Friday, April 1, 2011

CHART OF THE DAY: Facebook Has Little Effect On What You Buy Online (GOOG)

While Google is "super nervous" about the growth of Facebook, here's one data point to put the search company at ease for right now.

According to a Goldman Sachs survey, social sites have very little influence over online shopping decisions. Search engines, and recommendation engines have a much greater influence.

As long as Google has influence over shopping habits, it will continue to pull in big ad dollars. Advertisers tend to want to advertise where there's a chance a purchasing decision can be influenced.

However, in the not too distant future Facebook could become an e-commerce juggernaut with more influence over online shopping. If and when that happens, Google should be really worried.

chart of the day, search engines shopping, march 2011

Follow the Chart Of The Day on Twitter: @chartoftheday

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CHART OF THE DAY: Facebook Has Little Effect On What You Buy Online (GOOG)


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My Plan To Build The Next Great Media Brand

Trim Owen Thomas

As many of you know, today I leave my post as executive editor of VentureBeat for a new opportunity. I've joined the Daily Dot, a media startup, as its founding editor.


What’s that, you ask? The Daily Dot is a bold experiment in open-source journalism about the biggest and indubitably most awesome community in the world: the Web community.



Sixteen years ago, in my very first Web gig as an intern at Mother Jones magazine, the progressive bimonthly, in between publishing articles to the Web, I spent a lot of time answering readers’ emails. Inside the magazine, we were excited about the potential for doing journalism in new forms and ways. But our audience? They wanted to chat.



Wherever people gather and talk, that’s a community. We used to define community by place: a geography imbued with meaning by the people who inhabit it. But as Robert Putnam noted in Bowling Alone, geographical communities have grown fractured through long commutes, television watching, and the general anomie of modern life.



What's replacing them? The Internet, which has become the fabric undergirding any meaningful community today. A few pioneers saw faint signs of this in the '90s, as the potential of the Web first unfolded. But now it's becoming a reality, which is why the time is right for the Daily Dot, the Web's first hometown newspaper.



A decade ago, many critics saw the Internet as another atomizing force, driving people into their CRT-lit basements. That notion of surfing alone has crumbled as the world has gone wireless, freeing us to live in the real world while staying connected to virtual ones. Increasingly, we find meaning through the links established by the screens we carry. The intimacy of touch reinforces the sense that we're staying connected, not separated, through technology.



Since that first gig online, I’ve rocketed from old media to new media and back again, from print to online to television, from Time Inc. to Gawker Media, from NBC to VentureBeat. What I've found works best is serving a community that needs definition and recognition -- the validation provided by fact-finding, reporting, editing and the other storytelling arts.



There are glimmers of this happening everywhere already, from MTV's "Diaries of Facebook" to Comedy Central's "Tosh.0." But I'd argue these experiments still treat the Internet as an exploitable resource, grist for the media mill rather than a place filled with actual people who deserve the dignity of journalism.



So that's what we hope to do at the Daily Dot: Find stories of lives lived online and tell them, in a publication that's not merely on the Web or about the Web, but of, by, and for the Web. The team of writers we assemble will forge links not between pages but between people, and if we do our jobs well, we will find an audience that wants to help connect the dots.



We’ll start with that oldest of online media, the one where I got my start: an email newsletter. (I’m heartened that this low-tech format has become retro cool lately.) You can sign up for it on dailydot.com. It will be issued weekly leading up to our launch, and maybe even afterwards. In it you’ll get a little sample of the Dot’s editorial scope and voice, as they develop in real-time.



We’ll also use the newsletter to tell you about the Dot as it matures, from our methodologies to our startup drama to the business itself -- advertising, new hires, editorial priorities, and more. We are invested always in our readers and what they need and want to know about the online communities they inhabit. Part of this means being radically transparent, something we think is the first and most crucial step towards building the credibility we need.



We’re also not above a little navelgazing -- what kind of self-respecting media organization do you think we are, anyway?



The newsletter will also feature contributions from the most excellent Nicholas White, the Dot’s CEO, and the man who made me dream anew of the immensities of the Web. He’s like a pre-knighthood Richard Branson -- a madman media mogul in the making. That’s a story we’ll tell, too. (Just in case we run out of fascinating people to cover, we will reserve the right to manufacture a celebrity in-house.)



Nick grew up in the news business, and brings a decade of experience running very successful community news operations. His own transition and compelling vision for the future of news is part of the fun for both of us. And the best thing is that he is, and always will be, first and foremost a journalist -- a trait I’ve always sought in a boss.



Over time the newsletter will turn into a series of community assets which will turn into a destination site which will turn into, we hope, the next great media brand. (And there I’ve given away our master plan for world domination. Ooops. Don’t tell anyone?)



If you want to receive the newsletter, please go to dailydot.com and sign up. We’d love to have you along for the ride.



Are you in? Tell me your story, too. Let's go!

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For $250 Per Month, Eat, Party, And Form Companies

WeWork Labs

Last night we visited New York City's newest startup space, WeWork Labs, as they prepared to open up shop.

We sat at one of the longtables in the SoHo office, watching as construction workers flew around putting the finishing touches on the space.

"They're installing a kitchen over there," cofounder Matt Shampine told us. "Next to that, I think they're putting in a keg."

The space, which opened this morning, is a work in progress, just like the people moving in.

WeWork Labs is New York City's newest home to 30 aspiring entrepreneurs who still don't have ideas for their startups 100% figured out. It's a space for people of all backgrounds (marketing, PR, design and IT) to brainstorm, collaborate and develop companies.

WeWork Labs hopes that by sticking talented people in a room together for months at a time, promising ideas, friendships, and businesses will emerge.

If you're familiar with New York's other startup spaces, this might help put WeWork in context: If General Assembly is college for entrepreneurs and DogPatch Labs is high school, consider WeWork Labs elementary school. Heck, even pre-school.

WeWork Labs is the creation of cofounders Matthew Shampine (founder of We Are NY Tech), Jesse Middleton, and Adam Neumann.  "We came up with the idea for WeWork Labs about thirty days ago," says Shampine.  "We sold all of the sponsorships ourselves, so it's been a lot of work."

WeWork Labs is backed by ad agency Jay Walter Thompson, Boxee, and angel investor Spencer Adler, all of whom are offsetting the cost of the 30-50 members. Each member will pay $250 per month per desk. In return, WeWork Labs will provide them with food, booze, a lounge to hold parties, workshops, and startup support.

Shampine tells us the plan is to open WeWork Labs in cities across the nation. Another location in Meatpacking District is underway. Silicon Valley and Los Angeles are next on the list, followed by Boston and Chicago.

"The first six months of this is definitely an experiment," he says, "And if it fails, it will be our fault for not picking the right people to fill the space."

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The Best Android Phones You Can Buy This Month (GOOG)

MWC Google Booth Android Guy

With a new Android phone or two coming out every month (or in some cases, every few weeks), it's tough to keep track of the latest and greatest.

Each month we round up the best Android phones on the market right now for each major carrier.

We take several factors into consideration for the list including speed, ease of use, price, and network quality.

HTC's Thunderbolt is already outselling the iPhone on Verizon

The HTC Thunderbolt is the first phone to run on Verizon's 4G network, and reports are saying it's already outselling the Verizon iPhone. That's pretty impressive.

This phone is a beast. The Thunderbolt has a huge 4.3 inch touchscreen, an 8 MP rear facing camera that shoots HD video, and runs Android 2.2 Froyo.

One of the best features is that it can act as a 4G mobile hotspot for wifi devices. We've heard users getting as much as 15 Mbps, which is faster than a lot of cable modem connections.

The only downside we've heard is the battery life. HTC claims you can get around six hours, but many reviewers have said it's more like four.

Price: $250 with a two-year contract from Verizon




The Atrix 4G is our favorite Android phone on AT&T;


The Atrix 4G is the best phone on AT&T right now. (Although it doesn't have much competition).

Despite the controversy surrounding it's 4G speeds (or lack thereof), the device is excellent. It has a dual core processor, which means applications launch quickly, and game graphics look amazing.

If you decide to go for the Atrix, ditch the optional laptop dock accessory. It's not worth the extra $300.

Check out our review of the Atrix here.

Price: $199 with a two-year contract from AT&T




Google's Nexus S has the best version of Android


Google's Nexus S, which is manufactured by Samsung, is our Android phone of choice. It's running a clean version of the latest Android OS, 2.3 Gingerbread, meaning there are no extra apps or crapware from the manufacturer. With the Nexus S, you get to experience Android as Google intended you to.

The Nexus S is also unlocked, meaning it can run on any GSM carrier such as T-Mobile, AT&T, and several international networks, just by inserting your sim card.

Price: $99 with a two-year contract from T-Mobile. You can also buy it contract-free and unlocked for $529. Only available from Best Buy.




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The Best Android Phones You Can Buy This Month (GOOG)


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