"In the last three months, CEOs of S&P 500 companies have put the 'innovation' word on Peony & Blush Suede perfume, premium potash and higher-alcohol Miller beer. "Innovation" also describes Dun & Bradstreet credit reports and PetSmart's temporary tattoos for pets. Back in 2007, 99 companies in the S&P 500 mentioned innovation in their third-quarter conference calls, according to reviews of transcripts from Capital IQ. This year the number was 197."
Andrew Rice's Times mag story on UVA and the firing and unfiring of Teresa Sullivan sheds a bit more light on the BIZARRE STUFF that happened there. What had the board so worried? In late May, as she prepared to remove Sullivan, Dragas e-mailed a board colleague a link to a Wall Street Journal column, beneath the subject line: “Why we can’t afford to wait.” The article described a joint venture that offers free, open online courses. In the last year, Harvard, Stanford, M.I.T. and other elite schools have moved aggressively into this arena, drawing significant global audiences, if no actual revenue. While many veteran professors roll their [...]
Each year, the New York Times presents in-house awards, called the Punch Awards, to recognize great contributions from the staff. This year they quite rightly recognize the inventor of The Big Picture, the genius Boston Globe-hosted photography weblog. Unfortunately, the owners of the Times are forced to note that staffer Alan Taylor (a software engineer) "developed and promoted the blog largely on his own time." Perhaps in the future the newspaper company will encourage the development of their most successful products on, say, staff time.
From time to time, The Awl offers its space to everyday citizens with something to say.
Another day, another battle between some country with publishing laws and America's top advertising company, Google. Now it's Portugal complaining about Google being an Internet business—the same Portugal that is usually in the news for causing the latest worldwide financial panic. Whenever I see stocks are plunging these days, I pretty much know without checking CNBC that Portugal is up to no good again. The other day my boss made a joke and said, "What is this Cyprus place, anyway? Some breakaway autonomous zone of Portugal?" And he might be right, who even [...]