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...What Dell really risks is playing the fool in front of its investors again. The company was late getting into the retail business and away from the model of selling all of its machines via the internet or phone. As rivals like Hewlett-Packard (HPQ) have moved further into the software and services businesses, Dell has been flat-footed. Dell plans to get into the handset business, which is already crowded with cut-throat competition from RIM (RIMM), Apple (AAPL), Nokia (NOK), and Samsung...
...rejected by users early on" - and nonprofit financing, which is doomed to fail because there simply isn't enough funding there to become a sustainable solution. The report's authors instead suggest the news industry should adopt a "cable model" that draws upon a monthly fee built into Internet access, or the creation of "online retail malls" within news sites so publications can draw revenue from "point-of-purchase fees." (See the top ten television feuds...
...Behind the wild success of Ghost Blows Out the Light is a booming internet-novel industry that is largely unique to China because of the greater freedom from censorship enjoyed online by writers and readers. Shanda Literature, which controls over 90% of China's online-reading market, rakes in an estimated revenue of 100 million yuan ($15 million) per year. Running three popular online-novel websites, Shanda boasts a total readership of 25 million and is growing at 10 million per year, according the company. "The Chinese people need a platform to express their creativity," said Hou Xiaoqiang, founding...
...describes the company - in which budding writers self-publish their work without having to be vetted by editors - as not only a profitable business, but also an extension of his own literary aspirations. "I believe everyone can be a writer," he says. "Especially now, when the Internet really has become part of our lives...
...tradition of online literature in China, Hou and other writers say, goes back to the mid-'90s, when the bulletin-board system, or BBS, first appeared on the Chinese Internet as a platform to share opinions and in many cases literary creations. "I still recall my astonishment when I read my first online novel some 15 years ago on a BBS," says Zhang Kangkang, a renowned novelist and vice chairwoman of the Chinese Writers Association. "It was then that I realized how serious and creative the so-called online literature can be." Although largely substituted now by social-networking sites...