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What I've been reading this week

I’m of the belief that participants in the TMT industry need to read widely in order to understand the present and future dynamics of the market. To that end, this post is a collection of the articles that have caught my eye. This week: All bad news for Zuck, Penguin in self publishing hedge, Sky in Sun wrap & network vendors feel pinch Digital media The number of Facebook accounts in the US fell 1.1% in the last 6 months. Their share price is commensurately down. Unfortunately, this is likely to put a cloud over tech stocks and IPOs for the foreseeable future. Such a shame, since many of us saw it coming from a mile off. Banks to blame, I’m afraid. http://www.theregister.co.uk/2012/07/18/facebook_user_growth_declines_stock_tanks/ It’s all bad news for Zuck right now – here the BBC demonstrates how worthless “likes” are. Their fake bagel product managed to get 1,600 likes despite representing a totally fictitious brand. How much are those likes worth? Nada. http://www.bbc.c...