About the future of the media industry

Print is going to fade away fairly quickly; 

The Wall Street Journal and the New York Times as doing "a pretty good job," while the work of some others is "lousy".

CNN Founder Ted Turner

Reading Machine: #MustRead posts and articles from across the web

How Nokia Fell from Grace
By failing to understand changes in its market and remaining geographically removed, the mobile-phone maker ceded control to Apple and others
BusinessWeek


5 Winning Social Media Campaigns to Learn From
Companies are starting to broaden what they consider online advertising, and are opting to run some amazing social media campaigns. Rather than slapping a banner ad on a site, social media campaigns take full advantage of the web’s unique properties like interactivity, community-building, and the ability to specialize local offers.
Mashable.com


The Real Value of Social Media for Social Good
Chris Hughes wants to connect "people who want to change the world.” A Mashable interview with Chris about the social good space, online organization, and Jumo.
Mashable.com


How has the crisis changed the teaching of economics?
How have the financial crisis and recession affected the way economics is taught? How should economic instruction change?
Economist.com

Zuckerberg: Being Private Is Better

Facebook will not hit the public markets "anytime soon," says CEO Mark Zuckerberg on Facebook, using the sites new question and answers feature.

The reason: Facebook wants to take "big risks," with new products that might come under harsh scrutiny from the public markets. "Being private is better," says Zuckerberg.

Business Insider

Asia-Pacific to Pass North America as Biggest Ad Market in 2014

The Asia-Pacific region will overtake North America as the largest advertising market “soon after 2014,” according to a report.

Increased consumer spending in China and India helped Asia-Pacific fare better in the economic slowdown than the rest of the world. Companies worldwide have been boosting spending after cuts during the economic slowdown and designating more of their budgets to digital media and emerging markets.

The report predicts Asia-Pacific ad spending will reach $173.2 billion in 2014.

Total global online ad spending will rise 12 percent to $62 billion this year, eMarketer said. By 2014, online will account for 17 percent of total media spending.

Bloomberg

Worldwide Mobile Operating System Market Share

Via Business Insider

Burger King Agrees to $4 Billion Bid From 3G Capital - Bloomberg

Burger King Holdings Inc. agreed to be acquired by 3G Capital in a deal valued at $4 billion including debt, giving the New York investment firm control over the second-largest U.S. hamburger chain.

Bloomberg

More at The New York Times

Burger King Is in Talks Over Possible Sale

Burger King Holdings Inc. has been in talks with potential buyers in recent weeks about a possible sale of the second-largest hamburger chain, people familiar with the matter said.

...

Burger King has been a public company since 2006, but it already has passed through the hands of buyout firms. In 2002 a group led by TPG Capital LLC, Bain Capital LLC and Goldman Sachs Capital Partners bought the company for about $1.5 billion from Diageo PLC. They still own 32% of Burger King, and have significant representation on the company's board.

...

Today Burger King has a market capitalization of about $2.26 billion, and operates more than 12,000 restaurants around the world in more than 75 countries. 

Via: The Wall Street Journal 

More:
The Economist
Bloomberg