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Google Investor Relations:
GOOGLE ANNOUNCES SECOND QUARTER 2008 RESULTS — Google Inc. (NASDAQ: GOOG) today announced financial results for the quarter ended June 30, 2008. — “Strong international growth as well as sustained traffic increases on Google's web properties propelled us to another strong quarter …
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Saul Hansell / Bits:
Google Deliberately Sells Fewer Ads — and May Have Gone Too Far — Listening to Google's executives on their conference call with investors Thursday afternoon, you'd never know that the company's second-quarter results fell short of expectations and its shares plummeted 10 percent in after-hours trading.
Discussion:
Furrier.org
Yi-Wyn Yen / Techland:
Analysts: Google investors “freaking out for nothing” — As far as second quarters go, Google had a decent one. But that minor detail got lost in the big tech news Wednesday as jumpy investors punished Google in after-hour trading by as much as 11% for missing Wall Street estimates.
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The Equity Kicker, WebProNews, CNET News.com, Traffick, Go West, Silicon Alley Insider, Valleywag and Search Engine Watch Blog
Rafat Ali / paidContent.org:
Google Buys Russian Contextual Ad Firm From Rambler For $140 Million — We have recently written about a flurry of Russian online deals, and this is among the bigger ones that have happened in the last year or so: Google has bought contextual advertising company ZAO Begun from it parent …
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Svetlana Gladkova / Profy.Com:
Google Monopolizes Contextual Ads Market Further - Buys Russian Begun — Today we have another proof that Google intends to control internet advertising in any way that it can. Today we are witnessing another acquisition by the global search giant - this time it's the largest contextual advertising company in Russia, Begun.
Discussion:
Mashable!
Om Malik / GigaOM:
Why Silicon Valley Should Be Worried — We have short memories in Silicon Valley, which is both a blessing and a curse. We forget the bad times as quickly as we forget the good times. — At the turn of the century, everything went to hell with the dot-com bust.
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SmoothSpan Blog:
Google Anti-Gravity Ray is Fading — When a company has a monopoly on an extremely valuable franchise that is growing rocket fast, all sorts of unreasonable things happen. That company levitates. Almost no amount of spending can bring it down to Earth. Until, that is, the growth begins to slow.
Sarah Lacy / Business Week:
On-Demand Computing: A Brutal Slog — The tough reality of the on-demand game is taking its toll on software companies hoping to make a mint distributing their wares via the Web — The Internet revolutionized the distribution of software—perhaps a bit too much.
Discussion:
Rough Type
Edward Kirk / iPhone Alley - RSS:
AT&T Finally Announces Free Wi-Fi For iPhone Users — in - news - AT&T - free stuff - Wi-Fi — Fantastic news from a friend with sharp eyes. AT&T has finally done something great for iPhone owners. No, they're not unlocking the iPhone. They're not giving it away for free, although it does involve “free”.
louisgray.com:
Twitter Chokes Unauthenticated API Requests By IP, Sites Gasp for Air — Twitter's struggles with handling high user load have been well documented. To help the embattled site stay up between Fail Whales, they've at times reduced features to just try and keep afloat, blocking the replies tab …
DigiTimes:
New Apple notebook orders to buoy up Taiwan PCB makers sales and profit — As Apple is said to have increased its procurement of notebook-use printed circuit boards (PCB) by 20% on quarter in the third quarter, with most of the ordered PCBs being high-interconnect density (HDI) boards …
Stacey Higginbotham / Business Week:
Venture Capital Loves Virtual — An army of startups developing tools to enhance our virtual lives attracted $345 million in venture investment in the first half of the year — Startups selling virtual goods and offering virtual experiences are raking in the venture capital these days.
Discussion:
DealBook
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Noam Cohen / Bits:
Wikipedia Tries Approval System to Reduce Vandalism on Pages — Wikipedia is considering a basic change to its editing philosophy to cut down on vandalism. In the process, the online encyclopedia anyone can edit would add a layer of hierarchy and eliminate some of the spontaneity that has made the site …
Eric Eldon / VentureBeat:
PodTech purchased by ViewPartner for less than half a million, ending a bloody story — PodTech, a company that publishes online and downloadable videos about new technology, has been sold — for less than half a million dollars, I've learned — to ViewPartner, a communications technology company.
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NewTeeVee, TechCrunch, Valleywag, The Inquisitr, CenterNetworks, Mashable!, Dembot, Silicon Alley Insider and HipMojo.com
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Michael Arrington / TechCrunch:
Amazon To Target $5.5 Billion Textbook Market With New Kindle? — Earlier this week Crunchgear broke the news on two new upcoming Kindle models: a smaller form factor Kindle to be released this year ahead of the holidays, and a large screen (probably 8.5×11) to come sometime next year.
Joseph Weisenthal / paidContent.org:
Microsoft Call: Online Ad Business Is Bad; Share Weakness Out Of Our Control — The audio on this call is very bad, so we may have to check the transcript later to see what we missed. Although the company's outlook is seen as weak, Microsoft (NSDQ: MSFT) CFO Chris Liddel characterized …
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Peter Kafka / Silicon Alley Insider:
Yahoo On Icahn: Seriously, Why Would You Ever Trust This Spent, Doddering Old Man? — Don't know why it took this long, but Jerry Yang and company are finally launching a media blitz, one that we think is doing an effective job of making their case. — One particular talking point they've …
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Jon Fortt / Big Tech:
New AMD chief knows the chips are down — Incoming AMD CEO Dirk Meyer is known as a top-notch chip designer. Image: AMD — AMD stock is hitting lows it hasn't seen in more than a decade. — Hector Ruiz is out as CEO of Advanced Micro Devices (AMD), Dirk Meyer is in.
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