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YouTube - Classic Bill O'Reilly - Loses it on Barney Frank
Watch more at http://www.theyoungturks.com
Cranky vs. cool - Joan Walsh - Salon.com
Salon Editor in Chief, Joan Walsh, shares political commentary and news on her daily blog.
Quigley: How Twitter is shaping the news
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Notice how short the dispatches are. Twitter is a free Web-based service that allows anyone to type short comments (maximum 140 characters per "Tweet"). You broadcast these to anyone who chooses to follow you, and you follow anyone who you think is interesting.
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However, the real power of Twitter is the interaction it allows. Readers asked questions and got answers. Readers told us of areas of destruction through Twitter, and our reporters checked out those areas. And when we saw a good dispatch from a non-journalist Twitter user, we retweeted their posts to give the most comprehensive news possible.
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UBS says needs 3 years to repair reputation: report | Reuters
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"We shouldn't fool ourselves," Peter Kurer told the Financial Times in an interview. "We can't pretend that there has been no reputation damage. Experience says it goes away after two or three years."
UBS, the world's largest wealth manager, has written down around $37 billion in assets and cleaned out most senior management -- including chairman Marcel Ospel -- after asking investors for emergency cash two times in as many months.
Online Business Networking: 2 Horse Globalization Race - ReadWriteWeb
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I spoke to Lars Hinrichs, CEO of Xing, last week and I asked him if the company planned a US listing; his answer was a clear no. He is confident that Xing can raise all the capital they need in Europe - and Sarbanes Oxley regulation was a disincentive. Those two Senators have sure done a lot of good for European and Asian companies, by weakening the US IPO market and therefore the capital raising capability of US companies.
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Engagement matters as it translates to revenue, as long as the company is reasonably smart about monetization. Xing, with their bootstrapped early days, has been unfashionably focussed on revenue. Xing recently released their financials for year ending December 2007. There is a lot of interesting data there for anybody interested in the business of business networking. At around $30m, Xing revenues are still small but on a high growth path - 2x 2006 revenues. Plus their 35% EBITDA margin shows maturity. This is already a cash cow.
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