26 Mar

Technologizer – Swoopo Quietly Files for Bankruptcy

The site that put the concept of pay-per-bid auctions on the map is now apparently in financial trouble, Technologizer has learned. Although the company’s front page claims “technical issues,” documents from a Munich, Germany bankruptcy court indicate its parent company — Shopping Entertainment AG — filed for bankruptcy protection on Wednesday.

The company is asking for protections from its debtors, and it has named a liquidator to start divesting its assets.

I’ve done a little bit of research across the Web and it seems as if some Swoopo users have been waiting for their items for quite a while, and the site has been down for about a week now. But at least we’re finding out why: Swoopo’s run out of gas — not at all surprising since its business model is built on the willingness of bidders to lose money on lost auctions. If you don’t win, you still paid for every bid you made.

via Technologizer – Swoopo Quietly Files for Bankruptcy. So happy to see this company fail, this was a despicable business model.

11 Dec

The Associated Press – Respected media outlets collaborate with WikiLeaks

Unlike earlier disclosures by WikiLeaks of tens of thousands of secret government military records, the group is releasing only a trickle of documents at a time from a trove of a quarter-million, and only after considering advice from five news organizations with which it chose to share all of the material.

"They are releasing the documents we selected," Le Monde’s managing editor, Sylvie Kauffmann, said in an interview at the newspaper’s Paris headquarters.

WikiLeaks turned over all of the classified U.S. State Department cables it obtained to Le Monde, El Pais in Spain, The Guardian in Britain and Der Spiegel in Germany. The Guardian shared the material with The New York Times, and the five news organizations have been working together to plan the timing of their reports.

They also have been advising WikiLeaks on which documents to release publicly and what redactions to make to those documents, Kauffmann and others involved in the arrangement said.

via The Associated Press – Respected media outlets collaborate with WikiLeaks. This is an interesting aspect to the story of Wikileaks and the document dump it’s performing.

28 Aug

NYTimes.com – German Law Would Limit Facebook’s Use in Hiring

As part of the draft of a law governing workplace privacy, the German government on Wednesday proposed placing restrictions on employers who want to use Facebook profiles when recruiting.

The bill would allow managers to search for publicly accessible information about prospective employees on the Web and to view their pages on job networking sites, like LinkedIn or Xing. But it would draw the line at purely social networking sites like Facebook, said Philipp Spauschus, a spokesman for the Interior Minister, Thomas de Maizière.

via NYTimes.com – German Law Would Limit Facebook’s Use in Hiring. I have to admit to liking this idea. It’s very reasonable, limit companies from using sites that are designed to be part of a person’s life outside of work. Although the larger question becomes what is a “purely social networking site”, does Twitter count, etc and who defines it. Overall the better result is for people to be more intelligent or more aware about what information is public.