links for 2010-06-12

  • Twitter dropped a bomb on real-time search proponents and social media users today in an understated, Twitter-typical “later this summer” announcement that is immensely important to the future of URL shortening and the company itself.
    The real-time platform has been routing links within Direct Messages through its own link shortening service to detect, intercept and prevent “the spread of malware, phishing, and other dangers” but they were previously wrapped with a URL. Security is helpful and all but Twitter clearly has more reasons than one to own the URL shortening space entirely.
  • One of the most-trafficked websites on the Internet is – and it has been that way for years. Never heard of them? You’re probably not alone but that won’t change the fact that they are one of the top twenty-five sites and have been that way for as long as I can remember.
    myYearbook just announced the availability of its first iPhone application, myYearbook Chatter. The core of the app is a real-time location-based stream of, you guessed it, chatter from the sites users. By taking advantage of the iPhone’s GPS capabilities, the app displays posts of members who share similar locations in its “Near Me” tab. Users also have the choice to filter Chatter streams by: everyone on myYearbook, people near to them or only their friends.
    (tags: myyearbook)

  • People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.
    It shouldn’t surprise anyone that the nine states without an income tax are growing far faster and attracting more people than are the nine states with the highest income tax rates. People and businesses change the location of income based on incentives.
    Likewise, who is gobsmacked when they are told that the two wealthiest Americans—Bill Gates and Warren Buffett—hold the bulk of their wealth in the nontaxed form of unrealized capital gains? The composition of wealth also responds to incentives. And it’s also simple enough for most people to understand that if the government taxes people who work and pays people not to work, fewer people will work. Incentives matter.

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