Back in April I wrote about Cramer playing with the market. Is Goldman Sachs essentially doing the same thing? Some people sure think so

Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression

See the following video as well.

Direct link

Here is a link to the origin.

Have a look at this little gem.

The Alternet magazine claims that there is a conspiracy between the big media outfits to kill off or at least damage Google.

It thinks that Viacom’s $1 billion copyright infringement lawsuit against YouTube and the recent deal between NBC Universal and News Corp to establish a rival online video site is all part of a cunning plan.

This can’t be confirmed, but it’s probable given Viacom’s recent strike. It seems like Google has become the scapegoat of declining media companies, which increasingly suffer in an age of sharing. They just fear the idea of people generating and viewing their own content. People can legally collaborate on and extend music, video, literature and more. When will companies realise that rivers just run dry owing to disruptive technologies. They should seek alternative revenue streams instead of fighting reality.

CCORDING to various sources (including a seminal report from TechCrunch), Digg seeks to be acquired. The reactions are, as expected, largely rants that express dissatisfaction, particularly within the Digg community. I spotted this one comment the other day.

“If News Corp buys it, you can find me a Netscape.com or some other similar site.”

It is just one among many which speak of Slashdot, Netscape, or mention News Corp./Fox as the evil creature that could take over Digg. All in all, this is probably good news to all sites which compete with Digg. I don’t think that any company with the needed resources (and interests) is truly benevolent.

• Google – would pull “democracy” out of Digg, especially if you IP address is Chinese…
• Yahoo – would sell your Digg details…
• Microsoft – would eliminate the Apple and UNIX/Linux sections…

Out from afar I continue to observe an American domination that expands through integration, acquisitions, and a worrisome process of ‘innovation’ takeover. Here is an example from yesterday’s technology section.

Yahoo!’s shopping spree is showing no signs of letup. During the past 18 months, the online media and search giant has acquired photo sharing startup Flickr, social bookmarking site Del.icio.us, and Upcoming, a user-generated social events calendar. It has also tried to acquire social networking site Facebook for upwards of $1 billion.

Microsoft, Oracle, and Google (among a few others) are no exception. Microsoft in particular has been buying plenty of startups in order to penetrate the Web. Larry Ellison eliminated Open Source threats by buying them off (this includes an attempt to snatch MySQL, having led PeopleSoft to their demise). And while Oracle uses Linux very heavily and has seen a sharp rise in profits, it all makes you wonder where the global industry is headed. Technology is not the only sector affected. Giants such as MacDonald’s or Wal-Mart are there to remind us that they can go global and eliminate mom-and-pop stores in the process. Ultimately we may all find ourselves enslaved to few powerful players whose leaders accumulate billions.

This is made worse when large players liaise in order to squash any emerging threats (disruptive technologies such as Open Source software). Essentially, they promote their own agendas using seemingly-infinite powers and resources. As an example:

Why the world needs openness, not interoperability

This NAC/NAP lovefest would be laughable if it weren’t such a kick-in-the-teeth to the rest of the industry, enterprise IT, and all Internet users. A Cisco/Microsoft oligopoly stalls implementation, stifles innovation, and makes the network less secure. In this way, Cisco and Microsoft are standing in the way of progress.

Unless legistlation changes, only the universe is the limit. Corruption, lobbying, and shilling do not help either.

T is pretty much evident by now that I have joined the Netscape team. I never denied it, nor did I say a word until it was official (and publicly stated).

I am very much pleased to have gotten an opportunity to work with a group of talented people. Up, close and person, figures whom you were taught to dislike (principally Calacanis) are quite friendly and kind. They are not the devils that you were led to believe they are. What bothers me most are some recent accusations that come from conspiracy theorists. Some would argue that Netscape is trying to ‘poison’ Digg’s index, which is of course preposterous. Netscape would never use destructive measures or viral marketing techniques. To quote what fits the latter catergory (from Wikipedia).

Viral marketing is sometimes used to describe some sorts of Internet-based stealth marketing campaigns, including the use of blogs, seemingly amateur web sites, and other forms of astroturfing to create word of mouth for a new product or service. Often the ultimate goal of viral marketing campaigns is to generate media coverage via “offbeat” stories worth many times more than the campaigning company’s advertising budget.