It's Christmas Eve, but the news never sleeps. Ok that sounded corny, but you know what I mean
Ten Reasons to be cautious in the 2011 market. May be a bit over people's heads, though you'll see why I'm in money markets until at least March . . .
A fraud ruling in Minnesota has deeper meaning for Wells Fargo. Enough came out and was said in the decision – and the nature of the decision – that it may be open to more lawsuits. Remember there's a lot unsaid and unexplored in the housing mess, and lawsuits could come awful fast if enough comes out.
Kodak patent lawsuits could threaten many photo sharing sites. Sounds like they're trying to make an example of Shutterfly. I'm not sure they want to take on such a common service and risk some serious bad will.
Is the FCC trying to kill Hulu. I have no ideas, since the FCC seems to use a magic eight-ball half the time to determine actions. Or is the FCC working to play companies and sources off each other? Or . . . oh, hell if I know. But this is worth reading since it may well affect what you do in media.
MediaBistro's 2011 predictions which have some pretty good stuff in them. I'd analyze it – but just go read it.
Presented more for oddity's sake, but Zumox got $9.7 million for creating an electronic version of physical mail. It's an odd little venture, and I'm not quite sure of what their goals are – it lets you get electronic versions of physical mail. Someone also thinks they're worth about $10 million dollars of investment though.
Does Unhosted have a solution to the loss of data ownership with the growth of SaaS? I can see a whole other business evolve around SaaS support.
Multiple 'Woah': Moblyng raises nearly $11 million to make HTML 5 games. They're also known to team up with Playdom, and they're in Money Dumping Ground Redwood City, and they've done a lot of games. Toss on the over $10 mil they've gotten and why do they not have your resume? Also if they do well that will propel HTML 5 further into public awareness (though I'm still looking the cash and foundation they have . . .)
QUESTION OF THE DAY: What are you doing this Christmas?