“As reported in a number of places, Walmart has acquired OneRiot: a startup that originally tried to do social search before pivoting to focus on social advertising. OneRiot joins a unit called Walmart Labs, which the giant retailer created earlier this year with the acquisition of a company called Kosmix. Why should media companies (or anyone else, for that matter) find this interesting? Because what drove Walmart to make these acquisitions and create Walmart Labs is the same thing that plenty of other companies, and particularly media entities, should be interested in: making sense of all the data coming in from users on social networks and their sharing activity.”
New Trends Tilt Toward Niche Sites – NY Times
“It was a rough week for the big guys on the Web. Yahoo unceremoniously dumped its chief executive, Carol Bartz, and AOL faced a mutiny from TechCrunch, the Silicon Valley news site it bought last year.
Apart from the specific business issues feeding those travails — sinking traffic and profits at both — they provided yet another lesson of the Internet age: as news surges on the Web, giant ocean liners like AOL and Yahoo are being outmaneuvered by the speedboats zipping around them, relatively small sites that have passionate audiences and sharply focused information.”
New Retail Strategies: Offering a Better Fit for Today’s Careful Consumers – Knowledge@Wharton
“In many ways, it’s a retail story that never changes, says Wharton marketing professor Leonard Lodish: ‘Retailers that really solve problems and delight consumers in ways that other retailers can’t … do very well.'”