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The Internet is alive and well (As an investment)

As you probably know, Wall Street Journal’s columnist James Altucher wrote an article about his perception of the Internet as a business medium and, most important, as an investment option. According to Altucher, the Internet …
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online

21.6.2009

Facebook doubles traffic within one year and beats MySpace. The question remains: Where’s the money?

I never really understood why should I use a social network. I strongly believe it’s a waste of time. Still, millions use Facebook and MySpace, only them knowing exactly why. Still, talking in terms of business, the only happy people are the founders of MySpace, the ones who sold the business to Rupert Murdoch. With Facebook kicking MySpace ass in terms of traffic, the situation changes.

media

24.5.2009

Are we really going to pay for news? Are you sure?

Mr. Rupert Murdoch, the root of all media evil, so to speak, said that he is thinking of charging the online news consumers. He trully believes that in a crisis, people are going to spend their money on buying news instead of going to the market place to buy cheaper-than-in-a-supermarket onions. Now, I’m pretty sure Mr. Murdoch is aware that people say they are willing to pay for news, but I don’t know if people are really aware that though they say they would, they wouldn’t really empty their pockets for information they can eat for free from alternative news sources.

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