Daily Archives: September 10, 2009

Joseph Menn

Apple has approved RealNetworks’ Rhaspsody music-streaming service for the iPhone, once again opening its doors to an iTunes competitor.

The decision announced Thursday comes a week after Apple, now the world’s top music retailer, blessed an iPhone application by music service Spotify, which for now will work only in Europe. 

Tim Bradshaw

Tech entrepreneurs are fleeing from social networks and advertising revenue streams and moving into business applications, according to Seedcamp, the start-up investor that holds its annual event in London later this month.

Seedcamp – which was founded by Index Ventures’ Saul Klein and Reshma Sohoni, formerly of 3i – has seen advertising-based business models drop from 30 per cent to 10 per cent of the 1,500 entries to its Pop Idol-style investment contest since 2007.

By contrast, marketplaces that take a fee or percentage of transactions have risen by more than 60 per cent in the last three years, while “freemium” businesses have more than doubled. Productivity and business applications have increased 90 per cent while online games have “skyrocketed”, said Ms Sohoni. 

Robin Harding

The ever-entertaining Onion is running a skit about Yamaha of Japan under the headline:

Yamaha CEO Pleased With Current Production Of Jet Skis, Alto Saxophones, Snowmobiles, Power Generators, Scooters, Golf Carts*

The Onion futher refers to Yamaha’s production of synthesizers, PA systems, DVD players, tone generators, motocross bikes, power amplifiers, heart-rate monitors, signal processors, analog mixers, engine oil, microphones, HiFi systems, grand pianos, sound chips, ceiling brackets, editing software, race-kart engines, sport boats, flugelhorns, ATVs, sequencers, outboard motors, conference systems, golf clubs, projectors, MIDI controllers, lamp cartridges, portable recorders, subwoofers, component systems, and motorcycles.

It is a bit unfair – Yamaha Corporation now owns only 15 per cent of Yamaha Motor, which makes about half of these products – but the Onion could have added unmanned helicoptors, health supplements, and swimming pools to the mix, with plenty more products left over.

What is so striking is that the US satirists thinks this broad array is funny – whereas Japan’s technology industry sees it as laudable and prudent diversification.