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New Piracy Loss Estimate 480

An anonymous reader writes "WSJ reports on a new MPAA estimate losses due to piracy. "The study, by LEK Consulting LLC, was completed last year, and people familiar with it say it reached a startling conclusion: U.S. movie studios are losing about $6.1 billion annually in global wholesale revenue to piracy, about 75% more than previous estimated losses of $3.5 billion in hard goods. On top of that, losses are coming not only from lost ticket sales, but from DVD sales that have been Hollywood's cash cow in recent years."

The State of Web 2.0, The Future of Web Software 216

SphereOfInfluence writes "Despite some disdain for the term Web 2.0, the underlying ideas seem to be genuinely taking off from the seed of successful techniques of the first generation of the Web. Here's an in-depth review of the future of Web 2.0 and online software from Web 2.0 proponent, Dion Hinchcliffe. Like or hate the term, the actual ideas in Web 2.0 are turning out to not only usable but a growing cadre of companies are actively being successful with them. This includes the Ajax phenomenon being actively pursued by Microsoft and Google, widespread social software, and massive online communities like MySpace. These trends are all leading to predictions on the ultimate fallout of these changes, something increasingly called social computing. "

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