Snapchat taps college newspapers to make campus stories and sell ads 

  • Snapchat is asking student newspapers to create campus editions for its Discover section, which already includes large outlets like BuzzFeed and The New York Times.

  • The stories will be visible to Snapchat users located near each respective campus.

  • Like larger publishers, participating student newspapers will be able to monetize their efforts by sharing revenue from video ads with Snapchat.

Source: Snapchat taps college newspapers to make campus stories and sell ads – Business Insider

We’re in the early stages of a visual revolution in journalism 

That video that is currently soaring across social media — maybe it’s a text-heavy explainer with dynamic motion graphics, or a video-driven news story with sharply concise captions — is less an evolution of video itself and more of an evolution of the hundreds and thousands of pieces of text-based journalism that are produced and consumed digitally. Audiences that spent time consuming only the first couple of paragraphs of a news story are now watching 45 seconds of a video that conveys the same information. And, yes, sometimes with words on the screen. I believe this will become more sophisticated and more prevalent, and before you tell me that it’s intellectually inferior, just believe me — it’s not in its final form. It’s on us to innovate so that it has the power and impact we want it to.

Source: We’re in the early stages of a visual revolution in journalism – Recode

The Revolution in Advertising: From Don Draper to Big Data 

Advertising in the digital age bears little resemblance to the Mad Men depiction—the Don Drapers of advertising have been replaced by big data and the people who work with it. Professor John Deighton, the author of the case “WPP: From Mad Men to Math Men (and Women),” and Sir Martin Sorrell, founder and group chief executive of WPP and the protagonist in the case, discuss how WPP has been successful in the new advertising world order, where algorithms and robots rule

Source: The Revolution in Advertising: From Don Draper to Big Data – HBS Working Knowledge – Harvard Business School

Why Marx is Essential


What is extraordinary about Das Kapital is that it offers a still-unrivalled picture of the dynamism of capitalism and its transformation of societies on a global scale. It firmly embedded concepts such as commodity and capital in the lexicon. And it highlights some of the vulnerabilities of capitalism, including its unsettling disruption of states and political systems. The election of Donald Trump, the vote for Brexit and the rise of populism in Europe and elsewhere can all be understood as indirect effects of shifts in the global division of labour — the relocation of key aspects of modern production away from Europe and the United States. That has been brought about by changes in what Marx identified as the capitalist enterprise’s incessant drive to expansion.

Source: In retrospect: Das Kapital : Nature : Nature Research

The Pendulum Swing Of Disruption

When a new technology disrupts a traditional incumbent, it normally does so by being 3 things to the end user:

  1. Cheaper/free
  2. Quicker
  3. More convenient

Napster, YouTube, Amazon, Uber, Netflix, all of these companies have done exactly this. Because they most often build market share and presence using external funding, such companies turn existing economics upside down with loss leading tactics. The result is that audiences switch in their millions and incumbents are left in tatters. Any old business that relies on scarcity economics will be swept away.

Source: The Internet’s Adolescence: The Real World Catches Up Eventually | Music Industry Blog

Millennials on Social Media

It’s hard enough to hold one person’s attention, let alone an entire generation’s. Millennials—now the largest generational group in the U.S.—have grown alongside advancements in technology and media platforms, placing them in intriguing territory with regard to media habits. When it comes to television, their eyes are glued to the screen. With commercials, they’re still tuned in—but their eyes are on their cell phones.

Source: Millennials on Millennials: A Look at Viewing Behavior, Distraction and Social Media Stars

Google’s YouTube TV Strategy

But even if YouTube succeeds in nailing the tech, and getting a leg up on its competition, that doesn’t mean the streaming TV market will be an instant goldmine. The margins on the early streaming TV services appear to be razor-thin, and the price point YouTube is offering isn’t going to change that.

But the crux of that opportunity doesn’t lie in big initial margins, it comes from the potential to fundamentally shift how TV ads work. As it stands now, TV networks sell most of the ad inventory for their shows. And in the early days of a YouTube streaming TV service, that will continue, with YouTube itself selling only a few minutes of ads per hour on its own service. But that will change, Pacific Crest analyst Andy Hargreaves wrote in a note last month.

“Google’s vastly superior data should allow it to monetize its ad inventory at superior rates to networks,” he wrote. “Over time, this disparity should allow Google to capture a greater share of total ad inventory on its service. Played out over several years, we believe the natural evolution of a successful Google vMVPD service [YouTube TV] would be for the roles of content supply and ad selling (both currently done by TV networks) to split, with Google managing the ad selling and networks relegated to content suppliers.”

Source: YouTube TV needs to nail technical performance – Business Insider

When Amazon’s Cloud Goes Down

The dynamics between public and private cloud tip a little more towards private cloud every time that there is an outage or with each new generation of IT technology that folks like Cisco Systems, Dell/EMC, Hewlett Packard Enterprise, Huawei Technologies, IBM or Lenovo bring to the market. It is unlikely that businesses will halt their march to the cloud and move back to hosting all their applications on the traditional bare metal or virtualized server environments that had been popular for the last 20 years, but these episodes may cause people to think a little harder about data location and availability. This makes private cloud more interesting. Hybrid IT, gives businesses a combination of their datacenters, co-location and external cloud for hosting applications that could be traditional, virtualized, public cloud or private cloud.

Source: With Its Recent Outage, Amazon Web Services Is Helping To Sell Hybrid IT