewers have lapped up a new TV adaptation of the Nobel Prize-winning Soviet epic “Tikhiy Don” (“And Quiet Flows the Don”), which tells the tale of Russia’s Cossacks during the first world war, the revolution and the civil war. The four-volume novel, supposedly written by Mikhail Sholokhov between 1925 and 1940, has been the subject of fierce debate in Russian literary circles, with many questioning whether the poorly educated Sholokhov was indeed the real or sole author.
Saturday, April 2, 2016
The Kremlin's latest propaganda bogeymen: cartoon Scottish wizards and rip-off Harry Potters
http://www.heraldscotland.stfi.re/NEWS/14338622.The_Kremlin_s_Latest_Propaganda_Bogeymen__Cartoon_Scottish_Wizards_And_Rip_Off_Harry_Potters/?commentSort=score&sf=wrnprx
The movie, Kids against the Sorcerers, pitches patriotic and devoutly Orthodox Christian Russian school children in to a terrifying battle with occultist Scots backed by - as surreal as this may sound - Nato navies
The movie, Kids against the Sorcerers, pitches patriotic and devoutly Orthodox Christian Russian school children in to a terrifying battle with occultist Scots backed by - as surreal as this may sound - Nato navies
Hello! magazine apologises to George Clooney for 'fabricated exclusive interview'
http://www.telegraph.co.uk/news/2016/04/01/hello-magazine-apologises-to-george-clooney-for-fabricated-exclu/
"In my experience, being misquoted is not unusual but to have an 'exclusive interview' completely fabricated is something new. And a very disturbing trend."
http://www.theguardian.com/film/shortcuts/2016/jan/24/geoge-clooney-centre-of-coffee-fuelled-row-nespresso
"In my experience, being misquoted is not unusual but to have an 'exclusive interview' completely fabricated is something new. And a very disturbing trend."
http://www.theguardian.com/film/shortcuts/2016/jan/24/geoge-clooney-centre-of-coffee-fuelled-row-nespresso
Can Putin’s Professional Hockey League Challenge the NHL?
http://foreignpolicy.com/2016/04/01/the-troubled-rebirth-of-russian-hockey-kontinental-hockey-league-playoffs/
The Kontinental Hockey League was created eight years ago, when 24 teams from Russia and neighboring countries joined forces, replacing the Russian Superleague. (The Superleague, comprised of 20 teams, was a replacement for the Soviet Championship League, which fell apart in 1992, a year after the Soviet Union itself.) Although the Russian Superleague played fine hockey — by some accounts inferior only to North America’s NHL — it lacked meaty salaries, which meant its players were vulnerable to poaching. Indeed, according to the Russian sports news site Sports.ru, several years ago Putin called the NHL a “vacuum cleaner” that sucked up all of Europe’s good players.
http://www.economist.com/blogs/economist-explains/2015/05/economist-explains-25
The Kontinental Hockey League was created eight years ago, when 24 teams from Russia and neighboring countries joined forces, replacing the Russian Superleague. (The Superleague, comprised of 20 teams, was a replacement for the Soviet Championship League, which fell apart in 1992, a year after the Soviet Union itself.) Although the Russian Superleague played fine hockey — by some accounts inferior only to North America’s NHL — it lacked meaty salaries, which meant its players were vulnerable to poaching. Indeed, according to the Russian sports news site Sports.ru, several years ago Putin called the NHL a “vacuum cleaner” that sucked up all of Europe’s good players.
http://www.economist.com/blogs/economist-explains/2015/05/economist-explains-25
Friday, April 1, 2016
Wedding singer Sting witnesses that the Russians love their children too
http://www.theguardian.com/music/lostinshowbiz/2016/apr/01/wedding-singer-sting-russians-love-their-children-too
All in all, this is my favourite “off-diary” Sting gig since he took a million to perform for a family literally accused of boiling its enemies. That was back in 2010, when he got in a little metaphorical hot water himself for pitching up in Uzbekistan to collect a large cheque from the daughter of presidential tyrant Islam Karimov, whose horrors are deplored almost hourly by the UN, Amnesty and those generally against things such as the slaughter of innocents, the 80% draining of an entire sea, and boasting the world’s second-highest rate of human slavery.
All in all, this is my favourite “off-diary” Sting gig since he took a million to perform for a family literally accused of boiling its enemies. That was back in 2010, when he got in a little metaphorical hot water himself for pitching up in Uzbekistan to collect a large cheque from the daughter of presidential tyrant Islam Karimov, whose horrors are deplored almost hourly by the UN, Amnesty and those generally against things such as the slaughter of innocents, the 80% draining of an entire sea, and boasting the world’s second-highest rate of human slavery.
Subscribe to:
Posts (Atom)