August 2012
An officer of the Department of Corporations asked Systrom how Instagram made money.
“That’s a great question,” said Systrom. “We do not.”
Instagram had considered various means of making money but “nothing came of it,” Systrom explained.
” —Business Insider: Instagram’s Financial Report: No Revenues, $2.7 Million In Losses, $5 Million In The Bank (via iamdanw)“I’d love to do something like put a piece of moon rock on Mars and a piece of Mars on the moon, a sort of reverse archaeology,” she said while in San Francisco recently to install her two-work show at Yerba Buena Center for the Arts. No land artist or found-object sculptor has thought this big before. And, in Texas eight years ago on an artist’s residency, Parker got as far as interesting NASA in her proposal to send a meteor back into space.
“They seemed very enthusiastic,” she said, “but I think they had a lot of political problems around that time, there was all this anti-NASA stuff. Then I got back to London, and tried to do it long-distance, and it was much harder. And there was all this talk about why are we spending American tax dollars supporting a British artist. It got a lot more problematic. So I thought about approaching the Russians.” A ripple of laughter announced that that move never got beyond the thinking stage.” —Kenneth Baker quoting artist Cornelia Parker in Parker doesn’t stop with lightning and fire — she’s even eyed outer space, from the SF Chronicle in December 2005.
Feargas O’Sullivan: Why I Moved Back to the Suburbs for The Atlantic Cities.
He’s got a point. It’s getting increasingly hard to spot the difference between Shoreditch, the Mission, and Williamsburg.
The practice of purchasing Twitter followers is not only causing controversy for Real Housewives and presidential candidates. In Saudi Arabia, a senior cleric has condemned the practice as “dishonest and mendacious”, following a revelation that several high-profile Saudis were buying “phantom followers”.
While we mock the surfeit of fatwas emanating from the Saudi clergy – tackling everything from personal grooming to Mickey Mouse – this one seemed to genuinely hit the nail on the head. Prior to his pronouncement, the manager of a Saudi marketing company had told the press that it had sold “bundles” of Twitter followers, Facebook fans and YouTube “likes” to “sportsmen, businessmen, poets and clerics”, but preferred not to name names. Soon after this revelation, Sheikh Abdullah declared that not only was buying Twitter followers really sad, it was also sinful and dishonest.
The term “fatwa” may conjure up images of death sentences and men demonstrating with effigies on spikes, but at its most prosaic, a fatwa is merely a religious opinion that deems something to be unacceptable – the Sheikh simply issued a sobering condemnation of online behaviour and the excesses of social networking.
” —Nesrine Malik: A Twitter fatwa may seem odd, but it’s a sign of our times in the Guardian’s comment section (via new-aesthetic).