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Online advertising revenue reached a record high of $21.2 billion in 2007, according to a new report published by the Interactive Advertising Bureau.
Continue reading Online Ad Revenue Soars Past Radio, TV.
CBS today announced it would be acquiring CNET Networks Inc. for $1.8 billion, launching the company as a major online force. CNET's network sites include CNET.com, ZDNet, GameSpot.com, TV.com, CNET News, UrbanBaby, BNET, CHOW and Search.com, among others.
A reminder that next Tuesday, the Social Media Club Boston and PRSA Boston are putting on a great program on The Future of Journalism in a Social Media World.
Continue reading Boston Social Media Event: The Future of Journalism.
A California court has ordered two spammers to pay MySpace
$234 million dollars in what is being called the largest CAN-SPAM ruling since
the law was enacted 15 years ago.
HBO and Apple announced this week that for the first time, programming from the cable channel will be available for sale and download via Apple's iTunes store. The programs available include "The Sopranos," "Sex and the City," "Deadwood," "Rome," "Flight of the Conchords," and "The Wire."
Popular social networking site Facebook has reached an agreement with attorneys general in 49 states to work together to make the site safer for younger users, including efforts to stymie online predators.
Yahoo has announced SearchScan, the product of a new partnership with McAfee, which will warn users of websites that present potential security risks. McAfee technology will automatically be incorporated into Yahoo searches, and any suspicious sites will flagged with a red letter warning.
Microsoft has
announced that it will no longer pursue the acquisition of Yahoo after months of
maneuvering and speculation. The company has withdrawn a bid to purchase the
company at a price of $47 billion, or $33 dollars per share.
The Associated Press has announced a new service for iPhone users this week, with over 100 of the AP's member newspapers agreeing to syndicate their content. The news stories will be targeted according to location, with the iPhone user's zip code determining the content they receive.
Executives at eBay have a new headache today, thanks to new competition called Wigix, or the "Want it, Got it Exchange." The new service, just launched into public beta, aims to simplify the process of listing and searching for online auction items.