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| "I don't think the report is true, but these crises work for those who want to make fights between people." Kulam Dastagir, 28, a bird seller in Afghanistan
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Study: Brains Want to Cooperate |
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| Topic: Society |
12:40 pm EDT, Jul 24, 2002 |
"A team from Emory University in Atlanta says they have resolved a question philosophers have been debating for centuries: Why do people cooperate with one another even when it is not in their best interests to do so? " Is this why using MemeStreams is so much fun? I've been having conversations for years the people about this very problem. Everyone has philisophical convictions, and they differ. Are humans fundamentally good or evil? Study: Brains Want to Cooperate |
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Regional Bell Giants No Longer Invulnerable |
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| Topic: Telecom Industry |
12:20 pm EDT, Jul 24, 2002 |
Shortly after BellSouth, the nation's No. 3 local phone company, sent its stock plunging yesterday by saying it would fail to meet its financial targets for 2002, one analyst released a report titled, "It's Official -- There Is No Place to Hide." In some ways, the pronouncement was as startling as it was apt. While the carriers fought each other and CLECs withered, RBOCs could sit back with their near-monopolies and reap growth, profits and the adulation of investors. Or so the story went. The Bells' problems keep mounting. Asked about growth prospects, a Verizon rep said, "We see long-term growth on the wireless side, and also a great opportunity to offer wireless services to our enterprise customers." He made no mention of plain old telephone service. Nothing about POTS, but also nothing about profits. Growth is not cheap in these markets, and the new customers remaining to be won are not particularly valuable. BellSouth shares lost 18% yesterday on news that net income was down 67% for the quarter. That's a four year low. If you thought the RBOCs' cash flow immunized them against the telecom collapse, think again. Regional Bell Giants No Longer Invulnerable |
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BW Online | July 23, 2002 | The Bells: Apocalypse Now -- or Later? |
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| Topic: Telecom Industry |
12:15 pm EDT, Jul 24, 2002 |
"Googin has been warning about an implosion in the telecom sector since September, 2000, a year before Wall Street became aware of the problem's severity. Now she cautions that the crisis isn't limited to telecom upstarts. The problem is the Baby Bells, she says. " Two camps on the grim telecom future. BW Online | July 23, 2002 | The Bells: Apocalypse Now -- or Later? |
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| Topic: Technology |
12:12 pm EDT, Jul 24, 2002 |
These guys are hosting Everquest style chat rooms as virtual conventions. Their first is a StarTrek convention. They will have real speakers... You can hang out in the bar and meet other con goers... virtual-conventions,llc |
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Rigas and two sons arrested on fraud charges.. - Jul. 24, 2002 |
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| Topic: Telecom Industry |
11:51 am EDT, Jul 24, 2002 |
"John Rigas, the founder and former chairman and CEO of Adelphia Communications, and two of his sons were arrested in Manhattan Wednesday morning on federal fraud charges. " Rigas and two sons arrested on fraud charges.. - Jul. 24, 2002 |
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Investors May Have Repudiated the Internet, but Consumers Have Not |
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| Topic: Tech Industry |
5:53 pm EDT, Jul 22, 2002 |
"The Internet has turned out to be more of a souped-up telephone than a delivery vehicle for media and entertainment. The most far-reaching impact lies in the rhythms and habits formed by daily use of the Web's interactive features. "This is an audience that wants to make their own schedules." "The move from passive to a more active paradigm in consumer behavior is where the new media has had the greatest impact. "The media ... is very good at satisfying generic interests but isn't good at satisfying each individual's very unique, specific interest." Investors May Have Repudiated the Internet, but Consumers Have Not |
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Security bill loses ID card, TIPS -- The Washington Times |
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| Topic: Politics and Law |
5:47 pm EDT, Jul 22, 2002 |
"House Majority Leader Dick Armey, in his markup of legislation to create a Homeland Security Department, yesterday rejected a national identification card and scrapped a program that would use volunteers in domestic surveillance." Security bill loses ID card, TIPS -- The Washington Times |
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USATODAY.com - Royalty fees killing most Internet radio stations |
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| Topic: Politics and Law |
5:17 pm EDT, Jul 22, 2002 |
"Hilary Rosen of the Recording Industry Association of America says this issue shouldn't be presented as big labels vs. mom-and-pop operations: "If you don't have a business model that sustains your costs, it sounds harsh, but that's real life. If a grocery store can't afford to pay for the vegetables, they can't keep their doors open."" USA Today reports on the impending closure of 10,000 internet radio stations. Rosen says "Let them eat cake." USATODAY.com - Royalty fees killing most Internet radio stations |
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CNN.com - Internet extends long arm of the law - July 22, 2002 |
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| Topic: Politics and Law |
5:01 pm EDT, Jul 22, 2002 |
"Foreign citizens and businesses are now being subjected to copyright, speech, consumer protection and other laws enacted by governments in countries where they've had no voice. " CNN.com - Internet extends long arm of the law - July 22, 2002 |
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