Twitter

There are two major schools of technology investing. The first believes that all investments these days are fundamentally technology investments. Every big company relies to a greater or lesser degree on the innovations and efficiencies of technology to replace the high costs and laggardly habits of human beings. The faster they do this, the higher their returns. The second school covets the pop and fizz of the new. It rejects the tedium of earnings-based valuations in favour of the helium of potential. It piles into the latest new share offerings and regards Twitter as the future of mobile advertising, not a punchline. One school feels like traditional, copper-bottomed investing, the

The American economy always feels better when the Super Bowl is on. Ads for trucks and beer fill the airwaves. It’s steak and cigar season for the corporate bigwigs, not a time for the calorie conscious. For a few days, they can forget about foreign labour and cratering emerging markets and wallow in the fantasy that America is still about men in faded jeans and worn baseball caps, doing practical things with their hands. Now the pigskin has been locked away until autumn, however, one can take a colder look at the behemoth. No doubt, it has been a fine few years to be rich in America. The crash of

It’s amusing to see serious journalists and authors struggling to use Twitter under instruction from their newspapers and publishers. They realise they lose dignity by condensing their great thoughts into a mere 140 characters: it is inevitable, whoever you are. Imagine Jesus had been obliged by his Father to tweet. It just wouldn’t have been the same: ‘Might be a bit short of loaves and fishes on the mt today. Take a miracle to feed everyone!’ or ‘Great supper with the lads tonight — worried that tomoro might not go so well. #nastyfeeling’ This year the referendum on Scottish independence takes place at last. Oh, please, may the Scots vote

It’s become a given: we are all stalkers now. Thanks to Google, Twitter, Facebook and the fact that absolutely nobody seems to have the faintest idea about privacy settings, it is easier to keep track of people on the other side of the world than ever it was to snoop on a village neighbour from behind the safety of a lace curtain. But a strange and sinister new phenomenon has begun to emerge. Call it secondary stalking. Even the stalkers are being stalked now. This was brought home to me the other night when I was having dinner with one of my closest friends, who I will call Andrew (gay,

Are the police wasting too much time on Twitter instead of catching criminals? On this week’s View from 22 podcast, Nick Cohen looks at what Britain’s fall in crime has done to policing methods. Is the fall responsible for the police’s heightened in what people say on social media? What does this mean for our civil liberties and freedom of speech? Consultant NHS surgeon J. Meirion Thomas also joins to explain how The Spectator helped blow the whistle on health tourism abuses. Will the government’s plans to tackle systematic abuses by migrants work? How much effect will the levy on students and temporary visitors have? Are the figures quoted by the Department of

Royal Mail delivers to 29 million UK addresses; last year it generated £9 billion of revenues, of which £324 million remained as profit before tax; and it is likely to be valued at £3 billion in its privatisation share sale, indicating a price-earnings ratio modestly below ten. Twitter — the microblogging phenomenon beloved of self-admiring celebs, but now so ubiquitous as a mode of communication that it is compulsory for British ambassadors abroad — has 200 million users and is expected to generate revenues of just £365 million this year, maybe twice that next year. Twitter says it’s profitable but has so far kept its accounts private, and is nevertheless

Poor Ian Katz. Just days into his new job as editor of Newsnight and he’s already in hot water. Accidentally panning a guest behind their back is hardly the most dignified of starts. Mr Steerpike would love to know who this was really meant to be seen by rather than Katz’s thousands of followers: While Rachel Reeves is undoubtedly tedious, it’s hardly a good idea to actually say it. Katz’s former Guardian colleagues will no doubt be happy to see him enjoying his new outlet. So what are the repercussions of the blunder? Not great if the reaction of Labour’s attack dog Michael Dugher is anything to go by: ‘Good luck

Our government loves to snoop. Nick Cohen explained in the Spectator last year why Britain is becoming a surveillance state, and now we have an indication of how much data they have attempted to extract from social networks. Facebook has released its first figures on government requests for data on its users. As the chart below shows, the UK comes third for the amount of data requested, behind the United States and India: It’s a similar story for Twitter, whose figures from January to June 2013 show that the UK is again third for number of requests, behind the same countries as Facebook: On the internet telephoning service Skype, the

Well, well, well. Nick Cohen’s excellent column in this week’s mag  has caused a stir today. Sadly, though, Nick’s astute argument became another excuse for a boring slanging match between atheists and believers. And of course Stephen Fry waded in: Mary had a little lamb It’s fleece was white as snow All you religious dicks Just fuck off and go. No more discussion with dickheads. Sorry. — Stephen Fry (@stephenfry) August 22, 2013 Really? Fry’s Twitter cronies lapped that up. They always do. He’s so clever and civilised, our Stephen, bless his colourful cotton socks. Unlike those credulous maniacs who believe in God. In 2013! Celebrity atheists always claim the

Listen, this story is moving so quickly stuff will almost certainly have happened in between me writing it and you reading it. I hate the idea that you might be left behind the curve, but I just don’t know how to get around that. An outrage occurs and of course we try faithfully to report it, so that you can be outraged vicariously, but time moves on; the outrage spreads out, like a fast-moving conflagration, and begins to affects us all and we all of us feel unclean and traduced. Already, with the outrage I’m about to describe, the Guardian has decided it was not one outrage but two conjoined