Word: platformization
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...this isn't your kids' social network. While Facebook became the darling of Silicon Valley in June 2007 when it created a completely open platform for developers - who quickly launched hundreds of thousands of applications - LinkedIn's plan is to carefully and slowly vet everything that goes onto its platform. "We don't want zombies and werewolves and all that," said Reid Hoffman, the brilliant entrepreneur who founded LinkedIn in May 2003, during a particularly bleak part of the dotcom meltdown. He told me that if his social network offered 60 applications a year from now, "we'd be very...
Jamie Templeton, LinkedIn's vice president of platform development, said the key to opening the network to outside developers is making sure every application provides value to a business user. LinkedIn's members, he said, "are professionally oriented. They want to come in and get the job done. They don't have tolerance for a signal-to-noise ratio that other populations...
Putting the users ahead of the developers is a smart play. It'll be riveting to see whether this approach ultimately trumps Facebook's open platform...
...Olson also has some clout in South Asian circles-his old boss Senator Cornyn founded the India Caucus in the Senate and is well-regarded by the district's Indian-American voters. Olson's pitch to voters emphasizes "a new generation of conservative leadership" for the district and his platform includes conservative stands on family and faith issues, low taxes and and cuts in government spending that have some appeal to small businessowners. However, one longtime commentator and analyst of Texas politics, Harvey Kronberg, editor of the Quorum Report, an Austin-based political newsletter, said he has never seen Democrats...
...think you've been on a roller coaster ride watching your brokerage account, spend some time with the professional traders, platform operators, and stock exchange executives who deal with stock prices on a minute-by-minute basis. At Thursday's volatility conference, held at City University of New York's Baruch College, some of the people closest to the market swapped stories of operating in such a harried environment. "Everything happens so quickly now, you don't have time to digest it," said Tim Mahoney, CEO of Bids Trading, an order execution firm, speaking from the dais. "I'm grateful...