Tag Archives: money

Tech Business News

Intel and Microsoft are cutting jobs after their financials came out worse than expected.  AMD, according to the Intel article, is planning to cut 9% of its workforce.  Apple, however, beat analysts expectations and posted a net income gain of almost 2% compared with last year.  Apple’s rise, however, may be short-lived, since Steve Jobs is having health issues.

This hits very close to home since Intel has several major plants in the Portland area, and Microsoft is only three hours away in Redmond, WA.  Portland’s unemployment rate is already over 9%, and this closure is only going to make things worse.

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Words N' Sales

We’ve got lots of writers on bigWOWO, and the big question for those who follow the publishing industry is this: where’s the money?  I’ve blogged about it here and here, and now I’m going to blog on it again. This time, we’re going to talk about the distribution methods.

Regular everyday people who sell their used books online, through Amazon and other channels, are transforming the industry, according to this new NY Times article.  Apparently their actions are wreaking havoc on publishers and writers.  Instead of buying new books, people are buying used books from other individuals.  More used books equal fewer new books which means less money for publishers and writers.

Posted in Writing | Tagged , , | 12 Comments

Depression 2009

(Greg Klee/Globe Staff Illustration, Boston Globe)

(Greg Klee/Globe Staff Illustration, Boston Globe)

Don’t know what the rest of you are experiencing, but the economy here is bad, and in my industry, it’s been very bad for a very long time. The horror stories that our grandparents told us about growing up poor are becoming a reality for many Americans, and I’ve met lots of people who are in basic survival mode–shopping at Walmart, eliminating vacations, avoiding restaurants, and holding on to whatever pennies they earn. The economy is bad, and it’s most likely going to be bad for a very long time.

Posted in Features, history, News | Tagged , , | 2 Comments

Cash Rolls in for YouTubers

People in the Asian American blogosphere always talk about blogging and Youtube because both have enabled us to get the word out.  Some of the top YouTube acts, including NigaHiga and David Choi, are Asian American, and the web has cut the cost of both production and distribution.  Back in the day, it was simply too expensive to create videos or publish writing.  Now both are either free or almost free.

Still, the question remains: how can one make money on the web?  Though some of us jump to the professional level, most of us are just hobbyists.  How does one enter the professional ranks?

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