mariemarie
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Virtual Reality: The Internet - where to?
Every now and then I hear businessmen, executives, or other media professionals, at times very high-ranked ones, declare that "with all due respect," the Internet has yet to prove itself. They argue that the business model is not clear enough and no one really knowshow to make money out of this World Wide Web and where it's going anyway.
So, first of all I urge them to present this question to Niklas Zentrum (founder of Kazza and Skype) or Brad Greenspan (founder of Myspace) or Nahum Sharfman (founder of shopping.com) or Mark Zuckerberg (founder of facebook) or any other who made millions and sometimes even billions from the Internet industry.
Let's try to examine more thoroughly the issues of the unclear business model and where is it all heading.
The internet is a young industry. Very young. Only in the first half of the 1990s did it become available to the general public. The radio, just for the sake of comparison, was widely used already in the 1920s. The Internet market is nascent and rapidly growing thanks to technological developments. Due to this rapid growth and a dynamic business environment, the way money is being generated constantly changes. Business models that were effective five years ago are not necessarily relevant today.
Btw, if you'll look at the "traditional" content on youtube, Tom & Jerry for example, or just a clip of Michael Jackson, you'll see that they have millions of views, that is to say that users are looking for the same content they consumed on television.
Entire article http://www.jpost.com/servlet/Satellite?cid=1228728121465&pagename=JPost/JPArticle/ShowFull
Now, software that can spot 'next great music superstar'
Washington, Dec 9 : Want to know whether you'll make it big like Madonna, Britney Spears or King of pop Michael Jackson? Well, researchers from Tel Aviv University's School of Electrical Engineering have developed software that, they claim, can predict future hit artists.
Lead researcher Professor Yuval Shavitt, of Tel Aviv University's School of Electrical Engineering, has developed a computer algorithm that can spot an emerging artist several weeks or months before national success hits.
"Until now, talent scouts for record companies used instinct to predict the next rock personality," said Shavitt.
"Our software has an astonishing success rate about 30pct, and in some cases up to 50pct. We've crossed a new frontier in the record business," he added.
For developing the algorithm, the researchers examined a large amount of data from collected from Gnutella, the most popular peer-to-peer file-sharing network in America.
They looked at the user queries for unknown artists over a nine-month period during 2007.
By examining the first 6 months' worth of data, and then using the remaining 3 months' data to track the increasing popularity of those artists, they developed a system to predict which artists would break out of their local markets.
"The key was understanding the role of geography in the rising popularity of these artists," said Shavitt.
They realized that those artists who eventually made it to the national level first had a huge number of user queries in their local region, even when they had zero queries from elsewhere in the United States.
The numbers for new artists started small, often with 5, then 20, then 150 queries within the artist's home city each week, sometimes localized even to a specific urban neighbourhood.
Soulja Boy ("Crank That") and Sean Kingston ("Temperature") were both flagged by Prof. Shavitt's system in April 2007, weeks before they emerged into the national spotlight. Both songs became Billboard hits when they entered the charts in June of that year.
Shavitt hopes that his software could become a profitable tool for music producers and record labels and a boon to young people who want to be in the know.
Today in
Michael Jackson History
Michael Jackson History
1984 - The Jacksons played their last show of the decade together in Los Angeles, CA.
1995 - Michael Jackson's single "Earth Song" debuted at #1 in the U.K.
2003 - The Indianapolis Star reported that Tito, Marlon, Jackie and Jermain Jackson had signed a tentative settlement in two civil lawsuits. The lawsuits accused the Jackson brothers of failing to credit producer Gordon Keith and R&B group Ripples and Waves for their work on the compilation releases "Pre-History: The Lost Steeltown Recordings" and "Ripples and Waves: An Introduction to the Jackson 5."
2003 - A document was leaked that revealed that Michael Jackson was investigated on sexual abuse allegations in February 2003 and that investigators found the charges to be "unfounded."
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