Archive for the ‘Business’ Category

New white label system for the flatshare market arrives

Tuesday, September 29th, 2009

White labelling on the Internet has always been popular and it seems more so these days with everything from t-shirt shops to dating websites being rebadged time and time again. These systems historically allowed you to replace a few graphics and little else, but now we have a new bunch of white label offerings giving you much more control.

WhiteLabelFlatshare.co.uk is one such example. Their website allows you to register and have your own flatsharing website up and running within minutes. You can then customise every last detail of the website using their colour picker and advanced CSS editor. Want to optimise your website for search engines? Not a problem! The system also allows you to create and edit your own content, including the title and meta keywords, and it also gives you SEO friendly URLs to boot.

But just when you thought that was all very clever, they also have a special niche creator. This allows you to target your website at certain audiences, e.g. London flatshares or students. And finally you can see your statistics and commission earnings in real-time.

No wonder there are so many budding Internet entrepreneurs when we have so many business opportunities online.

A few of the example sites using WhiteLabelFlatshare.co.uk are:

Flatshare
RoomBuddies.com
Sohoflats.co.uk

What does the Information Commissioner’s Office actually do?

Monday, April 13th, 2009

The Information Commissioner’s Office has this weekend confirmed that Google Street View does not violate any privacy laws in the UK and is perfectly legal. When you consider the same ruling was applied to the Phorm targeted advertising system, which monitors website usage and websites visited, what exactly does the Information Commissioner’s Office do?

There are concerns that many websites and many Internet services are using potential loopholes in privacy laws in the UK to harvest information which traditionally would have been seen as private. We have already seen situations whereby criminals have used Google Street View to find targets and plan escape routes and the Phorm saga continues with pro-Phorm and anti-Phorm parties further apart than ever before.

It does beg the question as to what information about yourself, your home and your Internet use is private and what is actually within the public domain. Even though these two systems have grabbed the headlines over the last few weeks there are many more similar systems out there which are operating using loopholes in the law.

How ironic that a Google Street View car driver was seen arguing with photographers who took their photograph while they were recording street data.

Analyst claims YouTube set to report massive losses

Saturday, April 11th, 2009

Spencer Wang, an analyst with stock broking giant Credit Suisse, has issued a damning report on YouTube with a suggestion that the operation will make a loss of over $450 million this year. While there is no doubt that parent company Google has significantly increased exposure and traffic on the website since acquisition it would appear that income generated during 2009 will be significantly less than operating costs.

The information supplied by Spencer Wang suggests that operating costs of $700 million will be experienced in 2009 against income of just $240 million. The problem seems to be with regards to advertising on YouTube pages where a reported 97% of pages on the site do not have any advertising displayed. Whether this is a reflection of the ongoing economic downturn around the world, very early stage issues with the system or perhaps a sign that YouTube advertising will not be as great as Google had expected remains to be seen.

The same report also highlighted the fact that bandwidth costs will approach $350 million this year and account for more than half of the operational costs of the business. While looking at YouTube on its own, and not as part of Google, maybe a little misleading there is no doubt the operation has not been as successful as Google had expected, at least not so far.

Amazon takes on iTunes

Friday, April 10th, 2009

In a well timed move it has been revealed that Amazon will be reducing the price of many MP3 music downloads to just 29p at a time when iTunes has announced the introduction of a variable pricing strategy. The range of pricing for iTunes tracks will now be 59p, 79p and 99p although we are yet to see exactly which downloads will attract the highest prices and which will attract the lower prices.

It is estimated that iTunes, the brainchild of Apple, controls over 70% of the MP3 download market although with Amazon determined to eat into its market share we could be on the verge of a significant price war. Whether we see a substantial movement in download trends in the short to medium term remains to be seen but if Amazon is able to fund a significant pricing war with iTunes there is every chance that current Apple clients will look elsewhere.

While Apple is unwilling to be publicly drawn into a pricing war there is no doubt that the company will at some stage respond with a raft of cheap downloads to try a muddy the water. Music analysts believe that Amazon is something of the “sleeping giant” in this particular field and if it can replicate past successes in different areas of the consumer market then Apple could have a fight on its hands.

Phorm reveals a new chairman and a new strategy

Wednesday, April 8th, 2009

Under fire targeted advertising company Phorm has today revealed a new chairman in the shape of ex-Chancellor of the Exchequer Norman Lamont, and a new strategy to help the image of the business. Since moving from a beta stage system to a full working order targeted advertising service the company has received significant criticism from those fighting for privacy.

In simple terms, the service allows Internet service providers to anonymously monitor the websites visited by their customers and use the system to target adverts which they are more than likely to act upon. There are issues regarding privacy with some parties suggesting individual clients can be traced while the company is adamant the system uses anonymous tags and is non-traceable.

However, today saw an interesting development with an attack on Google and other search engines on the Internet. The company is trying to highlight that they are not the only online service which should be dragged into the privacy storm with Google, amongst many, known to operate a similar target type of system. The company argues that it has set the “gold standard” with regards to online privacy and others need to follow suit. As the Phorm system moves closer to full release we are sure to see many fireworks over the coming days, months and years.

Data retention laws comes into force this week

Monday, April 6th, 2009

The controversial UK Data Retention (EC directive) Regulations 2009 come into play this week and will ensure that Internet service providers retain details of your every movement on the Internet. This is an enhancement of the 2007 act which has been updated to include Internet use as well as mobile and fixed line communications.

In summary, ISPs will need to retain details of every e-mail you send, when it was sent, who it was sent to, sites you visited and sites you tried to visit for a 12 month rolling period. Internet phone calls also come under the new act with ISPs again forced to retain 12 month rolling data regarding each and every phone call you make via the Internet. When you add in the data already collected by mobile telephone and landline telephone service providers it seems as though Big Brother really is watching each and every person across the UK.

While there have been various attempts to block the introduction of the act on the grounds of privacy, these have so far failed to cut any ice with the UK courts. Slowly but surely public trust in the UK authorities is falling to record lows but unfortunately there seems little likelihood of any changes in the short to medium term.

Irish scientists find solution to cow methane emissions

Wednesday, April 1st, 2009

As anarchists, environmentalists and those from the Green parties around the world gather at today’s G20 meeting, scientists in Ireland have been working on a system to reduce the emission of methane from cows. It is well-known that cows are a major source of the world’s methane gas which is highly detrimental to the environment and 20 times as effective at retaining heat as CO2.

It appears as though the omega 3 fatty acids present in fish, and other foods, work well at reducing the methane content of a cow’s wind – test have shown it to be 21 per cent less than that produced by cows on a traditional diet. The new diet reduces the production of methane in the stomachs of a cow and could in due course lead to a significant reduction in environmentally unfriendly gases.

While many may see this as some kind of April Fools joke we assure you there is substance behind this bizarre experiment. The subject of CO2 and methane gas emissions is often centred round industry although it is common knowledge that your everyday cow has sent more than its fair share into the atmosphere!

Will Cloud Computing finish off Microsoft?

Wednesday, October 8th, 2008

Those who have followed the advent of Cloud Computing, the system which allows user to access programs from a remote central server rather than retain on their hard drives, will know that Microsoft was never very keen on the concept and in the very early days was seen to mock the idea by many. However, times have changed and we are seeing a new U-turn from the worlds leading computing giant. But is this about turn going to impact on Microsoft's long term success?

The one thing which any new system needs, whether it be a computer, software, hardware or any consumer related product, is an endorsement by the major players in that field. When Microsoft was against the Cloud concept it did not receive much coverage in the press, it was new and exciting but deemed to be something for the future, until Microsoft joined the party!

Many are now suggesting that Microsoft has shot itself in the foot and even though the group is now fully embracing the concept in some ways they appear to be well behind the industry learning curve. If the company is unable to extract the same income levels out of the new system as the ones they will ultimately be looking to replace we could see something of a future power struggle in the sector.

Is the illegal music download market changing?

Wednesday, October 8th, 2008

In a report which will warm the heart of the music industry it has been reported that legal music downloads have overtaken illegal music downloads for the first time ever. The industry now seems to be having lot more success in pushing people in the direction of legal downloads, but why the change? Why now?

While the percentage of legal downloads is up from 47% in 2007 to 51% in 2008 there are a number of factors which have come into play. In general illegal downloads are estimated to be down 10% in the UK but it seems the honesty of the older generation is behind the sea change more and more people in the 35 to 44 and 45 plus age brackets ?playing it by the book'.

Normally this would indicate little change in the younger end of the market but this is not really a true reflection. While the number of illegal downloads in this age bracket may not have fallen too much as yet, more and more younger surfers have claimed they would stop illegal downloads if contacted by their ISP.

The ISP's proposed ?3 strikes and you are out' policy has been criticised and may never reach the market, but it seems as though the younger generation are ready to take more notice ? or perhaps the threat of legal action has finally done the trick?

Discovery channel rejects internet TV for now

Wednesday, October 8th, 2008

In a move which has somewhat weakened the move towards internet TV it has been revealed that US giant the Discovery channel will be introducing a new free to air TV channel next year. It seems as though the group has made a conscious effort to stay out the internet TV sector for the moment at least, but why?

Discovery believes that there is still not a strong enough business model for internet TV and so far, despite all of the hype in the newspapers, the take-up for internet TV is still very low. Let us not lose sight that first and foremost these TV companies are in the industry to make a profit. While there are options with internet TV the basis for each potential income stream is a little shaky at the moment.

In summary, viewers are not ready to subscribe in their masses to internet TV and the advertising income model for the sector has yet to be created ? or at least one which offers the same as the free to air TV medium. However, when all said and done it seems inevitable that internet TV will play a larger part in the sector in the future ? when? We are not to sure yet………..