- Ok, so shares are tumbling, banks are being bailed out all over the world, and you really know there's a crisis when Iceland's economy is in meltdown. (Honestly, since when did Iceland become such an important cog in the global capitalist machine?) Anyway, I digress. When things go wrong, blame needs to be apportioned. So who or what to blame? Well what about Robert Peston's blog? This post apparently caused banking shares to fall the other day and here we see just how much influence Robert Peston has. (Take note of the tiny numbers on the graph).
- Scott Rosenberg is writing a history of blogging. I'm looking forward to the publication and he talks to Mediashift about it here.
- Dr Axel Bruns, an academic based in Australia, has been to a conference on journalism. He comes to a conclusion that could easily be misattributed to Jeff Jarvis:
"Overall, though, what also struck me during the event was the very blinkered vision of many in the mainstream industry. I got the sense that there's something not unlike Stockholm syndrome at work here - the longer you work in the industry, the harder is it to imagine any other way of working than by following the routines established long ago."