<![CDATA[Gawker: valleywag, financial times]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, financial times]]> http://gawker.com/tag/valleywag/financialtimes http://gawker.com/tag/valleywag/financialtimes <![CDATA[Twitter, the Whiner's Best Friend!]]> Want to complain about someone? Media people who love to whine, from L.A. to Austin to Washington, all turn to Twitter to air their beefs. Gripes from a Ryan Seacrest wordsmith and others today:

Vanity Fair online editor Mike Hogan complained about the food at South By Southwest.

Washington Times columnist complained about a cell-phone using idiot at a White House press conference, whom she later identified as John Gizzi of Human Events.

Salon.com correspondent Mike Madden engaged in conversation with his readers.

Natalie Eshaya, a writer for Ryan Seacrest, outed her boss's drinking problem.

Chris Nuttall of the Financial Times experienced a moment of sheer geek panic.

See something worth noting on Twitter? Please email us your favorite tweets — or send us more Twitter usernames.

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<![CDATA[It Is Always Funny When British People Say 'Fags']]> What was comely Web-video starlet Veronica Belmont thinking about today? How about Chris Nuttall of the Financial Times? VentureBeat blogger Eric Eldon? Cats, fags, gadgets, and Facebook preoccupied the Twitterati.

Mancunian editrix Louise Bolotin recounted her cat's lepidoptivorous habits.

Chris Nuttall of the Financial Times was so on vacation that he couldn't even type "holiday."

Geek videoblogger Veronica Belmont came up with a great new business model for Facebook.

British journalist Debbie James was grateful for fags, by which we think she meant "cigarettes."

VentureBeat editor Eric Eldon mindlessly fondled a gadget. Oh, is that what the kids are calling it?

Anyone else's tweets we should keep an eye on? Send us more Twitter usernames, please.

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<![CDATA[Financial Times in bloggy redesign]]> At a time when some blogs are trying to reinvent themselves as news websites, the Financial Times, a U.K.-based rival to the Wall Street Journal, is considering a redesign adapted from blogs' reverse-chronological-order presentation of stories. [Silicon Alley Insider]

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<![CDATA[Nintendo makes more per employee than Google or Goldman]]> Damn it feels good to be a gamer: The Financial Times has calculated that Nintendo will make $1.6 million per employee in 2008. That beats Goldman Sach's 2007 record — impressive when you consider Goldman's average salary was $660,000 per year, versus only $90,900 for Nintendo. (Photo by Geek on Stun)

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<![CDATA[Financial Times Googlephone story to spark conspiracy theories]]> The Financial Times's has published an article on T-Mobile's soon-to-be-released Googlephone. It paints an accurate picture, if not a pretty one: "When the first of Google’s long-anticipated Android mobile phones hit the stores in a matter of weeks, they will land with a fizzle rather than a bang." We can just imagine the lunchtime whispers at the Googleplex about it. Readymade for lunchtime consumption, here are the paranoid programmers' talking points on the anti-Google media conspiracy:

  • The article says, "T-Mobile did not return calls for comment." You know what that means. When a company won't talk, reporters craft a hitpiece.
  • Says who? Vague unquoted anonymous sources include "Internet developers and mobile industry executives" and just three named ones — an analyst, music site Pandora's CTO, and an executive at T-Mobile rival Hutchison Whampoa.

These two facets of the story will give Googlers plenty of reason to dismiss the story. The notion that Googler groupthink won't allow them to process: That the article's right in all its particulars, anonymous sources or no. Oh, and have you ever heard a Googler complain when one of their executives is quoted spouting company talking points anonymously to the New York Times or the Wall Street Journal?

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<![CDATA[Microsoft's new Google killer is a photo site that doesn't work]]> In an articled headlined "Microsoft unveils fruits of online shake-up," the Financial Times set me up for something big, trumpeting Microsoft's "new development intended to boost the pace of innovation in its online services group as it tries to close the gap with Google." But then I read the rest of the article.

Doing so, I learned that three years after Microsoft poached him from his role as head of research at Yahoo, a guy named Gary Flake and his 150-person Live Labs team have come up with a product called Photosynth, which stitches images together to create larger images. But as you can tell by the above image — results for a search on "Mission District, San Franciso"— its search function doesn't really work. Also, none of it works on a Mac.

Disappointing. Not Microsoft's product, which is about what we'd expect from the software giant. No, I'm chastened by the FT. On New York's subway system, the pink paper it's printed on is supposed to signify that one looks down from high even on the guy holding the WSJ to your left. But being seen reading articles like this make one a laughingstock even to Murdoch's masses.

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<![CDATA[Financial Times giving $400 subscriptions to Facebook users for free]]> ft-com.gifThe Financial Times is offering a free 12-month subscription to its website (worth $109), renewable for up to four years, to any college student that adds its Facebook application. The FT says the deal is "part of the general trend to making [FT.com] free — but in a segmented way." Why don't they just pay college students to read the paper? That seems easier. [PaidContent]

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<![CDATA[Financial Times Charges Execs $4000 To Get Harassed On A Social Network]]> stairsfail.jpgTrying to keep the Poors out of its exclusive social network, the Financial Times is charging £2000 for an annual membership in the "FT Media and Technology Executive Membership Forum." This includes discounts on FT conferences, where all the real networking is done anyway. Really, can you imagine joining this site and messaging another exec because you don't have enough pull to e-mail them? I can, and that's why this is such a terrible idea for anyone with valuable time.

The tech and media business world, like any world, is full of people figuring out their relative worth. I mean more than pecking order; I mean that my time is worth much less than my boss's, and his time is worth much less than Rupert Murdoch's. The important measure is whether I'm worth five minutes, an hour, or a weekend of Murdoch's time. That way I know whether to approach him at a conference, ask him to lunch, or take him to Tahoe. The real answer is "none of the above," so I know that if I want anything from him, I'd better wait until I have an excuse.

Social networks flatten this relative value. On Facebook, if I'm your friend and you're Dame Judi Dench's friend, I might try to broker an introduction. I won't know that I'm worth an hour of your time each day and you're worth five minutes of hers each year.

Silicon Valley execs don't seem to get this, or any other simple principle about not wasting people's time. So they get their companies to finance every sort of conference and group membership (seriously I went to one all about making money from Facebook apps) where they can harass their superiors in the industry. Of course they'll come to a social network that supposedly makes everyone available!

Business plans in the Valley are bogglingly stupid. I met a likable but naive man who's building software that lets your car radio read blogs out loud to you. There's an entire funded company built around putting little "If you liked this, you'd also like..." notifications on blogs. Now imagine paying $4000 a year to get bothered by these people.

The only good networking is the kind that requires more than money.

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<![CDATA[Financial Times sets its articles free]]> Financial Times Newspaper BoxThe Financial Times has seen the writing on the wall — the pay wall, that is. That's the term bloggers use for the barrier newspapers like the FT and the Wall Street Journal put up around their content, preventing nonsubscribers from reading it. With the Journal, one of the few success stories in charging for content, contemplating getting rid of its pay wall, it's no surprise that the FT would follow suit. But the British financial daily is taking a surprisingly clever tack in doing so.


FT is making the site mostly free, except for the heaviest of readers. Newspaper officials say they did "research" — imagine that, research! — and now will allow readers to view 30 articles a month before having to cough up some change.

Hardcore readers — likely current subscribers — will not see much change, since they'll have to pay to keep up with all of the coverage. But bloggers will be free to link to FT articles knowing their viewers can click through without trouble. This could be a happy medium between pay and content models. Time will tell. Meanwhile, we're giving the FT the award for worst self-referential headline ever: "FT.com pioneers change to charging." The newspaper ought to pay you for clicking through and reading that one. (Photo by jimwinstead)

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