Twitter, the decade plus old company is still trying to define what it is and how to make money. It is trapped in a business model of providing free service in exchange for our souls and friends. Based on the past performance there is little hope that Twitter’s future will be brighter. The number of free users is not growing fast enough (if at all) and the revenue from ads is not rising fast enough to stop the bleeding. What…
Facebook is now ready to dominate the online world of business with the latest announcement from its F8 conference. The company made it very clear that having 1.35 billion active users and allowing them to share bad selfies and cat videos is not their end game. I’m shocked. Really. True, Facebook is making some good money from advertising but hey – that’s just for the cash flow. Their strategy is to dominate businesses within the social networking site as well…
Amazon, the global warehouse for universe of goods, is promised us next-day delivery – hey wait, that’s yesteryear’s news. Although many current online retailers still struggle with this, with Amazon that chestnut of a promise is from so many years ago now. Not to be discouraged, Amazon has upped the ante several times. First, the internet giant started with same day delivery – and just how did they do that? Amazon created distribution centres where the highest volumes of purchases…
The European Union (EU) decided the time has come to break up Google http://g3t.ca/vyBTFr – Why? Because Google has more than 90% of market share in Europe and the EU does not like the fact that the internet giant is trying to offer the best user experience and capture the majority of the advertising euros. To the EU, Google is for lack of a better word, a monopoly. Let’s consider for a moment the possibility that Google would be broken…
Welcome to this week’s Technology Updates, a vibrant mix of hot topics and future trends. The future is here…. Big Data or Hype? The Globe and Mail reported that the Maple Leafs are betting big on Big Data. It is surprising that it has taken them this long. Other sport organizations, notably the MLB with its sabermetrics (http://g3t.ca/q1hK49), have been doing it for quite some time. The Maple Leafs started pouring resources into gathering data, analysis, visualization and predictive analytics.…
Welcome to this week’s Technology Updates, a vibrant mix of hot topics and future trends. The future is here. Are you healthy enough? Have you heard of Wello or AliveCor? These are a new breed of devices which attach to your smart phone and claim to detect atrial fibrillation, track your blood pressure, temperature and even more. You can also get other devices that can measure your sleep patterns, oxygen level in your blood, and your overall physical activity. Our…
Welcome to this week’s Technology Updates, a vibrant mix of hot topics and future trends. Omission from the last week. I apologize for not mentioning an important historic event last week. It was on July 20, 1969 when man stepped on the moon for the first time. The crew of Apollo 11 – Neil Armstrong, Buzz Aldrin and Michael Collins were the first ones. More on that at —> http://g3t.ca/b7lrY5 The future is here. The unintended consequences of being forgotten…
Welcome to this week’s Technology Updates, a vibrant mix of hot topics and future trends. What is Really Happening on the Internet The tragedy of Malaysian flight MH17 is on everybody’s mind. It is impossible to comprehend why anybody would commit such an act. While all parties are quick to point fingers at each other, the simple fact remains – there are close to 300 people dead. The propaganda campaign is raging. To get information from around the world, follow…
Welcome to this week’s Technology Updates, a vibrant mix of hot topics and future trends. The future is here Do you have a Facebook account? If so, you may be one of the almost 700,000 people Facebook used as their very own lab rats. Facebook decided to test how negative stories can influence your inclination to write negative posts. According to the authors of the study: “We show, via a massive (N = 689,003) experiment on Facebook, that emotional states…
Facebook, the place where you can find everything about your friends, is applying for permission from the Ireland’s central bank to allow its users to store and exchange money. There are few details to be worked out, but for the sake of argument, let’s assume they manage to satisfy the regulator requirements. It will mean that Facebook will know: who your friends are; your favourite things; your sentiment about causes you care; and provide you with an offer you won’t…
