Warren Buffet’s views on the future of US newspapers. Via Hypergene MediaBlog.

Jeff Jarvis on the value of networks. His conclusion is: “in the end, is only that we are entering uncertain and uncharted waters in fluid networks. It’s not clear where the value will be captured and how it will be shared.” But it’s worth reading his arguments…

Jason Kottke notes the difference between the New York Times most blogged and most emailed articles – the most blogged is far more political than the most emailed.

According to TechNet Social Networks Attract Nearly Half Of All Web Users. “The top 10 sites collectively grew 47 percent in the United States from the same month a year ago to 68.8 million unique visitors, Nielsen/NetRatings said. The sites reached 45 percent of active Web users,” they say.

“In what might be a first-of-its-kind lawsuit, a Pennsylvania lawyer is suing the publisher of the rapidly growing online world Second Life, alleging the company unfairly confiscated tens of thousands of dollars worth of his virtual land and other property.” From Wired News.

10 Things You Might Not Know About Google from Seth Finkelstein’s Infothought blog.

The BBC is rapidly getting a reputation for ground-breaking forays into the new media space, and the latest, the “simulcasting” of the Radio One Music Festival within Second Life is a good case it point. According to paidContent.org the Beeb “has “bought” a virtual tropical island within the Second Life world, and the radio network believes up to 400 people will be able to attend the event with admission controlled by computerised bouncers.”

TechCrunch says Yahoo! has acquired Jotspot, the wiki company.

Pre-release screenshots of the upcoming Google Notebook feature from the Flickr account of Erica Joy.

Jeff Jarvis is not impressed with Google Co-op.