Ebay Auctions
http://www.ebay.com/gds/How-Bidding-Works-on-eBay-and-How-to-WIN-/10000000175182135/g.html Although items on eBay are mainly sold under the “buy it now” option, there is still the option to “make an offer”. Here, sellers can place their sale items on the website and decide on a “buy it now” reserve price, and/or let buyers bid on the item. This ability to have buyers and sellers […]
How Facebook Distributes Ads
Recently I’ve been seeing Facebook ads from Planned Parenthood on the side of my newsfeed. It feels a little judgmental, but it does make sense based on my demographic. Facebook uses a combination of factors to decide which advertisements get shown to which users. Anyone can place an ad on Facebook. They can specify the […]
Blogs and Bloggers – Why it was wrong for Vogue.com to criticize
Recently, Vogue (arguably the most important fashion magazine in the world) published an article in which the editors of the publication’s website criticized fashion bloggers for “heralding the death of style” and calling their fashion choices and profession “pathetic” and “horrible.” Many bloggers, other websites and individuals in the industry responded to this article, saying […]
Property Auctions and the Effect on Brexit “Gloom”
As we have learned in class, auctions are quite prevalent in the marketplaces everywhere, both online and offline. In this case, commercial property auctions are having an unlikely benefit in the British real estate marketplace. Following the Brexit vote earlier in June, the British commercial real estate market was hit hard early on in the […]
Balancing Popularity and Freshness: Reddit’s Ranking Algorithm
When the idea of online communities comes to mind, there is no name bigger than Reddit. Since its inception over 10 years ago, Reddit has slowly grown into one of the biggest news aggregation websites in the world. As the 11th most viewed website in the U.S. with over 500 million monthly visitors, Reddit has established […]
PageRank’s Potential Application in Other Industries
PageRank is an important algorithm invented by Larry Page and Sergey Brin, and it has always been one of the main reasons of the high market value of Google search engine. The PageRank combines mathematic knowledge with the concept of strong/weak ties between different pages, as well as the network power of every page. […]
Airbnb
https://www.theguardian.com/commentisfree/2016/oct/17/airbnb-rent-unaffordable-elizabeth-warren-neighborhoods Lately there has been a rise in apps like Airbnb and Uber, services that let regular people turn their home into a hotel or turn their car into a taxi. However, similar to how Uber has started drawing criticisms from cities due to crowding out the local taxi drivers, Airbnb has started drawing criticisms […]
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