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iTunes Store Tops Three Billion Songs — Apple® today announced that more than three billion songs have been purchased and downloaded from the iTunes® Store (www.itunes.com). iTunes is the world's most popular online music, TV and movie store featuring a catalog of over five million songs …
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Music From Independent Labels to Be Sold via Cellphones — EMusic, the nation's second-largest online music seller after Apple's iTunes, plans to announce a deal with AT&T today that will allow people to buy songs from independent labels through their cellphones, without the need to go through a personal computer.
Discussion:
Engadget, last100, Mashable!, Contentinople, Silicon Alley Insider, PSFK and mocoNews.net

iTunes Store rings up 3 billionth song — The iTunes Store is on a roll and not slowing down any time soon. Apple announced this morning that over 3 billion songs have been sold through its online music store. The milestone not only marks a major feat for Apple, but also for the digital music industry as a whole.

Mozilla Foundation Security Advisory 2007-27 — Unescaped URIs passed to external programs — Impact: — Critical — Announced: — Reporter: — Jesper Johansson — Products: — Firefox, Thunderbird, SeaMonkey — Fixed in: — Firefox 2.0.0.6 — Thunderbird 2.0.0.6
Discussion:
Download Squad, DailyTech, Ryan Naraine's Zero Day, The Register, CyberNet Technology News and BetaNews
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Mozilla Foundation Security Advisory 2007-26 — Privilege escalation through chrome-loaded about:blank windows — Impact: — Moderate — Announced: — Reporter: — moz_bug_r_a4 — Products: — Firefox 2.0.0.5, Thunderbird 2.0.0.5, SeaMonkey 1.1.3 — Fixed in: — Firefox 2.0.0.6


Bug Labs (initial review) — I went to a real interesting dinner tonight in San Francisco, to get introduced to a New York-based startup, Bug Labs, along with Ryan Block of Engadget, Robert Scoble and Jerry Michalski. — We met with their CEO, Peter Semmelhack, and their San Francisco-based consultant, Jeremy Toemann.
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Bug - Slowly Coming Out Of Stealth — Bug Labs is certainly our most "out there" investment. Some of our investors have a hard time getting their head around it. Brad, who led this investment for us, is always very careful to explain that this is really a software/services bet, not a hardware bet.

Microsoft Works to become a free, ad-funded product — Microsoft's next version of its small-business/home productivity suite, due imminently, will be free and ad-funded. — Microsoft Works 9.0 — which will be the new product's name, if Microsoft opts to stick with its current nomenclature …
Discussion:
Bits, Andy Beal's Marketing Pilgrim, Compiler, Zoli's Blog, PC World: Techlog, Download Squad and One Microsoft Way
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Microsoft Offers Works For Free — Microsoft has released the new version of Microsoft Works as a free, ad supported office package that will compete directly with Open Office and Google Docs & Spreadsheets. — The Works package offers word processing, spreadsheet and slide (powerpoint) …
Discussion:
IP Telephony, VoIP, Broadband

Amp'd Dies At Midnight - Assets being auctioned off... att=1195795,r According to the company FAQ, today is the last day of service for the hipster-focused MVNO Amp'd Mobile, who recently filed for bankruptcy after nearly half of their very hip customers failed to pay their bills.
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Campaign Optimizer now available — Today, we're happy to announce the launch of a new ad performance tool called Campaign Optimizer. It's an on-demand AdWords tool that provides personalized campaign ideas in just minutes. We're always looking for ways to help you improve your account performance …
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Google Launches Campaign Optimizer For Automated AdWords Tips
Discussion:
SearchQuant

FCC to Set Airwaves Auction Rules as Google, AT&T Take Sides — U.S. regulators today set the rules for the government's biggest auction of wireless airwaves, with Google Inc. fighting against carriers such as AT&T Inc. to force the winning bidders to open up the spectrum to more users.
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Verizon Wireless To Acquire Rural Cellular Corporation, Expand …
Discussion:
Fractals of Change, DailyTech, Public Knowledge, Investor's Business Daily, Silicon Alley Insider and Phone Scoop


Phenom 3.0 demo surrounded by FUD — Let's dispel some of it — THERE HAS BEEN a great deal of speculation, FUD and outright whoppers about the AMD 3.0Ghz Barcelona/Phenom demo last week. Let's try to dispel some of it, and toss in a little more insight as well.
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The long hard road to open source — Will Microsoft's new licenses change the way we think about open source? Regular columnist Bill Thompson believes they could. — Microsoft has stirred up debate in the open source community by announcing that it will be submitting two licenses to the Open Source Initiative (OSI) for approval.


IAC Reports Q2 Results — IAC (Nasdaq: IACI) released second quarter 2007 results today, reporting $1.5 billion in revenue, a 6% rate of growth over the prior year, and $136 million in Operating Income Before Amortization, compared to $165 million in the year ago period.

Half of European calls to be mobile by 2008 — Mobile calls are replacing fixed-line usage across Europe, according to a new report from Analysys, but people aren't talking more, they're just using fixed-lines less. — The change has been most stark in Finland, where 2006 saw another 10 per cent …