Bates has described the inclination of individuals to carve out a subset of the information world in a personal information collection through the metaphor of farming ( Bates 2001 ). With this in mind, we can see that the creation and maintainance of a personal information collection is a process occurring over time with the individual calculating and valuing the costs and benefits of keeping behaviour. On the other hand, if misses are relatively more costly, then people will be more inclined to keep the information source or channel in their personal information collection. MORE >>

Economist Ronald Coase has proposed that the reason firms exist is to decrease transaction costs. But the web makes transaction costs across individuals and ad hoc groups of people so small as to be unimportant to many web-era businesses. Simone said: “the web makes transaction costs across individuals and ad hoc groups of people so small as to be unimportant to many web-era businesses&#. Copyright 2001–2008 Giga Omni Media, Inc. GigaOM. GigaOM. WebWorkerDaily. NewTeeVee. Earth2Tech. OStatic. Events. About. Advertise. Contact. Related Stories. vs. web 2.0 MORE >>

LeadLife  is designed to increase qualified leads while shortening sales cycles and decreasing the cost of sales. Before starting VerticalResponse in 2001, Janine worked with NBC Internet, XOOM.com and FileMaker. A year ago, the #Nifty50 honored 50 remarkable men and women on Twitter. This year, colleague Cheryl Burgess and I changed things up a bit, opening the award to nominations but focusing specifically on outstanding men and women who work for technology companies and are active on social media. That will be our top focus for next year. Stacey Acevero. sacevero. Abby Bailey. MORE >>

Tower Records crashed in 2006, costing 3,000 jobs. This is what Florida’s research turned up [ Editor's note: I have edited the formatting to make it a little easier to read ]: The creative class added nearly three million jobs between 2001 through 2010, growing jobs at a seven percent clip. I don’t usually read the articles at Salon.com unless somebody smart points to one that they find particularly objectionable. read Scott Timberg’s article and I have to agree with Breslin. Gaaaah. ” [via Wikipedia]. say let the crap be free. Every. Single. Day. ). MORE >>

In a world where the cost of storage is practically zero, and the incentive to delete data declines, I'm befuddled by the lack of prioritization for some companies to focus on a complete search history, and in parallel, an intentional erasure of information by more prominent content producers, who seem to arbitrarily decide that the long tail of the Web, and the interest of future readers is less important than being seen as participating in the latest hip wave. Google cache ). When TweetDeck was sold to Twitter, I could go back to 2008 and see my first thoughts on the service. MORE >>