As reported by several sources, including Reuters and Mike Arrington’s TechCrunch (where the notion of an “exclusive” gets some debate in the comments section), MySpace has launched its widely-rumoured Digg-alicious news service, although Mike said that it would go live at 7 a.m. and all I get is a login prompt when I go there. Was the site not quite ready for prime-time perhaps? (Update at 12:05 EST — it is now live).
In any case, this new service from the geniuses at Fox Interactive Media (which owns MySpace and is a unit of Rupert Murdoch’s media and entertainment behemoth News Corp.) was reported to be coming in March, according to Terry Heaton’s PoMo blog. The service will pull in news from RSS feeds — although News Corp. says it will not favour its own services and newspapers — and users can also submit stories, and then vote on them. Apparently news services will be able to opt out and not have their articles displayed, according to News Corp.
Despite the fact that most people who go to such “user-generated” media sites don’t actually submit or perhaps even vote on stories, as Seamus McCauley discusses here (based on a new Hitwise survey), I still think this kind of thing could turn out to be very powerful, and that MySpace is smart to do it. MG Siegler at Parislemon says he is skeptical, and Seamus says that it is a missed opportunity, while The Last Podcast says it is just plain bad. Eric Berlin says MySpace missed the boat and should be focusing on getting user-generated content from its members.
The questions in my mind are these: What happens to Jason Calacanis’s Digg-ified Netscape? Or to Digg itself for that matter, which has been trying to branch out into non-tech news but without much success (as far as I can tell)? With 100 million members, MySpace has more than 100 times the audience that Digg does. Better yet, how long until Google News decides to add a user voting system? Now that would be fascinating.

Reports are that StumbleUpon, which got some venture capital money last year and moved to the Valley, has been in talks with eBay, Google and AOL, and that the company has signed a term sheet with eBay. The company has been the subject of
And secondly, yes I totally understand that it was probably unwise of Steve to
As others have described
According to Accenture, more than half of the survey respondents said the rapid growth of user-generated content is one of the top three challenges they face today. More than two-thirds said they believe that social media, one of the largest segments of user-generated content, will continue to grow. Two-thirds said they believe that within three years they will be making money on user-generated content, with most of these saying they expect to make money through advertising and sponsorships. Others said subscriptions and pay-per-play — while a quarter of those surveyed said they don’t know how they will make money from user-generated content.
After all, isn’t there a law or something about how much of a market a company can control, and how it can behave when it has that kind of market power? Oh yeah, that’s right — that’s the same law that Microsoft spend tens of millions of dollars arguing was wrongly applied in its case, a case that makes Google’s “control” of online advertising look like a Sunday school picnic. And yet, in
The point (pardon the pun) is that in a more connected and de-institutionalized world, journalists are no longer — with rare exceptions — the established authorities on a subject, but instead exist to discover and aggregate and collate and interpret what is out there for an audience that doesn’t have the time or inclination to do it all themselves. Giussani says the journalist’s job is to:
Simply put, the theory is that if someone is popular — for whatever reason, be it real talent or just blind luck — he or she is likely to become even more popular, since people tend to gravitate towards things that are already perceived as being popular. In the study that is written up in the NYT magazine, a team set up
Not content to let Justin have all the fun, geek trailblazers Robert Scoble and Chris Pirillo have been experimenting with Ustream. At one point today, I was watching Chris Pirillo’s
Until his
In an interview with the New York Observer, Lorne Michaels — the creator of Saturday Night Live and proud product of The Great White North — says that as far as he’s concerned, YouTube is
First heard this via the fastest newswire in the business, otherwise known as Robert Scoble’s Twitter feed: Google is buying DoubleClick for $3.1-billion (the New York Times has a story
Now he’s taking another crack at the industry with the launch of something called