Think your cloud based business is immune from the vagaries of old-school political boundries? Think again! Greek companies are unable to pay for cloud services because of capital controls.
Last week I blogged that the television networks were in the same death spriral that claimed newspaper companies, just a half-decade behind. Comes now the news that the BBC, long thought invulnerable because it collects a fee for every television in Britain, is facing massive shortfalls and laying off 1,000 people.
The most terrifying position for a company to be caught in economically is to have an increasing share of a dying market. It makes you between doing suicidal stuff that loses your business long-term, or plunging revenue short term. Which explains why the Big 5 Publishing Houses colluded with Apple even though they knew it would increase piracy.
And finally…This should go well. Salon staff: “we believe in our publication and want it to be successful.” So much so that they have voted to unionize.