Interesting factoids: Data sells, fuel costs

Some interesting tidbits.

Two fascinating factoids from Paul Kedrosky and the Wall Street Journal today, neither of which relates to open source, but both of which gave me pause:

  1. Paul notes that exchanges like the New York Stock Exchange are making more money from selling data than from revenue from equities trading. Sometimes the business you're in isn't the business you should be in....I'm guessing we'll see more of this in open source, as people learn that there's more money in the data and services around the code than in the code itself...?
  2. The Journal reports that more than half of today's airline ticket prices are consumed by fuel costs. On some flights - e.g., American's $370 roundtrip between Los Angeles and New York City, $300 of that ticket price is eaten up by fuel. It makes it easier to appreciate just how much pressure the airlines are under.

And now back to our regularly scheduled programming.

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About the author

    Matt Asay is chief operating officer at Canonical, the company behind the Ubuntu Linux operating system. Prior to Canonical, Matt was general manager of the Americas division and vice president of business development at Alfresco, an open-source applications company. Matt brings a decade of in-the-trenches open-source business and legal experience to The Open Road, with an emphasis on emerging open-source business strategies and opportunities. He is a member of the CNET Blog Network and is not an employee of CNET. You can follow Matt on Twitter @mjasay.

     

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