Thursday, June 6

FB: Social graphv vs Interest graph

Facebook is changing. Surely you've noticed. Your best friends are getting buried beneath memes; your mom is getting pushed aside by image spam. Your social graph is becoming secondary to your interest graph. Worried about competitors like Tumblr and Twitter, and urgently in need of new revenue flow following its rocky IPO, the biggest social network in the world is drifting away from its social core. Say hello to the new Facebook. You won't find many people here. But you will find a lot of trash.

Read more at the Daily Dot

Wednesday, June 5

newspaper circulation rises in the east and falls in the west

THE World Press Trends report collects masses of data about newspaper circulation and revenues in over 70 countries. The report makes for particularly gloomy reading if you happen to be employed by a newspaper in America or western Europe.

Since 2008 circulation in America has fallen by 15% to 41m while advertising revenue has plummeted by 42%, accounting for three-quarters of the global decline in advertising revenue in the same period. In Europe, circulation and advertising revenue have both fallen by a quarter. And revenues from digital sources such as websites, apps and so on have not made up the shortfall. Digital advertising accounts for just 11% of the total revenue for American newspapers. Looking further east, though, things look brighter. Circulation in Asia has risen by 10%, offsetting much of the decline elsewhere. With 114.5m daily newspapers, China has surpassed India to become the world's biggest newspaper market.

Read more at The Economist

Paywalls or No Paywalls, Newspaper Revenue Declines Seen Through 2017

Despite the promise of online paywalls and gains in digital readers, U.S. newspapers' total revenue will continue to decline through at least 2017, a new report said. Total U.S. newspaper revenue is projected to slip at a combined annual growth rate of 2.9% between 2013 and 2017, as circulation trends improve but advertising falls at a compound annual rate 4.2%, according to the latest annual Global Entertainment and Media Outlook from PricewaterhouseCoopers.

As more people go to newspaper websites, digital advertising is expected to increase through 2017, growing at a compound annual rate of 9.7% between 2013 and 2017, the report said. But the gains won’t be enough to offset the 7.8% compound annual decline in print ads.

Read more here

Sunday, June 2

The workforce in the cloud

Elance.com and oDesk.com (are) the two busiest among several newish online marketplaces for work, or “talent exchanges”. Last year the value of this sort of online work topped $1 billion for the first time; it will double to $2 billion in 2014, and reach $5 billion by 2018, forecasts Staffing Industry Analysts, a “contingent work” consultant.
 
There are other differences in the business models of the market leaders. oDesk simply takes a cut of all completed jobs; Elance also charges freelancers optional fees for extra services. Both have been trying to improve the quality of the reputation-rating system, and to ensure that work is being done by the person who accepted it rather than passed on to someone potentially less competent (“Still the biggest risk”).

Read more at The Eoncomist

Teaching old microphones new tricks

With the addition of suitable software, microphones can detect more than mere audio signals. They can act as versatile sensors, capable of tuning into signals from inside the body, assessing the social environment and even tracking people’s posture and gestures. Researchers have reimagined microphones as multi-talented collectors of information. And because they are built into smartphones that can be taken anywhere, and can acquire new abilities simply by downloading an app, they are being put to a range of unusual and beneficial uses.

Read more at the Economist