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If you've been wondering what's next on the Net front for the Chinese government, here's something to talk about (via Xinhua):
The Chinese government announced Wednesday the setting up of an office to manage Internet information in a statement of the State Council General Office.
The department, known as the State Internet Information Office, will direct, coordinate and supervise online content management and handle administrative approval of businesses related to online news reporting, it said.
First thing that pops into my mind is that folks high up on the food chain decided that online content should be regulated the same way. In other words, it doesn't matter whether the content varies by format or if the companies involved are in different business sectors. The key is that the content is online.
So who gets caught up in this? In addition to portal/news sites, it will apply to video file sharing and gaming sites as well as ISPs. Not mentioned specifically in the Xinhua article are music sites and social media, although I presume these will also be under the new authority.
Note that this is not just a new type of censorship authority. We're not just talking about a group of folks who will screen information. They will also have some sort of enforcement authority on the corporate side, the details of which probably won't be available for a while.
That being said, it is all about content. Take a look at the folks who will run the new group, and you'll see what's driving this:
Director of the State Council’s Information Office Wang Chen was appointed director of the State Internet Information Office.
Vice director of the State Council’s Information Office Qian Xiaoqian was appointed vice director of the State Internet Information Office.
Vice Minister of Industry and Information Technology Xi Guohua, and Vice Minister of Public Security Zhang Xinfeng were concurrently appointed vice directors of the State Internet Information Office.
So the new Director and Vice Director are both coming from the State Council Information Office. Two other Vice Directors are from MIIT and PSB.
It will be interesting to see what these guys are really going to do and what the turf battles between this new SIIO and other agencies, including MIIT, PSB, SARFT, MOC, and maybe even MOFCOM and SAIC, will look like. Will the SIIO have the authority to bigfoot these other players, or will this devolve into the usual administrative battles, like the ones that MOC, MIIT and SARFT have been fighting in the online game sector?
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Source: http://blogs.forbes.com/greatspeculations/2011/05/03/dont-pay-a-penny-more-than-12-88-for-mgm/
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Some analysts are still bullish on Research In Motion, despite its generally bad metrics and an earnings warning last week.
The company held an investors' day yesterday, and Citi analysts Jim Suwa and Kevin Dennean report surprisingly good attendance despite last week's bad news.
They rate the stock a high-risk long-term buy with a target price of $80, and cite several reasons:
IDC analyst Al Hilwa is also positive on RIM. He cites Microsoft CEO Steve Ballmer's appearance at BlackBerry World this morning to announce that Bing would become the default search engine at the OS level on all BlackBerry devices. He noted that "the mobile wars will bring strange bedfellows together," and wonders if an acquisition might make sense.
Microsoft and RIM have made big partnership announcements before -- in March Microsoft began offering free BlackBerry sync to its cloud email service, and back in 2008 the companies announced what seemed like a big deal to bring Windows Live and Hotmail to the BlackBerry.
Hilwa also notes that RIM has important partnerships with Adobe, which allows developers to use Flash to build PlayBook apps, and IBM, which is supporting the PlayBook as a front-end to corporate software systems like Lotus.
Finally, Hilwa acknowledges that RIM rushed the PlayBook to market because it mistakenly assumed there would be a successful tablet market outside the iPad. As it turns out, there isn't. But he expects the updates to the PlayBook over the next three months, including the introduction of a 3G version, to make it much more competitive.
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