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:
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 …
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Robert Scoble / Scobleizer:
Don't send bloggers stuff for free unless it's good — A lesson to corporate types: it's good to catalyze conversations by sending out free stuff, but only if you're pretty sure you're already best of breed. For an example read Joel Spolsky's report on a Sprint Phone he got to try out cause he's a blogger.
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:
IP Democracy, madisonian.net, broadbandreports.com, The Channel Changer, Digital Destiny and Valleywag
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Anne Broache / CNET News.com:
Tech manufacturers rally against Net neutrality — WASHINGTON—Producers of networking hardware and applications gathered around a podium at the U.S. Capitol on Tuesday with a single message: Not all "high-tech" companies support so-called Net neutrality legislation.
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 …
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 …
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 …
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.
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Ryan Block / Engadget:
Engadget's relaunch giveaways: let's start with a Zune — Ok, we have the new site with all the fun new features (and a few bugs to go along with it), but we still have yet to celebrate. Since we're still a ways out from flying everyone to Aruba for the weekend to party with the Engadget staff …
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.
Plesstv / Beet.TV:
Emmy New Media Chief Tells Beet.TV the "Golden Age of Television Is Now!"..... Google Introduces Captions/Subtitles for Video Clips — Shelly Palmer heads the committee charged with following the evolution of television for the National Academy of Television Arts & Sciences, better know as the Emmys.
Microsoft:
Microsoft Legal Action Aims to Help Fight Piracy — Twenty lawsuits allege illegal software sales, while new forensic analysis shows risks of counterfeit Microsoft software to consumers and businesses. — As part of Microsoft Corp.'s commitment to honest business partners that distribute …
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 …
Kevin La Rue / sipphone.com:
All Calls Free plan plus Asterisk PBX support provides intra-company calling for free — SIPphone, Inc., developers of the free Gizmo Project Internet calling and IM software, today announced their All Calls Free calling plan is available for businesses worldwide, providing significant savings …
Joe Garofoli / The Technology Chronicles:
Yahoo hooks up with Current TV — We finally learned the secret project that Madeleine Smithberg, Emmy Award-winning co-creator of "The Daily Show with Jon Stewart" was working on for San Francisco-based Current TV, the Al Gore-founded network and Web site.
