<![CDATA[Gawker: valleywag, bad ideas]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, bad ideas]]> http://gawker.com/tag/valleywag/badideas http://gawker.com/tag/valleywag/badideas <![CDATA[Monuments to Hubris: The New Tech HQs That Harbinger Doom]]> Historically, big tech companies start building new gigantic corporate campus instead right before they implode. Oh, look: Yahoo's drawing up plans for a 42-acre project and hadn't laying off thousands of workers.

Yahoo's proposed new HQ in the Silicon Valley town of Santa Clara would be big enough to house 7,000 additional staff, according to former Valleywag Nicholas Carlson, at Business Insider. The company continues to try and push permits for the plan through the city's approval process despite plenty of available office space in existing Silicon Valley buildings.

We've seen this movie before. It does not end well:

It's worth noting that Yahoo's plans have been underway since three years ago, when the company bought the land in question for $112 million. Seasoned real estate developers know it often makes more sense to obtain city approvals before canceling a project, since the approvals can usually be transferred to a new owner, making the underlying land more valuable. So Bartz is not necessarily at fault for Yahoo's hubristic plans. But that doesn't make her any less likely to be the victim of what they portend.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5393655&view=rss&microfeed=true
<![CDATA[AP's Betting the Farm Microsoft Will Crush Google]]> The Associated Press, self-declared enemy of internet evildoers, says it has seen some awesome new Microsoft search technology — top secret stuff — that will return its content to a position of total world domination. Google is so history.

According to Harvard's Nieman Journalism Lab, AP CEO Tim Curley (pictured) recently let slip at a Hong Kong gathering of journalists that the AP hasn't even talked to Google as part of its complete overhaul of the way it syndicates content online. Why bother, when Microsoft is clearly so lethally good, online? "They know how to have a conversation," for one, unlike a certain other tech giant, plus they gave AP this, just, killer demo:

Microsoft this month has some new technology that it's unveiling that will be much more visually dramatic than anything you've seen before. Multimedia in ways you haven't thought about yet. We've seen it, we've seen the technology.

Oh, and Microsoft also just happens to have basically promised to give AP top ranking — "privileging" their content, as Nieman puts it — over other sources reporting the same news. Never mind if other sources add information to a linked AP story, or generate lots of buzz by using an AP link to launch an in-depth opinion piece. Quality = AP, always. Which is why Microsoft Bing will rule the internet, real soon now. What could possibly go wrong?

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5378199&view=rss&microfeed=true
<![CDATA[Amazon's Very Big, Very Small Kindle Expansion]]> Amazon's a modern day Don Quixote. The company will expand its Kindle service across the globe, but won't look past the device's book-related origins. No touchscreen here. And, thus, no competition for Apple's forthcoming tablet. Silly Jeff Bezos! [Reuters]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5376019&view=rss&microfeed=true
<![CDATA[Despite the Odds, Huffington Trying Hand at DC Drama]]> Is there anything Arianna Huffington can't do? Well, we'll all see, for the Internet queen's about to jump into prime time television. And, of course, she;s not jumping too far from her roots.

The Hollywood Reporter passes on word that Huffington has joined forces with How I Met Your Mother executive producer Greg Malins to concoct a new ABC series about three newbie Congressional members trying to make their way in our nation's capital:

The 20th Century Fox TV-produced project centers on the friendship of three freshman members of Congress — two men and a woman — who live together in D.C.

"One is swept up in the movement of change and goes to D.C. to make a difference; one has been in politics for a long time; and one is a master of the media and sound bites," Malins said.

The project will draw inspiration from real-life Washington figures.

Apparently Malins and company think DC is the hottest ticket in Hollywood. You know, because Barack Obama has made the District cool again. But has it really?

A number of DC-based shows tried — and failed — to make it to the small screen this season, yet television big-wigs axed the ideas. And, honestly, we can't blame them. Our nation has become hyper-politicized and the very thought of a fictionalized account of our collective national struggle seems, at best, a lame attempt at zeitgeist-related desperation.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5360468&view=rss&microfeed=true
<![CDATA[Should Police Academy Alumni Direct Microsoft Ads? No.]]> The image associated with this post is best viewed using a browser.Microsoft has heard your pleas: it's pulled its "Worst Tech Commercial Ever," which tried to use a puking theme to sell Internet Explorer. And you'll never guess who the director was! You will never guess.

The spots did not come from Crispin Porter + Bogusky, Microsoft's edgy ad agency of record. Instead, they were from an agency called Bradley & Montgomery. And they were directed by Bobcat Goldthwait. Who said earlier this month:

The image associated with this post is best viewed using a browser.

I think they were trying to do something that was a little less mainstream, and I think that's (what led to) my involvement. Normally the corporate world is very frightened of hiring the dude from Police Academy to direct their stuff

A fear that was well-founded.
[Media Memo]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5306394&view=rss&microfeed=true
<![CDATA[Let's Screw Up the Entire Internet to Save Newspapers]]> The hot new idea among people who think about "journalism," and the sanctity thereof: let's ban linking, on the internet! Let's also ban wheels, in order to save the horse industry. Let's also ban talking about things!

This whole argument is premised on the assumption that we must save newspapers. At the cost of making the internet into an inefficient mess! So Richard Posner, professional smart man and US Appeals Court judge who writes 23,000 words per day, floated the idea of banning links (and more!), so internet cannibals don't keep stealing newspaper content for nothing:

Expanding copyright law to bar online access to copyrighted materials without the copyright holder's consent, or to bar linking to or paraphrasing copyrighted materials without the copyright holder's consent, might be necessary to keep free riding on content financed by online newspapers from so impairing the incentive to create costly news-gathering operations that news services like Reuters and the Associated Press would become the only professional, nongovernmental sources of news and opinion.

Periods, Richard Posner. Try them. To break up text. What you may notice here is that Posner proposes banning linking or paraphrasing copyrighted materials. The problem: this is America dude, we say what we fucking want, amirite?

You can copyright a news story, but you can't copyright the news. "The news" just means "things that happen in the world." What would it mean, in practice, to make it illegal to paraphrase a copyrighted news story? Summing up, for example, political events, or a sports controversy, or even a fashion trend, could be interpreted as paraphrasing copyrighted material. So let's ban talking about anything. And banning links will help us make our references even more obscure, by making it impossible for anyone to refer to source materials! Good idea, Posner. This gross oversimplification makes you look none too freedom-loving!

We all know journalism happens only at newspapers. Better to protect them at all costs than to invest in the murky "future."

This idea is supported by a newspaper columnist! Connie Schultz, a columnist for the Cleveland Plain-Dealer (who's married to a senator, btw, nothing to see here), also touts the idea of giving newspapers a 24-hour injunction on news they post, during which time it's all theirs, and can't be aggregated by others online.

Fine. You can have your injunction. But you can't stop anyone from discussing, and writing about, current events. As they happen. Go read all those "Twitter Generation" stories you guys are always writing! The idea that it's worth crippling the entire free flow of information on the internet in order to add to the bottom line of newspaper companies is prima facie idiotic. I guess you could also help save newspapers by passing a law that everyone has to buy one every day, or by making it illegal for TV news to exist. That doesn't make those things good ideas.

If Bill Gates pledged to make it so computers could not be operated properly until the user could prove they had read today's Cleveland Plain-Dealer that might save a reporter and he is a monster for not doing so, QED.
[Pic: Chronicling America]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5305503&view=rss&microfeed=true
<![CDATA[Omen That No One Will Pay for Twitter]]> The image associated with this post is best viewed using a browser.Ever feel like Twitter is just too, well, free? A new company allows you to pay for select tweets. To prove this is a terrible idea, fallen loudmouth banker Tim Sykes has jumped on board.

People are notoriously loathe to pay for well-researched original Web content, so you have to admire the chutzpah of Super Chirp, which is bravely going into the business of selling access to Twitterized brain farts. The company doesn't even have this sad market to itself.

What compelling, original content is Super Chirp launching with? A celebrity Twitter stream? Status updates from some nerd God?

Not quite. The standout among the scant debut offerings is a $10/month feed from Tim Sykes, former star of reality show Wall Street Warriors, who in 2007 ended his hedge fund career with foolish stock bets, earning the title "Trading's Buffoon" from the same publication that had once named him among Wall Street's hot "30 under 30."

Now a Twitter denizen, Sykes urges you to "screw it, sign up" for "real-time trade alerts form [sic] me." How can you resist?

Update: Sykes takes to Twitter (of course) to respond to this post: "Are people really so dense they can't see how valuable real-time info is? Bring it gossip columnists." Of course, his business partner Adarsh Pallian gives a more honest assessment: "@timothysykes on gawker and @pallian on techcrunch - not a bad press day."

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5283207&view=rss&microfeed=true
<![CDATA[Muammar Qaddafi More or Less Owns Your Links]]> Cool Web kids are fighting the plague of long Internet addresses "URL shrinkers" — quirky names like TinyURL and Is.gd. One of them, Bit.ly, just raised $2 million. Great news for Libyan strongman Muammar Qaddafi!

Sassy programmer Rogers Cadenhead points out the giant, Libya-shaped hole in Bit.ly's business plan: Libya controls all Internet domain names ending in ".ly". Right now, Bit.ly is only paying $75 a year to keep the address, but in theory, the Libyan government could reassign bit.ly to anyone it chooses.

Moreover, .ly domains are required to comply with Islamic sharia law. What Bit.ly does is take an existing web address and shorten it to a unique, random URL on bit.ly. It wouldn't be a stretch to imagine imams protesting Bit.ly linking to porn or gambling sites. And then where's Bit.ly's $2 million? Shortened indeed.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5192758&view=rss&microfeed=true
<![CDATA[Twitter No Longer All About the Art]]> Marcelo Tas is a Brazilian TV host described as "a tropical version of...Jon Stewart." But you could also describe him as "the first celebrity to trick a company into paying him for bullshit on Twitter."

Marcelo is pioneering the world of paid endorsements—on Twitter! Everything is different now. Here's how it works: people watch Marcelo on TV; they think he's funny and interesting; they follow him on Twitter; then, when he bizarrely busts out and recommends a specific new fiber optic internet service there, in Brazil, they'll all buy it, because hey, it's Marcelo!

In his first tweet mentioning Telefónica's service, Mr. Tas told his followers about a recent promotional event he hosted in São Paulo. "Xtreme event was fun, informative and full of insights," he wrote. "I loved it!"

We congratulate Mr. Tas on his new, creative way of soaking a corporation for its marketing budget. He should have gone into branding. [WSJ]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5175303&view=rss&microfeed=true
<![CDATA[3 reasons why Google's bookstore will be a disaster]]> The lovingly jumbled piles of books at Shakespeare & Co., the famous Paris bookstore, must madden Googlers. All that information, unorganized! In the wake of its $125 million settlement of a lawsuit filed by book publishers, Google is now thinking about turning its money-burning Book Search product into an online store. This will end badly.

Remember the Google Video Marketplace? Exactly. Launched months before Google bought YouTube, the video store required cumbersome copyright protections and was a nonstarter with consumers. Google closed the store last year, enraging the dozen or so people who'd actually bothered to buy videos.

And Google's Book Search operations are a disaster, overseen by Ramsey Allington, an unqualified IPO lottery winner who joined Google at the right time to get valuable stock options and social connections. He has made a mess of his department, driving out qualified female employees by being a sexist boor. Publishers would do well to steer clear of Google until he's gone.

Even if Google Book Search is placed under competent management, I doubt it will succeed. Google lacks a merchant's sensibility, trusting algorithms over salesmanship. But most people do not walk into a bookstore knowing what they are looking for. They seek serendipity — a quality that Googlers, with their overplanned vision of the world, hope to eliminate. There is beauty in an untidy stack of books. But a Stanford MBA's spreadsheets will never capture that.

(Photo via Paris Parfait)

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5070556&view=rss&microfeed=true
<![CDATA[Esther Dyson fails to factcheck her startups]]> The Valley's pundits believe that partisan bias is damage, and that the Internet can route around it. That's the conclusion I arrived at after hearing about Ameritocracy.com, a new startup aiming to have Internet users factcheck soundbites for free. Esther Dyson, the writer and startup investor, has joined it as an advisor, just in time for the vice-presidential debate Thursday night. "It bothers me to see people's random statements spread around the world with no quality control — and I like Ameritocracy's decentralized approach to providing that quality control," Dyson says in a press release. So that's what's plaguing politics — a lack of quality control! Dyson, who also invested in Flickr, is deluded to think crowdsourcing will work with opinions as well as it does with photographs. Anyone who's spent time on Wikipedia knows that a decentralized approach doesn't lead to the elimination of bias — it just guarantees that whoever has the most time to waste wins.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5057633&view=rss&microfeed=true
<![CDATA[Twittad lets you sell Twitter pages no one looks at]]> There is now an online ad network for Twitter backgrounds. Launched last week, ad startup Twittad allows Twitter users to sell their background image as ad space and charge advertisers based on how many followers they have. Back in June, Ian Schafer, the CEO of interactive agency Deep Focus, sold his Twitter background as advertising space for $1,082.01. Ridiculous, we thought — since the background only appears when Twitter users visit the company's website to look at another user's profile, or read a specific message on the website. Twitter's website accounts for about 5 percent of the service's usage, and users mostly read pages with streams of all their friends' messages, on which individual backgrounds don't appear.

Never mind that! When Schafer sold his Twitter background, Commenter Gregnog told us to quiet down and "just nod, smile and take the check." Well, Gregnog, wherever you are, now's your chance. Using Twittad, Rishi Lakhani, who has 305 Twitter followers, just sold the rights to choose his background image for the next 7 days for $30.00. Even if all 305 of those followers visited Rishil's page over the next seven days — and trust us, they won't — that's a fantastically high, unlikely to be repeated $100 CPM, or cost per thousand impressions. Most social networks are lucky to get a single-digit CPM.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5044439&view=rss&microfeed=true
<![CDATA[5 social networks Yahoo couldn't befriend]]> The soon-to-be-shuttered Yahoo Mash is not Yahoo's first failed social network. It's also not its second, third, or fourth. It took one whole hand for us to count Big Purple's failed attempts to get social, either through mergers or in-house development, below.

Born on March 16, 2005 as "an innovative and engaging way for people to share their lives, leverage their community and get the most out of their online experience," according to Yahoo's then-COO Dan Rosensweig, Yahoo 360 isn't technically dead yet. But it's proved unpopular enough for Yahoo to try to replace it at least four times with the social networks listed below.

Yahoo tried to replace 360 by offering $1 billion for Facebook in the summer of 2006. Mark Zuckerberg almost took the deal — but then Yahoo CEO Terry Semel scotched the deal by cutting the price. That's when Mark's sister Randi sang "Fuck you, Yahoo, they're going IPO!"

Yahoo began talks with also-ran social network Bebo, reportedly offering to buy it for $1 billion in May 2007. The deal never happened. AOL bought Bebo for $850 million earlier this year.

Less than a year ago came Yahoo Mash, a social network that allowed a user's friends to "mess" with each other's pages like they were Wikipedia entries. Eventually, Yahoo's Terrell Karlsten told Wired in October 2007, "it will become a feature inside other services. For example, it's possible that you'll log into Yahoo Mail and see your profile along with all of your friends' profiles in your contact list."

In November 2007, Yahoo launched a LInkedIn-like site for recent college graduates called Kickstart. But by January 2008, site lead Scott Gatz had already left the company and management began to cut Kickstart's marketing budget because no one was signing up.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5043576&view=rss&microfeed=true
<![CDATA[Google nixes Steve Chen's YouTube live video plan]]> In a moment of what now seems like irrational exuberance, YouTube cofounder Steve Chen declared that the popular online video site would add live video streaming this year. Not so fast, says Google. YouTube is already struggling with the concept of profitability, and according to an anonymous source cited by Silicon Alley Insider's Michael Learmonth, Chen's idea is a financial black hole:

YouTube execs estimated that if just 10 percent of the service's users took advantage of live streaming, the company would have to add 20 to 25 percent to its huge server and bandwidth infrastructure to support it.

Sounds like another sign that YouTube's popularity, while giving it a great position in the market, has become something of an Achilles' heel — every video played, every user added cost the company money, and neither creators or consumers are paying. Advertisers are only interested in a small percentage of videos on the site, and YouTube can't even sell all of that inventory. So adding new features such as live streams or improving quality would only serve to dig Google's $1.65 billion money pit even deeper. The episode is enlightening in one regard, though. It demonstrates how much influence YouTube's founders have at the company — little to none.

(Photo by Ben Cooper

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5036701&view=rss&microfeed=true
<![CDATA[The bubble in personal-finance websites]]> AOL has launched Walletpop, a personal-finance site; IAC and Dow Jones have FiLife; and TheStreet.com has MainStreet.com. All hope to attract a younger audience to personal-finance news than the conventional stock talk and online portfolios offered by the staid likes of Yahoo Finance and CNNMoney. The bets are wrong both in their timing and their premise. Stockbrokers and mortgage lenders, reliable advertisers during good times, are both ducking for cover and pulling back their budgets. Froth might have sustained these sites a couple of years ago, but not now. No matter when they launched, though, their proponents should have remembered this maxim: Financial advice, like youth itself, is wasted on the young.

Unsurprisingly, there's already signs of trouble. MainStreet has lost its launch editor, Caroline Waxler, amid a change of editorial direction. FiLife has ratcheted back its once-lofty ambitions. And WalletPop? One of a bevy of websites launched by AOL, which is desperate to find readers who are not turned off by that once-magical, now-deadly three-letter brand. With few prospects for attracting an audience or advertisers, will they not soon need financial advice of their own?

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5025609&view=rss&microfeed=true
<![CDATA[Why LinkedIn's getting into the insider-trading business]]> You'd think LinkedIn management, which has made no secret of its plans to take its automated schmoozefest public, would be trying to avoid trouble with the Securities and Exchange Commission. Not so. They're aggressively marketing the company's latest moneymaking scheme, LinkedIn Research, to hedge fund managers. The premise: Traders can use LinkedIn to find "experts" with "unique input" on public companies in their portfolio. What LinkedIn marketers delicately phrase as "input," SEC investigators might well call "inside information." And the only thing actionable about the whole affair might be the insider-trading charges that result.

Regulators frown on free communications between knowledgeable company executives and information-hungry investors. LinkedIn offers "compliance" tools, but those tools amount to letting the fox electronically monitor the henhouse. Hedgies surely realize this, and will see LinkedIn's lax policies as a selling point. (Other firms which connect investors with company insiders have, at some expense, created systems which allow the experts' employers, not just the investment firms, to monitor contacts.)

If it gets in trouble, LinkedIn will likely plea that it didn't know how its networking site was being used — the standard we're-just-a-platform dodge. But it will be hard to claim that for two reasons. First, LinkedIn is touting the account managers it's providing who will actively help traders use the service. Second, CEO Dan Nye previously worked at Advent Software, a company which provides portfolio-management software to Wall Street firms. It's not like he's unfamiliar with the SEC's disclosure and monitoring requirements. Rather, one has to think he knows just how expensive complying with those rules are, and that rejiggering LinkedIn's software to obey them will make LinkedIn Research a nonstarter.

It's not a stretch to imagine how an ambitious government prosecutor could make a case for LinkedIn aiding and abetting insider trading. The law doesn't even require that money change hands; exchanging inside information for a thumbs-up reference on LinkedIn could very well qualify as a breach of the rules.

But that assumes anyone in Washington or New York is paying attention. Unlikely, given the mortgage mess. LinkedIn will likely go public on the basis of its hedge fund-juiced revenues long before an overtaxed SEC gets around to looking at how, exactly, the avaricious traders of Greenwich are getting their information.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5020826&view=rss&microfeed=true
<![CDATA[TechCrunch's Erick Schonfeld to unleash world's worst startup pitches on the rest of us]]> When we worked together at Business 2.0, I always thought my then-colleague Erick Schonfeld was a bit of an evil genius. Now an editor at TechCrunch, Schonfeld hasn't proven me wrong. He's taking all of the boring startup spiels — "elevator pitches" — he gets from wantrepreneurs trooping through his office and turning them into content. All he has to do is sit back and hit "Record"; he doesn't actually have to do the critical thinking required to evaluate whether the ideas hold any promise, or even make sense. How boring is this idea? Look at David Carr from the New York Times, sitting two seats over from Schonfeld, who's fallen asleep just from listening to the idea. But I have no doubt this is the crowdsourced, video-enabled future of innovation journalism, folks.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5013205&view=rss&microfeed=true
<![CDATA[Robotic voices to express HP's disgust with customers]]> Its pretexting heyday may be over, but HP is apparently still not adverse to a little telephone trickery, as its pending patent for Text-to-Speech Conversion with Associated Mood Tag shows. In it, HP touts the use of VoiceXML to have a fake 18-year-old salesgirl register her disgust with customers who don't respond to offers.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=390418&view=rss&microfeed=true
<![CDATA[Facebook app spreads social disease to your friends]]> Beware MorphMonkey's invitations to morph you and a friend into love children on Facebook. The American Social Health Association has infected the MorphMonkey app with chlamydia, transmitted each time you make spawn with it. ASHA's video tutorial doesn't explain why Facebook condoms can't protect you from Facebook VD, or how the kids used to deal with virtual infections back in the days of AOL chatrooms and fingering each other's Unix .plan files, but it is sort of sexy in an afterschool special way:

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=386619&view=rss&microfeed=true
<![CDATA[Perez Hilton stars on "viral" hottie rating site to promote HIV awareness]]> PosOrNot.com, conceived as a public education campaign about HIV/AIDS, apes HotOrNot, asks visitors to the site to guess the HIV status of those pictured, based on photos and social network-style profile excerpts. Look, even professional hater Perez Hilton donated his image to the viral antiviral effort! Then again, encouraging testing using a faux dating site is probably wiser than a campaign to get Web-cruising users to disclose their status on a real hookup site, where everyone is allegedly very good looking.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=386237&view=rss&microfeed=true