Facebook’s real problem isn’t privacy, it’s monetization.
Dave McClure, as quoted in Social-networking sites work to turn users into profits
In many respects, it is the same query that dogged portal companies in the mid-1990s and search engines in the early ’90s. Some were sold. Some went public. Some went belly up.
The ongoing challenge is to concoct a potion — be it through banner ads, premium subscriptions or licensing agreements — that no one has perfected. Facebook, crown jewel of the field, is valued at $15 billion but barely turns a profit.
|Depending on how you look at it, the Chinese government’s attempt to rein in the Internet is crude and slapdash or ingenious and well crafted.
John Ritter, The Connection Has Been Reset
When American technologists write about the control system, they tend to emphasize its limits. When Chinese citizens discuss it—at least with me—they tend to emphasize its strength. All of them are right, which makes the government’s approach to the Internet a nice proxy for its larger attempt to control people’s daily lives.
|Most people assume that so-called GRC software–governance, risk and compliance–will continue to gather steam, as big boys like Oracle and SAP continue their marketing. It makes sense to automate compliance and risk issues, but the reality of this nascent field is that there really isn’t a single point solution.
John Hagerty, CFOs face complex GRC software decisions
|“With open source software, there is this thing called the GPL, which we disagree with.”
Bill Gates as quoted in Bill Gates on Pharmaceuticals: The System Isn’t Working
I have to admit, I am a big Bill Gates fan. Richard Stallman, on the other hand, is definitely not a Bill Gates fan. It’s seems like I read and read and read about Microsoft and open source, but I still can’t hear what MS is saying because I can’t get past the politics and the gigantic personalities of these two men. I wish they’d both stop blowing smoke.
A little more info about how AML software accidently caught a big fish.
By law in Canada and the U.S., banks are obligated to report cash transactions of more than $10,000. According to U.S. federal officials, Mr. Spitzer’s transactions were flagged because it appeared as though he was trying to evade notice by moving several smaller amounts, which is known as “structuring.” In Mr. Spitzer’s case, three cash transactions amounting to more than $10,000 within a relatively short time frame set off alarms.
| I have come to the realization that this industry does a wonderful job in telling its members WHAT to do, but lacks to follow-up with the HOW.
Michael Manos, Struggling with CADE, McKinsey / Uptime Metric
Lots of buzz about the Uptime Institute’s symposium on IT Energy Efficiency and the study McKinsey released called Revolutionizing Data Center Efficiency . It’s interesting that Michael Manos estimates that only 10% of data center managers measure the efficiency of their facilities. Could it be because it’s almost impossible for the average Joe to get the data they need to plug in the formulas? Or could it be that they’re waiting for a clear winner in the proposed metrics? Try this one out for size: CADE.
CADE is the new metric-of-the-week.
CADE (Corporate Average Data center Efficiency) = (Facility Efficiency) x (Asset Efficiency)
Facility Efficiency is defined as (Facility Energy Efficiency) * (Facility Utilization)
Asset Efficiency is defined as (IT Energy Efficiency) * (IT utilization)
If you’ve never seen Chris Pirillo on video — or you just love Wayne’s World — here you go.
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|The question I am asked most often is “How do I install a dual-boot with Windows XP on my new Windows Vista computer?” The answer is that it’s not that difficult, it’s just very time consuming, and you need to own a copy of Windows XP.
The How-To Geek, Install Windows XP on Your Pre-Installed Windows Vista Computer
Home users are pretty much stuck with Vista unless they want go to someone like The How-To Geek for help, but vendors have found a better way to continue giving enterprise customers XP. Apparently there’s a loop-hole called Downgrade Rights in Vista Ultimate and Vista Business licenses that allows the vendor to downgrade the operating system if that’s what the customer wants.
Rumors that Microsoft had confirmed a release date for Windows 7 in two years got a lot of people excited last month, but according to Ken Fisher over at Ars Technica, it was just spin.
|“We need so much processing power, there would even be an issue about getting enough electricity to run the computers if they were all at Cern. The only answer was a new network powerful enough to send the data instantly to research centres in other countries.”
Tony Doyle as quoted in Coming soon: superfast internet
Yes, that’s right folks. The Internet could soon be made obsolete by a new “grid” system that’s going to transfer data 10,000 times faster than our current broadband Internet connections. Think of it — 10,000 times faster!!!
The Grid’s main purpose is to track the data associated with CERN’s Large Hadron Collider “big bang project” — although the Grid will also be made available to some researchers. Current thinking is that CERN is reinventing the Internet and no matter what you think about CERN messing with sub-atomic particles, the idea of a new Internet is intriguing — especially with recent predictions of our “using up” the Internet we have by 2010.
The new Grid has routing centers, dedicated fiber optic cables and over 50,000 servers — and the potential to offer everything from HD video telephony to the transmission of holographic images.
The Large Hadron Collider is supposed to be turned on sometime this May. (The turn-on date has been delayed many times.)
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