News Of The Day 8/30/2011

A surprisingly slow day . . . except Groupon may be in trouble, and HP has just shafted suppliers

Economics/Geeokonomics:
We may not be facing a Double Dip Recession . . . because the old one never really ended. Well that's depressing.

Media:
CNN acquires Zite, a news app that does a familiar magazine-like experience on iPad. This could get pretty interesting as it suggests CNN is trying to roll with the times and then some. The magazine-like iPad experience appears to be growing, so it makes sense, and I remain curious about what it may turn into.

Publishing:
Barnes and Noble lost money, but Nook sales are up. So a loss, but some interesting gains. Watch this space to see if/how B&N leverages the Nook and digital for the future. Sales down 3% but Nook sales up 140% kinda shows the future.

Technology:
Some thoughts on the supposed lack of developers that points out multiple factors for the impression – and the fact it's probably not true.

HP further annoys people by leaving suppliers with useless inventory for the TouchPad.  Have I mentioned that if you work there, start looking for a job?  If not, START LOOKING FOR A JOB.

Innovid gets $9.5 million from Sequoia. They do video ads, and sound pretty interesting, if not overly exciting. Plus they raised nearly $10 million, so toss 'em a resume.

Guess what? Now people are saying the whole daily-deals thing is dead, which was predicted not that long ago. It seems everyone is doing them, Groupon is having issues, and people are leaving the space anyway.

Video:
Is Apple making a secondary TV? An interesting idea (considering the iPad is often a secondary computer). Something to think of considering their ventures – apple is an Ecosystem company and that includes hardware – this expands what they can sell and expands their ecosystem.  What else could they do . . .

Writing:
MediaBistro has it's Freelance Forecast survey. Things look positive, but some of the data dug up is interesting.

STORY OF THE DAY:Do you think Apple is going into TVs?

Steven Savage