Word: product
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...conquer the Net, but few managed to be anything more than also-rans in the innovation game. In 1995, he launched a gated online service, MSN; a Web-based email client, Hotmail was purchased in 1997; a search engine, MSN Search, launched in 1998 using a third-party product as its core; a chat client, Messenger, was released in 1999; and last year it bought an online advertising platform, aQuantive and became a significant, though minority investor, in social network Facebook...
...Reducing the size of products as a way of increasing prices is not new. Frito-Lay cut the amount of chips in their bags and Poland Springs reduced its water cooler jugs from 6 to 5 gallons years ago, all while keeping prices the same. Still, says Chris Waldrop, director of the Food Policy Institute at the Consumer Federal of America, "What's going on now is definitely reflective of rising food costs and rising fuel costs." Waldrop says he doesn't blame manufacturers for taking the step to protect their bottom lines, but says the food companies should...
...When a product amount drops below a benchmark like "1 pound" or "1 gallon" consumers often take note, according to Gourville. But after that, it's much easier for manufacturers to further whittle down amounts. It's all about taking away consumers' ability to compare apples to apples. The best way to compare food products if you're not sure if sizes have changed is to look at the "unit price," which breaks down the cost per ounce or per quart...
Carlin was a product of the counterculture era in lifestyle as well as comedy. His drug use became so heavy in the mid-'70s that it began to affect his health (he had a heart attack in 1978, the start of heart problems that would eventually kill him) and his career as well. "I really wasn't being as creative," Carlin admitted years later. "I lost years. I could have been a pole vaulter in those years, and instead I was kind of like doing hurdles...
...news for Facebook: It lost its functional second in command today. Matt Cohler, 31, who oversees the Facebook "product" and is generally perceived to be the core of the original management team, is joining Benchmark Capital, a powerful Bay Area venture capital firm...