business model
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Free: It Works, It Cries, It Bites
Chris Anderson's new book, Free: The Future of a Radical Price (available for free in text form and as an audio book), is stirring controversy and a spicy conversation around the blogosphere. The current wave of discussion started with a critical review by Malcolm Gladwell in the New Yorker. In his review, Gladwell defends journalism and goes negative on "Free." Seth Godin, who till then had stayed out of the debate, penned an instantly classic Godin post titled "Malcolm is wrong."
Mike Masnick followed on TechDirt with an insightful post in which he attributes some of Gladwell's confusion to the way that Anderson wrote the book. Masnick says that the book does not provide enough details on the mechanics and applications of Free. (I haven't read the book, so I can't comment on that.) Fred Wilson joined the conversation with a sharply delivered post on Freemium and Freeconomics. He gives examples of the kinds of Free that actually work.
How Japanese Newspapers are Trying to Save Themselves
Hint: They're Using iPhone Apps
The newspaper industry is in a downward death spiral, having been severely impacted by new technologies, the ubiquity of internet access, and a rise in citizen journalism. Here in the U.S., some papers are filing for bankruptcy, others are close to doing the same, and there's even a proposal to give the newspaper industry a bailout plan of its own. Elsewhere in the world, it's more of the same. In Japan though, the country's high population of elderly citizens is keeping the papers afloat...for now, at least. But like everywhere else, they will soon have to face the future: young people don't do newsprint.
Twitter May Have Found Its Business Model
Twitter...what is it good for? It turns out this little service is good for a whole lot of things, despite the loud objections of people who've never really tried it. Even among true believers, though, it's been hard to figure out how this much loved company is going to afford to stay alive. How will Twitter make money?
A number of people noticed a new change made to Twitter today that could show just how it's going to happen. Of course this is just speculation, but we believe it's a pretty good guess that this could be what goes down.
