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  • WSJ: New Currencies Changing the Way (Some) People Do Business

    The dollar has now reached its lowest value against the Euro since last September, and the Libor is down to a record low of 0.30 percent (see Bloomberg's coverage here ). The impact of this move doesn't seem to be too great at the moment, but any shift for the dollar will surely affect currencies pegged to the greenback...like Ven . Ven is the currency of choice for a growing (though still very small) number of people who are using peer-to-peer curencies. Ven bills itself as a "social currency." It was once a currency used on the Internet, but broke free of the virtual world and into the real one two years ago. And the Wall Street Journal's Andy Jordan reports that it is just one of several new efforts to create peer-to-peer currencies. Here's his story: Does this sound like a breaktrhough or a rmodern day form of mercantilism? Whether you think these curencies are a tiny fad, and reject the title of Jordan's report-- "The Coming Currency Revolution" --they might provide interesting case studies of how business relationships might be shifting in the digital era.
  • Arianna Huffington on the 'Linked Economy' and the Future of News Media

    While you may have no trouble finding something to argue with on the Huffington Post , you can't argue that Arianna Huffington hasn't built a strong online brand. With the growth of her site, she has a seat at the table with old media's big boys. And she says the future of the news media business will be about free access and "the linked econonomy." Here she is speaking with Jon Friedman of the Wall Street Journal , one powerful media player that is taking a very different approach and will be pushing people to pay for more of its content online :