Yahoo Hires Bain & Co. In Efficiency Push

Yahoo employees who want to keep their positions have been given some good news and some bad news.  The bad: an outside firm is going to conduct some sort of efficiency audit.  The silver lining: Bain & Company hasn’t traditionally swung as many axes as one might expect.

Music Industry Reaches Agreement On Online Royalties
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The Digital Media Association (DiMA), the National Music Publishers’ Association (NIMPA) and the Recording Industry Association of America (RIAA), along with the Nashville Songwriters Association International (NSAI) and the Songwriters Guild of America (SGA) have reached an agreement on how music creators will be compensated for music distributed online.

Yang Goes All In With New Ad Platform

If Jerry Yang is to be believed, Yahoo’s experienced a genuine "eureka" moment.  The company has launched a new digital advertising platform, and its CEO is comparing the platform’s importance to that of radio, television, and the Internet.

Digg Gets More Cash, Expanding Internationally
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Digg has raised an additional $27.8 million from a funding round led by Highland Capital Partners. The company has now taken nearly $40 million from investors over the last three years.

The O’Reilly “Hacked”-or
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Everyone knows that vice presidential candidate Sarah Palin’s Yahoo! email account was hacked into. Naturally Bill O’Reilly had something to say about that matter:

MySpace Partners With PayPal On Fundraising
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MySpace has partnered with PayPal to create the MySpace IMPACT/ PayPal fundraising widget that allows users to collect donations for non-profit organizations.

Internet Ad Spending Up 8%
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Total advertising spending in the first six months of 2008 decreased by 1.6 percent compared to the same period in 2007, according to a new report by TNS Media Intelligence.

Ad spending in the second quarter of 2008 was off 3.7 percent compared to last year, the sharpest quarterly drop since 2001.

Successful Blogger Makes Conan O’Brien and Ellen Show
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BlogWorldWebPronews anchor Abby Prince-Johnson was present for the keynote delivered by Gary Vaynerchuk of Wine Library TV at the BlogWorld Expo. Vaynerchuk talked about how "America is a branded society."

MySpace Compliments MySpace Music with Ad Service
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As we continue to await the launch of MySpace Music, the company has launched a new self-serve advertising platform for MySpace users. The program is geared toward bands, which would compliment MySpace Music’s launch quite nicely, though other users are free to advertise with it as well.

American Antitrust Institute Eyes Google-Yahoo Deal

A group called the American Antitrust Institute is probably the last thing Google or Yahoo wanted sticking its nose into their search deal.  Now the AAI has done so, though, and surprisingly, it doesn’t see the partnership as a completely objectionable proposal.

Get Relevant Quotes With Latest Google Labs Project
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The latest project to come from Google Labs is called "In Quotes". Basically what it does is pull quotes from stories linked to from Google News. You can search for a keyword or phrase, and it will find quotes talking about it.

Yahoo Messenger 9.0 Launches

Yahoo has launched its new Yahoo Messenger 9.0, instant messaging application for Windows XP and Windows Vista.

Board Meeting Kickstarts Yahoo-AOL Rumors
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Microhoo negotiations have come and gone.  We’re midway through a tussle over the potential Yahoogle search ad deal.  And now, as a report indicates that the Yahoo board has authorized talks, the latest odd name attached to a possible combination of Internet companies looks to be Yahaol.

Google Co-Founder or Desperate Man?
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Some guy is claiming to be the third founder of Google. Hubert Chang has released a video in which he talks about helping Sergey Brin and Larry Page come up with PageRank, Google’s business model, and even the name "Google" back in 1997, but chose to pursue his Ph.D at NYU rather than attach his name to the Google project. Listen to what Chang has to say:

Google Wants to Make the World a Better Place
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Google has always had the policy of not doing evil. This is a policy that critics of the company love to cite when they don’t approve of something Google’s up to. It goes without saying though, that Google’s 10th anniversary project, titled "Project 10100" or "10 to the 100th" is definitely the opposite of evil.

Really, Beshear? Is that your final answer?

Just read Mike’s piece on KY Gov. Beshear’s demand that international gambling sites block access to Kentucky users or forfeit their domain names. I’ve liked Beshear mostly, he took down a real crook of a predecessor in the last election …

Narcissists Have More Friends On Facebook
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Researchers at the University of Georgia have concluded there are lots of narcissists on Facebook, and you probably know one—or several. How do you know if your friend is a narcissist? According to the study, count the number of contacts he maintains, as well as the number of wall posts.

Are there a lot of them? While you’re at it, check for palm hair and sudden episodes of blindness. This person loves himself. A lot.

AOL Developing BidPlace Ad Exchange

This development hinges on some big assumptions: AOL needs to avoid being acquired, the economy must stay un-collapsed, and WWIII shouldn’t break out.  Still, if this all holds true until some unknown point in the first half of 2009, Platform-A will launch a new ad exchange.

The Android Phone T-Mobile G1

T-Mobile’s G1 phone was officially announced today. It’s going to be the first mobile phone based on Android, the Google-and-partners powered (and supposedly soon to be open source released) mobile operating system.

Technorati Releases State of the Blogosphere
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It’s kind of astonishing how swiftly society can shift these days. In 2005, when I started covering this industry, the guys at the local pub would look over the tops of their sports sections with blank or puzzled faces if you uttered the word “blog.”

American Mobile Users Text More Than Talk

Americans now send and receive more SMS text messages than they do mobile telephone calls, according to the latest research from Nielsen Mobile.

In the second quarter of 2008, the average mobile subscriber sent or received 357 text messages per month, compared to placing or receiving 204 phone calls.

Startup Companies At Blog World Expo


Nielsen: Total Searches Dropped In August
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Nielsen Online has released data regarding the August search market, and certain persistent trends were defied in small ways.  But a really interesting deviation popped up as the overall number of searches fell.

The Blogosphere Is Expanding

Two weeks ago, I gave a class on blogging.