Jargon Watch

GAMEY - Google, Apple, Microsoft, eBay, Yahoo!. VC-speak for the group of companies expected to buy up the creme of Silicon Valley start-ups. Thanks to CNN Money.

Generation Cash - Generation Content getting paid through sites like citizen journalist photo agency Scoopt, and video sites like Revver, eefoof and Flixya splitting ad revenue. This content for cash game has gone mobile; mobile operator 3 pays video creators per download through its SeeMeTV initative and MyNumo rewards the creators of ringtones, videos and wallpapers through a revenue share approach.

The concept also extends to the black economy trading on eBay and those people operating as part of the Fon wi-fi network and the big cash prizes offered by the likes of Intel and Netflix for customer-generated innovation. It's Alvin Toffler's prosumer concept made good. Thanks to Trendwatching.

A nail in the coffin of eBay

There is a link going around at the moment, I received from both HolyMoly and B3Ta newsletters regarding an allegedly missold laptop on eBay.

The purchaser took retribution by posting the previous owners personal information on the blog including his email address, family pictures, terrorist attack pictures, a doctored passport scan and an alleged fetish for gay and hosiery pornography presumably obtained from the browser cache on the machine.

Whilst immensely funny, the blog illustrates all thats bad about eBay, something that this weeks announcement of a partnership with Yahoo! will do little resolve. Its the online equivalent to the wild west and it is starting to have a trust deficit, despite its free markets are self regulating creed.