Tuesday, August 10

Shifting to Social News

The social network of a reader is quickly becoming their personalized news wire. That’s because in the last five years, a revolutionary shift has taken place in the way we consume news. We have gone from consuming news through traditional media and news websites to having the news broadcast to us by our social network of friends. In fact, 75% of news consumed online is through shared news from social networking sites or e-mail. Social news is finding us.

Jay Rosen, New York University journalism professor and media critic said, with credit to Clay Shirky, that “there’s no such thing as information overload, there’s only filter failure.. People can use the [Facebook] news feed and their Twitter streams as their editors,” Rosen said.

NPR decided to take a closer look at its more than 1 million Facebook fans with a survey. Do people really use their social network to get news? After more than 40,000 responses to the survey, 74.6% said that Facebook was a major way in which they received news and information from NPR, and 72.3% said they “expect” their friends to share links to interesting information and news stories with them online.

Read more at Mashable.

Monday, August 9

Gaming Industry Evolution

From plummeting sales to a shift to social networks, critics love to endlessly debate what ails the gaming business. Sales of games for PlayStation 3, Wii, Xbox 360 and popular handheld consoles slumped a whopping 15 percent to $531 million in June, according to market research firm NPD. Credit the rise of new technologies -- from downloadable games to smartphone apps -- streaming "cloud" games and social network titles. People are finding experiences and products elsewhere, and different businesses are emerging that large infrastructure companies aren't used to adapting to, and a lot of them won't be able to adapt to.

Read more at CNN.