Great Seminar For Parents
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MUSINGS ABOUT PASSIONS, INNOVATIONS, CURIOSITIES AND LIFE IN LOS ANGELES, CALIFORNIA
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Labels: blogs
Joel Kotkin, the great author of "The City - A Global History", wrote a very interesting column about the 'myth of superstar cities'. Of course L.A. is also part of this elite club:
What as much as anything distinguishes elite places — what Wharton real-estate professor Joe Gyourko calls "the superstar cities" — are their absurdly high real-estate prices. New York, Boston, San Francisco and Los Angeles have long been more expensive than, say, Dallas, Houston or Phoenix — but in recent years the difference in price, he calculates, has increased beyond all reason. San Francisco prices since 1950, for example, have grown at twice the national rate for the 50 largest metropolitan areas.Now I also understand why finding work has always been challenging:
The non-superstar cities have become the nation's most prodigious centers for job creation. Between 1990 and 2006, job growth in Las Vegas averaged over 6% annually; Phoenix and Riverside well over 3%; Houston, Atlanta, Dallas and Charlotte right around 2%. New York City, L.A., Boston, Chicago and San Francisco all remained well less than 1%.
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The BBC investigated how much truth are really behind all the conspiracy theories around the terrible terrorist attacks of September 11, 2001. And their conclusions is: none. Check out their report.
From the New York Times:
The day after Thanksgiving traditionally kicks off the Christmas shopping season. With that in mind, Kiplinger’s points out that 46 percent of American householders carried a credit card balance in 2004. The average balance: $12,338.
Elsewhere the magazine writes: “In a worldwide survey, 22 percent of U.S. consumers said they have no money left after paying basic living expenses. Only Portugal had more cash-poor respondents with 23 percent.” Conceivably, the situation could be worse.
Great tips for remembering your dreams the morning after on the theme site (a.k.a. "lens") of the information sharing site Squidoo:
With 130-percent growth, Shopzilla aims to devour the competition. Founder and Chief Products Officer Farhad Mohit talks about the company's early beginnings, achieving rapid growth and selling the business to E.W. Scripps.
An interesting website! I just checked out the Hype Machine, a site where you can search music blogs and upcoming concerts. The song listings are automatically gathered from music blogs all over the internet. Cool!
That's really a fun tool. On Big Huge Labs you can create your own magazine cover - with your own picture and all the headlines you want.
More blogs than ever cover this year's Oscars Award Show, writes Variety.
According Huffington Post, Fox Searchlight acquired worldwide rights Saturday to "Little Miss Sunshine" at the Sundance Film Festival, the audacious comedy debut from husband-and-wife rookie filmmakers Valerie Faris and Jonathan Dayton. Sources placed the deal at north of $10 million, the record set by Miramax Films' purchase of "Happy, Texas" in 1999.
Not brand new, but still worth mentioning. Mike Davis, author of such bestselling looks at urbanism as "City of Quartz", "Ecology of Fear," "Magical Urbanism" and "Dead Cities", is coming out with a book this year that takes a decidedly bleak view of our urban future. It is called "Planet of Slums" and examines the "future history" of megacities. An excerpt from Planet of Slums appears in the latest issue of New Left Review. An excerpt http://www.newleftreview.net/NLR26001.shtml from Planet of Slums appears in the latest issue of New Left Review
"The earth has urbanized even faster than originally predicted by the Club of Rome in its notoriously Malthusian 1972 report, Limits of Growth. In 1950 there were 86 cities in the world with a population over one million; today there are 400, and by 2015, there will be at least 550. 1 Cities, indeed, have absorbed nearly two-thirds of the global population explosion since 1950 and are currently growing by a million
babies and migrants each week.2 The present urban population (3.2 billion) is larger than the total population of the world in 1960. The global country side, meanwhile, has reached its maximum population (3.2 billion) and will begin to shrink after 2020. As a result, cities will account for all future world population growth, which is expected to peak at about 10 billion in 2050."
Seattle is America's most literate city.
One of the greatest contemporary philosphers, Jean Baudrillard, talks with the New York Times about the continental rift and the riots in France. Since I am big fan, I republish most of the interview:
Interesting! If you're marriage breakes up and you still wanna have a 'souvenir', then you should go to Goddammo!. They transform your wedding band into a bullet. From the website:
We have processed bullets made from wedding bands and other jewelery made of gold, silver, or platinum. Keep in mind that the bullets have no gunpowder. As of now, you have a choice of two caliber bullets: .223 and 9 mm.
"One of the greatest gifts is to recognize when you're in the wrong place, or doing the wrong things, then find the courage to stop whatever that is and make a change without guilt or regret." - Adrian Savage's The Coyote Within, 'Quitting Time" (via Crossroads Dispatches)
Darnet. I wish Jason Calacanis' company - according to him the largest blog publisher in the world - would have stayed under the radar a little bit longer. But now Jeannie is out of the bottle and another "hot" internet company went corporate. For the better or for the worse - we'll see. The great news site Paidcontent had the scoop. Founder Rafat Ali (who I interview for the Swiss business weekly Cash) writes:
Among the other companies Weblogs Inc talked to included the usual suspects: News Corp, Yahoo and MSN...
This is a very quick exit: the company was founded about two years ago, and took some money from Mark Cuban a year down the line. For Calacanis, this is his second company being sold in a space of about two years...his original company Rising Tide Studios was first sold to Wicks Business Information, which in itself was bought out by Dow Jones.
The company's blogs have had an exponential trajectory, with sites like Engadget, Autoblog, BloggingBaby, and others. In total, the company has about 130 bloggers, with about 15 full time employees, from what I know.
AOL intends to keep the company/blogs separate from its site, much in the vein of what is happening with other blog and Web 2.0 companies being bought. But this is perhaps the first pure content-related company being bought out in the blog/ Web 2.0 space...or at least of this scale.
For AOL, this is head first into the blog media revolution, so to speak. Calacanis, who was at the We Media conference today where I was, refused comment; I did spot him with an AOL tote bag.
Staci adds: How much will Weblogs Inc. cost AOL? One estimate I heard today was roughly $20 million as an earn-out -- to get it all, Weblogs Inc. would have to meet certain goals. But I've also heard talk of Flickr-like numbers, which would make it closer to $30-35 million range. Certainly to Weblogs' execs advantage to have people thinking towards the higher end. Weblogs Inc. revenues are running at $1 million-plus annually from Google AdSense alone, according to numbers jubilantly released by Calacanis on his own blog; during a panel last week he said the company was bringing in $2 million a year. With that in mind, either of those numbers would be a generous multiple.
From Frank Barnako's Internet Daily: