As Facebook introduces "frictionless" media sharing, epic Timelines for every user and continuing "engagement" land-grabs beyond, Mark Zuckerberg's dorm-room project is becoming, quite simply, the media world's black hole, and effectively devaluing the rest of the non-Facebook web in the process.

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Even as Congress considers which if any of the President's jobs measures to pass, some of his proposals are already gaining traction.

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Rough start to the week in Asia, especially the dismal Hong Kong Market.

Here's a snapshot from Bloomberg of the Hang Seng.

In addition to the US and European issues, China has really come to the fore in recent days.

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See Also:

• Pessimism Reaches Extreme Levels For U.S. Equity
• CHART OF THE DAY: Uh-Oh, Markets Are Right On Schedule For A Lehman Collapse
• Stock Markets DIVE After Early Climb

Source: http://feedproxy.google.com/~r/businessinsider/~3/C1uPHuXAKpE/hang-seng-october-3-2011-10

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'LG 3D Optimus utilises half that time to run us through shiny new technology by way of an intolerable blast of techno-babble'

Bloody hell. I need a lie down. An advert hasn't been this fast-paced since that one for the Paco Rabanne fragrance. Remember? The frighteningly dizzy, panic-inducing one with the suitably handsome model clicking his fingers and having every wish granted as a result? That was 32 seconds long. This one, for the LG 3D Optimus phone, utilises half that time to run us through shiny new technology by way of an intolerable blast of techno-babble. How much useful information can be squeezed into 16 seconds, given that this promised new and innovative handset will surely be too complicated for those of us who haven't even been able to progress to the Blackberry Pearl?

Let's see what we can learn. That having this new 3D phone will make you suave and savvy? Yes. That you, as the owner, will probably live in some sort of high-rise city or work in an "enterprise zone" which you'll be able to command upon purchase of the Optimus 3D smartphone, because your city will quite literally be in your hands, accessible at the touch of a button, etc? Yes. That the super-speedy graphics shooting across the screen in order to illuminate the phone's "dual core, dual channel, dual memory and dual architecture" don't actually really explain much at all? Yes. And ultimately, does the fine print at the end of this 16-second wonder ? which secretly imparts that the laughably out of place and neither here-nor-there animated car flying out of the phone screen as the ad finishes is a "dramatisation" ? really need to be there? No. Definitely not.

Source: http://www.guardian.co.uk/tv-and-radio/2011/oct/01/hard-sell-lg-3d-optimus-phone

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Advertising Agency: BBDO, Russia

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Follow these three steps to land a top-notch software engineer for your tech startup.

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Advertising Agency: Extreme Group, Halifax, Canada
Creative Directors: Shawn King, Anthony Taaffe
Art Director: Jeff Simpson
Copywriter: Jeff MacKay
Illustrator: Steve Pinter
Photographer: David Muir
Account Director: Kaylee Hake
Published: August 2011

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Source: http://adsoftheworld.com/media/print/downtown_halifax_wine

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It's actually very strange: The Shanghai Composite has been one of the worst performers all year, and yet it was this week that China fears really exploded into the consciousness of the market.

You could see it in the extreme behavior of the market: Copper got crushed. Chinese credit default swaps widened dramatically. Tertiary China "plays" like Tiffany's and Sotheby's, both of which have been minting a fortune selling to the growing ranks of rich Chinese got destroyed.

What caused the mass flipout? A slew things: Some weak economic data., end-of-the-quarter panic (investors dumping losers), and a big, negative report on China from BofA/ML.

What makes the shift in mentality particularly important is that China has been assumed to be one of the stable pillars of global growth, and in a sense (because people are so worried about debt in the US and Europe), and even safer play (that goes for many emerging markets, really).

So this shift should have some pretty big implications, especially if the data ultimately bears out the notion that there's a real slowdown coming.

GDP expectations are tanking.

Nearly 60% of respondents to a global poll conducted by Bloomberg foresaw growth to slow to less than 5% by 2016, with 12% of respondents thinking this slowdown will occur in the next year. 47% of respondents thought this slowdown will occur within the next two years.

That's a sharp change from the 10% annual growth China has seen since 1979, and a steep drop from the 9.5% growth it saw in Q2 this year.

This led World Bank President Robert Zoellick to remark, “China’s economic growth engine needs a tune up,” at a press conference earlier this month. “It’s hard for me to see that a continued reliance on export-led and investment-led growth will work for China over the next 10 years.”

 

Source: Bloomberg

Chinese PMI also fell this month.

HSBC's preliminary China PMI fell from 49.9 to 49.4 from August to September, suggesting a big drop-off in Chinese growth. This was also a major concern cited in a Goldman desk note circulated this morning.

Chinese stock markets have fallen off since April, with drastic losses in the last 5 years.

See the rest of the story at Business Insider

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See Also:

• Here's Why Everyone's Suddenly Freaking Out About China
• Why Sentiment Has Suddenly Shifted On The Offshore Yuan
• 10 Companies Getting CRUSHED By Rising Pension Costs

Source: http://feedproxy.google.com/~r/businessinsider/~3/XJffKhjepOI/suddenly-investors-getting-nervous-about-china-2011-10

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