Word: sharing
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...time poker has had its share of successful amateurs in recent years, some of them simple garage gamblers with a dream of getting in a high-stakes game and, when they finally do, riding good cards and tight play to a money finish. Indeed, the current chips leader in this event (with 58.9 million chips) is Darvin Moon, 45, an honest-to-god logger from Maryland. (Read "The New King of Poker...
...Your book suggests a lot of the mistakes the media have made are because of the moguls. Media moguls are a little like investment bankers, and I say this with humility. Investment bankers always have No. 1 market share because they only count the deals that they do. Similarly media moguls look like geniuses because they only talk about the deals that went well. The best example of that is when [News Corp. CEO Rupert] Murdoch bought MySpace - and it's rumored Tom Freston lost his job [as Viacom CEO] over not buying it - everyone talked about MySpace...
...jury still out on MySpace? Absolutely. Since the acquisition MySpace has lost significant share to Facebook, which reflects just how hard it is to maintain barriers to entry on the Internet and why it's such a tough environment to play in. Now a number of folks say "Well, look, Google gave them $900 million in an ad deal for something they only paid $580 million for. How can that be bad?" And the answer to that is: Given that Fox Interactive Media group, of which MySpace is a part, actually lost money this year even after the short-term...
...Gordon was quick to share the credit for his outstanding...
...city's jaded voters have had their share of politicians who are more style than substance, and Pugh's talk of bringing change to the city is sometimes vague and simplistic. He has suggested putting teams of volunteers on Detroit's streets to give residents various facts about the city. He has floated the idea of bolstering neighborhood-watch clubs to reduce crime. He has pledged to create a website to improve citizens' engagement with elected officials. "You walk through neighborhoods and people say, 'I've never seen the people I elect around here,' " Pugh observes...