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Google Announces $700 Million Acquisition of ITA Software
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Google announced that it has signed an acquisition agreement with ITA Software. Reports of talks surrounding such an acquisition were revealed in April, but talk heated up again this week, mostly regarding issues of concern expressed by many in the travel industry.

Marissa Mayer, Google’s VP, Search Products & User Experience, has now posted to the Official Google Blog that an agreement has been signed. She writes:

MySpace Partners With Orange In France

In Europe, Orange is an almost omnipresent organization – the third-biggest mobile operator and the second-biggest broadband Internet provider, according to its own stats.  And so it seems MySpace has made an interesting compromise by entering into an advertising and content partnership with Orange in France today.

WordPress Introduces Post By Voice
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Wordpress has just introduced a new feature that lets you update your blog by calling a phone number speaking. Wordpress users can go to the My Blogs tab, enable "Post by Voice" and get a special phone number to call for their blogs.

Calling the number and recording a message will post an audio file to the blog, which can then be published to Facebook, Twitter, etc. with the Publicize feature.

Google Wants Your Grandma to Use Video Chat in Gmail
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Google has posted a video and an accompanying, printable guide for grandmothers to understand how to use Gmail’s video chat feature.

Google wants you to be able to easily show your grandparents how to use Gmail video chat, because let’s face it: a lot of grandparents aren’t hip to all of the latest web trends (if you are a grandparent that is hip to them, than good for you!).

Microsoft: Ad Rank on Yahoo and Bing Will Be the Same
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Microsoft has posted some FAQ’s and their respective answers in an update on its Search Alliance with Yahoo. There’s not a ton of new information, but, there are no doubt plenty of questions surrounding the transition, scheduled to get underway in time for the holidays.

Disney Reportedly Acquires Tapulous, Makers of Tap Tap Revenge

TechCrunch is reporting that Disney has acquired Tapulous, the makers of popular iPhone game Tap Tap Revenge. Very few details are given around this news or its source, but the publication says Tapulous founder Bart Decrem, who will join Disney as a VP.

Ask BP Oil Spill Questions Via YouTube at 3:30 Eastern
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YouTube has partnered with PBS NewsHour on an interview with Bob Dudley, President and CEO of BP’s Gulf Coast Restoration Organization. This is a chance for people and organizations to ask questions related to the oil spill and get responses from BP.

Apple’s iAds Now Appearing for Users
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Apple’s iAds are making their way into the wild after weeks of hype. MacRumors.com says, "their presence appears to be very spotty on iAd-compatible applications at the moment with banners appearing only occasionally while at other times the apps simply show blank space in the banner location."

HP’s Acquisition of Palm is Complete
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Update: The acquisition is now complete. See releases from HP and Palm.

Original Article (04/28): Hewlett-Packard just announced its intent to buy Palm for $1.2 Billion at $5.70 per share. The transaction has already been approved by the HP and Palm boards of directors.

PandaLabs Warns Of Tabnabbing Phishing Scams

In the second quarter of 2010 Trojans accounted for nearly 52 percent of malware, according to a new quarterly report from PandaLabs.

Traditional viruses have their comeback since the start of 2010, now accounting for nearly 25 percent of all malware compared to 15 percent in Q1.  PandaLabs says the increase is due in part to a small handful of hybrid viruses that are replicating themselves at high rates.

 

PayPal X Platform Toolkit Available for Google App Engine

PayPal is offering a new open source toolkit for Google App Engine that lets you integrate Java apps running on App Engine with the new PayPal Adaptive Payments API. The Adaptive Payments API lets developers embed payments into their apps, services, and platforms.

Google Celebrates Gay Pride Around the World
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Google is highlighting its Gay pride efforts in a post to the official company blog today.

Google says about 300 of its employees marched in the 40th annual Pride parade in San Francisco, and more participated in various events in Boston, New York, Chicago, Tel Aviv, and Haifa. Googlers will also take part in EuroPride in Poland, parades in Tokyo and other cities, and will celebrate Pride season in Singapore.

Groupon and McClatchy Team Up on Deals at Newspaper Sites
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Groupon has signed a national agreement with The McClatchy Company to distribute exclusive content to McClatchy’s sites in 28 U.S. markets.

Visitors to McClatchy sites will get deals from Groupon that aren’t even available at Groupon.com. These will initially launch in Sacramento and Kansas City, with other regions following over the coming months.

iPhone 4 Antenna Issues Draw Legal Trouble
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Apple’s iPhone 4 antennas have been the subject of much criticism and grief throughout the tech community since the device’s recent release. Reception was certainly not the only complaint, but it has definitely been the most frequent one.

Google Explains Cloud Computing Benefits to Washington
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Mike Bradshaw, Director of Google Federal, is delivering a testimony before the House Committee on Oversight and Government Reform today. This will take place during a hearing on federal IT and cloud computing.

On the Google Public Policy Blog, Google has listed the three main points that Bradshaw will make:

Spending on Rich Media and Social Ads for Mobile on the Rise

Millennial Media has released its latest S.M.A.R.T. (U.S. Scorecard for Mobile Advertising Reach and Targeting) report on how the mobile web is increasing. This includes more users, longer sessions, advertisers targeting more campaigns, etc.

The report also indicates a significant increase in advertisers’ spend on rich media, and an increase in campaigns sending consumers to social media sites.

Yahoo Prepares For $3 Billion Stock Buyback

Yesterday, Yahoo’s stock hit a new 52-week low, touching $13.79 before closing at $13.84.  Things are looking rather brighter this morning, though, as the stock is up to $14.09 following a declaration that Yahoo may buy back $3 billion in common stock.

DMA Sues Colorado Over Internet Sales Tax Law
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The Direct Marketing Association (DMA) has filed a lawsuit in federal court against Colorado challenging the constitutionality of a new law that requires online retailers outside the state to collect sales tax information from customers and turn it over to the state’s Department of Revenue.

The DMA says the law constitutes an "unprecedented invasion of consumer privacy," and also unfairly discriminates against interstate commerce because the law is targeted at only out-of-state retailers.

Local.com Pays $5m for Local Ad Solution Provider Octane360

Local search site Local.com has acquired Octane360, a provider of domain-based local ad solutions for small businesses, domain portfolio owners, agencies and channel partners.

Local.com is paying $5 million in cash and stock, with an earnout of up to $5.9 million if certain performance criteria are met in the two-year period following the closing.

Yahoo Mail for iPhone Gets an Upgrade
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Yahoo has upgraded its HTML5 mobile web mail experience for the iPhone and iPod Touch, with a faster and more feature-rich version. It’s available as an opt-in trial, and has many of the same features as the desktop version.

Yahoo lists these properties of the offering:

Yahoo Releases First Ever Android Apps

Yahoo has launched Yahoo Mail and Yahoo Messenger apps for Android. These are the first Android apps Yahoo has ever offered.

Amazon Releases New KindleDX with Lower Price, Better Contrast

Amazon has introduced a new version of the Kindle DX with a lower price of $379 (down from $489) and 50% better display contrast.

Google Revamps Google News Homepage
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Google has made some changes to the Google News homepage.

"There’s an old saying that all news is local," says Google’s Kevin Stolt. "But all news is personal too—we connect with it in different ways depending on our interests, where we live, what we do and a lot of other factors. Today we’re revamping the Google News homepage with several changes designed to make the news that you see more relevant to you."

This video pretty much sums it up:

Accept Payments from Your Laptop with Android Payment Extension for Google Checkout
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Google has a new Android Payment Extension for the Google Checkout Store Gadget. This allows people to make purchases with their phones, and would be helpful to merchants who wish to accept credit cards.