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I’ll wake up on the morning and go on Facebook just … because, It’s not like I want to or I don’t. I just go on it. I’m, like, forced to. I don’t know why. I need to. Facebook takes up my whole life.
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The art of the deal, by Steve Jobs
James,
Our proposal does set the upper limit for ebook retail pricing based on the hardcover price of each book. The reason we are doing this is that, with our experience selling a lot of content online, we simply don’t think the ebook market can be successful with pricing higher than $12.99 or $14.99. Heck, Amazon is selling these books at $9.99, and who knows, maybe they are right and we will fail even at $12.99. But we’re willing to try at the prices we’ve proposed. We are not willing to try at higher prices because we are pretty sure we’ll all fail.
As I see it, HC has the following choices:
1. Throw in with Apple and see if we can all make a go of this to create a real mainstream ebooks market at $12.99 and $14.99.
2. Keep going with Amazon at $9.99. You will make a bit more money in the short term, but in the medium term Amazon will tell you they will be paying you 70% of $9.99. They have shareholders too.
3. Hold back your books from Amazon. Without a way for customers to buy your ebooks, they will steal them. This will be the start of piracy and once started there will be no stopping it. Trust me, I’ve seen this happen with my own eyes.
Maybe I’m missing something, but I don’t see any other alternatives. Do you?
Regards,
Steve -
The best thing you'll read on Yahoo buying Tumblr...
comes from employee #2, practically the co-founder: Marco Arment
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Mayer on Tumblr porn
Q: “Will you restrict content on Tumblr? ”Mayer: “No, we don't. It's the nature of user-generated content. It's really important to have great community tools like 'NSFW' that Tumblr already has in place.” -
At Yahoo we have a lot of experience with artificial intelligence and search in a way that’s unbranded and seamless to enhance the Tumblr experience.
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I typically refer to the IAC sale as “the worst business decision of my life.” I’m not sure IAC is worse than any other large company in this regard. An entrepreneur is someone who, almost artistically, designs a living entity which embodies the values, beliefs, and ambitions of the creator. It’s impossible for a larger entity to swallow a smaller one without completely reshaping it. When this process begins, a wild visionary – the entrepreneur type – is the most toxic, indigestible actor imaginable. And this is why I roll my eyes when a new acquisition is announced: Because I don’t see it as a triumphant graduation but a sacrifice to an industry that is afraid to dream big.
Jake Lodwick, An acquisition is always a failure -
The day finally came, we’ve released a preview of our new website to the world. Let us know what you think!
http://preview.reuters.com/
Learn more about the new features here: http://sneakpeek.reuters.com/ -
The gorgeous HTC One, reviewed by The Verge
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For the first time scientists have printed human embryonic stem cells using a 3D printer.
The Heriot-Watt University team’s research could eventually lead to human organs being printed on demand and an end to animal drug testing. Jim Drury of Reuters reports. -
New Reuters app is an “Editors Choice” in the Apple App Store!
We’re so excited about how well the new app is being received. On top of that, there’s a lot of additional features coming soon. We’re only getting started, stay tuned.
Find out more about the new Reuters news app and download it here for iPad and iPhone.This is awesome. Big congratulations to our product and development team who worked really hard on this.
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