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Money Articles

Yahoo! May Be Dumping A Lot More People
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If there is any merit to an anonymous tip received by Silicon Alley Insider, about 3,500 Yahoo! employees may be losing their jobs when the company begins it’s next set of layoffs.

YouTube Putting Commercials in Videos
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The other day, YouTube released its "HotSpots" feature as part of YouTube Insight. It is an analytics feature that allows users to pinpoint the moments in their videos that are the most popular.

Microsoft Approved for $40 Billion Share Repurchase

Microsoft’s board of directors has approved a share buyback for Microsoft to the tune of $40 billion, with an expiration date of September 30, 2013.

The board also declared a quarterly dividend of $0.13 per share, reflecting a two cent or 18 percent increase over the previous quarter’s dividend. Said dividend is payable December 11, 2008 to shareholders of record on November 20, 2008. The ex-dividend date will be November 18, 2008.

Google: Yahoo! Deal Not Bad For Competition

The other day, Eric Schmidt blamed Microsoft for fanning the flames of controversy over Google’s proposed advertising deal with Yahoo!. He did also note, however, that Google had probably failed to explain the deal well enough, and that this had contributed to said controversy as well.

ebay Looking to Unload StumbleUpon?
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StumbleUponTechCrunch is reporting eBay is trying to unload StumbleUpon, citing "sources with knowledge of the sale process." eBay is apparently using Deutsche Bank to find a suitable buyer, and the asking price has not been disclosed.

Microsoft Gets Back a Good Chunk of Money From Immersion

ImmersionMicrosoft just got back $20.75 million of the nearly $27 million it gave to Immersion six years ago. Perhaps this contributed to the willy-nilly half a billion dollar investment it just made in acquiring Greenfield Online.

The Past

The Cost Of A Video Ad On YouTube

$175,000 per day, says Forbes in July, with an additional $50,000 that need to be spent on Google/ YouTube ads. (New ad formats may come up too, Silicon Alley Insider reports.)

Hollywood.com Sold to Its Own Owner

In a move that comes across like something Jimmy James from Newsradio would do, Hollywood Media chairman and CEO Mitchell Rubenstein has sold the company’s Hollywood.com domain to R&S Investments, which is controlled by Mitchell himself and Hollywood Media President Laurie Silvers.

Significant Backing for Mobile Video Streaming Service Qik

Mobile video streaming service Qik just got some new big-wig investors. Ning co-founder Marc Andreessen (who is also a Facebook board member) and HP’s business tech manager, Ben Horowitz have invested an as-of-yet unspecified "significant" amount of money into it.

Facebook Basking in Glory
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It seems Facebook is all the rage, and MySpace is so over.

At least that’s the impression you’d get perusing news articles about them.

How Do You Think Twitter Can Make Money?

There’s a new Viewpoint column about Twitter, over at BusinessWeek. Before I go on, it’s important to note that Viewpoint’s are guest columns, not written by normal BusinessWeek staffers.

Pandora Reaching Its Epilogue?
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Pandora.com, an Internet radio site that I am personally quite fond of is hitting a rocky patch (if you’re not familiar with Pandora, WebProNews recently chatted its CEO Tim Westergren, so check that out).

AOL Looks to Redeem Some Ad Revenue
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It was recently announced that Time Warner would be selling off AOL split into different sections, with the dial-up business going to one buyer, and the advertising and content part going to another.

In fact, Time Warner reported that AOL’s display ad revenue had dropped a whopping 14% in the quarter.

Conflicting Futures for Social Networks
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It is being said that major social networks like MySpace and Facebook, and perhaps social networks as we know them have reached their climaxes in terms of usage and monetization.

Om Malik says these networks are getting a "sanity check", citing new numbers from comScore:

Today there are numbers out from comScore that indicate plateauing growth for the big two — MySpace and Facebook — in the U.S.

MLB Doesn’t Like Others Making Money Off Your Fantasies
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Fantasy sports are a billion-plus per year industry, which seems to have just dawned on Major League Baseball (MLB) execs.

Fantasy sports, specifically fantasy baseball seem to be as popular as ever even though they’ve been around for something like twenty-five years according to the LA Times.

Facebook Borrows $100 Million for Growth Purposes

Facebook is borrowing $100 million to accommodate growth on the site. The money, from venture loan firm TriplePoint, brings the amount raised to around $350 million.

The site has grown quickly and needs around 50,000 more servers to handle the load. Facebook has over 70 million active users and around 109 million monthly visitors.

Reznor’s Bad Internet Tax Idea

There’s a great interview with Trent Reznor of Nine Inch Nails up at CNET, in which he talks about his experience with the Saul Williams album he recently released as a “pay what you want” download (which I wrote about here).

MSN Money Wants Its Day In The Sun

Overcoming the inertia that keeps people going to other financial sites confronts Chris Jolley, group manager at Microsoft’s Financial Products Group, every day. He believe MSN Money deserves a look.

AOL Cashes In Money & Finance Beta

AOL will go head to head with Yahoo Finance as well as competition from Google and Microsoft, with all of these big Internet players looking for valuable financial news readers.

Blogs Giving Mainstream Media a Run for its Money

Last week I read an interesting article by the Alley Insider that I’ve been dying to share – mainly because it included the following Nielsen chart that revealed an interesting comparison of sites.

Secret To Monetizing Your Site
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So maybe you’re thinking to yourself; Hey, I need to start making some money online. Maybe you’re one of those that had that thought a while ago now… but aside from maybe the being online part