Make no mistake, mobile / cardless payments are coming in a huge way
80% of AOL’s revenue comes from subscriptions, and, according to an ex-AOL exec, 75% of those users are people who subscribe to the dial-up service and don’t need itThe New Yorker (via Consumerist)
New highs! Yahoo! stock closes at an all time high, $475.00 (pre-split price) a share. Investors begin to fill swimming pools with hundred dollar bills.From a Focus.com infographic on the Rise and Fall of Yahoo
Even though fewer than 6% of US social gamers spend money on virtual items, these avid players will produce revenues of $653 million in the US alone this year.Paul Verna, Senior Analyst at eMarketer
The paradox in business, especially at a public company, is, ‘When do you focus on growth, and when do you focus on money?’ We focused on money and Facebook focused on growing the user base and user experience.Chris DeWolfe, Co-founder, MySpace
The iPhone is built for speed, but that’s not what you get with a CDMA phone. I’m not sure iPhone users are ready for life in the slow lane.Larry Solomon, AT&T PR
Just four seconds after midnight in Japan on January 1st, Twitterers set an all-time record in the number of Tweets sent per second (TPS). At that moment, the world sent a staggering 6,939 TPS wishing friends and followers a fond “Akemashite omedetou gozaimasu” (“Happy New Year!”).
… discouraging paid applications on the Android platform is in Google’s interest. If users won’t pay for applications, what will developers use to make money from their applications? Advertising.Interesting perspective from Kyle Baxter
What is valuable is filtering and curation. Restricting access to content doesn’t work. Someone else’s content will get filtered and curated instead of yours. Scarcity is not a viable business model on the Internet.Fred Wilson on the mobile web
