via HuffPost Game Changers: Who Is The Ultimate Game Changer In Philanthropy: The Extraordinaries

Making it effortless to add brief volunteer activities to your busy day. The Extraordinaries delivers information via mobile phone about micro-volunteer opportunities that can be done on-demand and on-the-spot. Standing in line at the DMV? Sure you can listen to music on your iPhone, but won’t you feel better about yourself if you use that iPhone to spend those stray minutes adding identifying tags to museum photos, or translating a Spanish document into English? With over 700 million smartphones expected to be in use by 2012, these innovators see billions of hours of spare time ready to be tapped into for the greater good.

Killer Quote: “We hope people might look differently at that ride on the bus and not just play video games. Micro-volunteerism is perfectly suited for the Millennial Generation. They are used to text messaging, MySpace, Facebook, get-in, get-out, instant gratification.” Must Click Link: BeExtra.org

via Sony Posts Fourth Consecutive Quarterly Loss SNE | SAI

Sony SNE lost $292 million in the quarter ending in September, the company announced this morning. This marks the fourth consecutive loss for Sony. It is now predicting that losses for the year will total ¥95 billion ($1 billion).

via The New York Times’ Coming Jihad Against The Huffington Post | 24/7 Wall St

There has been a great deal of speculation about what the basis of a suit of The Huffington Post by The New York Times would look like in legal terms. First Amendment attorney David Marburger has said in widely circulated comments that the best legal leverage that the old media has is to get Congress to amend the Copyright Act to restore the common law as a way to fight unfair enrichment that aggregators get by utilizing content created by other media.

The Huffington Post recently passed The Washington Post and LA Times in terms of the visitors each has to its website each month. Huffington’s revenue is rumored to be small, perhaps as little as $8 million this year. As that number grows, it will take more advertising share from its old media rivals.

Update: Several sources have told 24/7 that a suit by old media may be brought under the Interstate Commerce Act.

via Can Nintendo Rebuild? - BusinessWeek

Nintendo President Satoru Iwata told financial analysts and journalists that the company had been unprepared for the sudden drop in sales of its Wii living-room game console. “We sensed that the market mood was cooling off in the spring,” he said. “But frankly, we hadn’t expected to get as bad as it did by summer.” In the past six months the stock has slid 22%.

In the July-September quarter, Nintendo’s operating profit dropped 52%, while sales slid 28%. Nintendo now expects full-year profits of $4 billion on $10.9 billion in sales, instead of $5.4 billion in profits and $19.7 billion in revenues. Last fiscal year, the company had its best year ever, raking in profits of $6.1 billion on revenues of $20.1 billion.