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Second Life Economy is in a Recession
Residents with a positive monthly L$ cash flow declines for second consecutive quarter by Jessica Holyoke After the banking ban, there are commentators who state that the Second Life Economy is in a recession and then there are the opposing commentators that say that the Second Life Economy is not in a recession. According to [...]
Full StoryOp/Ed: Privacy Please
by Jessica Holyoke When talking about avatar or human rights, one right that is often ignored is the right to privacy. While this right led to reproductive rights in the US, its erosion in the virtual world needs to be halted. Privacy policies usually revolve around the use and sale of personal information. And Linden [...]
Full StoryInterview with SL Woodbury University’s new Administrator Madelena Rossini
by Jessica Holyoke Madelena Rossini Woodbury University is reappearing in Second Life. Madelena Rossini is the new administrator listed on the Woodbury group. Ms. Rossini was a SL resident who was introduced to members of the Woodbury faculty through SL. She recently started teaching classes at the California school and took some time to talk [...]
Full StoryCopyright, Content & Behavior: The Vagina Monologues
by Jessica Holyoke As reported here, http://sexsecond.blogspot.com/2008/01/is-hbo-stopping-vagina-monlogues-in-sl.html, HBO has stated that the in-world production of the Vagina Monologues be halted due to HBO holding the broadcast rights to the production. Vday.org, the holder of the live performance rights, told the organizers of the SL Vagina Monologues that they had to rescind their authorization of a [...]
Full StoryFinancial News Update
by Jessica Holyoke A week after the announcement of the upcoming Linden Banking Ban, Lindens and residents are reacting in different ways. The Linden reaction is that "payment of interest", the main prohibition on offering a bank goes both ways. Paying interest on deposits is prohibited, but according to some Lindens that responded in writing, [...]
Full StoryOp/Ed: Pumping Up Supply Linden
GOM Part II by Jessica Holyoke Substantial Risks to the SL Economy. That’s the reason Ken D Linden gave when he wrote the blog post banning interest and rate of return investing in SL. But banks and stock exchanges pump money through an economy. By allowing people to invest in these two services, the economy [...]
Full StoryBankplay Banned – High Interest L$ ATMs Must Go !
Linden Lab reacts to Ginko Financial by declaring permanent spacebuck bank holiday? by Jessica Holyoke take the money and run Tensions mounted at the SL Capital Exchange/JT Financial as Linden Lab reacts to the Ginko Financial Collapse. Ken D Linden posted on the Second Life Blog today a new policy in regards to the in-world [...]
Full StoryWhat’s the Gossip about GossipGirl?
by Jessica Holyoke The Upper East Side sets the stage for gossip Residents with the last name of GossipGirl have been popping up around the Grid. Perhaps they showed up for a minute and then vanished, not knowing what to do. Perhaps its an old friend on a new alt. For the most part, they [...]
Full StoryWSE Down – But Coming Back
step 3: Close virtual stock exchange for 30 days. step 4: Directors resign. step 5: Profit? by Jessica Holyoke LukeConnell Vandeverre has plans for WSE Upon entering the World Stock Exchange, visitors are greeted with a notice that the ATM’s and assorted systems will be down for up to 30 days. After two trading days [...]
Full StoryLinden Crime Alert
Lab to punish unknowing recipients of fraudulent L$s by Jessica Holyoke crime – and punishment? Wednesday on the Second Life Blog, JP Linden advises caution when dealing with third party resellers of Lindens dollars. JP Linden’s concern is that some third parties buy their Linden dollars from stolen credit cards, phished accounts or hijacked PayPal [...]
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