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Google fights against FTC intervention in News Industry’s Timely Demise

Google fights against FTC intervention in News Industry’s Timely Demise

Government subsidies and federal regulations are being entertained by the FTC in an open discussion between the Luddites and the Progressors of news media. This discussion takes a concerning direction as the FTC makes some recommendations on how the govenment might “float” the industry until it can gets its act together. I understand the interest of supporting yet another of the foundational industries of our nation, but it’s intervention is supporting exactly the sort of middle-man distribution that needs to be demolished.

The news industry has been founded on the dissemination of information and (most of the time) facts. I am personally amazed that the industry: (a) has survived in a market where this core tenant has been repeatedly threatened for SO long, (b) does this while bringing very little of its own innovation to the table, and (c) so voraciously complains as their belts are tightened to the brink of starvation. I have little empathy. So it brings great pleasure to see Google, one of the leading news aggregators, bring a little sensibility into the discussion.

I caught this via a review posted at Buzz Machine who sheds a little light on the arguments presented. On the whole, I agree with their points. His review makes for a very interesting read, even if only to illustrate the painful situation News Media currently finds itself. (Thanks, Jeff!)

Geek Compliments

Geek Compliments

Even though I’m sure he just did a google search for the WHO IS of geekdom and threw in the names, I still lawled.

Allan Georgia
you’re like the bastard child of an issue of wired magazine that did the walk of shame after a night with the cnet homepage, thrown into the dumpster of techy prom night behind the Best Buy, and later picked up by a wily Bill Gates, and raised with the help of Sergey Brin. The intended abortion doctor was, I think, Bill Joy, but the wired magazine couldn’t find the cave where his technological abortions occur. Oh, and I mean that completely as a compliment. :)

PS: I doubt Gates and Brin would ever “help” each other to nurse the bastard child of any media outlet. <3