Archive for January, 2008

Look Who's Making Coin Off The Credit Crisis - Forbes

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We’re big fans of Mint, Shaun Inman’s web stats tracking tool. Although the default Pepper (Mint’s term for plugins) will track the basics, the beauty of Mint (aside from the interface, which IS beautiful) is in the various Pepper’s developed by Inman and the Mint community for further tracking web statistics.

Till Kruss has just released the first stable version of his Pepper, Tweets (which you can download here) which combines Damon Cortesi’s Tweet Stats script with Mint. Not only can you “Tweet” from within the Mint dashboard (and view recent tweets from those that you follow), you can also display and track your Twitter usage statistics.


A look at the frequency of Tweets per hour using Tweets in Mint

The Pepper is still in development, and there may still be some bugs — not to mention Twitter’s own erratic behavior as of late — but we think this is still a very, very cool little tool.

[via Peppermint Tea]

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Meebo, the on the internet instant messaging platform with support for multiple protocols, has just released the API for meebo rooms and meebo network.

Meebo rooms are customizable spaces that integrate instant messaging with the sharing of web links and media, including videos and images. The meebo rooms API was created for large-scale implementations of meebo rooms for more massive community sites. The API also automates a large portion of the creation and configuration of meebo rooms.

Examples of implementation include:

  • embedding a chat room on every “group” page of a social network
  • live community groups for an artist or show
  • a chat room in the “comments” section of a blog.

So why do all this? Two words: Muh-knee.

Each meebo room built with the API will run ads, and meebo will share 50% of the ad revenue with its partners (if you dry heave at the idea of an ad-supported meebo room, a yearly licensing fee option is also available).

In January alone, 18 million unique users visited meebo widgets distributed across the Web by partners and users. So if you’re looking to monetize your website, meebo rooms and widgets might be the way to go.

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We’re huge fans of Mint, Shaun Inman’s web stats tracking tool. Although the default Pepper (Mint’s term for plugins) will track the basics, the beauty of Mint (aside from the interface, which IS beautiful) is in the various Pepper’s developed by Inman and the Mint community for further tracking web statistics.

Till Kruss has just released the first stable version of his Pepper, Tweets (which you can download here) which combines Damon Cortesi’s Tweet Stats script with Mint. Not only can you “Tweet” from within the Mint dashboard (and view current tweets from those that you follow), you can also display and track your Twitter usage statistics.


A look at the frequency of Tweets per hour using Tweets in Mint

The Pepper is still in development, and there might still be some bugs — not to mention Twitter’s own erratic behavior as of late — but we think this is still a very, very cool tiny tool.

[via Peppermint Tea]

Read

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Filed under: , , , ,

Meebo, the on the web instant messaging platform with support for multiple protocols, has just released the API for meebo rooms and meebo network.

Meebo rooms are customizable spaces that integrate instant messaging with the sharing of web links and media, including videos and images. The meebo rooms API was created for large-scale implementations of meebo rooms for larger community sites. The API also automates a big portion of the creation and configuration of meebo rooms.

Examples of implementation include:

  • embedding a chat room on each “group” page of a social network
  • live community groups for an artist or show
  • a chat room in the “comments” section of a blog.

So why do all this? Two words: Muh-knee.

Each meebo room built with the API will run ads, and meebo will share 50% of the ad revenue with its partners (if you dry heave at the idea of an ad-supported meebo room, a yearly licensing fee option is also available).

In January alone, 18 million very special users visited meebo widgets distributed across the Web by partners and users. So if you’re looking to monetize your website, meebo rooms and widgets might be the way to go.

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Talk about coming out of nowhere. Less than 48 hours after each company posted effusive posts praising the other service on their respective blogs, Joyent, the company that provides the infrastructure for Twitter, has announced on the company’s blog that Twitter has been off of their servers since 10 PM last night.

As the post itself states, this is very surprising, especially coming only a day after Twitter posted this to the official Twitter blog. Interestingly, Joyent also posted a message yesterday, announcing their plans to provide excess capacity for Twiter during the Super Bowl.

What changed in 24 hours? While we’ve no idea, we can’t help but speculate that this break-up is somehow related to Twitter’s frequent outages and service hiccups as of late. The Twitter blog from this morning indicates that the team was working on a planned infrastructure project all night and that the increased downtime was unexpected. The entry further expresses the company’s shared frustration with users over the current downtime.

From the tone of Joyent’s post, especially in the final line, “…Joyent is standing ready with excess free infrastructure to support Twitter through this transition in the event that they need it,” we can’t help but think Twitter might have dumped Joyent for a more stable provider.

Developer of our favorite blogging tool, Daniel Jalkut tweeted his own theories: Twitter will announce an acquisition deal in the next few days. His purely speculative thoughts, Google. We sure hope not.

Phone calls to Twitter were not immediately returned. Frankly, we’d turn off our phones too. We’ll keep you posted if anything in this story develops. You know, assuming Twitter works well enough for us to get updates on all the gossip.

[via @gruber]

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piggy bankEveryone knows that money is getting tight. Everyone knows our economy is faltering. Everyone knows it’s going to get worse before it gets better, but does everyone know how it happened?

A professional CPA who commented on a blog post at our sister blog, BloggingStocks really put the matter in perspective. It’s so easy that even I have the ability to comprehend it and they’ll tell you around here that I’m no one’s statistical economist. The writer identified himself as Marty, and I’ll attempt give you the benefit of his straight forward wisdom.

Marty stated: “…from 1976 to 1984 the (cost of living adjustment) increases in Social Security were 75% over that period. If you made 10k in ‘76, you were getting 17.5k in ‘84. Similarly, pensions and job incomes were inflated as well. By the end of the inflation cycle people had higher incomes to pay off their (mostly) fixed debts. Now, in the last eight years (cost of living adjustment) has been 25% total. This is way below how high prices have gone for the average person.”

It seems simple doesn’t it? Yet none of the main stream media outlets seem to want to address the real issue. The speaking heads expect you to believe that inflation is running at an acceptable annual rate of 2.6%. Do you believe that? Are you paying just $2.60 more for every $100 worth of groceries you purchased last year? Are you paying just $2.60 more for each $100 worth of heating fuel? Is just $2.60 more being deducted from your paycheck for every $100 worth of health insurance premium you paid last year? I could go on and on, but I’m sure that you get the idea.

The lesson here is easy, and I know that all of you will comprehend it. Someone has been lying to you about the increases to your cost of living. I probably don’t need to explain that to you, because you’ve a bank account and you pay your own bills. I’m sure that you’re feeling the pressure all too well.

Even now, the major media outlets expect you to believe that the housing market is crashing because banks and borrowers all got together and did something stupid. The truth of the matter is that we’re just plain running out of cash down here on the lower rungs of the ladder.

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Still losing money by the billions, Citigroup (NYSE: C) has been scrambling to raise capital. Foreign investors have been welcome investors, and the bank has cut jobs and raised fees in a major effort to maintain liquidity. This day, Private Equity Hub is reporting that Citi might sell some of its private equity interests as part of that effort.

Apparently, Citi is considering selling two private equity holdings. The first involves $1 billion in investments held by Nikko Cordial, a Japanese brokerage firm that Citi acquired last year. The other private equity interest is in Court Square Capital Partners, in which it holds a roughly $400 million stake.

An interesting question about this is who will benefit most from this. Yesterday, Caryle’s Louis Gerstner said that the current private equity slowdown offers the biggest players excellent opportunities to increase their investments as weaker investors panic and sell their stakes. Will panicked Citi be selling its investments on the cheap?

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Investors Rush to Gold - Wall Street Journal


Wall Street Journal

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Layoffs are never fun, especially when they seem to come out of the blue. But you can get through it, as many before you have successfully done. Here are some tips for coming out of the layoff with your finances intact.

File for unemployment immediately. Some says give unemployment benefits based upon the day you file for benefits, rather than the day you lose your job. Sign up right away to avoid missing out on any benefits you’re due.

Take a hard look at your family’s budget. Where can you immediately cut costs? What bills completely must be paid, no matter what? Evaluate your family’s needs and wants, and come up with a worst-case-scenario budget so you can see where you have to begin slicing your spending immediately.

Begin your job search right away. Don’t sit around waiting to be called back to work, even if your employer promises you that you will return to work soon. You don’t know for sure if you’ll ever go back to work there, so do yourself a favor and begin your job search right away. If you do get called back, good for you. If you don’t, you’ll be glad that you’ve been pounding the pavement.
Get some help with your resume. It never hurts to have a second set of eyes look over your resume. You probably think you’ve covered all the bases, but ideas from a human resources professional can help too. They might even be able to help add some “punch” to it. And of course, you’ll want to have someone proofread it. There’s nothing worse that misspellings and grammar problems when you’re trying to find a job.

Begin networking. Friends and family are a great place to begin when looking for a new job. Don’t hesitate to contact old co-workers to see if they’re aware of positions available or opportunities that might be right for you. Some communities have networking events just for job-seekers to help exchange leads and advice.

Look into educational programs. States often have special educational programs set up for those who have unexpectedly lost their jobs. You might be able to go to college at a reduced rate or get into a technical training program at little or no cost.

Be willing to make some sacrifices. You might have to take a temporary job paying less than you’re used to if you’ve bills that need to be paid. Swallow your pride and do what you need to do to avoid falling behind on your obligations. No one wants to be underpaid or work beneath their skill level, but sometimes you gotta do what you gotta do to put food on the table.

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Record-keeping, and is the author of Essentials of Corporate Fraud. This post is part of a series offering consumers advice on what to do during a recession.

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