AOL Buys HuffPost


So, Now We See it CAN be Done!

Ever since blogs became popular online, “monetizing” a blog has become fodder for those who writing and selling “How to ...” information for making money online. As with everything else, a few have made it work and most haven't.

AOL's recent purchase of "The Huffington Post" for $315 million from Arianna Huffington drove home the point.

HuffPost, of course was never billed as an actual blog. It's stated purpose is an internet newspaper. And, it is. Nevertheless, it was operated like a blog with readers given free access to comment on every article.

Nothing is ever done online without controversy. Apparently some of the writers who contributed free articles to HuffPost aren't thrilled about this acquisition.

However, it's about much more than a simple purchase. As part of the deal, Arianna Huffington will now be in charge of all AOL's content.

Since Huffington has already established herself as television personality, there's much more involved here than the simple purchase of an internet newspaper. Her popularity on talk shows can do nothing but raise AOL's visibility and reputation.

Rumored Twitter Takeover


Rumored Twitter Takeover

As of September, 2010, Twitter had 175 million users. This past December, Twitter raised $200 million in financing in a deal that valued the company at $3.7 billion dollars.

Industry research firm, eMarketer, said in January that Twitter generated roughly $45 million from advertising in 2010 and is expected to generate around $150 million in 2011.

The Wall Street Journal has reporterd that both Google and Facebook have had “low-level” talks with executives at Twitter about a possible takeover. It's claimed they are estimating Twitter's value at 8 billion to 10 billion dollars.

The Wall Street Journal said the talks have so far gone nowhere and that Google, Facebook and Twitter all declined to comment.

FCC Asks for Dismissal


Federal Communications Commission Asks Court to Dismiss Legal Challenges Filed Against Net Neutrality

Verizon Communications Inc. and Metro PCS Communications Inc. have filed challenges in a Federal Appeals Court, in District of Columbia, against the the Federal Communications Commission (FCC). They claim the FCC overstepped its legal authority last month by prohibiting phone and cable companies from interfering with traffic on their broadband networks.

The FCC has asked the court to dismiss the challenges to these new "network neutrality" regulations. The FCC argues that Verizon Communications Inc. and Metro PCS Communications Inc. filed their challenges prematurely since the new rules are not yet published.

Should the court allow the dismissal, there's little doubt the communications companies' will simply refile at the appropriate time.

This is the same court that has already ruled the FCC had overstepped in sanctioning Comcast Corp. for discriminating against online file-sharing traffic on its broadband network.

This is simply legal maneuvering. Stay tuned ...

Net Neutrality Survey


Nearly 80% of U.S. Voters do NOT Support Net Neutrality

A new poll by Rasmussen Reports national telephone survey shows that 54% of respondents (and “likely voters”) are outright opposed to regulation and 25% are not certain. Most fear regulation would promote political agenda.

It is not clear that most voters understand what net neutrality actually is. When asked if they had been following stories about net neutrality, only 20 percent said they are following news of the net neutrality regulations “very closely,”

The question asked by Rasmussen was:

“Should the Federal Communications Commission regulate the Internet like it does radio and television?”

As Amy Lee posted on Huffington Post:

“The respondents were asked, ‘Should the Federal Communications Commission regulate the Internet like it does radio and television?’ With a topic as broad, and as complicated, as net neutrality, such a question addresses only one small part of the whole picture.

For example, Rasmussen could just as legitimately have asked, ‘Should all internet users have the same access to the same Internet, regardless of how much they pay?’ Or it might have asked, ‘Should broadband carriers have the ability to block or remove content based on their discretion alone?’”

At least one of the other three questions suggested that if the Federal Communications Commission is given the authority to regulate the internet, they might use it to promote a political agenda.

According to Rasmussen:

“The survey was conducted shortly after the FCC decided on a party line vote to impose so-called “net neutrality” regulations on the Internet world. Republicans and unaffiliated voters overwhelmingly oppose FCC regulation of the Internet, while Democrats are more evenly divided.”

There’s little doubt the outcome would have been different if the ramifications of the lack of legislation had been stated in the questions and/or had the suggestive questions not been used.

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* dr. jl scott is the Founder of Chamber of Commerce - on the Web™ http://www.ChamberofCommerce-ontheWeb.com - and also the publisher of the Online Business Trade Journal™ - the blog that keeps you up to date with online business coming of age. Visit: http://www.OnlineBusinessTradeJournal.com

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