Lately I have tried to become more systematic in the way I use and process the vast amount of information that is available on the web. I realized some time ago that it isn't enough to rely on chance and occasional browsing to pick through that information, but to depend on bookmarking and storing of newsfeeds. One obvious illustration of the necessity of newsfeeds is that most newspapers do not keep yesterday's news on their homepages. So if you miss a day, important articles have already been buried. But by subscribing to the newspaper in an rss reader, the articles are still easy to find a few days later.
A while ago I wrote how a beta service I'd tried suddenly died. This week the geek-niche social bookmarking site Ma.gnolia reported a loss of all its data. Users came to know about the existence of a certain Larry who, it turned out, had been running Ma.gnolia all along. Larry came in to say sorry, but there was no backup. He is doing what he can to recuperate data - but it sounds as if the future of Ma.gnolia is now in doubt. On the Ma.gnolia site, he is even suggesting that customers open an account at a competing service, diigo.