ticalc.org Announces Micro-Payments
Posted by Nick B. on 1 April 2002, 07:04 GMT
SOLLENTUNA, Sweden—Saying that ticalc.org was barely breaking even, editor-in-chief Magnus Hagander has announced a micro-payment scheme. "Though we had success with our IPO three years ago, we've just had trouble making ends meet around here," Magnus was quoted as saying, "so we asked our staff members for some good ideas." "[Our Security Chief] was the first to respond, and came up with a most brilliant solution. '$0.10 for every click and $0.25 for every file downloaded,' he said. So I'm currently working on the database implementations of it now." For more details, we spoke personally to the Security Chief. "Well, with even Slashdot going to a subscription model, we realized that soon we may have to do the same. To stave off subscriptions, I felt this was the best way to go, especially since advertising didn't pan out. That being said, I think our users will enjoy being able to help out the site they love so much." ticalc.org (TICO) went public three years ago, with an initial stock price of $5 per share. The stock quickly rose to over $250 per share, but recently hit its all-time low at $3 per share and is being threatened with delistment. "With this new model, not only will we be able to finally pay our bandwidth bills, but also we'll be able to please our investors. Based on current numbers, we expect to turn a profit of around a nickel per share," Mr. Hagander said. For information on said bandwidth, we talked to Phil Genera, keeper of the ticalc.org statistics. "Well, we transferred nearly 157 gigabytes of data last month alone. We still owe from a year ago, though, but we feel now with our increased revenue we can pay off our hosting provider," he said. "Hopefully, if enough people pay, we'll soon be able to scrap the system in favor of something else, like maybe volunteer donations."
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The comments below are written by ticalc.org visitors. Their views are not necessarily those of ticalc.org, and ticalc.org takes no responsibility for their content.
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Re: ticalc.org Announces Micro-Payments
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Benjamin Esham
(Web Page)
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If I had to pay $.25 for each download, I'd need screenshots on *every single file*! You wouldn't want to download something for money and then find out it's a piece of crap. On a somewhat related note, how does one join the SS staff?
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1 April 2002, 16:35 GMT
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Re: ticalc.org Announces Micro-Payments
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OrgcalcTI-89
(Web Page)
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is this a joke or is this for real? next time if you post something like this post on another day besides april 1. No one is going to pay for downloads becasue there are other sites out there that give free calculator downloads! I will not pay!
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1 April 2002, 18:04 GMT
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Re: ticalc.org Announces Micro-Payments
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acr34
(Web Page)
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My first thought after reading this is "man, I can't wait for April first"
My second thought was a mental slap.
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1 April 2002, 18:06 GMT
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Re: ticalc.org Announces Micro-Payments
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GeneralCYT
(Web Page)
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You think that was a bad joke? A somewhat local rock station had been broadcasting all morning that the USPS was loosing money because of the increased use of e-mail, so the delivery systems which send the e-mail across the country were going to start charging 34 cents per e-mail, and I believed them...
...Until I looked at the calendar.
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1 April 2002, 18:12 GMT
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Re: ticalc.org Announces Micro-Payments
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kris_kringle
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Happy April Fools' Day, everyone!
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1 April 2002, 18:33 GMT
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