Chinese Online Game Developer The9 Invests $20M In Red 5 Studios

red5 Chinese Online Game Developer The9 Invests $20M In Red 5 StudiosThe9, an online game developer and operator in China, has acquired a majority interest in US-based Red 5 Studios for a total of approximately $20 million.

With the move, the Chinese online gaming company says it is beginning to shape its global strategy. For Red 5, the additional capital means more means and potential users for the game(s) that they’re currently developing and extra resources to effectively turn the company into a multi-game studio.

The9 Limited is a relatively unknown, publicly listed online game company located in Shanghai, China, whose business is primarily focused on developing and operating games for the Web. The9 directly, or through affiliates, operates licensed MMORPGs and casual games including Soul of The Ultimate Nation, EA SPORTS FIFA Online 2 and Atlantica, as well as its proprietary games World of Fighter and Jiu Zhou Zhan Ji, in mainland China (with more in development). The company has also obtained exclusive licenses to operate other games in mainland China, including Audition 2 and Kingdom Heroes 2 Online.

Red 5 Studios is an online game developer located in California, formed in 2006 by former executives and developers from Blizzard Entertainment.

The pitch from its corporate website is quite intriguing:

We believe that the future of games lies in connecting millions of gamers together into shared, epic, and fantastic experiences. These online communities, these tribes, are what make online gaming a richer and deeper experience than any standalone game.

We imagine bold new worlds for our players to inhabit, explore and adventure within. Original story, art, sound and code meld together into powerful and wonderful new ways… creating not just games, but worlds for players to live out their heroic alter egos.

We always ask ourselves “what’s next?” We want to transform gaming through our online technologies. We ask ourselves “what we would create in a future where bandwidth was free, where players had unlimited storage, and our games were powered by supercomputers?” We want to create the answers, one game at a time.

Will be interesting to see what this investment and alliance will lead to for both companies.

Information provided by CrunchBase

 Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios

 Chinese Online Game Developer The9 Invests $20M In Red 5 Studios
 Chinese Online Game Developer The9 Invests $20M In Red 5 Studios

 Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios  Chinese Online Game Developer The9 Invests $20M In Red 5 Studios

 Chinese Online Game Developer The9 Invests $20M In Red 5 Studios

 NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...

 NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...Some weeks, writing this column is easy. All it takes is for an influential person – a politician, a business person, perhaps even a fellow columnist – to say something dumb and I get to spend a thousand words or so explaining precisely why they’re wrong. The “why x is wrong about y” construction is the columnist’s best friend: it’s as old as the hills and even easier to build a house on.

Some weeks though, it’s even easier than that. Someone will say something so breathtakingly wrong – so tracheotomy-cravingly moronic – that I don’t need to explain anything. Simply quoting their words back at them is sufficient to make the point.

Step forward, Jimmy Wales.

Speaking this week at the Guardian’s Guardian Changing Media Summit, Wales – the founder of Wikipedia – uttered the following statement when asked about the future of newspapers…

“I don’t see the added value [of opinion columnists] and question whether a newspaper should be paying large sums of money for them anymore… The best of the political bloggers are easily the equal of the opinion columnists at the New York Times.”

Those words could stand alone as a monument to Wales’ wrongness – a warning for future generations on why we must never heed the advice of a man who calls himself ‘Jimbo’. But the very fact that Wales was invited to opine about the future of news at a major conference despite having no identifiable qualifications to do so compels me to elaborate. If people take his opinion on newspapers seriously enough to ask him to speak on the subject then there’s a terrifying possibility that they’ll take him seriously enough to act on his advice.

And who could blame them? Newspaper owners are terrified – destroyed by madness, starving hysterical naked – and desperately seeking any advice on how to cauterize their bottom line. The cause of their madness is, of course, the Internet and so it’s logical – after a fashion – that they should turn to Wales for answers. After all, he’s The Man From The Internet: surely he has all the answers?

Yeeeeah. Not so much.

For the benefit of those poor befuddled newspapermen, let’s take a few minutes – and a thousand words or so – to break down all the reasons why you shouldn’t listen to Jimmy Wales when he tells you how to run a newspaper.

For a start, let’s consider what Wales actually does for a living. Or rather what he doesn’t do. He doesn’t own, operate or edit a newspaper. He doesn’t employ any journalists, has never sold an advertisement and he doesn’t have a single customer who pays to read the content he relies on volunteers to produce. For those reasons, his lack of understanding of the “added value” that high profile personalities bring to newspapers is understandable – forgivable even. Or at least it would be were it not for the fact that Wikipedia uses Wales’ own high profile personality to encourage its users to donate money in order to ensure its survival.

“A message from Jimmy Wales” reads the banner at the top of Wikipedia entries during the site’s regular donation drives. These banners link to a personal appeal for support, written by Jimbo and complete with an above-the-fold photo of his face. Jimmy Wales is the first encyclopedia editor since Alain T. Britannica to build a cult of personality around the gig. Why? Because he knows that personality creates familiarity, which in turn creates loyalty, which in turn creates value. Except, apparently, when it comes to newspapers.

Which takes us to the real nub of Jimmy Wales’ wrongness. No one would argue that the newspaper industry – in print form – is screwed. Speaking at the same Guardian conference, media commentator and Murdoch fanboy Michael Wolff summed the situation up nicely when he said “Every big-city newspaper in the U.S. is either in bankruptcy or will be in bankruptcy in the foreseeable future – that’s 12 months. The newspaper industry in the U.S. is over”.

The future of news is online, but that future brings with it the total commoditisation of facts and the death of straight reporting as a way to drive reader loyalty. Newspapers aren’t just competing with other newspapers, but also with Twitter and Facebook and blogs and thousands of other channels through which facts can be disseminated. If one paper puts its news behind a pay wall, the chances are that same news will be available elsewhere for free. Even with high quality investigative reporting, if the story is big enough then someone will simply rewrite it – perfectly legally – and post it on a blog, where it will then be reblogged and retweeted and aggregated. (The aggregators themselves encourage this: Gabe Rivera told me recently that the best way for a blogger to get content on Techmeme is to paraphrase something that previously appeared behind a pay-wall).

The battle to force people to pay for general news, then, is lost. Likewise, thanks to micro-aggregators like Techmeme and macro-aggregators like Google News, the fight to maintain reader loyalty through news reporting is finished too. Sure, some people may still cling to the BBC or the New York Times out of habit, but the trend towards decentralisation – with readers choosing their news source on a story-by-story basis – is inexorable.

There remains, however, one reason to remain loyal to a single newspaper – or at least to visit that newspaper’s online edition every day. And that’s for its editorial voice: the unique tone with which a publication interprets the basic facts of a news story and helps us form an opinion on it. Which, of course, is where columnists come in.

Columnists – and other opinion-driven journalists – are the heart and soul of a news organisation: they’re what makes us tune in to Fox News (Glenn Beck, Bill O’Reilly) or MSNBC (Keith Olbermann). They’re why we buy the Wall Street Journal (Peggy Noonan) or The New York Times (Maureen Dowd). Newspapers know this of course, which is why when Murdoch desperately (and misguidedly) wanted to protect hard-copy sales of his flagship UK tabloid, The Sun, he removed his big name columnists from the web and confined them to print.

Wales may claim that the best political bloggers are better than their mainstream rivals but he’s wrong about that too. For a start, professional columnists carry with them the weight of their entire publication. Maureen Dowd’s opinion pieces are so powerful because they are packed with insight and fact, much of which stems from the access she enjoys as an internationally recognised columnist. The vast majority of independent political bloggers can only dream of that kind of access and are instead forced to rely on second-hand reporting for the basis of their writing. But even if a political blogger does manage to deliver the goods, it’s only a matter of time before they’re snapped up by the mainstream media. I don’t care what crap they spout while they’re struggling to make it, every political blogger in the world would kill their own puppy to write for a nationally – or internationally – recognised publication. The first thing Nate Silver did when FiveThirtyEight went stellar? Take a gig at the New Republic.

This symbiosis – columnistists clamouring to write for newspapers, and newspapers needing great columnists to define their voice – is where the real key to the survival of newspapers lies. Rival papers, and bloggers and Twitterers may summarise and rewrite your news scoops, depriving you or readers, but they can’t do the same with your columnists. Personality is simply not reproducible – there’s only one Maureen Dowd and there will only ever be one Glenn Beck (inshallah) so if readers want to hear what they have to say, they have to go to the source. Moreover, while news ages rapidly, opinion doesn’t. A story published online by the New York Times is dated the moment it appears and people begin tweeting out the key facts, but a well-crafted opinion column has an infinite shelf life.

For all of these reasons, only the most imbecilicly terrified newspaper editor would heed Jimmy Wales’ advice and fire their most valuable assets. For all the others, there’s actually a compelling argument to do precisely the opposite. It’s comment and opinion, not news, that really adds value to newspapers in the Internet age – and as such the really smart editors will get rid of all their costly reporters and use the money instead to fill their pages with nothing but highly paid opinion columnists. Only then can newspapers be assured of their survival.

I know it sounds scary, newspaper owners, but you’ll just have to trust me on this one. After all, I’m The Man From The Internet and I have all the answers.

 NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...

 NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...
 NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...

 NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...  NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...

 NSFW: Jimmy Wales Wants Me Dead (The Neutrality Of This Article Is...

nh Yahoo Answers Gets A Much Needed Facelift
Back in October, Yahoo revealed that Yahoo Answers sees 30 million questions and answers per month, with users contributing 2.4 questions and answers per second. Although Yahoo Answers sees a significant amount of traffic, its design and layout has been outdated. Now Yahoo is rolling out a much-need upgrade and redesign to Answers, which will be implemented over the next few days.

Navigation: The homepage’s navigation bar has four new tabs: Home, Browse Categories, My Activity, and About. Each of the tabs stays on every page you visit in Yahoo Answers. “Home” brings you to the homepage which includes a rotating Best of Answers feature, the link to the Answers Blog and more. “My activity” lets you access your Answers profile, and view your activity on the site. “About” features the Community Guidelines, answers leaderboard, Suggestion Board, and links to the Answers blog.

Browse Categories: Yahoo has redesigned the feature to browse answers by categories. On the previous version of the Answers homepage, all of the categories were displayed on the left hand column, which Yahoo says took up prime landscape on the homepage. Now, Categories is featured in a navigation tab within a hide-away menu. So you can always see the categories on any page via the drop down feature of the “Browse Categories” tab. And you can also lick on the tab j to be taken to the “All Categories” page. From this page, you can access all the questions that are open, resolved or in voting on the site.

bc Yahoo Answers Gets A Much Needed Facelift

Aesthetics: Yahoo has slightly changed the background color of the Answers page; toning down the green and replacing the white background with a light blue palate. Even the smiley icons have received a facelift. With the removal of the categories section, the homepage is a bit more cluttered and roomier. Yahoo says that the backend of the site has been fixed to eliminate a few bugs. Answer category leaderboards will now be updated on a daily basis instead of weekly.

While Yahoo Answers is still one of the leaders in the Q&A space, the site is now facing competition from startups who are innovating in the space, including Flickr co-founder Caterina Fake’s Hunch.

Information provided by CrunchBase

 Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift

 Yahoo Answers Gets A Much Needed Facelift
 Yahoo Answers Gets A Much Needed Facelift

 Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift  Yahoo Answers Gets A Much Needed Facelift

 Yahoo Answers Gets A Much Needed Facelift

smiling students Piazzza Gives Classmates An Online Forum To Trade Their KnowledgeAh, the college library photo. Look through any school’s brochure, and there’s a good chance you’ll see photos of an ethnically diverse group of students pouring over the same math problem together, all of of them inexplicably grinning ear to ear. It’s a nice thought, but unfortunately it doesn’t happen all that often — instead, many students wind up studying alone, and when they can’t figure something out, they’re out of luck. Now, entrepreneur Pooja Nath is looking to turn this kind of group learning into a reality for more students (at least online) with her startup Piazzza.

Piazzza is still in a private beta and has quite a ways to go before public launch, but we got a sneak peek at its current progress. The site is designed to help classmates share their questions and answers in a format that’s a bit like a mixture between a wiki and a forum. Each class gets its own hub for Q&A, and students can bookmark any questions if they’re also eager to find out the answer. Multiple students can contribute to each answer in a wiki style but there’s a version history that shows what each student wrote.

Students are free to independently create Piazzza hubs for their classes, but I suspect the site will get more traction if it gets professors to sign up. When a professor joins Piazzza, their answers are separated from the students’ to make them easier to find. And professors can also look to see which questions have been bookmarked by the most students to gauge which topics they should explain better in class. So far Piazzza has opened to around 600 students across 9 classes, and plans to open to around 50 classes in a few months. Initial response from professors has been quite positive. And I liked what I saw from the service, though I think it needs to build out some technology that would make it harder to reproduce. I also think that Piazzza will really need to get a large number of professors using the service, which will be difficult.

Nath says that Piazzza was inspired by her own personal experience. As a student studying computer science at India’s prestigious IIT Kanpur, she found herself to be one of only three female students in a class of fifty. She says she was a bit shy and never really got to know many of her classmates, so when it came time to study, she didn’t get to bounce ideas off her peers. After working at Oracle, Kosmix, and Facebook, she’s now a Stanford MBA student.

Information provided by CrunchBase

 Piazzza Gives Classmates An Online Forum To Trade Their Knowledge
 Piazzza Gives Classmates An Online Forum To Trade Their Knowledge

 Piazzza Gives Classmates An Online Forum To Trade Their Knowledge  Piazzza Gives Classmates An Online Forum To Trade Their Knowledge  Piazzza Gives Classmates An Online Forum To Trade Their Knowledge  Piazzza Gives Classmates An Online Forum To Trade Their Knowledge  Piazzza Gives Classmates An Online Forum To Trade Their Knowledge

 Piazzza Gives Classmates An Online Forum To Trade Their Knowledge