Twitter is Where the News Happens

Twitter continues to be a source for breaking news. As of 4pm PST, there are a lot of people on Twitter talking about a massive explosion at a propane facility in Toronto that occurred around 4am this morning. This news has yet to filter into the mainstream news websites like CNN and MSNBC. The CBC, Canadian Broadcasting Company, finally picked up the story around 5pm their time.

Meanwhile, various people have been spreading the news via Twitter and home-made videos posted on Youtube. The following amazing video was submitted to YouTube at around 5:00am EST, shortly after the explosion happened. As of this posting, over 164,000 people have viewed just this video.

This is probably one of the biggest examples yet of how outdated and antiquated traditional news services are.

Why doesn't Google just buy Viacom?

I have been seriously concerned for the last 10 years or so about the amazingly out of proportion influence the media/entertainment industry has been having over the legal system here in the United States.

We have seen the collective entertainment industry having a huge amount of power as “copyright holders” that is disproportionate to their economic contributions to society overall. The information technology industry, loosely including everyone from hardware vendors to software development to web services, is vastly larger than the media and entertainment companies in terms of their economic footprint.