It hasn’t yet been six years since the start of the smartphone revolution and we’ve already become an “always on” culture. At least, that’s the temptation. Those who submit can be called The Immersives: checking e-mail, keeping tabs on Facebook “friends,” debating on Twitter, snapping photos of food for Instagram. It would be rare if any of us didn’t have at least one toe dipped in the stream.
With “Graph Search,” Facebook’s newsearch engine announced Tuesday, the world’s largest social network has finally begun to index a trove of Big Data that’s been piling up for years. Even Facebook probably doesn’t know what’s been deposited in by its 1 billion members. Suddenly there is a way to find out.
The Federal Trade Commission Thursday dropped a two-year investigation into allegations that Google was gaming search results to drive traffic to its own sites. In a press conference, FTC Chairman Jon Leibowitz allowed that the charges came from a staggering number of Google’s competitors, and at face value they are plausible: Google essentially controls search with something like 70 percent of the market share and, like any company with near monopoly power, might be tempted to use that advantage to slyly divert traffic away from competitors. But in a unanimous vote all five FTC commissioners agreed there was nothing to see here.
“There are no second acts in American lives.” — F. Scott Fitzgerald
Good thing Fitzgerald didn’t live long enough to tell that to AOL and Yahoo, which are confounding wet blankets with sparks of renewed life and relevance. The bit of renaissance for these Internet pioneers comes when Google and Apple are in a bit of a rut and Facebook seems to have found its bottom. (The one constant: Groupon and Zynga are still floundering.)
It hasn’t been a great year for Rupert Murdoch. There was the phone-hacking scandal; the Parliamentary committee declaration that he was “not a fit person to exercise the stewardship of a major international company”; The Daily, his iPad publication, laying off a third of its staff over the summer; and a confession that, when it came to MySpace, “we screwed up in every possible way.”
Yahoo eats CEOs. The perennially ailing company lures talented managers into the corner suite of its Silicon Valley headquarters, then it sucks their good reputations out of their veins and casts them aside. They inevitably pass through the revolving door an empty shell of their former selves.