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DMW Daily, November 7, 2008

Top Stories
o Microsoft's Ballmer: Not Interested in Yahoo Bid Anymore
o eBay Closes $945 Million Deal for Bill Me Later
o SanDisk to Cut 15% of Staff in Cost-Saving Move
o Game Publisher Brash Lays Off 20; Release Slate Being Cut
o Georgia Tech Launches Center for Music Technology
o Behavioral Online Ad Firm Adknowledge Buys Lookery
Opinion & Analysis
o Analysis: Is Social Media Becoming The New MBA?
Briefly Noted
o CEO: MySpace Might Develop Digital Music Player
o No Good TV Inks Production Deal With Mark Burnett Prods.
o Atari to Publish "Ghostbusters" Game in 2009
 Top Stories
o Microsoft's Ballmer: Not Interested in Yahoo Bid Anymore 
Sydney, Australia - Microsoft CEO Steve Ballmer said on Friday that the company is no longer interested in acquiring Yahoo, but suggested a search partnership may still be possible, the Associated Press reported. [more..]
o eBay Closes $945 Million Deal for Bill Me Later 
San Jose, Calif. - eBay, the online auction giant, said on Friday that it has completed its $945 million acquisition of Bill Me Later, developer of a service that allows customers to pay for their online purchases without using a credit card. [more..]
o SanDisk to Cut 15% of Staff in Cost-Saving Move 
Milpitas, Calif. - SanDisk, the maker of Flash memory cards and MP3 players, is cutting 15% of its staff, or about 450 employees, as part of a cost-saving initiative, according to reports. [more..]
o Game Publisher Brash Lays Off 20; Release Slate Being Cut 
Los Angeles - Video game publisher Brash Entertainment has laid off 20 of its employees and is in talks to possibly return licenses to movie studios it had acquired to produce movie-based games, Variety reports. [more..]
o Georgia Tech Launches Center for Music Technology 
Atlanta - Georgia Tech on Friday announced the launch of its new Center for Music Technology, with more than 20 researchers from the arts, sciences and engineering. [more..]
o Behavioral Online Ad Firm Adknowledge Buys Lookery 
Kansas City, Mo. - Adknowledge, a provider of behavioral online advertising services, announced that it has acquired the ad business of Lookery for an undisclosed sum. [more..]
 Opinion & Analysis
o Analysis: Is Social Media Becoming The New MBA? 
The best MBA programs will need to continue to innovate and offer candidates more than they can already get for free through social media and the Internet, blogs Rohit Bhargava. [more..]
 Briefly Noted
o CEO: MySpace Might Develop Digital Music Player 
San Francisco - MySpace CEO Chris DeWolfe did not rule out the possibility that the company, which recently launched a digital music joint venture with the major record labels, may at some point enter the market with its own branded digital music player, Reuters reported. [more..]
o No Good TV Inks Production Deal With Mark Burnett Prods. 
Beverly Hills, Calif. - No Good TV, an online entertainment network that creates unscripted, celebrity-based entertainment programming, announced on Friday a deal with Mark Burnett Productions that covers multiple programming genres and media formats. [more..]
o Atari to Publish "Ghostbusters" Game in 2009 
New York - Video game publisher Atari announced on Friday that it is developing "Ghostbusters: The Video Game," based on the classic film franchise that grossed over $500 million at the box office. [more..]