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SAP admits to corporate espionage against Oracle — Uh oh, we've got ourselves a true-blue corporate [competitive intelligence] espionage fiasco exploding on the international stage. Germany's SAP has admitted to "inappropriate downloads" from arch-rival, Oracle in the US.
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Inquirer
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SAP admits Oracle downloads — SAP has admitted its TomorrowNow unit carried out "inappropriate downloads" of documents from its rival Oracle, but said SAP had not accessed the material. — Oracle is suing SAP, accusing it of hacking into its computer network and stealing vital product information.


Zoho Launches Facebook Apps: Web Office Meets the Young — One of the web office suites I'm fond of is Zoho, which has been slowly building up its user base since day one. Today, Zoho announced three applications for Facebook — Writer, Sheet, and Show — which might just do their part …
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Mashable!
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Four factors determine how much a Facebook app is worth
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Download Squad

All aboard — We're pleased to announce that we have acquired GrandCentral Communications, a company that provides services for managing your voice communications. GrandCentral is an innovative service that lets users integrate all of their existing phone numbers and voice mailboxes into one account …
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Todd Watson, Mashable!, GigaOM, IP Telephony, VoIP, Broadband, Search Engine Roundtable, TechCrunch, Read/WriteWeb, Googling Google, michael parekh on IT, rc3.org, Internet Marketing Monitor, Rev2.org, Computerworld, Change Is Good, Mark Evans, Insider Chatter, Search Engine Journal, Webware.com, Marketing Pilgrim, StartupSquad.com, Screenwerk, alarm:clock, CostPerNews, Google Blogoscoped, CenterNetworks, Download Squad, WebProNews, paidContent.org, Bits, Global Neighbourhoods, Between the Lines, Googlified, HipMojo.com, Byte of the Apple and digg
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Deal is Confirmed: Google Acquired GrandCentral
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CrunchGear, Great Falls Ventures, BloggingStocks, CrunchBase, mathewingram.com/work and MarketingVOX

The Pmarca Guide to Startups, part 6: How much funding is too little? Too much? — In this post, I answer these questions: … The first question to ask is, what is the correct, or appropriate, amount of funding for a startup? — The answer to that question, in my view …

Russian Online Music Service Closes — AllofMP3.com, a Russian online music service accused of skirting copyright law, has shut down but may be back in business elsewhere on the Internet, authorities said yesterday. — The Web site gained attention for selling digital albums cheaply …
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AllOfMP3 Shut Down by Russian Government
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p2pnet, Information Overlord, The Tech Report, hypebot, TechSpot News, Associated Press and digg

Nintendo Wii Outsells Sony PS3 6-to-1 In Japan - Publisher — TOKYO (AP)—Nintendo Co.'s (NTDOY) Wii video game console outsold Sony Corp's (SNE) PlayStation 3 by six to one in June in Japan, a Japanese publishing company said Monday. — Although the Wii has been on sale since late last year …
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DailyTech
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Google Makes FeedBurner MyBrand Free — Google is about making things accessible to everyone and one of the way to make this happen is to buy a service or software that used to cost money and release it for free. Google did this with Keyhole (now Google Earth), Picasa, SketchUp …


Youtube, SKorea's LG agree to develop mobile phone — SEOUL (AFP) - South Korea's LG Electronics said Tuesday it has signed an agrement with YouTube, the world's biggest video-sharing website, to develop a mobile phone which can operate the service. — LG Electronics said the proposed model …

Three Developments Driving Local.com Shares Into A Frenzy — Eric Savitz (Barron's) submits: Yowza! Local.com (LOCM) has been, until recently, a sleepy stock, trading nearly by appointment, with a focus on operating a search engine intended to help people find local businesses.

BSA raises reward to $1M for reports of piracy — (InfoWorld) - The Business Software Alliance (BSA) has temporarily raised the reward that's part of controversial program encouraging people to report software piracy from $200,000 to $1 million, the trade group announced Monday.
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Engaging at Any Speed? Commercials Put to Test — In new experiments for NBC, people are hooked up to sensors as they watch television, and researchers observe changes in their heart rate, palm sweat, eye movement and breathing patterns. — But the panelists are not watching just NBC programs.

British media organizations look to U.S. market and beyond — LONDON: An article about the ex-girlfriends of Fred Thompson, the former U.S. senator and likely Republican presidential candidate, last Monday drew 200,000 visitors to the Web site of the Times newspapers of London.
Discussion:
paidContent.org

Google appeals Belgian copyright law, talks ongoing — BRUSSELS (Dow Jones)—Google Inc. (GOOG : , , ) has filed an appeal against a Belgian court's February ruling that it violated Belgian copyright law, but says talks are ongoing and it hopes to avoid further court action.

iPhone hackers disclose vulns and hunt for clues — The game is on for hackers trying to spot security vulnerabilities in Apple's iPhone and already they're scoring points. — Less than 72 hours after the iPhone's introduction, researchers have reported at least one flaw that could allow …

Five Bad Ideas from the Past Five Days — None of these was worth an entire post. — Universal Music Group Refuses to Renew Apple's Annual License to Sell Their Music on iTunes: So this is what it looks like when an industry that has existed for decades begins to die. I wonder who's going to lose out more?

Apple denies big record label may quit iTunes — Universal reportedly won't sign a long-term contract for music — Apple Inc. denied reports Monday that record label Universal Music Group did not plan to renew its contract to sell songs on its online iTunes Store.