Sriram Krishnan™ Live

According to Business Week, Rupert Murdoch is one step closer in acquiring Dow Jones, the parent company of the Wall Street Journal. He is willing to pay USD5 billion for the controlling stake. The most important question would be whether the journal will stay independent under Rupert’s control.

Online social networking meets media editing in Jaycut. Guys, there might be some element of bias in this post because, well, I know the guys at Jaycut and they’re cool.

Just spoke to Jonas from the Jaycut team and I was told that the service will be available for public viewing later this week. This is good news because their service has been getting alot of attention after their participation in the Venture Challenge in San Diego and at Hej! 2007.

Unfortunately, one will have to be invited by one of the current users to create an account, which I think is good thing because it will assist scalability.

I checked out the service and first impressions are simple and easy to use. It’s collaborative by nature and you can edit any sort of media you want. They’re doing a fantastic job so far. They just got featured as Europe’s Young Entrepreneurs 2007 at Business Week. They look all set for a very big sell out in the future.

Below, I have embedded an introductory video on using Jaycut. It’s funny because Jonas was unaware of it being publicly available when I showed it to him. Neways, that’s him in the video. It’s in Swedish btw. So is their blog.

Sorosh Tavakoli has something very interesting lined up in his sleeve. Check out his blog about the future of the TV and his revolution.

Just recently, Sorosh, conducted a study on Moving Pictures.

“How can you convert parts of your business into new streams of profit?”

Bjorn Jeffery recently spoke about this at Stanford’s Innovation Journalism Conference few days ago. He uploaded his presentation called New Media Alchemy and it’s highly a recommended read.

The founders of Twingly, the service that connects blogs with mainstream media articles, are in the midst of talking to various parties for the financing of their company, Primelabs. Martin and Bjorn from the Linköping based company said that they’re in a good position during discussions and negotiations regarding potential investment from various venture caps.

Hans Kullin speaks more about Twingly here.

I am quite intrigued to see that many people I have spoken to recently speak in great lengths about the future of blogging and user generated content (Yes, I said it) for personalised and targeted marketing.

One person I met last week was interested in extracting personality traits from blog posts. Couple of people I met yesterday spoke about how citizen journalism can have serious impact on company marketing strategies. My friend, Peter, a PHD candidate in linguistics mathematics and comp. science (do they really have majors like this these days?) told me that it’s very easy to analyse articles with given set of linguistic parameters and come up with personality traits, writing styles and so on.

The recent partnership between PR Newswire and Umbria Team sums up everything I guess. So, moral of the story, head to your nearest comp. science linguist and ask him to teach you how to start analysing the Japanese or Swedish or Spanish or Portuguese languages. Forget the English language, it’s too saturated.