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How's It Going So Far? 11 July 2001 Edition
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The world's newswires are abuzz this morning with the latest rankings released by the United Nations in which countries are ranked by a number of criteria.

A while back we saw NZ tumble down the list of great places and vibrant economies (as ranked by the OECD) to sit somewhere next to turkey and some third-world countries -- so how are we doing now?

Well, in terms of our performance in the knowledge economy we're 15th -- miles behind the leaders which are Finland, the USA, Sweden and Japan. No surprise?

But, if our politicians are to be believed, that can be forgiven because NZ is such a nice place to live -- right?

Well maybe not if the UN report is anything to go by.

We're now ranked 19th -- one place ahead of Italy and again, well behind the leaders Norway, Australia and Canada.

Well to be quite frank, I'm siding with Paul Swain -- I don't believe these reports are at all accurate.

For instance, how can it be that Israel has been ranked 18th in terms of aspects of its technology use -- three places behind us? And why is Ireland way down at number 13, just two places ahead of us?

There are two articles online today that you should read which relate to this subject. One by The NZ Herald and the other by The Register.

Only Better Mousetraps Are Worthwhile
There's more fallout this week on the demise of "Yippee" -- the local shareware repository that soaked up well over a million dollars of funding before crumbling into a heap after the dot-com implosion.

According to reports, that $1 million was spent on building the company's website -- uh???

What's more, the company also received help from HP which supposedly made it "Eligible for up to $3.6 million worth of free computer equipment."

What were these guys thinking?

How on earth can you spend a million dollars on a website designed to provide access to just a few thousand shareware titles?

Readers Say
(updated hourly)
From Yesterday...

  • Intellectual oxymoron... - Brian
  • Bad Analogy... - Nigel
  • Have Your Say

    More importantly -- why would you want to go out and re-invent the wheel in a manner which appeared to offer no benefits over the service offered by market leaders like Tucows?

    Before anyone launches into an online business -- please stop and consider the basics.

    • What are you doing that makes YOUR offering sufficiently better than your competition that people will swap or choose you?
    • Where is your revenue going to come from?
    • Are you spending your valuable capital wisely and watching your pennies?

    Hell, I'm no Bill Gates or Richard Branson but even I know this much.

    However, Yippee were not the only local wannabes who were stupid enough to simply copy someone else's business model without offering any "killer benefit" to users -- anyone remember Flying Pig? Haven't they gone awfully quiet recently?

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    Security Alerts
    Solaris bug gives hackers free rein (ZDNet - 22/06/2001)

    Microsoft Admits Another 'Serious Vunerability' In IIS 7amNews - 19/06/2001)

    Trojan horse targets Word users (CNet - 14/06/2001t)

    Microsoft Patches Yet Another IIS Security Hole (NewsBytes - 15/05/2001)

    Virus Alerts
    Worm: New 'Homepage' virus rated X (ZDNet - 10/05/2001)

    New virus hits both Windows and Linux (Fairfax - 28/03/2001)

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    The Day's Top News
    Open in New Window = open in new window
    New Zealand

    Open in New Window New Zealand trailing in world e-commerce race
    An Australian study has added weight to claims that Government regulation is holding back the development of electronic business in New Zealand...
    NZ Herald

    Open in New Window Creditors of Yippee brandish sale deal
    Restaurant cum media group Wilson Neill may be forced to honour a month-old deal to buy internet company Yippee, now virtually worthless, for $2.7 million...
    NZ Herald


    Open in New Window Windows XP activation technology revealed
    A German company reveals details on the inner workings of Microsoft's controversial product-activation technology, ultimately supporting Microsoft...

    Open in New Window Amazon pulls preorder plug on Windows XP
    Online shoppers looking to place advance orders for Microsoft's operating system are out of luck, as the product listing disappears from the e-tail site...

    Open in New Window So what's the best country in the world for IT?
    A new report by the UN has ranked the top 20 countries in the world for both technology and comfort of living. At there are some shock entries...
    The Register

    Open in New Window Smoking Mad Over Pot Virus
    An otherwise harmless virus advocating the legalization of marijuana is alienating potential allies -- potheads who download the weed thinking wrongly that it's part of a popular rasta shoot-'em-up game...

    Open in New Window Study: U.S. Loves, Fears Net
    A new study by a U.S. non-profit concludes that most people support greater regulation of the Internet, along with taxes on online transactions. But they want government to have a limited role on the Web...


    Open in New Window Gov "cybersquatting" claim taken to town
    An Australian domain name operator has slammed the government's move to wipe out commercial interests in geographical domain names...
    Australian IT

    Open in New Window ISPs unsure about email advertising
    Internet Service Providers have responded with hesitance to a proposed new revenue stream the derivative of intercepting subscriber emails with advertising, saying they want to put what the customer wants first...


    Open in New Window Napster: End of the Peer-to-Peer Road?
    As Napster remains silent during a voluntary shutdown stretching into its second week, analysts and fans of the once-popular song-swapping service hold a vigil and look to the future...

    Open in New Window Europe holds key vote on spam tomorrow
    The future of unsolicited commercial email in Europe could be decided in Brussels tomorrow as a key committee sits down to debate the issue...
    The Register

    Open in New Window Gold Seeks Role As Currency of E-Commerce
    World markets need a digital currency that is independent of national economies, and gold is already showing it fits that bill, a dot.com firm based on the Caribbean island of Nevis says....

    Open in New Window Pressplay, Microsoft Near Distribution Deal-Sources
    In a move to boost its potential audience, Pressplay -- a joint venture between music giants Vivendi Universal and Sony Corp. -- is near a deal to offer its online music subscription service on Microsoft Corp.'s MSN network, sources close to the talks said on Tuesday...

    Open in New Window DoubleClick woes linger
    Internet advertising company DoubleClick Inc. is set to report a wider second-quarter loss Tuesday as the advertising market continues to suffer through a slowdown in the U.S...

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