In about 24 hours I need to be in Shanghai where I'm giving presentation on PR/CSR/Web2.0. I planned to devote 2 slides and 6 minutes to discussing the end of traditional press conferences (oh no, that might mean the end of hongbao too) and then I found this article posted today called "How the Blogosphere Killed the Press Conference". It's an interesting read, more so because it also has ramifications for the death of BusinessWire, PR Newswire and other traditional press release companies if they don't morph soon — the Securities and Exchange Commission issued some statements recently that will make posting PR via those services unnecessary soon and the info can go out directly via the SEC's own website. This is what we've been banking on at Xinwengao.com for many years to happen.

I've been in Beijing the last few days and leave late tonight to go back to Shanghai. The air seems very bad — much worse than during the Olympics 2 weeks ago — and traffic is horrible with only half of the cars on the road.