"The authors posit that the high degree of ambiguity surrounding crowdfunding might scare consumers away from supporting groundbreaking projects. In the typical shopping context, they point out, consumer regulations protect the buyer. But in crowdfunding, consumers may never receive the product... Another study found that more than 75 percent of successfully funded Kickstarter projects are significantly delayed... 'We speculate that the higher level of uncertainty in the crowdfunding context drives backers to choose modest innovations and shy away from more extreme innovations, i.e., innovations that are high on both novelty and usefulness,' the authors write."
After reviewing 50,310 projects, the team concluded that crowdfunding "may not be the panacea for innovation."
If Facebook were forced to make room for other services on its platform in the same way AOL made room for other chat apps, new services could emerge. "Facebook has to allow people to access their relationships however they want through other businesses or tools that are not controlled by Facebook," Matt Stoller, a fellow at the Open Markets Institute, said. "Having them control and mediate the structure of those relationships -- that's not right." Of course, people can opt out of Facebook and choose to use other, smaller social networks. But those businesses are essentially unable to thrive because of the hold Facebook has on how we communicate online. All our friends and family are already on Facebook, and because the platform is not regulated to allow competition, it's incredibly difficult for other, newer ones to emerge.
A spokesman for Oath, the new name of Verizon's Yahoo unit, said the company determined last week that the break-in was much worse than thought, after it received new information from outside the company. He declined to elaborate on the source of that information. Compromised customer information included usernames, passwords, and in some cases telephone numbers and dates of birth, the spokesman said.
So did they? Radionomy's Winamp page is still showing download links -- though they now lead instead to a forum post which says "code licensed to the previous owner" is being removed or replaced. But that post has been updated five times -- as recently as last October -- with "info about the next Winamp release," each linking to a thread on Winamp's forums which offer tantalizing glimpses into a still-ongoing development process. And last October a Winamp dev posted on Twitter that "a Winamp 5.8 public beta release could be imminent," while the web page at Winamp.com still says "There's more coming soon," with a background image of a llama.
"There's no reason that Winamp couldn't be in the position that iTunes is in today if not for a few layers of mismanagement by AOL that started immediately upon acquisition," their first general manager told Ars Technica in 2012. (Winamp's developers had been earning $100,000 a month just from $10 shareware checks before AOL acquired the company in 1999 for $100 million.) In May TechRadar wrote that Winamp "is still a great media player...but it now relies on third-party extensions to add features found as standard in more modern players."
I still remember all the visualizations and custom skins -- but does this bring back any memories for anyone else? Leave your thoughts in the comments. And what mp3-playing software are you using today?
But, points out Stealthmode's Francine Hardaway, if you're in Boise or Baltimore you don't have to wait for Case to come to town. She shares advice about what's worked in other startup communities, focusing on the #YesPhx efforts.
Conventional wisdom says you should be in a major tech center to get funding, but the article offers an encouraging counterargument. "Never rely on conventional wisdom if you're an innovator. Money follows real innovation."
Network World reports that customers are being notified "on a rolling basis... Once customers are notified, they are presented with a personal take-action date that is 30 days from the original notification." But even after that date, verizon.net email addresses can be revived using AOL Mail. "Over the years we've realized that there are more capable email platforms out there," Verizon concedes.
"Migration is going well," a Verizon spokesperson told Network World. "I don't have any stats to share, but customers seem to appreciate that they have several choices, including an option that keeps their Verizon.net email address intact."