Oxford University Faces £30m Losses

Because they got money deposited in Icelandic banks…… But I think comparing to the university’s reserves, £30m is just peanut.

Oxford University faces £30m Icelandic bank losses
Financial crisis: Oxford University and Audit Commission fall victim to banks

Blog On Bank Rate/Credit Card Review Sold For USD15 Millions

Heard of “Bankaholic.com“? Bankaholic.com, a blog/financial portal provides consumers with up to date bank rates, credit card reviews, insurance quotes, and personal finance tips, was just acquired by BankRate for USD15 millions. I’m not going to leave any news link here. Just do a search in Google, you can find various sites have published news regarding this acquisition. Or, you can drop by John Chow or Probogger, both of them have published their entries on this as well.

So, can we make money from blogging? Yes, if you are good, if you are what readers seek after, if you provide what people want. Will this happen in Singapore/Malaysia? Hmmmm, don’t know. Most blogs in this region are more on personal sharing, entertainment, or ranting, ect. As for niche blogs, I seldom see blogs focus on areas other than IT, Make Money, Finance, Politics, and those hardly impress me……

SingTel iPhone Users 1st Month Bill - One Is Charged Over $1600 For Mobile Data Usage

Your guess how much? Like what the title of the old mandarin song by 张清芳, “激情过后” stated, after the the passionate period, excitement, it is time now to face the reality.
iPhone bill
Source (This is the discussion thread on iPhone bill in HWZ, lots of “surprise there…)

I hope, that is just cock-up from the service provider. If not, the users get pwned big time……

Advertlets, WHERE ARE MY CHEQUES???!!!

Edited on 13/11/2008: Money received on 12/11/2008, through TT, minus S$10 due to TT service. CASE CLOSED.

(Guys at Ping.sg, please PONG me to the top. I have a fxcking cash-out story with this lousy company to tell everyone.) Advertlets, Josh, where are my cheques??? Where is my cash-out? Where is your promise? That is March and May cash-out for God sake. It is a fxcking 6 months period.

First I never received anything for my March cash-out, so I wrote this “It’s Been 4 Months, Where Is My Advertlets Cheque?“. Then finally, there was response. It is a series of emails communication and we agreed on an arrangement. I am going to post all the emails between that lousy company and me. (Click to enlarge)

Advertlets pending payment

Hi XXXXX,

We previously sent an e-mail in April with a few questions regarding your site statistics. Did you receive it?

Regards,

Advertlets Support

Advertlets pending payment

No, I did not receive any email regarding your request. Maybe you want to send again.
Thanks.

XXXXX

Advertlets pending payment

Please see the below:

This is the mail:

Hi XXXXX,

Firstly, let us say that we appreciate your posts, comments and support of Advertlets so far. We also note that you are one of the higher traffic bloggers in our network, and we value your contribution.

As payment from advertisers from Singapore take much significantly longer time to clear in Malaysia (due to need of physical invoicing and bank procedures), we would like to have your assistance in the following:

To have your March 2008 Cashout split into three payments, which will be sent to you over the period of 3 months. Future cashouts should not be an issue.

We apologize and appreciate your consideration. Apologies for the delay, but we feel this is the best decision in the interests as a growing startup and for our publishers to receive payment (although split) as soon as possible. In addition, we would like to explore the possibility of arranging a fixed monthly fee due to your high traffic.

We would appreciate your confidentiality in this matter to protect both our interests. Thank you. Please let us know if this is a suitable arrangement that you can agree to.

Regards,

Advertlets Support

After I saw this mail I just laughed. If you have really ever sent me such mail, you will FORWARD the one you have previously sent, but not COPY n PASTE into a new email. Anyway, I just want my money! Future cashouts should not be an issue? My foot, you can’t even pay me NOW!
Advertlets pending payment

Hi,

Seems like I can’t say No right?
Do let me know how you will split the among. But I will suggest that, since you will have to drag it into 3 parts, why don’t lum my 2nd cash-out together?
Seriously, I hope you guys can improve on your customers/publishers service, relationship management. I don;t expect top notch service, but the level that I received is not tolerable to me. As long as Advertlets pays good (no drag of course), I will stay.
As for the fixed monthly amount, we can talk about it.
Thanks.

XXXXX

Advertlets pending payment

Hi XXXXX,

Okay, we will put your 2nd cash out together with the first:

RMxxxx = SGDxxx

SGD xxx divided by 3 = SGDxxx per cheque

You will receive your first cheque within 5 -10 days from today, and the next one at the end of July, and the final one in August from your March & May combined totals.

We will endeavor to improve further, please do keep us updated on your feedback.

Regards,

Advertlets Support

I received the 1st cheque sometime around mid July. Nothing else after that

Advertlets pending payment

OK

Advertlets pending payment

Hi,

I have not received the 2nd part of payment which has been agreed. It was said end of July and now is coming to mid Aug.
Thanks.

XXXXX

7th August, I emailed again to ask about my cheque that was due end of July. Reply only came 4 days later.
Advertlets pending payment

Hi XXXXX,

Thanks for letting us know. You should receive both cheques within this month.

Regards,

Advertlets Support

I got this mail on 11th August. Within this month? My foot! Today is 23rd Sept and where is my cheque? I think it is not even issued yet. I have wanted to post early this month, but was thinking that maybe POS Malaysia is so freaking lousy that it takes them 2 weeks to deliver a mail to Singapore. And now what? This is coming to END OF SEPTEMBER! Where is my cheque?

To all readers of Jialat dotCom, all visitors who reach through search engine,s who are referred from other sites such as Ping.sg, forget about earning with this lousy company. If you just signed up, just drop it. Do a search in Google, you can see many people complaining on their payments. They just suck.

I WANT MY MONEY! Do not tell me what problems you have, how difficult it is to clear customers payment or to run a startup. I am not interested to know. I have given enough time, patience and chance and I am fxcking fed up right now. You have problems, solve them, don’t tell me.

I have made another cash-out end of Aug. I expect the cheque to reach me on time and I seriously appreciate it. No more business with Advertlets.

A tip for all blogger with Advertlets: if one fine day you find your blog loading freaking slow, try taking down Advertlets ads. More than a dozen times, that solves my problems.

3 Singaporeans Quited Jobs, Went Hunting For Mas Selamat Full Time

Yes, there is S$1,000,000 reward now. And the Chinese saying of “重赏之下, 必有勇夫 (as long as the reward is great, there will be someone who is brave enough to take up the challenge)” is so true. 3 Singaporean gus quited their jobs, went to Indonesia to hunt for Mas Selamat, the crippled “horse” who fled from Whitley Detention Centre, Singapore, since 27th Feb. Yes it is 5 months ago and yes the government still has no clue where he is. The 3 guys plan to spend 1 year in Indonesia for this “mission”.

I wonder, if the government encourage such “brave” acts?

Trio quit jobs to go bounty hunting

By the way, I could not find any relevant news report from local press media. If you came across any, do let me know.

Singapore ERP Roadmap, Till 2015

The following few images show us what the authority’s planning to do with the powerful ERP, Every Road Pay, system in 2015.
ERP
ERP
ERP
ERP
ERP
Creative? Taken from some forums. Just for laughs.