Top Items:
Michele Gershberg / Reuters:
Yahoo sees Q3 rev at lower half of range, shares drop — NEW YORK (Reuters) - Yahoo Inc. (NASDAQ:YHOO - News) said on Tuesday it expects third-quarter revenue at the bottom half of its forecast range due to weakness from two of its biggest advertising segments, sending shares down as much as 13 percent.
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Marshall Kirkpatrick / TechCrunch:
Yahoo! stock plummets as CEO says ad sales are slowing — Yahoo! stock has dropped more than 13% today since CEO Terry Semel told investors that ad revenue is slowing in the automotive and financial sectors. The company's third quarter sales and profits will likely be at the low end of forecasts, the company's CFO confirmed.
Discussion:
Scobleizer
Scott Karp / Publishing 2.0:
Yahoo Sees Slowdown In Auto and Financial Ads...But Why? — Yahoo dumped a bucket of cold water on the (irrational?) exuberance over the torrid growth in online advertising, warning investors that their revenue for Q3 would come in at the low end of their forecast due to an unexpected slowdown in auto and financial services ads:
Discussion:
The Universal Desktop
Rafe Needleman / CNET News.com:
Microsoft Soapbox is no threat to YouTube, yet — Microsoft's YouTube competitor, Soapbox on MSN Video, is in private beta [news story]. We wheedled our way on to the invite list and gave it a spin. The beta program will expand shortly. — Soapbox is Microsoft's user-generated video site …
Discussion:
Techdirt, Download Squad, TechBlog, point being, Good Morning Silicon Valley, CyberNet Technology News and Slashdot
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Gary Gentile / Associated Press:
Disney Sells Films Through iTunes Store — Walt Disney Sells 125,000 Digital Copies of Films Through iTunes Store in Less Than a Week — LOS ANGELES (AP) — The Walt Disney Co. has sold 125,000 digital copies of films through Apple Computer Inc.'s iTunes store in less than a week …
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commerce.senate.gov:
Bipartisan Poll Shows the Majority of Americans Favor Video Choice Over Onerous Net Neutrality Regulations — WASHINGTON, D.C. - A new bipartisan poll released today finds that an overwhelming majority of American voters favor video choice over onerous "Net Neutrality" regulations.
Discussion:
broadbandreports.com, madisonian.net, Digital Destiny, The Channel Changer and Valleywag
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Ben Fritz / Variety:
Yahoo tests 'Right' to MP3 downloads — Netco puts McCartney album online — Yahoo! is looking to end Apple's and Microsoft's dominance of the technology behind online music. — In a first for mainstream pop music, Yahoo! will sell Jesse McCartney's new album "Right Where You Want Me …
Joel Spolsky / Joel on Software:
Amazing X-Ray Glasses from Sprint! — Over the last six months, Sprint has been trying to get bloggers (like me) to write about their new Power Vision Network by sending us free phones and letting us download music and movies and use the phones for free. — That's rather nice of them …
Nancy Stauffer / web.mit.edu:
Engine on a chip promises to best the battery — MIT researchers are putting a tiny gas-turbine engine inside a silicon chip about the size of a quarter. The resulting device could run 10 times longer than a battery of the same weight can, powering laptops, cell phones, radios and other electronic devices.
Valleywag:
Click here to dance: Record companies, it's finally time for the Creative Commons license — Music publishers still struggle to maintain relevance in an online world, as YouTube's deal with Warner Music yesterday revealed. Some bloggers praised the video site for "getting …
Evan Blass / Engadget:
FCC spectrum auction ends after 161 rounds — We're sure that you've been following the FCC's blow-by-blow coverage of the AWS (Advanced Wireless Services) spectrum auction as closely as you would the "So You Think You Can Dance" competition, but just in case you've been busy for the last 161 rounds …
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Marshall Kirkpatrick / TechCrunch:
Moo: Flickrize your business cards — Moo is an online printing service that now lets you turn your Flickr photos into small business cards. After logging in to your Flickr account, there's a nice drag, drop and crop interface. The end result are thick, glossy cards that are long and narrow and about half the size of regular cards.
Discussion:
Boing Boing
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Red Herring:
Eventful Snares $7.5M — Company compiles events and lets users demand favorite acts. — Bay Partners—joined by notable names Draper Fisher Jurvetson, Omidyar Network, and Esther Dyson—took a $7.5-million second-round stake in Eventful.com on Monday. — The investment brings Eventful's total funding to $9.6 million.
Nathan Weinberg / InsideGoogle:
BALLSY GOOGLE KICKS BELGIAN NEWSPAPERS' ASSES — Sometimes Google just makes me jump up and pump my fist, yelling, "Yes! You show those motherf-ers!" This is definitely one of those times. Google responding to Belgian newspaper's complaints about being included in Google News and the Google cache …
New York Times:
Fuzzy Laws Come Into Play in the H.P. Pretexting Case — Despite the California attorney general's assertion that he has enough evidence to press charges against people inside and outside Hewlett-Packard, a criminal case may be hard to prosecute, legal specialists say.
Paul R. La Monica / CNNMoney.com:
Murdoch unveils MySpace ambitions — News Corp. chief says company plans to launch social networking site in places like China, aims to overtake YouTube. — NEW YORK (CNNMoney.com) — News Corp. Chairman and CEO Rupert Murdoch said Tuesday that his company has big plans for its popular social networking site MySpace.
Kate Kaye / ClickZ:
A Google Trial Ties Ad Position to User Behavior — A Google AdWords experiment that optimizes ads based on individual user behavior could raise rates for advertisers. Search marketing mavens have chattered about the premium listings changes, and now Google has confirmed it is exploring alterations …
