Filed under nextNY, social media, venture capital, web development by dan leslie | 0 comments
Like the flying car, teleportation, and artificial intelligence, the concept of micropayments has been espoused for years by some futurists — and many crackpots — as not just a good idea but something that will do nothing less than transform society. Others have been less than thrilled with the idea. But what has happened over the last 10 years or so since real investments were made (and almost without exception, lost) on the concept is startling. Micropayments are fast becoming a part of the fabric of the commercial internet, although in very practical context and mostly due to two companies - Apple and Amazon - who are competing for the future of digital music sales.
The comic artist Scott McCloud made a name for himself during the early 2000’s with unique and visually compelling arguments in his own web comic form for why micropayments were the future of at least one type of digital content: web comics, drawing the ire of everyone from Clay Shirky to Tycho of Penny Arcade (many original links of what became one of the web’s legendary flame wars are dead but see Wired’s coverage of McCloud from 2001 here). Micropayments - a simple and innovative idea in principle if not in practice - has been one of the [...]
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Filed under cloud computing by dan leslie | 0 comments
At sometime just before 12PM EDT the Amazon Simple Storage Service (or “S3″ for short) began to fail, causing major disruptions among applications that rely on the service for cheap and virtually unlimited storage. Amazon’s string of status updates throughout the day barely masks the complete-meltdown nature of the incident. Five hours later the service was restored.
For the uninitiated, S3 is a central part of Amazon’s family of service-based solutions and has been regarded as one of the most useful and reliable of the bunch. In short: it means that developers can offload storage of large or oft-requested files to a trusted third party without having to worry about costly bandwidth, hardware, and sys admins, and far more cheaply than content delivery networks (”CDN’s”) like Akamai. While Amazon charges based on usage of the service, stories abound with companies that save hundreds or thousands of dollars a month by shifting storage to S3.
Analysts have largely responded positively to the service, which originally grew out of Amazon’s internal infrastructure efforts and has come to symbolize the company as a major player in the emerging software-as-a-service landscape of so-called “utility computing.”
What’s noteworthy about this event is twofold: 1) the [...]
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