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May 9, 2012

Smartcompany News and Analysis: SEO firm linked to disgraced EnergyWatch boss collapses, 10 tips for the budget that really counts – your own, Why the humble catalogue still works

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The “trail of destruction” left by disgraced EnergyWatch chief Ben Polis continues. Today SmartCompany reports on the collapse of an SEO firm formerly run by Polis and talks to staff whose lives have been turned upside down by the scandal surrounding him.

We take a detailed look at how to prepare your business’s budget, list the five big challenges for Billabong’s new CEO and look at new research showing the humble paper catalogue still works.

Plus in Entrepreneur Watch, James Thomson looks at the latest move in Gina Rinehart’s battle with her kids.

Finance
10 steps to preparing the budget that REALLY matters – your own
Forget about federal budgets and take some time to get your own one right. BY LEON GETTLER.
Features

Entrepreneurs
Meet Jo Burston: A master of business failure
Jo Burston, the founder of a $25 million company, embraces failure as the only certain path to success. BY LEON GETTLER.
Features

Aunty B
I am taking on a new business partner. What vows do I make?
You’re not exactly going to the chapel, but you and your new business partner should make some vows about how the two of you will be running things.
Aunty B

IT Systems
David Markus
There’s power in diversity and that power can be applied to the IT decisions every business has to make.
Ask the Experts

Business Tech Talk
Paul Wallbank
Is your business the fluffy bunny sitting in the Internet's fast lane?
Smart Blogs

IT Means Business
Dave Stevens
From Blackhole to Flashback, work computers and business websites are under attack like never before. So what should your business do about it?
Smart Blogs

Entrepreneur Watch
James Thomson
Gina Rinehart appears to have made a major concession in her legal fight with her children, but it’s not that simple.

Techcompany News and Analysis: TechCompany: How Mark Zuckerberg became a CEO and shocked Silicon Valley; Early views on the Samsung Galaxy SIII; Is your business digital roadkill?



Thursday, May 10th 2012


Entrepreneurs up to date with the tech industry would be well aware Facebook priced its IPO last week, and there’ll be plenty of winners. Zuckerberg’s co-founder Dustin Moskovitz is set to reap more than $US4 billion if the price sticks to the high end of Facebook’s range.

But there’s a much more interesting story here. Even though Zuckerberg is selling enough shares to make him a billionaire, he’s still holding a controlling stake in the business.

After all these years, Zuckerberg still holds a tight grip on the social network that made him rich and famous. So much so that he completed the recent Instagram deal without advising the board at all.

Our Best of the Web features a great story on how Zuckerberg has transformed into a business-savvy CEO. But his controlling stake reveals a key point – noisy shareholders aren’t likely to sway his direction for the company.

Patrick Stafford
Editor, TechCompany





BEST OF THE WEB: How Mark Zuckerberg transformed into a competent CEO – and took Silicon Valley by surprise
Mark Zuckerberg started Facebook when he was barely out of his 20s, with little to no business experience at all. Yet he’s transformed into a surprisingly competent CEO ahead of the company’s float – here’s how he did it. Read more




WHAT WE LEARNED THIS WEEK: Don’t underestimate high quality photography
David Jones and Amazon both announced they would spend more time and money on high quality photography. It’s a wake-up call for online retailers which aren’t doing the same. Read more







GADGET WATCH: Samsung Galaxy SIII
Samsung has just confirmed the existence of the Galaxy SIII, but reviewers have already been given a quick look. Could this device be the one to take the smartphone crown from Apple? Read more





MY BEST TECH: Matt Bullock
eWay chief executive Matt Bullock says his favourite piece of tech is a whiteboard – but this is no ordinary piece of office equipment. Read more











Business Tech Talk – Paul Wallbank
Digital roadkill
Is your business the fluffy bunny sitting in the Internet's fast lane? Read more




Dave Stevens – IT Means Business
What should your business be doing about security threats?
From Blackhole to Flashback, work computers and business websites are under attack like never before. So what should your business do about it? Read more




David Markus – IT Systems
Do we need diversity for our IT plans?
There’s power in diversity and that power can be applied to the IT decisions every business has to make. Read more




Internet Secrets – Craig Reardon
Your web developer should make themselves redundant
Few smaller businesses need a custom web developer these days, as off-the-shelf solutions become both more sophisticated and more affordable. Read more








hardware

Android dominates Apple in the US market: Nielsen
Consumers keen on Apple, less so other tablets
Gigabit wireless laser networks invented



mobile

China overtakes US as world’s largest smartphone market, with Samsung leading Apple
MasterCard unveils new mobile wallet service
Samsung confirms Galaxy SIII smartphone



software

Pandora reaches 150 million registered users
Open source Photoshop replacement GIMP 2.8 released
Spam volumes fall 13% while malware on the rise: Report


social

Facebook IPO set for May 18
Twitter CEO says IPO not on the radar
US looking to outlaw companies asking for Facebook passwords

digital strategy

Google Australia reportedly pays $74,000 in tax on $201 million in revenue
Asus PadFone goes on hold to wait for chips
Apple and Samsung claim 74% of phone industry revenue: Analysts

online

Yahoo CEO controversy continues
Opera claims 168.8 mobile users worldwide
Microsoft invests $300 million in new Barnes & Noble partnership

NYT Global Update | World: Double Agent Disrupted Bombing Plot, U.S. Says

Global Update


TOP NEWS

Obama Says Same-Sex Marriage Should Be Legal

By JACKIE CALMES and PETER BAKER
By publicly endorsing same-sex marriage in a television interview, the president took a definitive stand on one of the most contentious and politically charged social issues of the day.

Asked About Gay Marriage, Romney Doesn't Answer

By ASHLEY PARKER
As President Obama is expected to be pressed on the issue, Mitt Romney skirts issue.

Parents of Only G.I. Held by Taliban Say U.S. Weighs a Swap

By ELISABETH BUMILLER and MATTHEW ROSENBERG
Frustrated by stalled negotiations, the parents of an Army sergeant abruptly disclosed that he was the subject of secret negotiations.
Multimedia

Video: TimesCast

President Obama addresses same-sex marriage, and more.
Opinion

Latitude

Coalition of the Willing

By SHMUEL ROSNER
After an initial scratching of the head, many Israelis decided that it was not such a bad idea after all to have a unity government.
WORLD

Double Agent Disrupted Bombing Plot, U.S. Says

By SCOTT SHANE and ERIC SCHMITT
Officials said the would-be attacker dispatched by the Yemen branch of Al Qaeda to blow up an airplane was actually a Saudi agent who infiltrated the group.

Winter Killed at Least 100 Afghan Refugee Children, Study Estimates

By ROD NORDLAND
A new study by a French aid agency said the cold claimed more lives than originally thought.

Behind Twists of Diplomacy in the Case of a Chinese Dissident

By STEVEN LEE MYERS and MARK LANDLER
Days of drama preceded the agreement between the United States and China in the case of Chen Guangcheng, but the negotiations ultimately reflected a maturing relationship, officials said.
BUSINESS

In Spain, a Debt Crisis Rooted in Corporate Borrowing

By LANDON THOMAS Jr.
The debt load of Grupo A.C.S., a giant construction company based in Spain, reflects the country's fraught financial struggle.

Stocks Decline Anew on European Turmoil

By REUTERS
The concerns over Greece and Spain added to worries about softer American growth, causing a broad retreat from risky assets.

Europe May Need More Power to Deal With Bank Crisis

By STEPHEN CASTLE
After failed efforts to restore confidence in their sickly banks, European governments face growing pressure to give officials more powers to shore up shaky lenders.
TECHNOLOGY
DealBook

Morgan Stanley, Where Money and Tech Meet

By EVELYN M. RUSLI
The company, led by its technology investment banking chief, Michael Grimes, has shepherded 28 technology initial public offerings in the past year. Facebook is next.

Cisco Income Rises in Line With Forecasts

By QUENTIN HARDY
Cost-cutting measures aided profitability, but the company warned that it faced "a cautious" environment for corporate spending on information technology.
DealBook

Third Point Calls for Interim C.E.O. at Yahoo

By MICHAEL J. DE LA MERCED
Yahoo's latest efforts to contain the controversy surrounding the embellished credentials of its chief executive do not seem to impress Daniel S. Loeb.
SPORTS

For Juventus, Still Work to Be Done

By ROB HUGHES
The Serie A champion has rebounded from its darkest moments in the 2006 match-fixing scandal, but it still needs to make some changes if it wants to be a power in European play next season.

Decathlon History Is His in the Making

By CHRISTOPHER CLAREY
A big-leaping decathlon prodigy is hoping to reach his discipline's heights at the the London Games.

London's Games, an Island Between Beijing and Rio

By CHRISTOPHER CLAREY
The 2012 Olympics, although lacking in geopolitical oomph, do have a big-ticket project: The Olympic Park in Stratford, east London.
U.S. NEWS

Civil Unions Bill Dies in Colorado

By DAN FROSCH
Legislation passed by the Senate missed the midnight deadline for a hearing in the House.

North Carolina Voters Pass Same-Sex Marriage Ban

By CAMPBELL ROBERTSON
North Carolina's voters on Tuesday approved a constitutional amendment that bans same-sex marriage, joining 29 other states and the rest of the South.

Indiana G.O.P. Tries to Unite After Lugar Defeat

By MONICA DAVEY
Gov. Mitch Daniels praised Richard E. Mourdock, a Tea Party-backed candidate who won the Senate primary, as a hard worker who comes "right out of the mainstream of our party."
OPINION
Op-Ed Contributor

From Beijing With Love

By JEFFREY H. SMITH
Deciding whether, and how, to provide asylum for dissidents is a complicated issue, and each case is different.
Op-Ed Columnist

Désamour and Amour

By MAUREEN DOWD
The French act as though they don't care about politicians' private lives, but, behind the scenes, there's as much lusty action as a French farce.
Op-Ed Columnist

Jobs@Arabia.com

By THOMAS L. FRIEDMAN
A plan is taking hold for entrepreneurs, not government, to lead the way in creating new businesses in Jordan.