A Missing Revenue Stream From Mobile Apps

DECEMBER 14, 2013, 4:35 PM

A Missing Revenue Stream From Mobile Apps

By JENNA WORTHAM

One of my favorite guilty pleasures is Susan Miller, a popular New York astrologer who has a cult following online. I read her horoscopes religiously and enjoy following her on Twitter for the fun mix of quirky updates and planetary advice she dispenses. Read more of this post

“Little Data” Matters, Too; Big data is an invaluable source of insight, but companies with limited access to analytics can still find information to improve their business

Posted: December 16, 2013

David Meer is a partner with Booz & Company’s consumer and retail practice, and is based in New York.

“Little Data” Matters, Too

Back when I was working at the advertising agency JWT, one of our clients—a U.S. Marine Corps colonel—said something that has stuck with me ever since. “Look,” he said, “if I’m on a battlefield trying to defend a hill and I get a piece of intelligence, even if I’m not 100 percent sure that it’s accurate, I will make decisions based on that intelligence.” His point was that it’s better to have some information than none—and that you’d be a fool to disregard it just because it fell short of being definitive. Read more of this post

Tech Firms Push to Control Web’s Pipes; Google, Facebook Raise Tensions With Telecoms in Power Struggle for Internet’s Backbone

Tech Firms Push to Control Web’s Pipes

Google, Facebook Raise Tensions With Telecoms in Power Struggle for Internet’s Backbone

DREW FITZGERALD and SPENCER E. ANTE

Dec. 16, 2013 8:36 p.m. ET

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Technology giants like Google Inc. GOOG +1.15% and Facebook Inc. FB +0.92% are expanding efforts to control more of the world’s Internet backbone, raising tensions with telecom companies over who runs the Web. Read more of this post

The flood of new information available to institutions has the potential to make both donors and charities more effective

How Big Data Will Change the Face of Philanthropy

Flood of new information has the potential to make both donors and charities more effective

LUCY BERNHOLZ

Dec. 15, 2013 4:00 p.m. ET

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“It is more difficult to give money away intelligently than to earn it in the first place,” observed one of the great philanthropists of the 20th century, Andrew Carnegie. Today, with almost two million nonprofits in the U.S., the challenge of knowing which to support and which to avoid is more challenging than ever. How can individuals and foundations put their money where it’s most needed, and in ways that will be most effective? And how can charities themselves spend the dollars they receive in ways that best fulfill their missions? Read more of this post

The man behind the $37.99 tablet wants to sell one for $19.99 within two years

The man behind the $37.99 tablet wants to sell one for $19.99 within two years

By Matt McFarland, Updated: December 16 at 8:24 am

Datawind began selling three of its 7-inch devices in the United States on Monday. The least expensive model, the UbiSlate 7Ci, a 7-inch, Android-powered tablet, will sell for $37.99. Read more of this post

The most exciting mobile gaming company you’ve never heard of: In four years, Kabam went from San Francisco startup to major global player

The most exciting mobile gaming company you’ve never heard of

By Adam Lashinsky, Sr. Editor at Large December 12, 2013: 6:20 AM ET

In four years, Kabam went from San Francisco startup to major global player. (Must have been something in the dumplings.) FORTUNE — Kabam, the San Francisco mobile gaming company, has all the wrong things going for it. Read more of this post

The Unthinkable Is Happening: Apple’s Dominance In Apps Is Slipping Away To Android

The Unthinkable Is Happening: Apple’s Dominance In Apps Is Slipping Away To Android

JIM EDWARDS

DEC. 18, 2013, 2:05 PM 7,541 31

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In the U.S., it sometimes feels as if everyone has an iPhone. And historically, Apple has dominated in terms of offering users the most apps, and offering developers the most lucrative place to sell apps. Read more of this post

Tools Help Investors Wade Through All the Chatter on Twitter; They filter tweets and help investors draw conclusions about where the market is headed

Tools Help Investors Wade Through All the Chatter on Twitter

They filter tweets and help investors draw conclusions about where the market is headed

GEORGIA WELLS

Dec. 15, 2013 4:00 p.m. ET

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Most investors would love it if they could see into the future. Now, some of them are convinced they can—by monitoring TwitterTWTR -1.67% A growing number of individual investors believe the microblogging service—which has already proved to be a good source for breaking news, insights from Wall Street’s top minds and major corporate announcements—holds a treasure trove of information that can lead them to the next hot stock. Read more of this post

Top Products in Two Decades of Tech Reviews; Walt Mossberg on the products that changed the digital industry

Top Products in Two Decades of Tech Reviews

Walt Mossberg on the products that changed the digital industry

WALTER S. MOSSBERG

Dec. 17, 2013 9:00 p.m. ET

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Newton MessagePad foreshadowed some of today’s most cutting-edge technology. SSPL via Getty Images

Remember the Apple Newton? How about Netscape? Even if these products did not last until the present, they left their mark in the evolution of personal technology. For his final WSJ video column, Walt Mossberg takes us through the last 20 years. Read more of this post

Video analytics startup Vidyard could list within two years

Video analytics startup Vidyard could list within two years

3:16pm EST

By Ashutosh Pandey and Sayantani Ghosh

(Reuters) – When InContact Inc, a provider of internet-based call center services, wanted to gauge the success of its video marketing campaign, it turned to Canadian video analytics startup Vidyard. Read more of this post

Tech Companies Press for a Better Retail Experience

December 15, 2013

Tech Companies Press for a Better Retail Experience

By NICK WINGFIELD

SEATTLE — Looking for a holiday gift? Come on in. Relax. Take a seat in the leather chair. Welcome to today’s electronics store, a place that is now a little like entering a playground crossed with a cocktail lounge, where playing with the goodies is paramount and staff members are trained to act like laid-back tour guides. Read more of this post

Vietnamese Shipping Executives Sentenced to Death in Corruption Crackdown

Vietnamese Shipping Executives Sentenced to Death in Corruption Crackdown

Two Former Vinalines Executives Convicted on Embezzlement Charges

VU TRONG KHANH

Dec. 16, 2013 8:28 a.m. ET

HANOI—A court in northern Vietnam Monday sentenced two former executives of a state-owned shipping company to death after they were convicted of embezzlement, as part of the country’s crackdown on corruption. Read more of this post

Thailand’s military refuses to intervene

Thailand’s military refuses to intervene

Tuesday, December 17, 2013 – 03:00

Nirmal Ghosh

The Straits Times

Thailand’s supreme commander has dismissed an opposition rally leader’s call to intervene in support of efforts by protesters to oust the government and replace it with an unelected “people’s council”. Read more of this post

Thaksin factor all over again

Updated: Monday December 16, 2013 MYT 7:37:44 AM

Thaksin factor all over again

BY PHILIP GOLINGAI

Coups and elections have become a routine fixture in Thailand. And this time around, will it be the pro- or anti-Thaksin forces who will prevail.

ON Monday, in a televised address, Thailand Prime Minister Yingluck Shinawatra announced she would dissolve parliament and hold a snap election. “Wah, another election in Thailand,” said a colleague at Menara Star in the Petaling Jaya office. Read more of this post

Rice boils over as Thai election issue as subsidies dried up since Oct

December 19, 2013 5:04 am

Rice boils over as Thai election issue

By Michael Peel in Bangkok

Mana Nutchyoo has already paid down half a $30,000 purchase of ploughing and pumping equipment for his paddy fields, thanks toThailand’s official rice subsidy

– but the cash has dried up since October. Read more of this post

In Divided Thailand, Some Voices Driven to Silence

December 17, 2013, 7:05 AM

In Divided Thailand, Some Voices Driven to Silence

By Nopparat Chaichalearmmongkol

BANGKOK—Amid political protests that have divided Thailand into two opposing camps – those in support of the government and those against it – a third voice is being silenced for trying to remain neutral.

Read more of this post

A majority wants more democracy, but a minority, including many rich and powerful people, is petrified by the thought of it.

December 16, 2013

In Thailand, Standing Up for Less Democracy

By THOMAS FULLER

BANGKOK — In a world now accustomed to democratic upheavals, including the Arab Spring and the Saffron and Orange Revolutions, the weeks of political upheaval in Thailand stand out for one main peculiarity. Protesters massing on the streets here are demanding less democracy, not more. Read more of this post

Taiwan’s Proposed New Rules Seen Making M&A Easier; Some Firms Have Struggled to Get Deals Approved

Taiwan’s Proposed New Rules Seen Making M&A Easier

Some Firms Have Struggled to Get Deals Approved

ISABELLA STEGER

Dec. 18, 2013 6:07 a.m. ET

Private-equity investment in Taiwan has plunged since the global financial crisis, this year totaling less than 1% of that seen in 2007, but proposed new rules may help revive interest in the country. Read more of this post

What the short-sellers may have known in Singapore’s speculative penny stocks saga

What the short-sellers may have known

Thursday, Dec 19, 2013

Goh Eng Yeow

The Straits Times

For short-sellers operating in the big league, the modus operandi has always been to build up a large position in the target stock, then charge into town with guns blazing to tell the world what is wrong with it. Read more of this post

Malaysia’s Securities Commission tightens rules governing special purpose acquisition companies

Updated: Thursday December 19, 2013 MYT 4:45:22 PM

Securities Commission tightens rules governing special purpose acquisition companies

BY RISEN JAYASEELAN

PETALING JAYA: The Securities Commission has tightened the rules governing special purpose acquisition companies (SPACs) including extending the moratorium on promoters and initial investors as well as capping the discounts these investors enjoy in their SPAC shares. Read more of this post

Enhance RPT rules to protect minority holders

PUBLISHED DECEMBER 16, 2013

Enhance RPT rules to protect minority holders

Use standardised templates or tools to simplify RPT identification: report

MICHELLE QUAH MICHQUAH@SPH.COM.SG

RULES governing related party transactions (RPTs) here could be enhanced to better protect minority investors who end up being disadvantaged from such transactions, says a new study on RPTs here. Read more of this post

Time to end the SPAC-ulation? More than two years after the listing of Malaysia’s first special purpose acquisition company (SPAC), it’s time to ask this question: Is it a good idea to have SPACs in Malaysia?

Updated: Saturday December 14, 2013 MYT 7:07:25 AM

Time to end the SPAC-ulation?

BY ERROL OH

We’re still waiting for SPACs to become capital market catalysts

MORE than two years after the listing of Malaysia’s first special purpose acquisition company (SPAC), it’s time to ask this question: Is it a good idea to have SPACs in Malaysia? Read more of this post

Price increases driving Malaysian consumers crazy

Price increases driving Malaysian consumers crazy

Wednesday, December 18, 2013 – 09:01

The Star/Asia News Network

PETALING JAYA – With the sugar, fuel and cigarette price increases and an impending electricity tariff hike, a planned toll hike is driving consumers round the bend. Teacher Roger Ho, 28, said his toll costs would go up by RM4 daily if the proposed hike, as posted on Facebook, is to be believed. Read more of this post

S&P: Malaysia’s rising household debts may become ‘problematic’

Updated: Thursday December 12, 2013 MYT 8:10:46 AM

Malaysia’s rising household debts may become ‘problematic’

PETALING JAYA: Malaysia’s rising household debts, while still manageable in this current economic condition, would be “problematic” if the country’s growth rate slows, according to Standard & Poor’s (S&P). Read more of this post

Former Malaysian fund manager fined $390,000 for providing misleading disclosures

Former Malaysian fund manager fined $390,000 for providing misleading disclosures

Monday, December 16, 2013 – 19:03

AsiaOne

KUALA LUMPUR – The Court of Appeal on Friday (Dec 13, 2013) found Mohamed Bin Abdul Wahab, who was previously both a licensed fund manager and executive director of Metrowangsa Asset Management Sdn. Bhd. (Metrowangsa), guilty of authorising the furnishing of misleading statements to the Securities Commission (SC) in Metrowangsa’s semi-annual report from 2000 to 2001. Read more of this post

How an impressionable media industry fell in love with fraud

How an impressionable media industry fell in love with fraud

December 17, 2013: 5:00 AM ET

In order to keep the market for the main currency of advertising liquid, the digital industry has created a system that relies on advertising fraud.

By Joe Marchese

FORTUNE — Ask someone who doesn’t work in advertising what it means to “make an impression,” you will likely get a reasonable response like “to do something that someone remembers.” However, inside the advertising industry, the definition of “impression” is not nearly as simple. Why? Because if you run an advertisement on TV, radio, or print, you have never been able to tell exactly how many people those advertisements really made an “impression” on. How many people looked up at a particular billboard? How many people paid attention to the TV during the commercial? So what media companies have historically measured — and sold — is really the potential to make an impression. This system worked because marketers could make estimations on how many people might actually see their advertisements and over decades figured out the real value of these “potential impressions.” From this history came the cost per thousand (potential) impressions, better known as CPM in media industry. The CPM market was astonishingly effective, and large, to the tune of trillions of dollars. It drove the creation of major brands and subsidized the creation of the news and entertainment content people love. Read more of this post

Byron Allen, Former Stand-Up Comic, Runs the ‘Walmart of Television’

Byron Allen, Former Stand-Up Comic, Runs the ‘Walmart of Television’

By Caroline Winter December 12, 2013

Jon Lovitz is in a duck costume. “I am the duck!” the former Saturday Night Live star announces. “Stand back, or I will quack you upside the head.” Bill Bellamy, a comedian best known for his days as an MTV VJ, looks on in bemused dismay. The puns progress: “You know how I’m holding my suit together? With duct tape!” Lovitz shouts. “What’s wrong, you don’t like a wise quacker?” Read more of this post

Why stagnation might prove to be the new normal; In the past decade, before the crisis, bubbles and loose credit were only sufficient to drive moderate growth

December 15, 2013 8:41 pm

Why stagnation might prove to be the new normal

By Lawrence Summers

In the past decade, before the crisis, bubbles and loose credit were only sufficient to drive moderate growth

Is it possible that the US and other major global economies might not return to full employment and strong growth without the help of unconventional policy support? I raised that notion – the old idea of “secular stagnation” – recently in a talk hosted by the International Monetary Fund. Read more of this post

What the Rest Really Should Learn From the West

What the Rest Really Should Learn From the West

In “Free to Choose,” Milton and Rose Friedman first posed the binary of private markets versus state intervention, which would come to underpin World Bank and International Monetary Fund reports, policies and prescriptions for the next two decades. According to the Friedmans, places such as Japan, South Korea, Taiwan, Hong Kong and Singapore had succeeded due to their reliance on “private markets.” India, China and Indonesia had stagnated after “relying heavily on central planning.” Read more of this post

Wealthy N.Y. Residents Escape Tax With Trusts in Nevada

Wealthy N.Y. Residents Escape Tax With Trusts in Nevada

Wealthy Americans looking to avoid state income taxes are moving billions of dollars in assets to trusts in no-tax states such as Delaware, Nevada and Alaska. The maneuvers are getting fresh scrutiny from officials in states including New York, which is losing an estimated $150 million a year through such tax avoidance. As fewer Americans pay the estate tax and top earners in New York and California owe more state income taxes, wealth planners say their clients are looking for new ways to escape those levies. Read more of this post