By samzenpus from Slashdot's cost-of-doing-business department
An anonymous reader writes "Weighing in on Yahoo's recent acquisition of Tumblr for $1.1 billion, social networking entrepreneur Adam Rifkin argues that Tumblr is extremely valuable business property because it has successfully organized itself around the 'Interest Graph' (people interested in the same hobbies or things), rather than the 'Social Graph' (family, friends, and coworkers/colleagues, as is typical for Facebook). He opines that, for a social networking site, readers are far more important than writers; writers, after all, 'have time but no money. Certain groups are going to be overrepresented: Students, stay-at-home moms, the underemployed, retirees.' While readers are just the opposite: they 'have money but no time.... They want to see a picture of a watch they like, and buy it now.' In other words, it's the readers of the content that businesses are trying to reach. And interest graphs can be specifically targeted by businesses, much more so than social graphs."Read Replies (0)
By Soulskill from Slashdot's then-teens-will-just-stop-caring-about-mistakes department
An anonymous reader writes "Speaking at the Hay Festival in the U.K. this weekend, Google's Eric Schmidt spoke about the permanence of your online presence, and how that will affect kids growing up in an online world. 'We have never had a generation with a full photographic, digital record of what they did. We have a point at which we [Google] forget information we know about you because it is the right thing to do.' He makes the point that a lot of respectable, upstanding adults today had dubious incidents as kids and teenagers. They were able to grow up and move past those events, and society eventually forgot — but today, every notable misdeed is just a Google search away. CNET's coverage points out that 'mistakes' can often be events that put somebody's life on track. 'A word or an act can seem like a mistake when it happens — and even shortly afterward. In years to come, though, you might look back on it and see that, though it created friction and even hurt at the time, it served a higher and more character-forming purpose in the long run.' Of course, it's also true that some mistakes a simply indicators that somebody's a schmuck."
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