Home › DMW Daily

DMW Daily, October 21, 2008

Top Stories
o Yahoo to Cut More than 1,400 Jobs by Year's End
o Google, Yahoo Extend Deadline for Antitrust OK on Ad Deal
o Accused Guns N' Roses Song Leaker Pleads Innocent
o Video Site Veoh Lays Off 15 Employees
o Accused File-Swapper Rejects $7,400 Settlement; Seeks Trial
o Lala Offers Unlimited, Ad-Free Streaming for $0.10 Per Song
o Limited Edition Beatles iPod Boxed Set Comes With Albums on CD
o Content Delivery Network Akamai Buys acerno for $95 Million
o Online Video Distributor Blip.tv Raises Funds
Opinion & Analysis
o Buzz Watch: Kevin Rose Demos Qik for the iPhone
Briefly Noted
o Netflix: 500,000 Are Blu-ray Subscribers
o Android Applications Released for Imeem, MySpace, Shazam
o In-Game Ad Network IGA Reaches 30 Million Gamers
o MySpace, World Poker Tour Team on Games Section
 Top Stories
o Yahoo to Cut More than 1,400 Jobs by Year's End 
Sunnyvale, Calif. - As widely expected, Yahoo on Tuesday announced plans to reduce its global workforce by "at least" 10% by year's end. [more..]
o Google, Yahoo Extend Deadline for Antitrust OK on Ad Deal 
Washington - Google and Yahoo have extended the Wednesday deadline proposed to give federal regulators time to examine their proposed online advertising partnership, according to reports. [more..]
o Accused Guns N' Roses Song Leaker Pleads Innocent 
Los Angeles - The man accused of posting songs from the long-awaited and unreleased Guns N' Roses album "Chinese Democracy" on the Internet on Monday pleaded not guilty to federal copyright infringement charges, Reuters reported. [more..]
o Video Site Veoh Lays Off 15 Employees 
San Diego - Video hosting site Veoh Networks, whose backers include former Disney CEO Michael Eisner's Tornante Company, has laid off 15-18 staff from its technical operations and engineering team in St. Petersburg, Russia, NewTeeVee reported. [more..]
o Accused File-Swapper Rejects $7,400 Settlement; Seeks Trial 
Los Angeles - A 20-year-old is demanding a trial rather than pay a proposed $7,400 to settle charges she shared 37 songs on the Kazaa file-sharing network back when she was in high school. [more..]
o Lala Offers Unlimited, Ad-Free Streaming for $0.10 Per Song 
Palo Alto, Calif. - Lala on Tuesday launched what it says is the first free digital music streaming service that is also free of advertising. [more..]
o Limited Edition Beatles iPod Boxed Set Comes With Albums on CD 
Los Angeles - While the Beatles' songs are still not available for sale from Apple's iTunes Store, department store chain Bloomingdale's has partnered with a custom laser etching firm to offer a limited edition Apple iPod boxed set that comes with all of the Beatles albums on CD, Wired.com reported. [more..]
o Content Delivery Network Akamai Buys acerno for $95 Million 
Cambridge, Mass. - Akamai Technologies, a provider of technology for delivering online rich media, transactions and applications, has signed an agreement to pay $95 million in cash for acerno, a New York-based provider of consumer behavior analytics technology. [more..]
o Online Video Distributor Blip.tv Raises Funds 
New York - Blip.tv, a distributor of original Web video shows, has raised an undisclosed sum of new funding, from Bain Capital Ventures. [more..]
 Opinion & Analysis
o Buzz Watch: Kevin Rose Demos Qik for the iPhone 
n/a
 Briefly Noted
o Netflix: 500,000 Are Blu-ray Subscribers 
Los Gatos, Calif. - Online DVD rental service Netflix has revealed that it expects 500,000 of its 8.7 million subscribers to receive their movie rentals on Blu-ray disc in the third quarter, Reuters reported. [more..]
o Android Applications Released for Imeem, MySpace, Shazam 
Los Angeles - A number of social media services on Tuesday announced the release of applications designed for Android, the mobile phone operating system developed by Google, including social music service Imeem, music identification service Shazam, and the MySpace social network. [more..]
o In-Game Ad Network IGA Reaches 30 Million Gamers 
New York - IGA Worldwide, an in-game advertising network, announced on Tuesday that its network now reaches 30 million unique users worldwide. [more..]
o MySpace, World Poker Tour Team on Games Section 
Los Angeles - News Corp.'s MySpace on Tuesday announced a partnership with the World Poker Tour, to create an online poker section on the social network. [more..]