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November 19, 2012
20:23 // 1 year ago
September 3, 2012
Digital food for thought: Reddit, co-founded by Alexis Ohanian (above) and purchased by Advance Publications in 2006, is doing boffo these days, becoming one of the most influential sites on the internet and even scoring President Obama for an “Ask Me Anything” event last week. What’s their secret? Well, Advance just let the company do its thing, taking a hands-off approach and letting it grow without heavy corporate influence. Advance is not doing this with all of its properties — its newspaper publications, for example, have been targeted for cutbacks in recent months, most notably the New Orleans Times-Picayune. Our thinking-aloud question here: What if Advance Publications somehow could figure out a way to treat its newspapers more like Reddit — to give them the freedom to do what they do without heavy corporate influence? That’s what this David Carr article got us thinking about. (photo by Ross Mantle/The New York Times)

Digital food for thought: Reddit, co-founded by Alexis Ohanian (above) and purchased by Advance Publications in 2006, is doing boffo these days, becoming one of the most influential sites on the internet and even scoring President Obama for an “Ask Me Anything” event last week. What’s their secret? Well, Advance just let the company do its thing, taking a hands-off approach and letting it grow without heavy corporate influence. Advance is not doing this with all of its properties — its newspaper publications, for example, have been targeted for cutbacks in recent months, most notably the New Orleans Times-Picayune. Our thinking-aloud question here: What if Advance Publications somehow could figure out a way to treat its newspapers more like Reddit — to give them the freedom to do what they do without heavy corporate influence? That’s what this David Carr article got us thinking about. (photo by Ross Mantle/The New York Times)

1:04 // 1 year ago
April 11, 2012
Federal officials accuse Apple of ebook price-fixing conspiracy
The U.S. Department of Justice has filed an antitrust suit  against Apple, along with fellow publishers Holtzbrinck Publishers (MacMillan) and The Penguin Publishing Co. Ltd. (Penguin Group), accusing the companies of conspiring to raise the prices of ebooks. The lawsuits follow months of negotiations between the publishers, the DoJ, and state governments in an attempt to agree on a settlement. Apple has not publicly responded to the suit; however, MacMillan CEO John Sargent sent a letter to publishers and agent explaining that the company did not settle because it is “hard to settle a lawsuit when you know you have done no wrong.” (photo by Phil Photostream) source
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The U.S. Department of Justice has filed an antitrust suit against Apple, along with fellow publishers Holtzbrinck Publishers (MacMillan) and The Penguin Publishing Co. Ltd. (Penguin Group), accusing the companies of conspiring to raise the prices of ebooks. The lawsuits follow months of negotiations between the publishers, the DoJ, and state governments in an attempt to agree on a settlement. Apple has not publicly responded to the suit; however, MacMillan CEO John Sargent sent a letter to publishers and agent explaining that the company did not settle because it is “hard to settle a lawsuit when you know you have done no wrong.” (photo by Phil Photostream) source

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13:52 // 2 years ago
April 3, 2012
10:12 // 2 years ago
March 29, 2012

Former Goldman Sachs VP Greg Smith could cash in with memoirs

  • $1 million bidding war for memoirs by the ex-Goldman Sachs VP source

» Remember former Goldman Sachs VP Greg Smith? You know, the one who published his resignation letter in the New York Times? Well now he’s writing a book that will cover his 12 years with the company, and at least one expert on the bank expects serious blowback. William Cohan, author of Money & Power: How Goldman Sachs Came to Rule the World, explained that while the idea of the bank putting its own interests before its customers was not a new one, “what is new is that it’s an employee saying it.”

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15:53 // 2 years ago
July 29, 2011
16:38 // 2 years ago