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.
Discussion:
Internet Outsider, IP Democracy, Deep Jive Interests, paidContent.org and Microsoft News Tracker
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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 …
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 …
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:
IP Democracy, broadbandreports.com, Digital Destiny, The Channel Changer, madisonian.net and Valleywag
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.
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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Parija B. Kavilanz / CNNMoney.com:
Top-secret Elmo revealed! — Fisher-Price's 10th anniversary of the Sesame Street doll is a hysterically laughing, belly-clutching, floor-thumping extreme version of itself. — NEW YORK (CNNMoney.com) — The much-anticipated top-secret 10th-anniversary Elmo, code-named "T.M.X. Elmo" …
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 …
Frank Ahrens / Washington Post:
FCC Wireless Auction Could Open Up Airwaves — Cellphone customers should soon encounter fewer dead spots in their coverage areas and more easily use next-generation phones that play television-quality video and perform other high-tech tricks, thanks to a Federal Communications Commission spectrum auction that concluded yesterday.
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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 …
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 …
Brian / Copyblogger:
5 Simple Ways to Open Your Blog Post With a Bang — What's the second most important part of your blog post after the title? — Master copywriter Eugene Schwartz often spent an entire week on the first 50 words of a sales piece — the headline and the opening paragraph.
Discussion:
Blogging Pro
Michael Arrington / TechCrunch:
PicksPal Could Disrupt Sports Betting Markets — Tom Jessiman, the founder of PicksPal, stumbled onto something that could change the way we predict sporting event outcomes. And it could therefore have a big impact on sports betting markets. — PicksPal is a free sports site where people "bet" on upcoming games.
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.
