Monthly Archives: June 2010

Virtual Items Continue to Harvest Bushels of Real Money, For Now

The market for virtual goods continues to grow, but consumers need to take a more proactive approach to demanding consistency and transparency in how the transactions are governed. Government regulation is unlikely, so it’s time for a market-driven solution to the chaos of EULAs that have generally replaced our existing commercial legal system. Continue reading

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Posted in Social Networks, Virtual Items / Virtual Goods, Virtual Worlds | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Linden Labs Lays Off 1/3 of It’s Workforce

More bad news from the Virtual front. It looks like growth of the most well-known social virtual world, Second Life, has slowed considerably. This prompted the world’s maker, Linden Labs, to lay off 30% of it’s workers according to an … Continue reading

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