Looks like Virgin Mobile Canada is ready to break its iPhone hymen. Yesterday they announced that they will be offering both the iPhone 3G, and iPhone 3GS in retail stores in “the coming months.” Oh Sir Richard, how we love thee. We suppose you want details, but we don’t have any — the press release is a blistering 31 words and 198 characters long, hell if they had been a bit more succinct they could have just tweeted it — as Virgin Canada’s website has yet to be updated with the news. We’ll continue to follow this one as it develops.
Author: Serkadis
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FHA Loans Help Three Broke Dudes Buy A Million-Dollar Building In San Francisco
The NYT brings us yet another lovely story about the FHA’s relentless drive to create a new bubble in housing, by returning to the worst of the pre-bust practices. This story takes place in San Francisco
In January, Mike Rowland was so broke that he had to raid his retirement savings to move here from Boston.
A week ago, he and a couple of buddies bought a two-unit apartment building for nearly a million dollars. They had only a little cash to bring to the table but, with the federal government insuring the transaction, a large down payment was not necessary.
“It was kind of crazy we could get this big a loan,” said Mr. Rowland, 27. “If a government official came out here, I would slap him a high-five.”
The story that the Times is getting at here is not just that the FHA is making bad loans, and it’s not just that the era of no-down payment is back, but that whereas in the past the agency’s mandate was to help the poor, now they’ll help just about anyone.
Old caps on the loans they would insure, basically kept the FHA in states like Texas, notes the times. San Francisco was unheard of. Now the FHA is doing six per week in SF, and expects to do many more.
Anyway, in the long-term this will end badly. We guarantee it. In the meantime, you have to remember that this is yet another asterisk to put on housing stats that already are pretty weak.
(Image is of Jordan Kurland, one of the buyers in the story, via his Facebook)
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Uh-Oh: Now Everyone Says They’re Bullish
The psychological rollercoaster continues. After reaching 8 month lows just a few weeks ago sentiment is swinging wildly in the opposite direction. David Rosenberg notes the latest Barron’s Big Money Poll which found that the most bullish positions also highly correlate to the highest net speculative futures positions:
Chart 2 highlights the latest Barron’s consensus on the various asset classes — percent bullish and bearish. Equities followed by oil and credit would seem to be the most crowded trades right now. In fact, we can confirm that when it comes to the net speculative long positions on at least S&P 500 futures and oil, not to mention non-U.S. currencies, the specs are hugely long. This could lead to some reversal near-term if either the economy relapses or the U.S. dollar reverses course. It’s always hard to identify what the catalyst will be.
Rosenberg also notes the large net speculative position in gold, but points out that the position is not accompanied by overly bullish money managers:
Gold has a huge net speculative long position on the Chicago Mercantile Exchange (CME) but portfolio managers don’t seem too enamoured so that is at least good news from a contrary standpoint. Only Treasuries are despised — the Barron’s fall 2009 poll showed 4% bulls and 65% bears, so it would stand to reason that this would be the asset class to be in if we were to see anything reverse the crowded pro-risk trade on so many tables right now.
A recent reading from the Investors Intelligence newsletter survey found that bearish sentiment has fallen the most since late 2003 after the sharp rally:
This Week Prior Week Comments
Bullish 46.1% 44.4% First gain in four weeks
Bearish 21.3% 26.7% Steepest drop since 2003
Correction 32.6% 28.9% Matched the highest since
September 1997
Note: When bullishness sank to 22.2 percent in October 2008, it was the lowest since
November 1988.The bearish reading of 54.4 percent that month was the highest since December 1994.Finally, the latest AAII poll for stocks showed another sharp increase in bulls to 46.1%. Bears fell at the fastest pace in 6 years to 21.3%.
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Whoops: Stocks Now 20%+ Overvalued
Stocks have jumped 65% from the March lows. They have also blasted past fair value, which is about 900 on the S&P 500 on a cyclically-adjusted price-earnings ratio (see professor Robert Shiller’s chart below). So, unless it’s different this time, they’re now more than 20% overvalued.
(Jeremy Grantham puts fair value at 880 on the S&P 500. That seems a bit precise. Let’s call it 900).
Of course, today’s overvaluation doesn’t tell you much about what stocks will do next week, next year, or even the next 5-10 years. As the chart above shows, before the 2007 market crash, stocks were overvalued for the better part of 20 years–and observing that didn’t help you make money. On the contrary, it usually got you fired.
What today’s valuation does suggest is that stocks are priced to return a bit less than average over the next decade, perhaps 3%-4% real per year (inflation adjusted), as compared to the 6%-7% average.
Today’s valuations also suggest that stocks may have gotten way ahead of themselves, especially in light of the structural problems that will continue to bog down the economy.
As the chart above illustrates, every one of the prior mega-busts in the past century has been followed by a “trough” in which the cyclically adjusted PE ratio hit the high single-digits. We didn’t quite make it there in March (the P/E bottomed around 12X), although we did get close.
This, combined with what is likely to be a decade of deleveraging, consumer retrenchment, and sluggish growth as we work off our debt binge, suggests that we still yet might hit that single-digit low before we take off on another secular bull market again. This could be achieved either through another market crash, or a prolonged period of backing and filling as earnings growth gradually reduces the long-term PE ratio (this is what happened in the 1970s).
On the other hand, it is possible that that enormous stimulus and zero interest rates over the past two years will produce that “v-shaped” recovery. At this point, given the extent of the recent rally, it would presumably have to be one heck of a “V” to send stocks soaring from here. But the last eight months have already made idiots out of almost everyone.
See: The Stock Market Rally That Turned Gurus Into Fools
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Asian Nations Threaten To Kill The Dollar Carry Trade
The governments of India, South Korea, and Indonesia are threatening potential capital controls as a tool to limit ‘hot money’ entering their economies in search of higher returns and non-dollar currency appreciation.
While such actions may help keep a lid on Asian currency appreciation, they could be bad news for each nation’s local stock market.
Bloomberg: Officials from India, South Korea and Indonesia are among those expressing concern over overseas capital stoking stock and real estate prices. Indonesia’s central bank is “seriously” studying a limit on inflows to short-term bills, Senior Deputy Governor Darmin Nasution said yesterday. Taiwan last week banned international investors from placing funds in time deposits.
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Morgan Stanley: No Dollar Rebound Until Late 2010
Morgan Stanley reads the tea-leaves post-Bernanke’s speech on Monday, and basically says there’s nothing to worry about.
Intervention not imminent. We believe that a key reason why policymakers have not translated their talk into action is that the USD decline has been orderly and backed by fundamentals. In Bernanke’s speech, he characterizes the USD moves as a ‘retracement’ from abnormal levels. Indeed, in the big picture, the USD’s current decline (15% from the March 2009 high) has not even offset the surge in the US TWI seen in late 2008 (25% from March 2008 to March 2009, see Exhibit 1). As Bernanke suggests, that surge was largely sparked by the safe haven bid during the financial crisis. Since then, USD depreciation has been persistent but orderly. Amid shifting market dynamics, it is rare for policymakers to intervene unless moves become extreme or unjustified.
According to our proprietary FX intervention model, the risk of intervention is still elevated at 28%, but has receded significantly since the start of the year when the reading was 53% (see Exhibit 2). Also, the factor in our model that is contributing to the elevated intervention risk stems from divergences in growth differentials. Importantly, the indicators of momentum and positioning are not at extremes.
Despite the growing verbal pushback, our central case is that the USD trough is not in place yet. Official jawboning may slow the downward momentum, but fundamentals warrant further currency weakness. Until growth and rate differentials move in favor of the US, the USD will have difficulty putting in a bottom, in our view. Going into next year, we forecast another 4% depreciation in
the US TWI before a reversal in late 2010.This is consistent with 1.60 in EUR/USD and 1.01 in USD/CAD (see FX Forecasts on page 22). Notably, we do not anticipate a USD crash and also judge the bulk of decline to be behind us. In a
recent note, we outlined four factors that would make us bullish on the USD — (1) sooner than expected hikes by the Fed; (2) faltering in the global economy; (3) a rekindling of risk aversion; and (4) steps by the government to reduce future deficits (see USD: What Would Make Us Bullish? 1 October
2009). We continue to monitor these risks but judge them to be low probability events for now.Join the conversation about this story »
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AutoblogGreen for 11.20.09

Greenlings: What’s the difference between kW and kWh?
The h makes all the difference.

Japan EV Club creams Tesla range record with Tokyo to Osaka run
How long will this one stand?

Government bailout does not = EV mandates for GM, Chrysler
Obama defers to management for product choices.Other news: AutoblogGreen for 11.20.09 originally appeared on Autoblog on Fri, 20 Nov 2009 05:55:00 EST. Please see our terms for use of feeds.
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Google Chrome OS: The User Interface
Google has just revealed its most ambitious undertaking to date, Chrome OS, a new operating system which intends to push the concept in a new direction by moving everything to the cloud. While this game-changing approach is very exciting and raises a lot of questions about the future of operating systems, the web and convergence of the two, the fact is that the first thing most people wanted to know is what it looks like and how has Google tackled the challenge of just having a browser and no other native app. When the company first announced the project it claimed that everything would be done inside the browser. This was such a radical approach, to have a complete desktop environment inside the Chrome browser, that most people didn’t think it was possible. Now that Google has shown the world what’s been working on we can safely say that it made true on its promise.
The first actual footage and screenshots of the new operating system were actually a bit disappointing. Chrome is Chrome OS so the new operating system looks just like the browser that some 50 million people are now using monthly as their main browser. Aside from a few subtle cues, Chrome OS looks just like a maximized Chrome window, so if you have been using the Google browser you’re not missing out on much.
This was a conscious decision b… (read more)
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W. Soccer: Bay battle, take two
(CHRIS SEEWALD/The Stanford Daily)
The No. 1 Stanford women’s soccer team may be playing in the national championship tournament, but tonight’s Sweet Sixteen match will be a local affair, as the Card takes on Peninsula rival Santa Clara University for a spot in the national quarterfinals.
The game is a rematch of this season’s earlier South Bay derby, which took place at Santa Clara’s Buck Shaw Stadium back on Oct. 1. Although the Broncos took the lead early in that game, the Cardinal ended up with a dominating 6-2 victory, with forwards Kelley O’Hara and Christen Press each notching two goals and an assist. The rout was eerily similar to the 2008 matchup between the two teams, also at Buck Shaw Stadium, in which Stanford stormed to a 5-0 win.
Despite his team’s recent success against SCU, however, Stanford Head Coach Paul Ratcliffe knows that this will be a completely new challenge.
“I’ve seen them play [since the match in October], and I think, like us, they’ve grown as a team,” Ratcliffe said. “[Santa Clara Head Coach] Jerry Smith is a good coach, and they’re playing good soccer, so it should be a really competitive match”
The Cardinal (22-0-0, 9-0-0 Pac-10) comes into the match on the strength of back-to-back 2-0 victories, although neither match in the first two rounds was easy. Last Thursday, Stanford beat Northern Arizona despite a frustrating first half in which it did not score. On Saturday, it faced a nervous second half against a physical BYU team before finally putting the game away in the 89th minute.
BYU in particular seemed to knock Stanford off its usual rhythm, with the Card struggling to keep possession and resorting to long ball tactics. While Ratcliffe and the players emphasized how important it was to be able to win in a different style, it is clear that they would like to be able to use the game plan they have relied upon throughout the season and in seasons past.
“We definitely want to play possession soccer,” Ratcliffe said. “The BYU [match] was a real physical battle . . . I think in the playoffs things get a little tense, so we’ve got to settle down, play with confidence and enjoy it and open up the game.”
Santa Clara (14-6-2) — the four-seed in Stanford’s region — by no means had an easy road to the Sweet Sixteen either. After a 0-0 draw for 90 minutes against Michigan State, it took an overtime goal to get the Broncos out of the first round, and their second round matchup with Oklahoma State saw them go through on penalty kicks after regulation and two overtimes failed to separate the teams at one goal apiece.
Still, Santa Clara can be very tough to beat; in a narrow 1-0 loss to No. 2 Portland at the beginning of November, SCU actually outshot the Pilots 14-7. Interestingly, Portland is the only team averaging more goals per game than Stanford this year, so the Bronco backline certainly seems to have improved since the 6-2 thrashing by the Cardinal.
Stanford’s defense has also improved immensely throughout the year and could get another boost this weekend. Senior fullback Ali Riley, who missed last weekend’s matches with an ankle injury, and sophomore defensive midfielder/utility player Cami Levin, who had to leave the BYU game after a crunching tackle, could both be ready for tonight’s clash.
“They’re both talented players, but [on game day we have to ask] are they healthy enough and physically prepared?” Ratcliffe said. “And if they’re not, we have other great options.”
The Cardinal does indeed have great depth, and all of those players must be ready to play a role during this do-or-die stretch run. Even so, Ratcliffe says he does not believe his team is feeling the pressure as it prepares to put its season on the line once again.
“We’re just excited to be able to continue to train,” he said. “We’re working hard to just take care of business and have fun.”
The match is scheduled to kick off at 7 p.m. at Cagan Stadium.
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M. Soccer: Moving on
On a freezing-cold night at Cagan Stadium, Stanford beat Saint Mary’s in the opening round of the NCAA Tournament in its first appearance since 2002.
Both teams came into this match looking strikingly similar in their statistics. They had each notched 10 wins over the regular season, had scored some important wins over highly ranked opposition, and their head coaches, Bret Simon for the Cardinal and Adam Cooper for the Gaels, had won Coach of the Year in their respective conferences, the Pac-10 and the West Coast Conference.
But perhaps most importantly, both Stanford (11-5-2, 4-4-2 Pac-10, 1-0 NCAA) and Saint Mary’s (10-4-5, 6-3-3 WCC) were playing their first-ever games in the NCAAs.
Yes, Stanford has been here before, and yes, Simon even took the Cardinal to the College Cup six years ago, but not one single player on either squad has made it this far before. The Gaels were obviously pleased, and perhaps a little nervous, to make it to the first NCAA game in their history, but even the experienced coaching staff of the Cardinal approached this as a new proposition.
“We weren’t sure how we would react as a group,” Simon said. “We were trying to look for things in the last training sessions and the warm-up and the pre-game meal to gauge whether the team was nervous or was approaching it in a different way.”
Perhaps this explains the first few minutes of the game. Neither team took any hold on the match, with scrappy passes that hung in the air, allowing possession to change constantly.
High, long balls do not suit the style of Stanford’s players, and once the nerves had begun to settle, they started passing quickly and accurately along the ground, keeping possession and eventually out-shooting the Gaels 12-3 in the first half.
Recently nominated to national first team all-rookie by TopDrawerSoccer.com, freshman Adam Jahn was the first on the score sheet with a stunning left-footed volley, and further made his mark on the match by setting up junior Dominique Yahyavi for the second. True to the team ethic, though, he refused to take the credit.
“We just work for each other,” Jahn said. “No one’s more important than the other, and we will not succeed if we don’t stay as a team.”
The final score line, which included sophomore Adoni Levine’s first goal this year in the 81st minute, shows how far the Cardinal has come this year. In fact, the game itself offers a snapshot of the season so far: a slightly shaky start gave way to a steady progress and now a prospect for future success.
“We had a little rocky start, pre-season,” Jahn said. “I think we all just bounced back and we just realized we had the potential to be a great team, and once we started getting wins the confidence kept going up.
“We’re peaking right at the right time now,” he added.
Saint Mary’s battled hard, especially after the first goal, but could not wrestle itself back into the game. Although the Card deserves credit for keeping the Gaels out of contention for much of the match, playing without the experience and leadership of possibly their best player, junior Jordan Rider, WCC Defensive Player of the Year, certainly had an impact on Saint Mary’s.
“Technically, we weren’t as sharp on the ball as we have been,” Cooper said. “Part of that was some nerves, part of that was Stanford doing a good job disrupting our rhythm.”
After a strong year, the Gaels can return home with their heads held high.
“Even though we didn’t win today, it gave all of our guys a taste of the tournament and a hunger for them to get back next year.”
Meanwhile, the Cardinal now must look forward to Sunday’s game against No. 16 seed UC-Irvine in Irvine. A win there would put them through to face undefeated, No. 1 seed Akron in the third round. But Irvine will not be a pushover.
In their last regular season game, the Anteaters defeated UC-Santa Barbara, ranked No. 10 by the NSCAA, 4-1 on the road to take the Big West Tournament title.
Sunday’s game will kick off at 6 p.m.
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Japan: Deflation Is Roaring Again, A Double-Dip Back On The Table
Honestly, we’re not sure how an economy that’s been in a near-constant deflationary slide since the early 90s can ever have a double-dip recession. Octuple-dip sounds more like it.
But, Japanese leaders are out with a fresh warning that deflation is still causing new problems, and that despite some recent good economic growth (though we flagged it for being deflationary, mainly) a backslide is still possible.
WSJ: Weak domestic demand has caused the world’s second largest economy to enter “a mild deflationary phase”, the government said in its November monthly economic report released Friday.
This is the first time since mid-2006 that the authorities said Japan is beset by persistent price falls, which can hurt the economy by pushing down corporate profits, increasing firms’ debt burdens, and prompting company managers to reduce workforce and hold off on new investments. The declaration in its official report suggests Tokyo is worried about whether the price downturn will lead to a double-dip recession.
The government also said it needs to watch whether the economy is depressed by a further worsening of the jobs market, concern over a slowdown in overseas economies, and damage from deflation and volatility in markets.
It just does not end there. This is like one of those nightmares that lasts all through the night, even if you wake up several times in between, you can’t shake it.
But, it may be better than taking severe pain right off the bat, which is what we’ve chosen to do.
See why we’re headed down the Japan route here >>
(Image via Flickr user Gustty)
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Asian Markets Continue To Push Lower
After yesterday’s selloff, Asian markets are down again. The Nikkei is riding a 5-day losing streak. Europe, however, has rebounded a little, and US futures are roughly flat.
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BANGKOK (AP) — Asia’s stock markets mostly retreated Friday following a glum session on Wall Street as evidence of a weak economic recovery continued to pile up. European shares rose.
Benchmarks in Tokyo, Sydney and Hong Kong fell half a percent or more while oil lingered under $78 a barrel following a big tumble overnight. Technology stocks were weak after Sony’s turnaround plans failed to inspire confidence and Dell Inc. warned that sales of its computers to big businesses remain sluggish.
Reports on the U.S. economy gave investors little reason to hold on to stocks. Figures from the Labor Department indicated that employers are still shedding jobs, and the Mortgage Bankers Association reported a surge in foreclosures.
Markets, especially in Asia, have rallied hard since their nadir in March as investors anticipated the global economy would rebound quickly from its worst recession in decades.
Major economies are growing again, according to the latest figures, but the rebound is moderate and many economists expect growth rates in Asia and the West to fall short of pre-crisis levels for several years.
That’s made investors increasingly nervous about driving markets even higher as company earnings — temporarily bostered by massive cost cutting and layoffs — could be disappointing.
As trading got underway in Europe, benchmarks in Germany, Britain and France were each up 0.6 percent but stock futures pointed to a lackluster start for Wall Street. Dow futures were off 3 points at 10,324 and S&P futures slipped 0.1 point to 1,094.20.
In Japan, the Nikkei 225 stock average lost 51.79, or 0.5 percent, to 9,497.68 despite the central bank upgrading its assessment of the world’s No. 2 economy.
More tellingly, the Bank of Japan left its key interest rate unchanged at a super low 0.1 percent — a sign of how fragile the economic recovery is — while top officials warned of the dangers posed by months of falling consumer prices.
Elsewhere, Hong Kong’s Hang Seng dropped 187.32, or 0.8 percent, to 22,455.84 and Australia’s benchmark fell 1.3 percent as mining behemoths like BHP Billiton declined.
South Korea’s Kospi was flat while China’s Shanghai index shed 0.4 percent. India’s Sensex reversed course to gain 1 percent.
In Tokyo trade, Sony Corp. slid 2.4 percent as investors remained unconvinced by CEO Howard Stringer’s plans to turnaround the loss-making electronics giant. Sony is headed for a back-to-back billion dollar loss in the fiscal year ending March, 2010.
In the U.S. Thursday, the Dow fell 93.87, or 0.9 percent, to 10,332.44, after being down as much as 170. It was the Dow’s biggest point drop since Oct. 30.
The broader Standard & Poor’s 500 index fell 14.90, or 1.3 percent, to 1,094.90, while the Nasdaq composite index fell 36.32, or 1.7 percent, to 2,156.82.
Oil prices hovered below $78 a barrel in Asia as investors eyed a volatile U.S. dollar and mixed economic data.
Benchmark crude for December delivery was up 24 cents to $77.70 a barrel in electronic trading on the New York Mercantile Exchange. The contract, which expires later on Friday, gave up $2.12 to settle at $77.46 on Thursday.
In currencies, the dollar fell to 88.85 yen from 88.98 yen. The euro slipped to $1.4907 from $1.4922.
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Google Chromium OS!
Today Google has announced operating system Google Chromium OS. It still not ready to end users as is under deep development but now everyone can see its concepts, benefits and nature. Astonishing news as for me. There were a lot of rumors about Google OS (gos) before it was presented to the public in real. Now it’s clear that the most promising OS these days is based on Linux kernel. Let’s see what Google just have presented in details:-
All apps are web apps. The entire experience takes place within the browser and there are no conventional desktop applications. This means users do not have to deal with installing, managing and updating programs.
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Because all apps live within the browser, there are significant benefits to security. Unlike traditional operating systems, Chrome OS doesn’t trust the applications you run. Each app is contained within a security sandbox making it harder for malware and viruses to infect your computer. Furthermore, Chrome OS barely trusts itself. Every time you restart your computer the operating system verifies the integrity of its code.
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We are obsessed with speed. We are taking out every unnecessary process, optimizing many operations and running everything possible in parallel. This means you can go from turning on the computer to surfing the web in a few seconds.
- Chromium OS User Interface Concepts (video)
- Design Documents: Software Architecture, Security Overview

VMware Virtual Machine with Chromium OS can be found here (torrent).
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Winner Takes All, Long Tails And The Fractilization Of Culture
Reader Eileen points us to a thought-provoking article by Joshua-Michele Ross discussing the idea that, rather than a diverse “long-tail” culture, we’re actually being driven to a homogenized “winner-take-all” culture thanks to the rise of our robot overlords, better known as online recommendation engines. Or something like that. It’s a nice theory, with some interesting statistical modelling behind it. And, I’ve always been interested in “winner takes all” economies, since the guy who taught me Econ 101 literally wrote the book on “winner takes all” economics.
That said, I think this really only tells a part of the story — and maybe not the most important or most interesting part. That’s because (and, again, this may be due to my own econ education) it doesn’t surprise me in the slightest that we’d see hits follow a winner takes all approach (that’s how hits work). Nor is it a surprise that the effect would seem stronger as the world globalizes and borders and barriers become less of an issue. So, yes, of course there will be a “globalized” winner takes all situation at the hits level. But is that all?
What’s much more interesting to me is what happens beyond the hits. And, as you start to dig down into subsectors or subcultures, you begin to notice an interesting pattern there as well: that those subsectors and subcultures follow that same power law pattern themselves. The big name bands in a subculture may seem “small” in the wider world, but they’re huge within the subculture. Within that subculture, they’re the winner who took all — but from a more limited population.
In some ways, it’s the fractalization of culture.
Just as a fractal repeats its same pattern as you zoom in and look closer on the smaller segments, so do cultural subsegments. And those segments continue to thrive, despite the recommendation systems just pushing people to the hits. Part of that may be that once you’ve begun exploring those subcultures, the recommendation engines and collaborative filters drive you towards the “hits within” the subculture — or it may be that the impact of algorithmic recommendation engines isn’t quite as dominating as some make it out to be. Yes, people do rely on those recommendation engines… somewhat. But they trust people they know even more. And once you get involved in a subculture you quickly find other people already involved in that culture who act as guides who point you both to the “hits” but also to the interesting and “diverse” long tail places to go as well.
So, yes, there is a winner take all effect found in the recommendation engines, but it hasn’t resulted in less diversity within our cultural output or our cultural consumption — and that’s because people don’t just follow that limited algorithmic overlord to find the content they want to consume. In fact, the original statistical model highlighted above more or less makes this point. Basically, it shows that even if each individual sees a more diverse culture, it can still end up with a more homogenized culture — but really only among the hits. Basically, because the world is global, the really big hits go global and become winner-take-all in a much larger market. But, at the same time, the niches thrive as well.
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News Aggregator TechMeme Mobile Viewing Choices: Mini vs. Mobile

If you have a Droid, iPhone or Pre (the “cool” phones these days), tech news aggregator Techmeme has an updated mobile friendly web view for you…
Droid, iPhone, and Pre: meet the new Techmeme Mobile
Fortunately for me, the new Techmeme Mobile web view supplements the older and still available Techmeme Mini web view. The newer Techmeme Mobile view has a slicker look and lets you read the first bits of text associated with a tech news item. However, the older Techmeme Mini view lets you see more news headlines on a single screen and even provides the age (in minutes) of some of the newer items. Both views have the problem of leading you to news items with non-mobile friendly web pages. But, the Droid, iPhone and Pre all do a good job of rendering non-mobile friendly websites.
I’m still trying to decide which views to use. You can find Techmeme Mini at…
And, Techmeme Mobile is found at:
New Career Opportunities Daily: The best jobs in media.
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American Airlines Tool to Help You Find Flights with In-Flight WiFi

The simplest ideas are often the best and most useful. Case in point: American Airlines’ WiFi Widget web page found at…
…that helps you find American Airlines flights with in-flight WiFi service. All you have to do is enter a flight number or identify a departure airport and tap the Find WiFi button. You are then shown a list of flights with WiFi service departing from that airport. What could be easier? Nice…
Via the Dallas News Airline Biz Blog: American offers tool to find if your flight will have Wi-Fi
New Career Opportunities Daily: The best jobs in media.
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Updated Google News for mobile May Illustrate the Client/Web Model Struggle
We got inklings of Google’s master plan to rule the universe. The first volley was the Google Chrome browser so they could deal with web services their way. Next came Android because they wanted to deal with mobile devices their way. Google also made a tiny detour to try to fix Microsoft’s Internet Explorer browser by providing a plugin to embed a Chrome browser in IE when IE wasn’t up to the task of doing what they wanted. Google showed its full hand (I think) yesterday by formally announcing and showing Google Chrome OS.
This super-focus on web pages will, I think, become a problem for Google shortly. The interesting, but somewhat oddball update…
You know the saying, “If all you have is a hammer, everything looks like a nail?” Well, if all you have is a web browser, everything looks like a web page. And, this just ain’t gonna work in the long run. The situation we’re in now is similar to what we saw in the early 1990s when the computer world was in a painful in-between stage between single tasking MS-DOS and the fully GUI (or mostly so) multi-tasking (kind of sort of) Windows 95. There were some really wild attempts in between DOS and Windows to shoehorn character-based windows and memory managers that simulated multitasking or at least trying to allow multiple applications to be loaded at the same time in DOS. The tiny UNIX/Linux/X11 world had mostly figured this out even then. But, the vast majority of people struggled without looking to that solution.
We’re going to muddle through all this confusion for the next few years. Hang on for a rough ride.
New Career Opportunities Daily: The best jobs in media.
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YouTube Introduces Automatic Transcriptions for Videos
YouTube has introduced some pretty interesting technologies which enable users to add automatic text captions to the videos. The feature is only available in several channels for now, as the speech recognition technology it uses isn’t exactly perfect but Google says it should improve in time. The video site had enabled users to upload their own captions for about a year now, but the process is time consuming and only a few users have taken advantage of the feature until now. “Since the original launch of captions in our products, we’ve been happy to see growth in the number of captioned videos on our services, which now number in the hundreds of thousands,” Ken Harrenstien, a Google software engineer working on the features, wrote.
“However, like everything YouTube does, captions face a tremendous challenge of scale…To help address this challenge, we’ve combined Google’s automatic speech recognition (ASR) technology with the YouTube caption system to offer automatic captions, or auto-caps for short,” he added.
There are several related features being introduced at the same time, but the most interesting, albeit the most underdeveloped, is the automatic captions technology. For the videos on which the feature has been made available, users can use the rig… (read more)
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TomTom Update Brings Pricey (but very cool) GPS to iPod touch Owners

Image courtesy of TomTomWhen TomTom pre-announced its iPhone turn-by-turn app and cradle accessory, a lot of people (including me) assumed it would let iPod touch users become first class GPS citizens. This appeared to be an incorrect assumption after TomTom released the first version of its $99.99 iPhone app…
TomTom U.S. & Canada (iTunes App Store)
However, this has all changed in favor of iPod touch owners according to this AppleInsider article…
TomTom app updated to support iPod touch, first-gen iPhone
The TomTom GPS cradle kit is priced at $119.95. This means this is all quite a pricey combo if you don’t already have an iPod touch.
8GB iPod touch + TomTom app + TomTom cradle kit = $418.94
Even the app + kit combo comes to $219.94 which is quite a bit more than many of the low-priced dedicated GPS units.
TomTom for iPhone (product page)
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Cisco SIO To Go: Half-baked iPhone Security Tool

I’ve spent a lot of years fussing with servers and networks. So, this item in CNET…
Cisco launches iPhone security app
…with Cisco, security, and iPhone in a single subject line is interesting (ironically, Cisco sued Apple over the iPhone name before the Apple iPhone’s launch). SIO is an acronym for Security Intelligence Operations.
Cisco’s SIO site describes it as: Early-warning intelligence, threat and vulnerability analysis, and proven Cisco mitigation solutions to help protect networks. But, from what I see this free iPhone app…
Cisco SIO To Go (iTunes App Store)
Doesn’t tell me anything I couldn’t find using nslookup. It didn’t see to tell me much else of use from a cyber security aspect.
The app doesn’t even record the domain names and IP addresses I typed into its search box. So, a recheck requirings retyping the name or IP address all over again (and again and again for repeat checks) on the iPhone’s virtual keyboard.
This app is a huge disappointment. I don’t understand how an industry giant like Cisco allowed it to be released.
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