Archive for June 21st, 2011

Green Groups Blast U.N. Climate Panel for Alarmism


BELLWORT TECHNOLOGIES PVT. LTD.

If you haven’t yet heard, hell froze over last week. Oddly enough, this is likely to be bad news for a warming planet.

Last Monday, more than 125 environmental groups sent a scathing letter to Rajendra Pachauri, the Nobel prize-winning head of the International Panel on Climate Change (IPCC), the institutional nerve center within the United Nations’ global-warming juggernaut.

The letter accused the IPCC of taking climate change ‘too’ seriously. In particular, the letter argued that the IPCC had no authority to sponsor a small meeting of climate scientists taking place tomorrow in Lima, Peru. The meeting will consider so-called “geo-engineering” options for responding to worst-case scenarios of catastrophic climate change.

By attacking the IPCC for responding to the risks of climate change too aggressively, the letter marks a major pivot in the politics of climate change, which have officially crossed into the twilight zone.

Over the past month, a series of reports have surfaced in the news media speculating about the significance of a small meeting of climate scientists sponsored by the IPCC taking place next week in Lima, Peru.

The meeting, which the IPCC organized, will evaluate the feasibility of so-called “geo-engineering” strategies to avoid or mitigate the adverse impacts of worst-case scenario climate change.

The term “geo-engineering” is a portmanteau used to describe two broad technical strategies “for the deliberate large-scale manipulation of the planetary environment,” according to the 2009 report by the United Kingdom’s Royal Society.

The strategies are categorized into two main groups: Solar Radiation Management (SRM) and Carbon Dioxide Removal (CDR). The specific proposals in each category range from deploying massive mirrors in outer space to deflect sunlight from entering the earth’s atmosphere to burying prodigious amounts of biochar to increase the amount of carbon dioxide sequestered in soil.

The IPCC, which is developing a scientific assessment of geo-engineering technologies, has described these categories like so:

SRM techniques attempt to offset the effects of increased greenhouse gas concentrations by reducing the amount of solar radiation absorbed by the Earth. This may be achieved by increasing the surface reflectivity of the planet, for example by brightening human structures, planting crops with a higher albedo, or covering deserts with reflective material. Other techniques aim to enhance marine cloud reflectivity by introducing sea salt aerosols in low clouds, mimic the effects of volcanic eruptions by injecting sulphate aerosols into the lower stratosphere, or place shields or deflectors in space to reduce the amount of incoming solar radiation.

CDR techniques aim to address the cause of climate change by removing greenhouse gases from the atmosphere. This would include advanced land use management strategies to protect or enhance land carbon sinks, and the use of biomass for both carbon sequestration (including biochar) and as a carbon neutral energy source. The removal of carbon dioxide from the atmosphere, either through the enhancement of natural weathering processes or direct capture from ambient air are further examples, as well as the enhancement of oceanic CO2 uptake through ocean fertilisation with scarce nutrients or the enhancement of upwelling processes.

The purpose of the meeting in Lima tomorrow is NOT whether to discuss actually doing any of these things, but rather whether to support research on the feasibility of doing so in the worst-case scenarios of climate change.

The IPCC explained the focus and objective of tomorrow’s meeting on its website: “Geoengineering . . . is increasingly being discussed as a potential strategy to counteract anthropogenic climate change . . . [the potential for] abrupt, nonlinear changes in the Earth system with possible significant impacts on human and natural systems suggest that research is needed into geoengineering options.”

In other words, the IPCC is considering whether it should support calls for expanding funding of geo-engineering research.

“Asking a group of geo-engineering scientists if more research should be done is like asking bears if they would like honey,” said the letter sent to the IPCC by groups including ETC, Friends of the Earth International and Via Campesina.

Many of the groups that signed the letter were instrumental in securing a moratorium on geo-engineering research under the U.N. Convention on Biological Diversity last year.

Ironically, while geo-engineering has provoked strong objections from environmental groups, it has simultaneously been embraced by politically conservative organizations like the American Enterprise Institute, which have historically opposed a strong policy response to climate change.

The geoengineering concept has also attracted significant interest from venture capitalists and investors like Bill Gates. Intellectual Ventures, a venture capital fund established by a former Microsoft executive, has invested in several start-up companies pursuing solar radiation management technologies.

BELLWORT TECHNOLOGIES PVT. LTD.

SWATI JAIN

Serious security breach at Pranab Mukherjee’s office: Report


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According to a media report, Union finance minister Pranab Mukherjee had written to Prime Minister Manmohan Singh last year asking him to order a secret inquiry into the serious breach of security in his office.

On September 7, 2010, the finance minister wrote to the Prime Minister asking him to order a “secret inquiry” about the presence of “planted adhesives” in 16 key locations in his office, the newspaper Indian Express reported.

These locations included the office of Mukherjee himself, the office of his adviser, the office of his private secretary Manoj Pant, and two conference rooms used by the finance minister.

However, in his letter to the Prime Minister, Mukherjee mentioned that no “live microphone” or recording devices were found.

IB found nothing in office security breach at my office: Pranab

Finance minister Pranab Mukherjee on Tuesday said investigative agencies found nothing during their probe of the alleged security breach at his office in the North Block, PTI reported.

Commenting on the reports of a possible breach of security in his and other senior officials’ offices, Mukherjee told reporters on the sidelines of function, “In respect of news item, IB investigated into it and they found there is nothing.”

BELLWORT TECHNOLOGIES PVT. LTD.

SWATI JAIN

Infosys, Tata beat global majors to emerge as top brands in India


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IT giant Infosys and salt-to-software conglomerate Tata have emerged as the top 2 brands in India, beating global majors like Google, Nokia and Facebook, in a new index.

According to TLG’s index of emerging market ‘Thought Leaders’, seven out of the top ten brands in India were indigenous firms.

TLG, in partnership with international research consultancy firm GlobeScan, launched the index wherein government ministers, directors of blue chip companies and newspaper editors were asked to identify corporate brands with the power to change the attitudes and behaviour of consumers, employees or politicians — defined as ” Thought Leaders”.

The list of top 20 firms was peppered with Indian brands including Larsen & Toubro (5th), State Bank of India (7th), Life Insurance Corporation of India (12th), Bharti Airtel (13th), Oil and Natural Gas Corporation (14th), Aditya Birla Group (15th), The Oberoi Group (16th), HDFC Bank (17th), Dr Reddy’s Laboratories (18th) and Ranbaxy Laboratories (19th).

“… Absence of many ‘western’ major brands from the top 20 may concern CEOs who are trying to crack the BRICs. They need to refocus their energies on telling their leadership story,” TLG founder Malcolm Gooderham said.

The top 10 features two joint ventures between local and overseas companies. The JVs are Maruti-Suzuki (4th) and Hindustan Unilever (9th).

Commenting on the findings, GlobeScan Research director Oliver Martin said, “As the public’s faith in corporate leadership is declining in India, companies must excel in business innovation and progressive CSR to retain a Thought Leadership position.”

The top-ranked foreign firm is Google, which enters the index at number three, followed by Nokia at sixth rank and Facebook at eighth position.

“Western firms that succeed (Google, Nokia and Facebook) are those that adapt their models to local conditions, or ones that form JVs with locals in the driving seat ( Suzuki, Unilever),” the report said.

Google, through its YouTube platform, streams live Indian Premier League cricket matches, while Facebook offers mobile access for a special rate of 1 rupee a day.

Interestingly, Apple, which leads the pack in Britain and America, failed to corner a place for itself in the top 20 list in India. Apple’s failure to adapt its business model to local tastes and budgets was vastly responsible for its inability to crack India.

“Indian consumers can buy a new Tata Nano car for the same price as three Apple iPhones,” the report said.

BELLWORT TECHNOLOGIES PVT. LTD.

SWATI JAIN

Green energy financier raises $200 million to build solar farms


BELLWORT TECHNOLOGIES PVT. LTD.

Big Solar is about to get bigger.

Veteran renewable energy financier Matt Cheney has raised $200 million that his new venture, CleanPath, aims to use to jumpstart 1,000 megawatts’ worth of solar power plants over the next five years.

The $200 million in cash and credit comes from a single public company that Cheney declined to identify until it files a regulatory disclosure about the investment.

“Money will cycle in and out of projects,” said Cheney, who previously ran MMA Renewable Ventures in San Francisco. “The money we use to get things done over next four or five years will add up to $800 million.”

That’s because once a photovoltaic farm comes online, CleanPath will sell its stake and recycle the earnings into new projects. By providing capital to developers and working with them to get solar power plants to the construction phase, CleanPath hopes to attract $3 billion to $4 billion in financing to complete the projects.

“We’re a good partner and advisor and we have a brand,” said Cheney, who left MMA Renewable Ventures after it was acquired by the Spanish company Fotowatio. “And we have a lot of money and credit. The idea is to fill the gap where projects run into a capital intensity wall.”

With federal tax incentives for solar set to ratchet down or sunset in coming years, Cheney said CleanPath is set to serve as the middleman to arrange financing for projects.

Innovations in financing as much as in technology have proven to be crucial in deploying renewable energy at a scale that will make it competitive with fossil fuels. (CleanPath is currently pursuing another financing mechanism called “community solar” that allows people to own a specific piece of a solar farm.)

Most of the projects CleanPath will seek to finance will range from five to 20 megawatts and will, as Cheney puts it, “snuggle the grid” in or around urban areas. That will avoid the environmental costs and controversies surrounding building huge transmission projects to bring electricity from big solar power plants in the desert to the cities. (It’s probably no coincidence that California utilities Pacific Gas & Electric and Southern California Edison have launched initiatives to buy 1,00o megawatts from such installations.)

Still, Cheney said CleanPath is working on a few centralized solar power plants in the 200-megawatt to 300-megawatt range. All the projects will deploy solar panels like those found on residential rooftops in huge arrays on the ground. But CleanPath plans to install and test more cutting edge technologies, such as concentrating photovoltaic systems, amid its conventional solar farms.

“We’re trying to populate a portion of our portfolio early with smaller projects so we have time to the bigger ones up and running,” he said.

While CleanPath does not plan to operate and own solar projects, it may do so occasionally until a buyer can be found for a power plant, Cheney said.

BELLWORT TECHNOLOGIES PVT. LTD.

SWATI JAIN

Delicious Irony: Has Apple Recreated 1984?


BELLWORT TECHNOLOGIES PVT. LTD

Apple’s 1984 Superbowl commercial famously mocked the robotic followers of the then-dominant IBM PC and contrasted them with the fresh young blonde woman who was running free and willing to smash the screen to express her rebellion.

What are the facts?
While Apple has certainly created a feeling of liberation in millions of its customers, has it also recreated 1984 among its own retail sales staff? If so, is Apple sowing the seeds that will lead to its eventual destruction?

Yukari Iwatani Kane and Ian Sherr in the Wall Street Journal (Secrets From Apple’s Genius Bar) conclude that Apple’s intensive control of how employees interact with customers and scripted training for on-site tech support amount to demands for “Full Loyalty, No Negativity“.

That was based on limited information: confidential training manuals, a recording of a store meeting and interviews with around a dozen current and former employees.

Another reader (Emilio Martinez: @Emilio_CSRE) who says he is an ex-employee of Apple’s Fifth Avenue store questioned the facts of the WSJ article and suggested that Apple’s staff are less robotic than the Kane and Sherr imply:

Operationalization of How to Delight Customers” varies but most Apple Employees don’t follow the steps of service.

More intensive studies would be needed to get a comprehensive picture of the actual practices across Apple’s hundreds of stores.

However let’s be clear on a few points.

BELLWORT TECHNOLOGIES PVT. LTD.

SWATI JAIN

The Global Economic Slowdown A Plague on High Tech


BELLWORT TECHNOLOGIES PVT. LTD

There’s been a serious deterioration in the fortunes of America’s leading technology companies triggered by low economic growth in the U.S., a slowing in China, the trauma of Japan’s earthquake and tsunami, contraction in India and Korea, as well as the coming austerity in Europe.

The downturn has impacted network manufacturers like Cisco, computer manufacturers like Hewlett Packard and retail office products chains like Staples and Office Depot. The sudden slowdown of tech orders is a shock that reminds me of the sudden decline of bandwidth orders in 1999-2000 that slaughtered the telcom industry. This is no joke and must be closely followed in the manner of Fred Hickey’s “The High-Tech Strategist.”

Hickey sees weakness all about and opportunities to take advantage by buying puts on technology leaders. Here’s a smattering of his discoveries:

Reductions in government spending on IT in almost every developed market hurts 20% of Cisco’s business, cutbacks in AT&T’s wireless capital spending, in declining Global Service contracts at IBM, and at the prospect of downward revenue and earnings guidance at Hewlett-Packard.

The world’s largest computer products distributor, Ingram Micro, missed sales and earnings estimates. Tech Data sees consumer PCs and notebooks showing weak orders in Europe. Staples has cut its full-year sales and earnings guidance. So are a raft of other companies. Inventories are rising and companies are reducing their suggestions for earnings levels going forward.

Semiconductor companies like Texas Instruments look to be vulnerable to cutbacks in customer orders, and could be ripe for taking a short trading position. Applied Materials CEO Michael Splinter is guiding lower earnings estimates to Wall Street based on the climate of uncertain political unrest in the Middle East and a reduction in consumer confidence about the global economy

With the end of QE2–and the vacuum in Fed stimulus, Hickey sees a grand opportunity to short the shares of technology companies, whose share prices already have been gapping in volatile fashion whenever the market gets a surprisingly negative piece of news about orders and earnings.

So, add tech to finance, housing and some retail shares as the core of the economy’s coming slowdown–and you’ve got the makings of a strong reversal in the stock market over the early part of the summer.

BELLWORT TECHNOLOGIES PVT. LTD.

SWATI JAIN

Apple’s SaaS: Software as a Soul


BELLWORT TECHNOLOGIES PVT. LTD

Over the weekend, The New York Times ran a piece entitled Lessons in Longevity, From IBM. In it, author Steve Lohr looks back at the past 100 years of IBM and points out the keys to their longevity: shifting and adapting to new markets and times. He then lays how three tech powers today — Microsoft, Google, and Apple — may make similar moves to weather the inevitable storms.

At a high level, the parallels make some sense for Microsoft, and to a lesser extent, Google. They make no sense for Apple.

Microsoft and Google, as Lohr points out, are hugely successful companies right now. But their businesses have potential points of weakness because almost all of their money comes from one or two areas. In Google’s case, the one area is search advertising. In Microsoft’s, it’s Windows and Office (the Server division makes a good amount of money, as Lohr notes, but it’s peanuts compared to the two towers).

Lohr says that Microsoft up-and-coming gaming division could eventually be a key to saving them. And for Google, it could be Android. Again, this all makes sense (though is hardly anything new).

But when it comes to Apple, Lohr loses it. First of all, Lohr talks about IBM’s near-failure in the 1990s, but completely leaves out the fact that Apple too almost went under in the same time frame. In fact, they were much closer to death. Then Steve Jobs came back and — we all know the story.

The key is that Apple, as successful as they are right now, has already had to reinvent themselves. And they did it with stunning success. In fact, their reinvention has been more successful than IBM’s most recent reinvention. It’s just that Apple is not 100 years old. Nor is their metamorphosis something that any other company in the tech world (and perhaps beyond) is likely to be able to replicate anytime soon. And in fact, Apple’s metamorphosis is still ongoing.

And that leads to point two.

In remarking on the same article earlier today, Daring Fireball’s John Gruber tears into Lohr’s assertion that Apple’s hardware business could be easily “mimicked”. Specifically, he questions if Michael A. Cusumano, a professor at MIT that Lohr cites, understands Apple at all when he suggests that Apple in the future will have to shift to software and services to stay alive.

“I wonder if the professor thinks companies like, say, Rolex and BMW ought to shift to ‘software and services’ too?,” Gruber writes. He also notes that while Lohr brings up how Macs are still dwarfed in sheer unit sales by Windows PCs, Lohr completely disregards the fact that Apple is now in command in terms of profit share amongst PC-makers.

This is something which, comically, is almost always overlooked — even though it’s entirely deliberate on Apple’s part.

I also think that Lohr and Cusumano completely disregard something else important: innovation. As in, while it’s certainly possible that “Apple’s product designs, however impressive, will eventually be mimicked and come under price pressure,” as Cusumano suggests, that seems to be assuming Apple stands still and stops innovating in the areas of hardware design and manufacturing. That’s ridiculous.

I’ve been buying Apple products for just about ten years now (yes, that’s all). In that entire time, I’ve yet to see a product by a competitor that matches the build quality and aesthetic of Apple’s products in their major areas of focus (Macs, iPods, iPhones, and now iPads). Not once.

I know that sounds like just about the biggest fanboy thing to say… well, ever. But am I wrong? Even Apple haters cannot deny the quality of the products. Bitch about price, bitch about control, bitch about the fruit logo — but quality is simply never a compelling argument. Because Apple wins.

That hasn’t changed for at least a decade, and some would argue much longer. Why is it going to change all of a sudden? Because the manufacturing and designing processes will get cheaper? Sure. For shit products.

Competitors have been trying to mimic the look and feel of Apple’s products for much of this past decade. Guess what happens? They always come up short. We’re left with a ton of products that sort of, kind of look like Apple products, but never feel right. They feel like cheap knockoffs. Which is exactly what they are.

That’s part of the reason why I think Apple’s lawsuit against Samsung is silly. Is Samsung trying to mimic Apple’s products? Of course they are. Basically everyone is. But I’ve used a handful of the products Apple names in the lawsuit. And, well, a quote comes to mind.

“Senator, I served with Jack Kennedy, I knew Jack Kennedy, Jack Kennedy was a friend of mine. Senator, you’re no Jack Kennedy.”

If Apple fired their design teams and kicked Jonathan Ive to the curb, then sure, maybe in a decade competitors would be able to mimic Apple’s current designs and build-quality at a lower price that would threaten Apple. But that’s not going to happen. At least not anytime soon. And to not even bring up that fact is a slap in the face of what Apple has done in terms of manufacturing innovation and industrial design. Believe it or not, these things are an extremely important part of what makes Apple, Apple.

And none of that speaks to the astounding success Apple has had managing their supply chains. Again, there are good reasons that competitors aren’t able to copy Apple so easily. Under COO Tim Cook, Apple today is perhaps the most well-oiled machine the tech industry has never seen.

And there’s more.

In his WWDC keynote a few weeks ago, Steve Jobs said the following. “You know, if the hardware is the brain and the sinew of our products, the software in them is their soul.”

Obviously, he said this because WWDC this year was entirely about software with the unveilings of OS X Lion, iOS 5, and iCloud. But he also said for a much more important reason: Apple actually believes this.

Even though they make the vast majority of their money from selling hardware, without software, their great-looking machines would be absolutely worthless. Sure, you could jerry-rig them to run Windows, but then they would just be really expensive PCs. Apple doesn’t sell only hardware or only software — they sell the entire package. They sell the experience.

This is what the vast majority of their competitors do not understand. By outsourcing their “souls”, as it were, to Microsoft for PCs or to Google for phones, they can never do what Apple does.

One big exception may be HP. Despite their denials that they’re in the process of transforming their own business to be more like Apple’s, they are well, transforming their business to be more like Apple’s. With webOS now in place, they control the software (at least outside of PCs for now — but soon those too) and the hardware (not Apple-level yet, but you can be sure they’re working on it). Will that transformation work? Maybe. Maybe not. But give them credit for trying. At the very least, they seem to get it.

So when Lohr and Cusumano suggest that Apple may one day survive as a company that relies on software like iCloud to milk money-making opportunities out of things like advertising and marketing, you have to laugh. If anything, more companies are going to attempt to alter their models to be more like Apple’s, instead of the other way around.

Apple will remain in a position of power for the foreseeable future because they have nailed that model. And it is not nearly as easily assailable as the NYT piece suggests.

At the same time, Apple will continue to innovate, and yes, transform themselves. Most of their revenues now come from phones. Ten years ago, that was unthinkable. In another ten years, most of their revenue could come from tablet computers. Or maybe something else no one is thinking about right now.

Apple certainly won’t be becoming a “software and services” company anytime soon. They follow the “SaaS” model — that is, “Software as a Soul”. As in, the software cannot be decoupled from the hardware. They tried that once before. It was a disaster. It led to the near-collapse and subsequently, the complete reinvention that we’re seeing now.

They won’t have to “pull an IBM” because they’re already doing it one better.

BELLWORT TECHNOLOGIES PVT. LTD

Swati Jain

Travelzoo Stands Out In A Potent Industry


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Travelzoo Inc (TZOO – Snapshot Report) operates in a industry that is absolutely on fire. Estimates are through the roof and earnings are expected to double this year.

Are shares this Zacks #1 Rank (Strong Buy) in a tailspin? or are they oversold and a great buying opportunity?

Company Description

Travelzoo Inc. is a worldwide travel website that offers discounted vacations through more than 2,000 companies.

Net Income Takes Off

The company’s last quarterly report was back on Apr 21 and included a 30% jump in revenues, to $37 million. That is the highest in Travelzoo’s history. Net income surged 144%, to $6.0 million.

Earnings per share delighted Wall Street, coming in at $0.37 which was 9 cents higher than expected.

Estimates Soar

Not surprisingly, the full-year consensus estimates are up big. The average forecast for 2011 is up 54 cents, to $1.63 per share. Next year’s outlook is calling for $2.26, up 78 cents.

Given the $0.80 Travelzoo made in 2010, the annual growth rates are projected to be 103% and 39%, respectively. Not bad at all.

Are Shares a Deal?

Right now the stock is trading at roughly 35 times forward estimates. That is not exactly going to cater to value investors, but when you consider the 27% long-term growth rate, you get a PEG of 1.3, showing fairly priced growth potential.

I am not crazy about the sky-high P/B and P/S though.

Red Hot Industry

Groupon has put the daily deals industry in the spot light recently as the fastest growing company in history. That ushers in plenty of competition. But, Travelzoo has a specified market and competition has not seemed to get in the way of its growth outlook.

The Chart

There are 2 ways to look at TZOO, some may see the chart below and say that shares are on the way down and may not recover.

On the other hand, you may see the stochastic above and see a stock that is intensely oversold. Or the earnings trends below and think that this explosive growth is well worth the price here, seeing a good opportunity to buy on the dip.

Bill Wilton is the Aggressive Growth Stock Strategist for Zacks.com. He is also the Editor in charge of the Zacks Small Cap Trader service

BELLWORT TECHNOLOGIES PVT. LTD

SURINDER JAGGI

WWW.JAGGI.IN

5 Tips For Managing Your Energy, Not Your Time


BELLWORT TECHNOLOGIES PVT. LTD

“Life is a marathon, not a sprint.”
“I’m in this for the long-haul.”
“I can see the finish line — not letting up now.”
“I’ll sleep when I’m old” or “I’ll rest after I finish this next big phase.”
“I’m so passionate about what I’m doing that I don’t even NEED a break!”

If you’re anything like me, you’ve uttered one or more of these motivational phrases to yourself as you pursued a big project or business idea. As female business owners and entrepreneurs, we often try to do it all — build our business, eat healthy foods, stay fit, be social, take care of our home and loved ones, and be cheerful on top of it all.

It can be exhausting.

And contrary to all the popular mantras, treating life and business like a marathon might not actually be in our best interest.

My Ill-Timed Book Breakdown

I experienced this first-hand after having a complete and utter breakdown three weeks before my book, Life After College: The Complete Guide to Getting What You Want, was set to come out.

I had been working on the project for over two and half years, and in the final months I ramped it up to an obsessive around-the-clock endeavor (in addition to my full-time job at Google). I felt like I was on Mile 23 of a marathon — I could see the finish line and now was no time to rest or let-up.

Because I wasn’t willing to take a break, life knocked me on my ass (that’s the technical term) and forced me to rest. Despite the fact that my book was going to be released in three weeks and I had an impossibly long to-do list of important tasks to complete, I was a miserable, crying, nonfunctioning mess. Even though I was incredibly passionate about my project, not building in any rest stops had been a recipe for disaster.

The Alternative: Manage your energy, not your time

Tony Schwartz, author of The Power of Full Engagement, recommends that we manage our energy not our time.

Rather than treating our life and businesses as a marathon, Schwartz advises we treat them as sprints and recovery (recovery being key here!).

We all know we are going to have big sprints — that’s what makes pursuing a project or business so exciting. But it’s imperative that we build in equal parts recovery.

5 Tips to Make Room for Recovery

Schedule it. No matter whether or not you think you need a break, schedule fun or relaxation activities in advance and stick to them.
Double the break you think you need. I know how this goes, “Sure, I’ll take a break — I’ll give myself a whole hour off!” Not good enough. Whatever the break you think you need, double it. You are most likely underestimating the toll that all of your hard work is taking on your body and mind — even if you’re having fun.
Enlist family and friends. If you schedule a weekend get-away with family or friends, you’ll have no excuse but to unplug. Family and friends can be great accountability buddies for taking the breaks you need.
Make a list of the benefits of R&R, and brainstorm your favorite rejuvenation activities. I know that even after reluctantly taking a break, I will come back refreshed, more cheerful and more creative — which puts me in an even better position to do my best work once I’m back at it. Making a list of the benefits will help motivate and remind you to actually take the breaks you’ve set-up. At a loss for what to do? Make a list of any/all activities that bring you joy or relaxation. For me that’s reading, yoga, a glass of wine (with chocolate) and watching a few shows on Hulu.
Break down your biggest goals into achievable, measurable chunks and reward yourself often! For every day that you make a massive to-do list, add a “reward” item at the end that brings you joy. Maybe it’s reading a book, a gossip magazine, or going out to dinner with a friend. For many of us, we only take breaks or celebrate when we hit the BIG goals — but those can take months to achieve. Instead, break them down into smaller parts and reward yourself for all of the smaller milestones you hit along the way.

BELLWORT TECHNOLOGIES PVT. LTD

SURINDER JAGGI

WWW.JAGGI.IN

Revealed: Facebook’s music plans involve Spotify, others


BELLWORT TECHNOLOGIES PVT. LTD

For the past few months, I have been hearing about Facebook and Spotify getting a lot closer as companies, with a much tighter integration between the two services. However, Facebook’s musical ambitions go beyond Spotify and include other music services and applications. The company is currently working on lining up more partners for the 2011 edition of f8, its annual developer conference, which is most likely to be held in August 2011.

It seems that Facebook, after consolidating its position in three major Internet sectors – retailing, news and games – is now getting serious about music and media. At The Cable Show held recently in Chicago, Comcast CEO Brian Roberts extolled the values of cloud-based services and explained why cloud-based guides and interfaces are going to be key to television’s future. He showed off a deep integration with Facebook that can make television more social with recommendations from your social graph.

Just like Comcast, Spotify already allows you to share the information about the song that you are listening to on Spotify with your Facebook friends, but the next level of integration is going to be much deeper. And it won’t be just Spotify – my sources tell me that Facebook has been reaching out to other online music services and much of the attention at f8 should be focused on music. Facebook Connect and Facebook Likes are key components of this effort.

Facebook Music Features

Whether it is Pandora, Turntable.fm, SoundCloud or iTunes, listening to music, sharing music and then talking about is inherently a social activity and it makes perfect sense for Facebook to encourage this social behavior. Also, as we become an always-connected society, the idea of downloading and buying music is slowly giving way to the idea of “subscribing” to a giant library of music.

Facebook’s music plans are aimed at capitalizing on just such a future. Here is what Facebook is planning to launch as part of its music efforts, based on pitches it has made to some of the music services:

In the left-hand column, right where Facebook lists Photos, Friends, Places, Groups, Deals, Pages, and Games, you will find a new tab called Music. This tab will show up if a user has listened to music with one of Facebook’s partner music services.
Clicking on this new tab will open a page called Music Dashboard.
The Persistent Playback/Pause Button at the bottom of the Facebook page, where currently you have the chat icon. This button essentially is like a quick snapshot and controller of the music experience. Mouse over it and you can see what is playing on whatever service you might be logged into using Facebook Connect. It also allows you to play or pause a track once you discover it on Facebook. It is also linked to the play buttons in the news feed.
A page with snapshot of all the songs you have listened to on any specific service and also your top tracks and the number of times you have listened to those tracks.
The Music Dashboard will have the following features:

Music Notifications: here you have notifications that show if your friends have listened to songs recommended by you or on your profile.
Recommended Songs: You can get a list of songs heard and recommended by your friends. You can also play them back by clicking the play icon.
Top Songs from friends.
Top Albums from friends, with cover art.
Recent listens from your friends.
In the upper-right corner there will be a “happening now” ticker that shows what is happening in your social and musical universe, including songs that your friends are playing. There is some talk that this “Happening Now ticker” would show-up all throughout your music experience and not just on the music dashboard.
Facebook’s push for integrating deeply with music services is understandable. The company wants everyone to keep coming back to their website – if they don’t, then they cannot sell the ads they need to keep those revenues growing.

Music Equals Social Commerce

In addition, this could also be the start of a new kind of social-powered e-commerce business, something I discussed in one of my Om Says newsletters – So what comes after Social Commerce.

When Apple launched its Ping service, I was pretty excited by the idea of that service and what it meant for the future of commerce. Here is what I wrote then:

This click-and-go-somewhere-to-download model of affiliate links can never match a unified experience. Amazon, for example, encourages bloggers and others to link to things they like and then get a piece of the action. This separates social from commerce and treats them as two discrete activities. On the post-Facebook Internet, I don’t think anyone can afford to keep these two actions distinct.

Ping, from what little I saw during Steve Jobs’ demo, allows a similar level of social interaction. It can tell me who my friends think are cool and the top 10 favorites of people in my social graph. Some of my friends are famous deejays. Others just have eclectic musical tastes. They can collectively sift through over 10 million songs and help with the discovery of music.

Unfortunately, Apple never did things right with Ping and it seems Facebook is on its way to becoming a worthy challenger – without even having to deal with the record labels.

BELLWORT TECHNOLOGIES PVT. LTD
SURINDER JAGGI
WWW.JAGGI.IN

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