Internet belongs to the rich
Posted by sprocketA rewarding paragraph:
The average household income of Internet users is almost 60 percent higher than that of non-Internet users, at US$70,000 per annum. If the average household income of Internet users is grossed to the total number of Internet users in the region measured by the Synovate PAX Survey, this amounts to US$351 billion and places Internet users in the top 25 countries in terms of GDP.
Naturally, with higher incomes, Internet users have higher purchasing power, making them ideal targets for luxury goods and services. As shown in the chart below, Internet users are generally twice as likely to own luxury goods (such as LCD/plasma TVs and designer clothes) and prefer premium services (such as First and Business class travel).
But most of the Hong Kong people I know don't have this kind of money, and they always use the Internet.
Young people will revolutionize working: Not in Asia, though, buddy!
Posted by sprocketThe Financial Times has a great section in today's print edition of Digital Business about how the youth of today are set to change the way we do business.
Key highlights of the article touch on an earlier post about how technology destroys children. It doesn't, I conclude.
Read more »
Abusive hacking at the South China Morning Post Web site?
Posted by sprocketApparently, viewers are forced to view a site selling MP3 downloads, which I won't link to for obvious reasons, let alone the annoyance of it all.
I tried three times, but every single time I got this downloading thing instead of SCMP's article. I wanna know what was wrong, writes Vivian.
I can confirm that when users click on a link to a story about Pope Benedict's row with the Muslims of the world, they are confronted with what appears to be a racially derogatory Web site for MP3s, which uses an offensive term for people from Pakistan as its title.
Can anyone else confirm this? I will try to get an answer from SCMP.
SCMP viewing requires a subscription.
More blog for your buck
Posted by sprocket
The Editor's Weblog, run by the pretty youthful John Burke, reports that newspapers who have heeded the clarion call signaling diminishing print sales and circulation, will be moving over to a pay model, possibly similar to the The New York Times model.
But the part about the article I liked came at the end--it always does!
Read more »
Additionally, Geffs is quoted as predicting that television networks will become more valuable as they learn to leverage the Web to distribute and monetize their video content online, and that financial analysts at brokerage firms are likely to become the first highly paid bloggers (via a subscription model) if they are able to break news in specific sectors that could be valuable to investors.
Google China president says 'never any limit' on new hires
Posted by sprocketAvoiding anything specific about the financial or business side of Google to the press, Dr Lee invited a couple of reporters to Beijing to see the product research and development center operations there.
Last night, Dr Kai-fu Lee, the former vice president of Interactive Services at Microsoft, gave a talk to the University of Hong Kong students.
Read more »
Sponsored links
The new Citi DIVIDEND World MasterCard
Get up to 5% cash back for every dollar charged to your card.
Win an ASUS UL Series Notebook!
Answer 3 simple questions and stand a chance to win an ASUS UL80Vt notebook worth over $1500!
Crack the code
Crack the code with Western Digital and stand to win the new PS3 (slim gaming console).
Just right. Nothing more.
The VAIO X Series. It’s everything you desire and nothing you don’t.
Make Your Brand Sing Out!
The Music Matters Advertising Forum in association with Media, Singapore, Dec 8
Samsung Camera, Two LCDs.
Twice the fun of any camera. Dual LCD makes it easy.
CNET Asia is now on Facebook!
Be part of the most happening tech community in Asia on Facebook
CNET Asia TV
Watch gadget reviews, quick tips, movie trailers and more for FREE.

