Daily Archives: January 24, 2011

Facebook’s secret pages

Jesse Eisenberg als Mark Zuckerberg im Film "The Social Network". Quelle: dpa

Jesse Eisenberg as Mark Zuckerberg in the movie "The Social Network". Source: dpa

DÜSSELDORF. Nicola place, "Green is a beautiful color." Ingvar is now friends with Asgeir and Magnea, and Daniel waiting for his neighbor complained about the noise of his machine. All messages from your Facebook friends from this morning. That is one side of the Facebook world. Which, because of the skeptics will probably never believe that the social Internet network, the legitimate businesses, the proponents always predict.

There is also the other side. This is Oscar Morales, a civil engineer from Colombia. 2008 he founded an action group on Facebook, to mobilize against the FARC militia that terrorized his country for decades. Within two days, joined the group in 8000 Colombians. The President registered the feed and launched a nationwide program of action against the FARC. Facebook had shown that there is more than just a talking shop.

Oscar Morales begins the book "The Facebook Effect." The American economy is characterized by journalist David Kirkpatrick, as was the idea of the student Mark Zuckerberg, a global Internet empire that prized the investment bank Goldman Sachs a few days to a value of over $ 50 billion. "A more transparent world creates a better governed world and a fairer world," he cited the Facebook founder. Kirkpatrick’s book is one of several new publications this spring dealing with the phenomenon of Internet social networks. Morning in the book trade is "Together alone" of the German journalist Carsten Görig.

Both discuss the exact balance between serious manifestos View forum and media, the Facebook, Twitter and get added look. While Kirkpatrick focuses almost exclusively on Facebook, trying Görig the round cover and is dedicated to all the phenomena that make the Internet is a sensation: Google, Facebook, Twitter, and even Apple.

The business on the Internet is changing. With Google, Facebook and Apple to crystallize out the great fixed points of the World Wide Web. In the business of digital data traffic to flow again as funds at the time of the dotcom bubble. Only last week published a study that in countries like Britain, Sweden and Denmark, already half of all residents is a member of Facebook. Germany, however, is about ten percent still developing country.

But the days of unlimited admiration for all the companies with fresh ideas in a short time conquered the Internet, is ending. Many of the new book critically examine the trends that are celebrated by the Internet community as a mixed blessing. They do, however, different: Detailed, precise in language, founded by a remarkable close – without having to make public – on the theme and the characters, as does David Kirkpatrick. Stereotypical, superficial and sometimes simplistic, as Görig approaches his subject.

The latter uses the fuss about Twitter, Facebook Google and Apple to a pessimistic warning of the social consequences of Internet culture. Görig describes how former garage as sweatshops Apple or Google were to companies with a world power. He works descriptive and provides regular summaries of their respective companies Chronicle. Is likely to be especially interesting for newcomers to the topic.

Regular media users do not surprise Goerig versions. The book suffers from the Görig to any of the actors from the Apple-Google-Facebook-Twitter-rich  came in contact. At least the reader learns nothing about it. Instead Görig provides a summary of the secondary literature.

That is what the second part, which deals with the political and social consequences of the participatory Internet, barely beyond. Görig summarizes the grievances to privacy and respect for privacy, but is largely known to conclusions. Such that the big four companies abuse their power in the Internet to make transactions with the data of their users that they cause social harm because flatten interpersonal relationships or contribute to dumbing down the corporations, by accelerating the information behavior and scattering.

All this reads more like the settlement of a seasoned analog media user with the digital world as a real debate on the issue. It is also the author, so you can see after reading, not an illusion: The trend is for hands-on Internet can not be stopped.

It also says David Kirkpatrick. He also approaches the excitement surrounding Facebook critical questions about its handling of user data and the postulated claim omnipotence for the future internet world. But he has spoken to all relevant persons. From the beginning of Facebook Dream on, he accompanied Mark Zuckerberg. For years the author has a picture of Facebook Boss won that allows the reader to understand how an outsider was from Harvard, one of the most celebrated CEOs in America. Zuckerberg appears as quite endearing, but to diffuse power claims-prone IT freak.

Just this deep insight into the life and thought of the Facebook Founder, however, allow the reader to make their own impression of the thought-world behind the internet network. Kirkpatrick leaves out no problem: no sugar’s urge to societal notions of privacy and intimacy to change, nor its problems, the idea Facebook to make a business model. Those who wonder why social Internet networks for hundreds of millions of people so fascinating and yet so threatening, does not come over on the book.

Roman: 70 Facebook Friends but all alone

Maxwell Sim is a desperate, lonely man. The company of his fellow men has lost its charm for him. He sent text messages rather than to pick up the phone, and instead to meet with friends, he is cheerful, ironic put in my status updates Facebook Account, to show everyone what I was leading an active life. "More than 70 Facebook Friends he has so accumulated, most of which are completely unknown to me "- as the crucial constraint.

Maxwell is the main character in Jonathan Coe’s new novel "The monstrous solitude of the Maxwell Sim. He can still so many friends on Facebook have – if he needs one, no one is there. His attempts to connect with real people in contact fail, in an almost tragicomic Art A Chinese woman and her daughter, who sat in a restaurant at the next table are suddenly gone, as he struggled through to appeal to them. And his seatmate on the plane died while Sims monologue of a heart attack – without any notices. To at all contacts have logged on anonymously Sim on one side of a guide on the internet in order to chat with his ex-wife. Or he talks to his navigator.

The book is entertaining and thoughtful at the same time true. Coe describes Maxwell’s problems, fortunately with mild language. The novel raises the question of why it is often much easier for a relationship with fictional characters as real people to build – and culminates in a very surprising conclusion that leaves the reader to think also about his balance between the real and the virtual. A profit.

The disappointment is programmed

Händler an der Wall Street: Warten auf die nächste Zahlenflut. Quelle: dapd

Traders on Wall Street: Waiting for the next number in flood. Source: DAPD

HB NEW YORK. The disappointment of U.S. investors in the coming week is programmed according to some stockbrokers practical. Finally, the expectations of the company figures are so high screwed that not even the good could be good enough. This balance harvest season, therefore only the applause on the floor, which surpasses forecasts by far. Then there is definitely still room for improvement, even if the market are more profit-taking on the agenda.

The Wall Street puts the so probably a long-feared breather after S & P and Nasdaq in the past week had been inserted into reverse.

Especially in technology, energy and raw materials industry are the high expectations and the risk of disappointment in size, which should share in the coming week, especially energy giants like Chevron and ConocoPhillips of its balance sheet presentation under pressure. The results of the copper producer Freeport McMoRan Copper & Gold and the banking giant Goldman Sachs had previously been very optimistic investors in the past week put a damper.

The decline in the leading sectors is a clear sign of profit taking, "said Marc Pado from Cator Fitzgerald in San Francisco. The market was heading towards a decline of five to seven percent in the traditionally weak month of February.

And this withdrawal had begun on Wednesday. Nick Kavilas of MF Global in Chicago shows, however not as pessimistic: The S & P will lose four to six percent from its closing price on Tuesday, predicted the analyst. In the past week, the S & P 0.8 percent and the Nasdaq by 2.4 percent. The Dow, however, rose by 0.7 percent.

In the coming week, investors will focus primarily on the U.S. central bank. The Federal Reserve is expected to expectations of some economists caution in its statement on Wednesday reported the signs of improved economic situation in the U.S. – especially for consumers and industry. An economic data have investors on Tuesday that consumer confidence in January down in the calendar plus the orders for durable goods on Thursday and initial estimates of gross domestic product in the fourth quarter on Friday.

Business numbers are from the likes of McDonald’s and American Express expected on Monday, Boeing on Wednesday, and Microsoft and Caterpillar on Thursday.

Gold on two-month low

Der Goldpreis steigt nicht mehr Quelle: dpa

The gold price does not rise more Source: dpa

HB FRANKFURT. The signs are condensed. Hedge funds last week their bets on rising gold price closed and the volumes of physical gold, held by ETPs fell to 2067.57 tons, its lowest level since October. After gold has gained 30 percent last year and 7 December 2010, the mark of $ 1,432.50 an ounce reached, seems now to change the mood. In New York the price of gold fell on Thursday temporarily to a two-month low of $ 1,346.50. This controls the listing for the third consecutive weekly loss, equivalent to the weakest performance since July 2010. "The gold rally is almost over," said Leonard Kaplan, president of Prospector Asset Management, "Everyone goes out now. The dollar is rising nicely, and commodity prices have all been too high."

Silver also lost as much as two weeks ago no longer $ 27,473 ounce. The price fell by eleven percent in January, after last year rose 84 percent.

Reason for the decline in prices is the fear of investors that China is raising its interest rates soon to counter a stronger increase in prices eigneen country. This would have a negative impact on commodity prices, said Adam Klopfenstein, an analyst with Lind-Waldock. After all, a rate hike could weaken China’s growth. This would also reduce the demand for energy.

The currencies of commodity-exporting countries such as Australia, New Zealand, Canada and Japan brought under pressure. They lost to the dollar, even as the greenback got himself an additional boost, as can falling unemployment and a recovery in the housing market growing hope for a recovery in the U.S. economy. Analysts at investment bank Morgan Stanley therefore see the turnaround came in the dollar, "We expect an above-average U.S. growth that will strengthen the dollar further," said Calvin Tse. A strong dollar is in turn also brings commodity prices under pressure because they are traded mostly in U.S. currency. Also lose precious metals like gold and silver, their attractiveness as an alternative investment.

Once China had announced that inflation rose to 4.6 percent in December, was also the price of oil to 2.2 percent. A barrel of WTI at reduced prices to $ 88.86, Brent fell to $ 95.79.

Derby Cycle plant Lightning debut on the stock market

Neue Fahräder: Mit Derby Cycle geht ein weiterer Produzent an die Börse. Quelle: dpa

New bicycles: With Derby Cycle is another producer on the stock exchange. Source: dpa

HB FRANKFURT. The bicycle manufacturer Cloppenburger Cycle Derby will be stock market debut in early February. On 4 February, the shares are first traded, as is clear from the prospectus published on Friday. This is likely the firms in Lower Saxony in Germany become the first newcomer this year. The software company RIB Software has indeed been placed in position, but so far announced any specific date.

Cycle Derby will collect the gear on the stock market almost 100 million €: 6.84 million shares to be sold, they are offered in a drawing range from 11.50 to 15.50 €. Of this, 1.5 million tracks from a capital increase, the rest – including an over-allotment option of 890,000 titles – come from the holdings of existing shareholders.

With the money flowing into the corporate treasury, Derby Cycle will continue to drive growth, especially abroad, are also increasingly electric bicycles are brought to the man. The company employs 550 people and sells electric bikes, sports bikes and bicycles.

Tax benefits for real estate in danger

16. Pariser Arrondissement: Um starken Preisanstiegen von Häusern und Wohnungen entgegenzuwirken, sollten die Länder ihre Bau- und Planungsvorschriften lockern.  Quelle: dpa

16. Arrondissement: To counter strong price increases of houses and flats should loosen the countries their building and planning regulations. Source: dpa

LONDON. Many countries – especially the United States – would currently subsidize the purchase of private property. Thus, in many countries make their interest payments when homeowners for tax purposes and reduce their tax burden. "This leads to excessive investment in real estate and encourages speculation," OECD economist Dan Andrews said in London. Thus, the tax breaks that home prices higher. The researchers also argued for much higher property taxes from – these were based in many countries at low historical valuations and not at current market prices.

To counter excessive price rises of houses and flats, the country should also relax its building and planning regulations – to make the real estate and may respond more quickly to rising demand.

A better bank supervision was necessary. The deregulation of financial markets since the 80s has led to a lax bank lending, which has driven property prices up. "The financial market liberalization has driven in OECD countries in recent decades, the house prices by around 30 percent in the level," said Andrews.