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Twitter is money$

A couple of weeks ago, everybody was required to write about twitter, I didn’t have much to say about it, and what I did have to say was not exactly positive.  While Michael Ivey and his wife were tweeting, Michael got the idea to transfer money over twitter.  It would be fast and easy.  He came up with Twitpay.  This allows people to give, transfer, or exchange money easily.  This is done mostly with the Twitter that we all know about.  This could be an exciting for the financial world as the internet continues to incorporate into every aspect of our life.

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MLB TV for free?

As Major League Baseball’s opening day approaches, many fans are eagerly anticipating that first pitch. Unfortunately for some fans, they will have to miss the majority of their team’s games because they live or go to school outside their team’s market.

A simple solution to this is buying MLB TV.  For about $100 you can watch every single game for every team. But for those of us too cheap to spend that kind of money, we’re stuck without any way of watching.

I think MLB TV should follow what CBS did with their March Madness On Demand, and offer free access to watch any baseball games. CBS generated higher profits through the traffic then they ever did when they charged for the service. Why wouldn’t it work for baseball?

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Time to Give Up

Anyone remember listening to music on CDs? Yeah, me neither. Every one of my twelve billion songs lives in a device smaller than a single compact disk (“compact” being a very ironic word choice). Today, if you want a new album you don’t go buy a new disk or tape or record. You don’t even leave your home. You get on your computer, go to the itunes store or amazon, and pay to download a file, right? Um…right.

Well…no. Let’s be honest. Legality and morality aside, the fact of the matter is that’s not how most people go about obtaining music. Why pay ninety-nine cents on itunes when thirty seconds on Google will yield the same song for free? While we can probably all think of free music sites that have been shut down in the past for copyright infringement, there are many more still. They seem to be coming into existence faster than “the Man” can shut them down. Clearly legal music distribution as we know it is quickly becoming unenforceable. For this reason, moving forward I’m very interested in watching how the music industry goes about playing catch-up with the available technology. I am strongly of the opinion that in the not so distance future musicians will have accepted that zero percentage of their income comes from the music that they create by itself.

There is no denying that the interest has had an extremely profound effect on the music industry. What do you think will happen when the dust settles? Do you agree that soon all music will be free? Do you think we’ll figure out a way to better police “stealing” music? Do you think we’ll be forever stuck in the power-struggle we’re in today?

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Digg up some gold

Bored? Want to be updated on some news?

Digg is a great way to kill some time, or even educate yourself. With everything from cool pictures to news on the health care bill being passed, Digg is a great way to keep up to date with the rest of society.

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Can't We All Just Play Nice?

In the business world, we tend to categorize all other relevant businesses as partners or competitors. Because of its unique design, Digg has effectively positioned itself in a different type of relationship with other comparable businesses.

Imagine that you desire to start your own comedy blog. How do you get content? First, you could create it all yourself. Aside from being difficult and time-consuming, you’re now competing with a billion other comedy blogs for hits. Alternatively, you could form relationships with other content providers and get content from them at some cost either monetary or otherwise. While you’re comparing the relative down-sides, let’s consider Digg.

Digg doesn’t post any unique content. It all comes from outside sites. At the same time, it dodges the need to negotiate with these sites by posting links to them, rather than just copying their content. The end result of these “anonymous partnerships” is a hit for Digg and a hit for every site that a given user clicks on.

We can learn a lot from the way that Digg has managed to turn all of its potential competitors “anonymous partners”. In other businesses, this may not be as easy, or even possible at all, but it should be considered.

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