
One of the Web 2.0 Golden Boys, digg.com, launched a redesign last week. Alon
g with some new categories, navigation and design (barely) there was one fairly major change in terms of impact on the rest of the internet. Of course, I’m not talking about the move away from news, or indeed the backing out of some of the more social features, but more this whole content serving “feature”.
In case you haven’t, although I’m sure you have, check out digg.com post redesign and you will find a new video and podcasting section. These aren’t necessarily all that new. People have been digging podcasts and videos for quite a while on digg. In fact, an earlier feature bump this year introduced thumbnails for videos, so it should have been clear that digg was heading in that general direction. Its the way in which this content appears on the digg site that is potentially going to cause the problems. Read on…
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We live in strange times. The success of a business can no longer be determined by the amount of money it makes. In fact, its difficult to value a business in these times, especially with the concept of assets
evolving. Of course I’m talking specifically about web applications, spurred on by the recent acquisition of YouTube by Google.
The acquisition shocked many, both in and outside the industry for two reasons. Firstly the amount and secondly the fact the Google has its own competing product. In fact, some where as bold as to suggest barely a few days before that the takeover would not go ahead. I shant link and shame them, I think we all know who I’m talking about. This raises the question of whether YouTube is, or ever has been, a success. I’m sure that for the founders, they will call it a success, they made a pretty packet on it. But in business terms I’m not so sure. The fact remains that YouTube has a very flimsy business model and the service is potentially riddled with problems.
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