Links and Reading for October 1st
October 1, 2011 6:00 pm
Some of the more interesting and important items for October 1st :
- Delicious Responds to Longtime Users Angry About Its Redesign – Liz Gannes – Social – AllThingsD – The social bookmarking service Delicious, now owned by YouTube co-founders Chad Hurley and Steve Chen’s AVOS, this week relaunched with some new features — and according to its existing users, too few of the old ones. And they seem to have pretty good cause for complaint.
- Are Zynga’s Second-Quarter Results Anything to Worry About? – Tricia Duryee – Commerce – AllThingsD – In the second quarter, Zynga said its “bookings,” which are sales recorded during the same three-month period, dipped 4 percent. Additionally, it said three million fewer people played their games on a daily basis than in the previous quarter.
- Here’s to Simpler Times – Barrons.com – Remember those simpler times in the markets, a couple of weeks or a month ago, when investors' sole day-to-day focus was on whether the officials of 17 European Union nations could begin speaking the common language of steroidal money-printing to bandage a gaping wound in the banking system?
- Stocks dive for worst quarter since crisis – NewsWatch – MarketWatch – European stock markets drop sharply, leaving the main European index with a quarterly loss of 17% as banks, car makers and luxury-goods companies all fall. See full story.
- Bond fund investors waltz to Fed’s Twist – Weekend Investor – MarketWatch – CHICAGO (MarketWatch) — It was a history-making third quarter in financial markets, which were routinely rocked by volatile events that renewed investor demand for the relative security of bond funds.
- Gas Prices are not going down – The U.S. benchmark oil price, which is determined by trading on the New York Mercantile Exchange, or Nymex, has tumbled by almost a third since April. That raised expectations for gasoline prices to drop just as quickly at the pump.
- In Greece, Barter Networks Surge – NYTimes.com – Mr. Mavridis is a co-founder of a growing network here in Volos that uses a so-called Local Alternative Unit, or TEM in Greek, to exchange goods and services — language classes, baby-sitting, computer support, home-cooked meals — and to receive discounts at some local businesses.