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| 29th September 2006 |
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Prompt Communications Newsletter
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Dear Reader,
Web 2.0 technologies are all the rage at the moment – lots of start-ups popping up and plenty of venture capital funding sloshing about for those with potential to do well. But is the Web 2.0 moniker really deserved? Perhaps all we’re really seeing here is plain old Web 1.0 swinging back into vogue. If the original dotcom boom went too far, then perhaps so did the dotcom bust. Sure, some people got a bit carried away and wasted money on some pretty daft ideas, but nobody really believed that the web was going to do anything other than keep on getting bigger and bigger, did they?
For any feedback on our newsletter, or to discuss how we can help you with your technology PR, marketing, copywriting or surveys, please call me on 0208 996 1653 or email me at hbutters@prompt-communications.com. We are always delighted to hear from you.
Best regards,
Hazel Butters
Prompt Communications
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Technology Update
By Sean McManus and Dave Wilby
British Library comes out against DRM
The British Library has expressed concern that digital rights management technology is being used to undermine the public domain. Copyright law includes exceptions for work to eventually pass into the public domain, at which point it can be freely copied, adapted and reused. This is an attempt to balance the need for creators to earn money from their works and the need for an unencumbered popular culture. Lynne Brindley, chief executive of the British Library, said: "DRM...can't be circumvented for disabled access or preservation, and the technology doesn't expire (as traditional copyright does). In effect, it's overriding exceptions to copyright law." The British Library called for copyright law to be reviewed at the Labour Party Conference this week.
New Intel chips on menu earlier than expected
Intel CEO Paul Otellini used his keynote address at the company’s San Francisco Developer Forum on Tuesday to confirm a range of energy-efficient four-core CPUs would be shipped in November – way ahead of the 2007 release date publicly scheduled. Clued-up commentators for publications such as the San Francisco Chronicle believe the surprise accelerated launch window is all part of a more concerted effort to regain a technology lead over rival chip developer AMD. Back in 2003 AMD famously beat Intel in a crucial race to release 64-bit commercial CPUs first, and snatched crucial market share as a result.
Branson to invest in green technology
Richard Branson says he plans to invest £1.6 billion in green technology over the next ten years. He will give all the profits from his airline and train business to Virgin Fuels, which aims to develop renewable energy technologies. Virgin Fuels is already backing a business that aims to make bio ethanol from corn. Friends of the Earth made positive noises, but warned that the continued fast growth in air travel was environmentally unsustainable.
MoD lacked budget to investigate UFOs
Documents released under the Freedom of Information Act (FOI) reportedly reveal that the Ministry of Defence (MoD) has taken a serious interest in UFOs since the seventies, but has lacked the funding to investigate fully. The paperwork released shows that the MoD tried to cover its tracks and conceal how important UFOs were to it. "The lengths they went to remove any mention of the Defence Intelligence Staff's central role in investigating sightings suggests they had something to hide," said David Clarke, a lecturer in journalism who submitted the FOI request. "But what they were hiding was not evidence of ET visits but embarrassment at the fact they were never allowed to spend public money on investigating the subject in any depth."
...and finally
A three year old boy reportedly bought a car on Ebay by clicking on the ‘buy it now’ button. His mother is quoted as saying that he is ‘quite good on the computer’. The understanding seller will re-list his pink Nissan, which has an asking price of £9,000.
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Consumer Tech Update
By Dave Wilby and Sally Forge
Gaming gurus turning Japanese? I really think so.
The Tokyo Game Show 2006 closed this week, but not before it officially became the biggest video game expo in the world ever. Celebrating its tenth anniversary, this rapidly expanding games extravaganza held at the Makuhari Messe in Chiba, now eclipses rival show E3 boasting more exhibitors, a longer run, and of course zillions more visitors thanks to a closing weekend open to the public.
News surrounding the next generation of consoles from Microsoft, Sony and Nintendo naturally hogged the limelight this year. Key announcement included: Sony’s decision to cut 20 per cent off the previously anticipated launch price of its 20GB, EUR499(£338), and 60GB, EUR599(£405), PS3s in a renewed effort to compete with the Xbox 360 despite launch delays; the revelation that Nintendo’s Wii would be priced at under EUR250 (£170) in UK and Europe; and Microsoft’s latest push to crack the all-important Japanese market with the Xbox 360 platform by snapping up a fresh raft of games licences. For more questions about this year’s show, check out this handy Q&A on the BBC’s technology pages.
HMV Games to hit the shelves today
A computer gaming publication will be distributed in-store at 230 HMV shops across the UK and Ireland, from the end of September. HMV Games is being produced by Future Plus, the customer publishing arm of Future Publishing the bath-based publishing house responsible for PC Gamer, EDGE, Xbox and the official Nintendo magazines, as well as wide variety of specialist consumer magazines.
The new HMV Games, including games reviews, HMV money-off vouchers and covering gaming news is expected to be published four to six times a year. Brand Republic reports that the aim of the new title launch is to further HMV’s commitment and strength in the games retail market.
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UK Media Report
By Annie Kasmai
The Guardian has launched a new environment section for its website, edited by Hilary Osborne. The new section includes news on green issues, climate change and energy use as well as tips for how people can make their lifestyles greener. Osborne is editing the environment section from Monday to Wednesday as well as working part-time as deputy editor of the Guardian Unlimited Money.
Mark Reen, the group ad director of IPC Southbank is leaving the industry next year to go back to university to study for his MBA. He will be leaving IPC after fourteen years with the company to pursue a degree at Ashridge Business School.
US Media Report
By Heather Lynch
Financial Times has a new columnist, Larry Summers, former treasury secretary under President Clinton and the former president of Harvard University. Summers’ column will cover U.S. and global economic issues, national politics, education and foreign policy. Financial Times is written for international business executives covering economic developments.
02138, a magazine launching this September in Cambridge MA (home of Prompt Communications, no less) cites the postal code known as "the most opinionated zip code in America." The magazine will target the alumni of Harvard University—"America's pre-presidential playground, a cocoon for future billionaires, and the crown jewel of the Ivy League," according to the New York Sun. Atlantic Monthly magazine’s parent company has given 02138 $4m in funding according to the New York Observer.
Apparently coincidentally, a second magazine of the same name yet different ownership will also launch this Fall, however targeting a non-affiliated audience with aspirations of "talking about anything," according to Harvard’s TheCrimson.
Newsweek International’s editor Fareed Zakaria was voted one of the "real sexiest men alive" by O, The Oprah Magazine, and will be printed in the October issue. The criteria were "brains, humor, compassion and commitment." The Mumbai-born journalist, called "brilliant but accessible" by O, was the managing editor of Foreign Affairs before joining Newsweek.
Future Proof #11
By Lance Concannon
This Web 2.0 stuff has gone too far. Have we forgotten that the original purpose of the internet was to enable us to shrink away from actual human contact, lock ourselves in our homes and never have to talk to or otherwise interact with other people?
These days practically every web site you visit forces you to participate in social networks and interact intelligently with online communities. Really, what’s the point of that?
If we wanted to deal with other people, we’d log off and go outside to work or the pub or something. When you boffins get round to inventing Web 3.0 can you please fix it so none of us have to talk to each other ever again.
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Web 2.0 Watch
By Dave Wilby
Venture capitalists investing more in Web 2.0 startups
The unstoppable Web 2.0 juggernaut gathered further momentum this week on the back of a new report which revealed booming venture capital investment in this market. A study released by US investment analyst Dow Jones VentureOne revealed investments in Web 2.0 companies reached $262.3 million (£139m) during the first half of this year, already exceeding the $199.2 million (£105m) invested during the whole of 2005.
According to the San Jose Mercury News, this swift acceptance of such an embryonic market can be attributed in part to the fact that Web 2.0 companies often need less money than other start-ups and represent lower risk. According to VentureOne, Web 2.0 firms raised an average of $4.4 million (£2.3m) per deal in the first half of 2006, compared to an average for all venture financings of around $7.5 million (£4m) per deal.
One potential capital investor, Sharon Wienbar from San Francisco firm BA ventures, did at least attempt to balance the giddy optimism oozing out of the fresh report with these sage reflections: "You look at MySpace and YouTube and Facebook and those companies alone are valued in the billions of dollars. How do you know if you're too late? You worry about being the nth player in a space. It's scary."
Corporate blogging on the rise
Revolution magazine covered the launch the 2007 graduate recruitment blog by Cadbury-Schweppes, saying that last year’s blog created a 50% increase in applications to the graduate trainee scheme. Cadbury-Schweppes developed the online recruitment system in recognition of the fact that new graduates now fully expect to use online channels of communication and says that graduates from different departments are "encouraged to write freely about their experiences on the graduate training scheme", in an effort to provide potential graduate trainees with authentic insights into the working day at Cadbury Schweppes.
CNN recently reported on the blogs of board level executives at leading multinational corporations. CEO and president of Sun, Jonathan Schwartz says every analyst and key investor that he meets has read his blog beforehand and that blogging makes sense to a corporation that serves niche markets such as storage, network software and microprocessors. An executive consultant quoted in the article warns of the potential downside of blogging, that it can incite "critical, hostile responses from trolls," and that CEOs of 5,000 employee companies shouldn’t have to deal with trolls.
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Best of the 'Net
By Sean McManus
Greenpeace Apple
Loads of sites rip off Apple’s website design, but few are as audacious as this: Greenpeace is campaigning for Apple to be more environmentally friendly in how it designs and makes it products. To do that, it’s built a site that apes Apple’s homepage, including lots of information about Apple’s environmental crimes (compared to other companies). It’s a great campaigning tool that only works because Apple’s design is so distinctive. If Greenpeace parodied the Dell website, would anyone notice?
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Tech Toon
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