Saturday, February 1

The Movie-making Billionaires Club

Lionsgate has achieved a level of success no one predicted. American box-office figures for 2013 are now in, and they show that the second “Hunger Games” film helped Lionsgate to overtake Paramount and Fox. Other than the surviving six “majors”, all dating from the age of Gloria Swanson and Rudy Valentino, the young challenger, founded only 17 years ago in Canada, is the only studio to have grossed more than $1 billion in a year, as it did in 2012 and 2013.

Read more in the Economist

Testing, testing

A whole industry of services to help startups tweak their offerings has sprung up, too. Optimizely, itself a startup, automates something that has become a big part of what developers do today: A/B testing. In its simplest form, this means that some visitors to a webpage will see a basic “A” version, others a slightly tweaked “B” version. If a new red “Buy now” button produces more clicks than the old blue one, the site’s code can be changed there and then. Google is said to run so many such tests at the same time that few of its users see an “A” version.

To see how people actually use their products, startups can sign up with services such as usertesting.com. This pays people to try out new websites or smartphone apps and takes videos while they do so. Firms can tell the service exactly which user profile they want (specifying gender, age, income and so on), and get results within the hour.

Read more at the Economist

Tuesday, January 28

California says no to Stephen Glass

The California Supreme Court has ruled that disgraced journalist Stephen Glass is not welcome as a lawyer in the state.

The New York Times reports:
The 33-page ruling was stinging in its portrayal of Mr. Glass’s character, raising questions about his motives and sincerity despite the appearance of character witnesses who testified in his favor. The court said Mr. Glass had not been forthright in a previous application to the New York bar and had not acknowledged his shortcomings in that effort (he was informally notified in advance that his New York application would be rejected). Many of his efforts at rehabilitating himself, the court wrote, “seem to have been directed primarily at advancing his own well-being rather than returning something to the community.”

Read more at the New York Times