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stories filed under: "internet companies"
The Market

The Market

by Mike Masnick


Filed Under:
financial crisis, internet companies, valuations



Internet Company Valuations Now Below Their Lows From Last Bubble Burst

from the in-case-you-didn't-realize-how-big-the-financial-crisis-has-been dept

I doubt there's anyone out there who would claim that the dot com bubble bursting was a bigger deal than the current global financial restructuring that's been going on. However, plenty of people (myself included) have suggested that internet companies are more isolated from the root causes of the mess this time around -- and that's almost undeniably true. Last time, a lot of the trouble came directly from overvalued internet companies. This time, it's had little, if anything, to do with internet companies. However, apparently some are noticing that the valuations of 50 or so top internet companies have dipped below their lowest point from when the dot com bubble popped. Of course, in the aggregate, that's rather meaningless. Each of the companies looked at have different circumstances. Besides, the current global financial mess means that no one's really sure how to value anything, meaning that current valuations of pretty much any stock should probably be taken with a huge grain of salt.

2 Comments | Leave a Comment..

 
Politics

Politics

by Mike Masnick


Filed Under:
internet, internet companies, net neutrality

Companies:
amazon, google, microsoft, yahoo



Have The Big Internet Companies Turned Their Back On Net Neutrality?

from the that's-what-you-get dept

In general, I side pretty strongly with Tim Lee's recent net neutrality paper suggesting that we shouldn't rush into net neutrality legislation that is likely to have unintended consequences -- but at the same time, we shouldn't downplay the importance of a neutral end-to-end internet. One of the key points of his paper was that the net neutrality battle, as portrayed in the press, was quite misleading. It has never really been about "internet companies" vs. "telcos." And, this point becomes especially important for consumers who value neutrality, who mostly lined up behind the big internet companies on the assumption they would fight hard to protect net neutrality.

However, as the Wall Street Journal is noting, it seems like many of those big internet companies that were strong supporters of net neutrality are now moving away from that position, and some may be going in completely the opposite direction. In fact, the article highlights (without any named sources... so...) that Google has been busy negotiating preferential traffic deals with various internet providers, such that it would get to place its own servers on their premises to give users a faster route to Google's servers. Google's only comment was to deny that this would violate net neutrality concepts, though some might disagree. On the whole, I'd have to agree that this doesn't appear to violate network neutrality rules, as it's more like Google setting up its own private Akamai-like CDN, and, as we've explained before, a CDN does not violate neutrality.

So, to be clear, it looks like the WSJ is blowing this totally out of proportion when it comes to the Google/net neutrality angle. But that doesn't mean it doesn't raise other important questions for those who line up behind the big internet companies in the expectation that Google, Amazon, Microsoft and Yahoo will fight various fights for them. The article details how each one of those companies has stepped back from the fight in recent days, and even have been doing deals with telcos that are perhaps on that fuzzy border of a non-neutral internet.

In some ways, this is similar to the point we've been making in some other areas, where people and companies, who used to rely on Google's legal team to fight their battles, now need to realize that Google is no longer the defender of Silicon Valley. While the company used to take the stance that what was good for the internet user overall would be good for Google in the long term, in the last year or so, the company has increasingly made decisions that go against that principle. Instead, it's done a number of deals that allow it to leverage its cash reserves to make life more difficult for others, but allow Google to protect itself.

So, even if Google isn't really backing away from net neutrality right now, given its other actions recently, people need to increasingly realize that Google no longer always views "what's good for internet users is good for Google," and should plan accordingly.

15 Comments | Leave a Comment..

 
News You Could Do Without

News You Could Do Without

by Mike Masnick


Filed Under:
actions, china, human rights, internet companies, words

Companies:
google, yahoo



Internet Companies Pay Lip Service To Human Rights

from the actions-speak-louder-than-words dept

After all the controversy, and threats of Congressional action, over actions by companies like Yahoo and Google to appease foreign governments against what many consider basic human rights issues, various internet companies have agreed on a set of "guidelines" for how they deal with human rights issues. While it's nice that they're actually thinking about these issues, the guidelines on the whole are pretty weak and don't bind the companies to do anything. Basically, it just says that the companies will consider the human rights issues in their decision making. If anything, this seems like an attempt to just keep the government from legislating on the issues, and it may not be very successful on that front. The real test will be in seeing how these companies actually act, rather than what sorts of guidelines they've signed.

6 Comments | Leave a Comment..

 
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Older Stuff

Friday

6:56pm: Lily Allen: It's Ok To Sell My Counterfeit CDs, Just Don't Give My Music For Free (97)
6:10pm: EFF Looks To Bust Bogus Podcasting Patent; Needs Prior Art (34)
5:28pm: Google Blocking Set Top Boxes From Showing YouTube Unless They Pay Up? (62)
4:44pm: Entertainment Industry: Yes, Please Keep Negotiating Secret Copyright Treaty To Save Our Asses (42)
4:02pm: If Google's Book Scanning Violates Copyright Law, What About The AP's Book Scanning? (21)
3:05pm: iPhone App Developer Backlash Growing (49)
2:14pm: Norwegian Band Told It Can't Post Its Own Music To The Pirate Bay, Even Though It Wants To (24)
1:08pm: If You Only Share A Tiny Bit Of A File Via BitTorrent, Is It Still Copyright Infringement? (79)
12:00pm: UK Digital Economy Bill As Bad As Expected; Digital Britain Minister Flat Out Lies About ISP Support (24)
10:57am: NPR's Daniel Schorr Blames The Internet For Ft. Hood Shootings (37)
9:49am: No, ACTA Secrecy Is Not 'Normal' -- Nor Is It A 'Distraction' (28)
8:33am: Murdoch's The Times Accused Of Blatant Copying, Just As It Tells The World You Should Pay For News (27)
7:15am: Copyright Extension Moves To Japan (24)
5:46am: Canadian Ebook Store Offers 'Free' Public Domain Ebooks -- Claims Copyright Says You Can Only Make 1 Copy (25)
4:01am: There Are Lots Of Ways To Fund Journalism (14)
1:49am: Winner Takes All, Long Tails And The Fractilization Of Culture (10)

Thursday

10:37pm: The Lobbyists' Ability To Control The Message (29)
8:11pm: In Going Free, London Evening Standard Doubles Circulation While Slashing Costs (27)
6:10pm: Senate Exploring Med School Profs Putting Names On Ghostwritten Journal Articles In Favor Of Drugs (22)
4:52pm: What Does It Say When A Comedy Show Does More Fact Checking Than News Programs? (56)
3:33pm: Nordic Music Week: Optimism Galore And Found Songs (11)
2:10pm: Would Top Sites Really Opt-Out Of Google Based On A Microsoft Bribe? (37)
12:57pm: Intel Lawyers Again Go Too Far In Trademark Bullying (24)
11:43am: Mandelson Wants Gov't To Have Sweeping Powers To Protect Copyright Holders (40)
10:47am: Once Again, Walmart Stops People From Printing Family Photos Due To Copyright Law Claims (42)
9:39am: Essayist Writes Popular Essay... Then Sends 'Non-Negotiable' Invoice To Church Who Posts It Online (61)
8:23am: ASCAP, BMI And SESAC Continue To Screw Over Most Songwriters: 'Write A Hit Song If You Want Money' (78)
7:07am: Kicking People Off The Internet Not Enough In South Korea, Copyright Lobbyists Demand More (26)
5:33am: Are The Record Labels Using Bluebeat's Bogus Copyright Defense To Avoid Having To Give Copyrights Back To Artists? (42)
3:53am: Larry Magid Calls For News Tax To Fund Failing Newspapers (29)
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