Here are links I found interesting on August 10, 2011:
- Why Groupon is Bad for Small Business – Some specific notes on what's wrong with Groupon from the small business owner's point of view. Excellent points.
- Groupon Is a Straight-Up Ponzi Scheme – Why Groupon can't work in the long run: "The vast majority of local merchants can’t discount more than 10 percent. Some can go maybe 25 percent in special situations. But 75 percent is a wholly unsustainable number. If all local merchants begin using Groupon then it can’t send loyal customers to anyone; Groupon can only send discount chasers to merchants. Which means that as Groupon grows, both local merchants and their competitors will find that Groupon’s main argument no longer works (if it ever did) — Groupon simply can’t send them loyal new business. So they all stop using Groupon in its current form." Read the rest of this interesting article on Knewton.com.
- Apple is now the world’s most valuable company – Not sure how long this will last, but it is kind of cool.
- Discontent with Lion’s “My Way or the Highway” Approach – Another interesting look at Lion features that aren't pleasing all Lion users. Personally, I feel that the positives in Lion far outweigh the negatives.
- A Box You Want to Uncheck on LinkedIn – "Apparently, LinkedIn has recently done us the “favor” of having a default setting whereby our names and photos can be used for third-party advertising." Read more (and fix this) on BrandImpact.com.
- How Could Anonymous "Destroy" Facebook? – Interesting look at Anonymous's threat to "destroy" Facebook and how such destruction could be accomplished. My opinion: I'd love to see Facebook go away.
- Password Strength – This says it all.