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30 Jul 2009 10:23

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Biz: A big web-only news experiment, AnnArbor.com, missed its launch date

  • Old launch date: Monday. New launch date: Tomorrow. Today, the Ann Arbor News, a 174-year-old Michigan institution, prints its last issue. On Monday, their parent company, Newhouse, was supposed to launch a Web product to replace the newspaper, giving some overlap time for users to get used to the product. But AnnArbor.com, which will include a twice-a-week print component, wasn’t ready so they didn’t launch it. Which means that tomorrow’s launch date leaves zero room for error and the possibility that the town will be without a primary news source if it gets delayed again. Talk about tightropes. source
Posted by Ernie Smith • 3 Comments • Permalink

30 Jul 2009 09:56

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Biz: Don’t cry for Exxon Mobil and their huge decrease in profit

  • 66% lower decline in profits for Exxon Mobil in the second quarter source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jul 2009 23:25

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Biz: From thousands to $30: iStockPhoto and the cover of Time

istockphoto0729
  • A great find from our friend Charles Apple (who wrote a great write-up on the site just as it was launching). This image was on the cover of Time, one of nation’s highest-circulation magazines, yet Robert Lam got paid just $30 for it. If a commissioned photographer took it, they would’ve gotten paid much more. It’s not the first time something like this has happened, but it’s becoming more prevalent due to the fact that some stock photo (and editorial content) sites tend to thin the value of content. Read the blog. It makes great points.source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jul 2009 22:29

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Biz: Cancer group: They should call frappuccinos “fatuccinos”

  • 561 calories number of calories a single Venti Dark Berry Mocha Frappuccino from Starbucks has – drinking a lot of these will make you very fat source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jul 2009 15:50

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Biz, U.S.: A damn shame: Nearly one-fifth of Detroit is out of work

  • 17% percent of Detroiters are sitting at home doing nothing source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jul 2009 10:12

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Biz: ConocoPhillips still makes bank with huge profit losses

  • 76% decline the loss in net income during the second quarter for oil giant ConocoPhillips source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jul 2009 09:12

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Biz, Tech: The stock market really doesn’t like the MS-Yahoo deal

  • 7% tumble in Yahoo’s stock following the deal’s announcement source
Posted by Ernie Smith • 0 Comments • Permalink
 

29 Jul 2009 09:07

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Biz, Tech: Microsoft and Yahoo, looking take on Google, find each other

  • It’s official. Yahoo has thrown in the towel. Microsoft and Yahoo have been talking about a search partnership for a while – talks that intensified after merger talks fell through, and now they see eye to eye on a 10-year partnership. MS will bring the Bing-Bing in the form of search, and Yahoo will bring the ching-ching in the form of advertising. The partnership makes them a formidable search competitor to Google’s 800-pound gorilla. source
Posted by Ernie Smith • 1 Comment • Permalink

28 Jul 2009 18:09

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Biz: You mean our alt-weekly might die? Screw it, we’re writing about sex

  • Tomorrow, the fate of our alt-weekly’s ownership may finally be decided, again. While Creative Loafing brass are hugging it out in Atlanta bankruptcy court, CP staff will be busy proving that we still deserve our paychecks. We’re spending the whole day writing about #^%#ing.
  • Washington City Paper blogger Amanda Hess • Describing her paper’s chosen way of dealing with the impending possible demise of her paper’s parent company, which is going to be in bankruptcy court tomorrow. WCP has been doing this a bit lately, including a notably frank Marion Barry cover a few weeks back. (Note: Link is NSFW.) • source
Posted by Ernie Smith • 6 Comments • Permalink

28 Jul 2009 11:21

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Biz, U.S.: Home prices are on the rise for the first time since 2006

  • 0.5% increase in home prices from last month source
Posted by Ernie Smith • 0 Comments • Permalink
 
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