Tumblr announced some big new developments they’re working on. The first is an improvement to an existing feature, Tags. Now, tagged posts automatically generate #hashtags (much like the Twitter system) that collect similar posts into a group. The hashtags are displayed below your post and link to a page containing other posts with the same tag.
Because there’s 650,000+ posts being published daily, Tumblr allows you to sort these by relevancy including most liked and most reblogged with a cool slider. The feature is still in development so the Tumblr staff say you may find a bug or two. Additionally, the central hashtag directory is not yet complete.
Additionally, Tumblr is working on direct integration with Facebook. Tumblr is set to introduce a new feature that allows your Tumblr content to be posted directly to Facebook pages and profiles. The content will automatically be formatted properly based on the type of post.
Kevin:Imagine that I let you borrow $50, but in exchange for my generosity, you promise to pay me back the $50 with an extra $10 in interest. To make sure you pay me back, I take your Charizard Pokémon card as collateral …Let’s say that the Charizard is worth $50, so in case you decide to not return my money, at least I’ll have something that’s worth what I loaned out. But one day, people realize that Pokémon is stupid and everyone decides that the cards are overvalued. That’s right—everybody turned twelve on the same day! Now your Charizard is only worth, say, $25.At the same time, you’re having trouble paying back the $60 you owe me. So what would you rather do: try and pay me back the $60 or just default and give me your $25 Charizard?
Olivia:I’d give you the Charizard.
Kevin:Exactly. Who wouldn’t? Now, the bank — I mean me — has lost $25 when I expected to make $10. What’s the lesson here?
Olivia:Pokémon is dumb
Via <a href="http://bygonebureau.com/2008/10/01/the-financial-crisis-as-explained-to-my-fourteen-year-old-sister/">http://bygonebureau.com/</a>