My interest in business or commercial activity first started when a work friend of my Mum visited our family. She brought a book on commerce which is what business studies would have been called decades earlier. I read the book and that piqued my interest.
At the end of your third year in secondary school you are allowed to pick optional classes that you will take exams in. this is supposed to be something that you’re free to chose.
I was interested in business studies (partly because my friend Joe was doing it). But the school decided that they wanted me to do physics and chemistry instead and they did the same for my advanced level exams because I had done well in the normal level ones. School had a lot to answer for, but fortunately I managed to get back on track with college.
Eventually I finally managed to do pass a foundational course at night school whilst working in industry. I used that to then help me go and study for a degree in marketing.
I work in advertising now. And had previously worked in petrochemicals, plastics and optical fibre manfacture. All of which revolve around business. That’s why you find a business section here on my blog.
Business tends to cover a wide range of sectors that catch my eye over time. Business usually covers sectors that I don’t write about that much, but that have an outside impact on wider economics. So real estate would have been on my radar during the 2008 recession.
The Master Switch author Tim Wu is an American lawyer, professor and expert on internet matters. He is main claim to fame is coining the phrase ‘net neutrality’ back in 2003. He is well known as an advocate of the open internet.
One needs to bear all this in mind when thinking about The Master Switch: The Rise and Fall of Information Empires. In it Wu posits a natural lifecycle for the rise and maturation of platform and media companies; which he called the ‘long cycle’.
Wu uses the following companies as examples:
Western Union’s telegraph monopoly
Western Union-owned Associated Press’ relationship with the nascent newspaper industry
AT&T in telecoms
The early film industry and the rise of Hollywood studios
Apple’s history – though this point is less nuanced because Apple has cycled a number of times between open and closed systems – a nuance that Wu doesn’t fully pick up on
In The Master Switch, he points about how these companies have moved from open systems to closed systems in order to maximise profits and resist change. Wu then uses these cycle to argue that a repeat of history was under way with the modern internet. In 2010 when the book was written; this would have ben the rise of Google, Facebook and Amazon.
Ed Vaizey announced that ISPs should be free to abandon net neutrality in the UK and it was abandoned in the US when FCC chairman Ajit Pai was appointed by Donald Trump. More telecoms related content here.
I love Connie Chan blog posts and presentations. In this talk she covers how Asian applications manage to squeeze so much more features into their apps than their western equivalent to provide a fuller eco-system of services that she terms super-apps.
Connie Chan isn’t only smart, but manages to talk about Chinese eco-systems in a simple coherent way, which is an art in itself. More Connie Chan related content here.
For These Young Entrepreneurs, Silicon Valley Is, Like, Lame – WSJ – for most of the 18 entrepreneurs and investors, and especially for those in their 20s and 30s, last week’s visit largely failed to impress. To many in the group, northern California’s low-rise buildings looked shabbier than the glitzy skyscrapers in Beijing and Shenzhen. They can’t believe Americans still use credit cards and cash while they use mobile payment for almost everything back home – not terribly surprised. Silicon Valley is no longer the place ‘where wizards stay up late’. Agencies work harder than their Bay Area tech clients and it is full of hubris
Luxury is thriving in China again, thanks to millennials — Quartz – Chinese millennials start buying luxury younger, and they buy high-end products more frequently, the firm says. (It undoubtedly helps that they have more spending power than previous generations did at their age.) What they’re buying is also different. Bain surveyed about 500 Chinese millennials and found their interests leaned toward casual and street-inspired fashion – Supreme rather than Prada, put into context here
Huawei – Really Convincing Story, Not. | Radio Free Mobile – this means that this feature (RCS – Rich Communication Services), like its AI assistant, AI chip and its now commoditised imaging offering will be unable to generate any differentiation for Huawei in its devices. This leaves it exactly the same boat as all of the other Android handset makers who differentiate purely on the basis of hardware
Unilever under fire over Gaytime ice cream in Indonesia | PR | Campaign Asia – no idea where they got that idea, I imagine it could become a cult brand if launched elsewhere. Gaytime ice cream makes me think of a more innocent time in my life when, if I was home from school, I would be sat down with Marie biscuits and a cup of Barry’s tea by my Mum. This was a thinly veiled bribe to be quiet, which wasn’t really needed.
The reason for this ritual would be a soap opera called Harbour Hotel and a chat show called The Gay Byrne Show. Both where on RTÉ Radio 1. Back then gay could mean happy; or in the case of Gay Byrne it was short for Gabriel. The radio meant that voices from home where beamed into our house around the clock via medium wave and long wave.
https://youtu.be/hByFDVwiQq8
Of course, I wouldn’t have mentioned it at my English school as there would have been an ocean of sniggers. The Muslim outrage at Gaytime also mirrors the PC revisionist view of The Flintstones ‘we’ll have a gay old time’ lyric in their theme tune. Apparently its original meaning of happy or fun, was interpreted as being intolerant of the LGBTQ community.
The problems that the Labour Party faces with Corbyn and the general distrust of politicians in what should be ‘heartland’ seats
The continued credibility of Nigel Farage
The anti-German sentiment. The EU was seen as a German vehicle to win the war again by stealth – this has almost a Basil Fawlty quality to it. But at least some of the panelists believed it was true
How the political divisions around the societal change driven by Margaret Thatcher’s government reverberated into the Brexit vote
Poundland’s naughty elf campaign which riffed on British smut and the ‘Elf On A Shelf’ franchise affected consumer attitudes to the brand according to YouGov. The research is at odds with the overall positive response it got from Twitter (outside the London media-advertising industrial complex) – YouGov | Poundland’s X-rated ads generated publicity, but consumer perception has dropped
Three Thoughts on Day One at CES 2018 – not surprised that computing is moving to the edge as the network represents latency and potential unreliability – think about how cloud failure when it hit Nest devices and IoT obselescence
Casio AL-1000 – the nixie tube display and ferrite core memory make it a thing of beauty to behold
Huawei’s US market dreams ‘harmed again’ after AT&T walks away from smartphone pact | South China Morning Post – “We have been harmed again,” Huawei’s consumer business unit chief executive officer Richard Yu said in a text message to the South China Morning Post – you can see from later articles how Huawei progressively got their act together in terms of media response though much of the coverage added a thin veneer of analysis whilst repeating the original WSJ article – China’s Huawei hit by last minute collapse of AT&T phone distribution deal | Reuters – the collapse of the deal with AT&T, first reported by the Wall Street Journal, will mean that Huawei will likely struggle to make a hit of its smartphones there as a U.S. mobile carrier would typically promote the products as well as provide subsidies and special package deals
Chad Dickerson’s Fieldnotes – Fieldnotes is an email newsletter from one of the key people during Yahoo!’s web 2.0 geek golden age and former CEO of Etsy. Chad Dickerson was in charge of Yahoo!’s Brickhouse incubator and the Yahoo! Developer Network. He then went to be the CTO of Etsy and was then promoted to CEO. Dickerson came from a background in technology for online media, having worked at CNN, Salon.com and InfoWorld before Yahoo!
Shipping time lapse
This is the second time lapse film I’ve seen done by an officer on a ship. I get it. No internet would give you a lot of time to put the film together. It opens up a world that I had only heard of from people older than me who had served on ships when westerners were sailors. I love the way clouds boil away, time lapse allow you to better see the liquid nature of clouds.
20 choice edits and reworks
Greg Wilson put together this mix of his favourite edits that had been done in 2017. Everyone of them are are an amazing track. Wilson was one of the original resident DJs at the Hacienda. He was the first UK DJ to be seen scratching on TV. He took a break from DJing and returned later to both DJing and production. Wilson is one of the pioneers in the nu disco movement.
LV Pass Apple Messenger icons
Louis Vuitton’s LV Pass app did some really nice integration with Apple’s Messenger stickers. It is based on Jeff Koons artworks and the iconic Louis Vuitton brand. More related content here.
Switch off for the holidays
Fair play to Nokia for running this campaign on their website over Christmas. They realise that consumers are over connected and need a screen break, so they have been encouraging consumers to switch off and connect in real life for the holidays.
GoPro quits the drone business – The Verge – because of the grip that DJI has on the drone market. GoPro had expanded into drones in the face of declining growth in the action camera market. You can start to see drone footage being cut into extreme sports videos providing a variation of views that weren’t possible previously.
TCCC Unity on the App Store – Coca-Cola did an iPhone app to explain the ethos behind its bespoke fonts (presumably beyond not having to pay licence fees and hubris)…
AT&T Backs Off Deal to Sell Smartphones From China’s Huawei – WSJ – if true it represents a spectacular loss of face for Huawei. There would be likely internal repercussions in Shenzhen as it dents the company’s reputation as a brand on the rise, its aspiration to be seen as a globally recognised premium brand and the oft talked about objective of cracking the US handset market beyond burner phones
