<![CDATA[Gawker: valleywag, stats]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, stats]]> http://gawker.com/tag/valleywag/stats http://gawker.com/tag/valleywag/stats <![CDATA[You Call This a Downturn?]]> The Federal Reserve Bank of Minneapolis has measured this recession against past ones and found it wanting. It will take more than twice as many layoffs before it counts as "harsh." Take that, doom-mongers!

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<![CDATA[Internet Not Responsible for Rise in Reading, Says Luddite]]> Reading is up! But don't dream of crediting the Internet for that phenomenon. Dana Gioia, the Bush-appointed chair of the National Endowment of the Arts, would sooner give himself a papercut.

A new study finds that more than 50 percent of American adults read a work of fiction in the past year. The survey's questions did not specify where they read it, even though common sense tells us that with Internet access now commonplace, some of that reading must be happening online. Gioia, a 58-year-old poet, credits librarians instead:

Mr. Gioia said that Internet reading was included in the 2008 data, although the phrasing of the central question had not changed since 1982. But he said he did not think that more reading online was the primary reason for the increase in literary reading rates overall.

Instead he attributed the increase in literary reading to community-based programs like the “Big Read,” Oprah Winfrey’s book club, the huge popularity of book series like “Harry Potter” and Stephenie Meyer’s “Twilight,” as well as the individual efforts of teachers, librarians, parents and civic leaders to create “a buzz around literature that’s getting people to read more in whatever medium.”

Gioia's been downplaying the role of the Internet in promoting reading for years, even as far-sighted educators — even librarians! — have been incorporating it into their lesson plans. And the Internet has restored reading and writing (if not fancy poetry) as a normal everyday activity for millions. There's some good news for them, and others who dare to dream that the heavily textual medium of the Internet might actually promote literacy: Gioia is resigning his post later this month.

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<![CDATA[October e-commerce up a humiliating 1 percent]]> The accompanying chart from TechFlash says it all: Online sales just aren't growing anymore. October's 1 percent growth over October 2007 is the worst performance measured by ComScore since they began tracking stats in 2001. TechFlash quotes Gian Fulgoni, chairman of the research firm: "We can only hope that the recent sharp drop in oil prices will cause a continued easing of inflation and a strengthening in consumer spending as [we] enter the critical holiday shopping season." We can only hope? Dude, we can get down on our knees and pray.

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<![CDATA[Worldwide financial crisis may only last another eight months]]> The financiapocalypse? So 2008. The economy may start growing again in the second half of next year. July? That's practically next month. Too bad about your job, though: Unemployment is expected to peak at 7.7 percent in December 2009. [WSJ]

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<![CDATA[Valley companies half as likely to have a woman on board]]> A press release from Spencer Stuart, the executive recruiting firm, celebrates a "milestone": More than half of the Silicon Valley companies it tracks now have at least one woman on their boards of directors. This is not the accomplishment they would have you think: Among the boards of companies on the S&P 500, 89 percent have at least one woman, and women make up 15.7 percent of S&P 500 directors, versus 8.9 percent in the Valley. Progress, perhaps, but progress that highlights the tech industry's lingering sexism.

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<![CDATA[Facebook grows 20 percent in less than three months]]> At a Salesforce.com event, Facebook COO Sheryl Sandberg announced that the social network has hit 120 million users — up from 100 million in late August. The company is succeeding in its stated plan to emphasize growth over revenues. A pity that, with the lack of a strong advertising business to support the growth, more users just means more spending on servers.

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<![CDATA[Nick Denton promises 40 percent reduction in my self-esteem]]> “Anyone who isn’t prepared for ads to go down 40 percent is crazy.” That's what Valleywag publisher Nick Denton blabbed to the wantrepreneurs at an event in New York last week. AllThingsD reblogger Peter Kafka rolled up Denton's irrational gloom into a big-picture gloom post this morning. There's some good news buried in the middle of Kafka's post:

Ad network optimizer The Rubicon Project reports that the average price for an online ad at “thousands of sites and 270 ad networks” dropped 11 percent in the last quarter. But since it can also find evidence of prices increasing at some sites — news and reference sites, for instance, increased prices 36 percent — Rubicon argues that things aren’t so bad after all.

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<![CDATA[iPhone's image being tarnished by poor people]]> The Jesusphone is no longer just for privileged white folks. "The strongest growth in users is coming from those earning less than the median household income, particularly since the launch of the iPhone 3G." So says a report from ComScore, which concludes that "lower-income mobile subscribers are increasingly turning to their mobile devices to access the Internet, email and their music collections." Awesome. Now I can buy an iPhone 3G without feeling I'm being extravagant. But I can't shake the feeling this study was secretly paid for by RIM. (Photo by r.f.m II)

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<![CDATA[Online shopping down]]> Online shopping is now mainstream enough to be a solid barometer of consumer sentiment. So this news from Hitwise, the website-measurement research house, is disturbing: Traffic to e-commerce sites has been dropping for eight straight weeks.

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<![CDATA[Android apps just as unrevolutionary as iPhone apps]]> Medialets, a company which tracks which iPhone apps users of Apple's smartphone download from the company's iTunes store, reports that Google's Android Market, a similar service, buy mostly the same kind of apps for their Googlephones. Games, shopping, music, and weather predominate. Google launched Android Market with 62 apps, which were downloaded an average of 7,800 times in the first 24 hours they were available. [Medialets]

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<![CDATA[Triumph of the sysadmin's will]]> Wall Street Journal writer Ben Worthen's summary of a new survey of IT employees: "Forty-eight percent were confident in their ability to find a new job, even though they don't believe anyone is hiring." Of course, Ben: Tech workers are Ron Paul-voting, Ayn Rand-reading rugged-individualist übermenschen who believe they can create their own reality through sheer individual brilliance and force of will. Did you need to read a survey to know that?]]> http://gawker.com/index.php?op=postcommentfeed&postId=5068446&view=rss&microfeed=true <![CDATA[Linux industry now worth $25 billion]]> The Linux Foundation has strategically leaked a report showing that the "Linux ecosystem" — distributors, resellers, support specialists, and other hangers-on of the free-to-download operating system — is now worth $25 billion. Ignore the inevitable quibbling over methodology; what this means is that every open-source entrepreneur out there is going to slap that figure on a PowerPoint slide, trot down to Sand Hill Road, and get funding for the latest open-source boondoggle. The sales pitch: "It's the Linux of distributed databases!" Translation: It's just like Linux, except for the $25 billion.

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<![CDATA[Debate's "Joe the Plumber" not cashing in on Web fame]]> If you weren't live-tweeting the debate last night, you have missed out on all the hoopla concerning Joe the Plumber — the Ohio Mr. Clean doppelganger that asked Obama about his tax plans for small businesses — now being used as the archetype for American blue collar. But it's another Joe, one from Texas, who owns joetheplumber.com and is reaping the rewards.

Since the debate, Texas Joe's website has reportedly garnered hundreds of thousands of pageviews, 300 requests for T-shirts, thousands of phone calls, and even a $800,000 offer for the domain name itself. Joe should get in touch with Julia Allison right now to extend the snooze button on his 15 minutes, but at least I know who I'm going to dress up as for Halloween.

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<![CDATA[Julia Allison's 500,000 imaginary monthly readers]]> "My mom and Julia spent most of the time comparing their respective startups," Tumblr jockey Nick Noyes blogs about his dinner with New York's notorious nobody, Julia Allison. "Interesting statistic of the night: her site garners 500,000 visits per month." Does Nick mean Julia, or his mom?

Because Quantcast places both Julia's personal site and her startup, NonSociety, at "fewer than 2,000 U.S. monthly people." Either way, Julia wisely lets her dinner guest publish the claim, giving her plausible deniability. That's part of Julia's cover-of-Wired appeal — she doesn't need a website. (Photo by Nick Noyes.

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<![CDATA[Widgets are dead]]> One goal of the Facebook redesign was to kill pointless widgets that cluttered user-profiles. It's working. When Facebook launched its platform last year, AllFacebook's Nick O'Neil created your typical one-trick app: the Bush Countdown Clock. All it did was sit on a user's profile like a badge, and yet it attracted and maintained over 50,000 users. But with Facebook's redesign, O'Neill's widget and other simple badges like it were moved to a "boxes" tab on user profiles. After the redesign went permanent on September 11, traffic to the countdown clock dropped 60 percent almost overnight. Writes O'Neill: "Widgets have not survived the shift over and my guess is that within a matter of weeks we will see most top-performing widget applications practically disappear." In December 2007, VC Ross Levinsohn said 2008 would be all about "Facebook plus widgets." Maybe that sort of poor prediction explains why he and partner Jon Miller can't find their pot of gold?

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<![CDATA[Everyone slacks off at work]]> In a survey, workers revealed that they spend a fourth of their time online on personal matters. Of the emails they sent at work, 80 percent were personal. Popular sites for goofing off are online trading sites, chatting services, and file-sharing sites. Scandalous! They should be reading blogs instead. [New Zealand Herald]

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<![CDATA[Online ad growth cut in half]]> During the first six months of 2007, display advertising spending online grew 17.7 percent over the prior year. During the first six months of this year, that spending grew only 8 percent. The slowed growth is due to marketers simply spending less money online and off as overall advertising declined 1.6 percent over 2008's first half and 3.7 percent in the second quarter. [TNS]

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<![CDATA[Chrome's shine dulls as Google browser usage falls]]> While Google's new browser Chrome got lots of attention, it hasn't amassed many users. Net Applications tracks browser share across 40,000 sites, and Chrome has at best won around one percent of market share, with usage slipping from 0.85 percent to only 0.77 percent since last week. But hey, it's probably still beating Opera. [ComputerWorld] (Image by Miles Goodhew)

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<![CDATA[Harvard MBAs the most toxic investment on Wall Street]]> Ray Soifer, a top-rated banking analyst based in Arizona, has an explanation for the crisis gripping the stock market: Blame Harvard! Soifer has long studied the proportion of Harvard MBAs who pursue careers in finance; when more than 3 in 10 head for Wall Street, it's time for investors to sell, he says. The implication: Harvard MBAs, in aggregate, subtract value. Alas, his study comes out once a year, so it's no use to short-term investors. But we'd love to know what Soifer would find if he studied the correlation of Harvard MBAs heading to the Valley with venture-capital returns. The results would be edifying — especially for investors in Facebook, whose Harvard dropout CEO, Mark Zuckerberg, is currently guided by COO Sheryl Sandberg, Harvard Business School '95. (Photo by Harvard Business School)

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<![CDATA[Take this job and love it, if you're working there any more]]> Scorelogix, a research firm which has created an index of job security, says — no surprise! — that the chances of keeping your job dropped again in August. This was before this week's six-figure layoffs, mind you. The good news? There are some industries where job security is rising.

The bad news? They're in occupations like construction and extraction; installation, maintenance, and repair; and healthcare support.

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