News Of The Day 10/10/2011

More earth-shaking news in the Geekonomy. Stay tuned . . .

And . . . Netflix drops the whole Qwickster idea. I've got mixed feelings here – one, a reversal is pretty good, but two I kind of wonder if this went too far. Let's see if it helps Netflix out – and what it means for geographic shifts of talent as well.

If anything, I imagine some of the employees have to be a bit annoyed at the confusion here. I'm still bullish on Netflix in the long-term, but this has gotta smart.

As an interesting side note to this, this is both an advantage and disadvantage for Netflix. The reversal looks bad, and people may see them as manipulable – but also the company can pivot quickly, which bodes well.

iPhone Pre-Orders? Try one million in the first 24 hours. Is anyone surprised? Hello? Bueller? No, no one is surprised.

Though this is mostly a broad Jobs tribute, the title is intriguing it seems he left a 4 year vision. Considering who's at the helm, Tim Cook, who's known for being an intelligent, wonkish guy, that may be an ideal combination. Though letting this be known may be a good way of achieving market confidence . . .

Just as a note, as it grows, it's apparent that the Occupy Wall Street movement will be something to follow Geekonomically, politically, technically, and media-wise. We haven't covered it as, frankly, we weren't sure it fit into our coverage – now it's big enough, and savvy enough, we should be. When economic fancrush Yves Smith weighs in, we need to up our game.

Geek Law:
And lawsuits against the Kindle Fire over patents. About on schedule I'd say – though this makes me wonder, if between Google's actions and Apple's pocketbooks, if a strike back against patent litigation could be brewing.

Outages and Outrages:
BlackBerry service goes down. Noted since RIM is having a lot go wrong lately.

Interesting speculation: Will eBooks kill Footnotes?

Amazon is also looking to be your centerpoint of print magazine control. Hmmm, wonder if this'll extend to comics – and if this is going to be the inevitable incident we're waiting for to be told Amazon is "too big." On the other hand, this may turn out to be useful for small publishers.

QUESTION OF THE DAY: How do you think Amazon will handle the new patent lawsuits?

Steven Savage