Word: networking
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...important new steps to reduce costs as it also struggles to avoid bankruptcy and meet a June 1 deadline from the government for restructuring its operations. In its Monday announcement, GM said that by 2010 it intends to close 13 car plants, eliminate 21,000 jobs, reduce its dealer network by 42%, and eliminate the Pontiac brand. It also announced that it has reached an agreement with the U.S. Treasury to convert 50% of the outstanding government loans to the company - or about $5 billon - into GM stock. As a result of this swap, the U.S government would become...
...common wisdom says Facebook's move is part of the cat-and-mouse game the world's most-popular social network is playing with Twitter, the world's most popular micromessaging service. That may be partly true, but I doubt Facebook is all that worried about weetle-ol' Twitter. No, something more important is afoot: Facebook is embracing the AfterWeb and blowing up the browser. It is unbundling its website-based business and allowing developers to turn Facebook into a bunch of discrete services that can be delivered over a variety of devices (from PCs to smartphones) far more easily...
...know by now the problems with major-network TV. There are too many other channels, other media, other diversions. The audience has been sliced and diced into confetti, and it is no longer possible for a new drama to get tens of millions of viewers to sit down on their couches and watch the same thing at the same time...
Thanks to relentless marketing - Rosetta Stone commercials, some of which featured Michael Phelps after the Olympics, are ubiquitous - and a strong retail distribution network that includes Amazon, Apple, Barnes & Noble and mall kiosks throughout the country, Rosetta Stone is the most recognized brand in the $5 billion U.S. language learning market (worldwide, the Nielsen Company estimates that language learning is an $83 billion industry). Also, a second language enhances your resume; job searchers need every advantage they can get these days. "In this era of unemployment, language skills are very much in vogue," says Scott Sweet, senior managing partner...
...similarity to Facebook is no accident. Google profiles are the search giant's fiendishly clever attempt to turn your ego-surfing pain into their gain. By giving users a modicum of control over the results that appear on a search for their name, Google hopes to establish a social network beachhead and take on wildly popular sites like Facebook and MySpace. Facebook users who otherwise couldn't be bothered to set up a separate profile page on Google might find the idea appealing if it gives them some control over the Google search results for their name...