kidmercury

Meme of the week. OpenSocial stole the spotlight, and rightfully so. Lots of great commentary on this; check out our section on OpenSocial for the goods. This is so promising; for once I feel the hype is worth it. Haters will hate, but if this is done properly, it will create tons of value for everyone (even haters).

Meme #2 of the week. MSFT and Facebook do a deal. It will be interesting to compare the success of this versus the success of OpenSocial (which some are already doing).

Post of the Week. Marc Andreessen drops the Truth about OpenSocial on all ya'll. A good explanation of what it's about.

Blog Showdown of the Week. Umair Haque hates on inflated valuations -- and calls out A-list tech bloggers, including Read/Write Web. Richard MacManus, the man behind Read/Write Web, shoots back in the comments, demanding Haque back up his trash talk with facts and insight -- not just unsubstantiated hate. Haque has yet to respond.....to be continued?

WTF is Going on at Kid Mercury's Blog? Last week's goal was reached, and the virtual currency system was installed here in Kid Mercury's World (although is not really integrated into the experience of the site). We're in the midst of a complete overhaul of the site, as a virtual currency allows the site to be turned into a game, or a virtual world. This overhaul is being done live, and since it's still in progress, the site as a whole might not make sense now, and the user experience will be somewhat f'd up. Sorry about that, although I hope you find watching the transformation of the site into a game to be interesting. It's a pretty big overhaul, so it might take me a couple of weeks. I'll be blogging about it more.

Economy. EURUSD continues to reach new highs, now over 1.4500, thanks in part to the rate cut by the Federal Reserve this week. As we've discussed since the beginning of the year, this decline is expected to continue well into next year, and will cause inflation (i.e. rising prices). Here's a short article by Ron Paul that drops the Truth about the Fed's rate cut.

Your infomediary,

Kid Mercury