Archive for the ‘General’ Category

Gigaom

OnCue, meet your new owner: Verizon (S VZ) is buying the assets of Intel’s (S INTC) Intel Media unit, both companies announced Tuesday morning. “The transaction will accelerate the availability of next-generation video services, both integrated with Verizon FiOS fiber-optic networks and delivered “over the top to any device,” according to a press statement sent out by Intel and Verizon.

Terms of the deal were not announced, but the final price is believed to be somewhere in between the $500 million Intel had asked for and the $200 million Verizon had offered. Both companies are expecting to close the deal in the first quarter of 2014. Reports about Intel selling Intel Media to Verizon first surfaced in October.

Verizon said Tuesday that the transaction included “intellectual property rights and other assets that enable Intel’s OnCue Cloud TV platform.” Part of the deal is also a future for “substantially all of the…

View original post 145 more words

Apparently we all spend most of our lives living in the same place; it is called Storyland. According to Jonathan Gottschall, who pended the book ‘The StoryTelling Animal’, “By the time we die we will have spent more time in the provinces of Storyland, (novels plays, TV Shows, songs, dreams fantasies, and so on) than anywhere else.”

But the story or – if you want to use the word that anthropologists and marketers prefer – the narrative, has a resonance that strikes right into the core of our soul. Present facts as a power point presentation, and their impact largely washes over us, like waves on a beach during high tide. But present facts as part of a story – one involving taste and smell, fear and hope, tragedy and love – and our brain becomes a beacon of emitting neurons.

Yet the narrative can fool us, can drag us into crazes, and lead us to make calamitous errors. Then there is justice. A judge or jury subjected to one particular narrative can rarely see the other point of view. The narrative can enlighten us, but it is also the stuff that wars, economic bubbles and legal injustices are made of.

For  examples see:

Property bubble: is this a yarn that can only ever have an unhappy ending? 

Is BP a victim of the narrative? 

Entrepreneurs need to diversify more

Facebook results: suddenly its valuation does not look so daft 

© Investment & Business News 2013