DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

The Microsoft - Google battle was back in the headlines this week with both companies announcing acquisitions in the online advertising space and increased speculation about the future of Yahoo. On the acquisition front, Google (NASD: GOOG) announced on Tuesday that it has received approval from the European Commission for its $3.1 billion acquisition of DoubleClick, the final step to completing the transaction. Google chairman and CEO Eric Schmidt applauded the announcement noting that "with DoubleClick, Google now has the leading display ad platform.”

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

I spent the past week at our Digital Music Forum in New York City with 500 senior industry insiders immersed in two days of high level discussions about the future of the music industry. I don’t often toot our own horn, but this was one heck of a great event.

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

It was a crazy week for all of us at DMW with much of our time spent on planning three major events we are producing in the coming weeks: Digital Music Forum East in New York City, February 26-27; The Millennials Canada in Toronto, March 5; and Future of Television West in Los Angeles, March 24-25. We have been producing the entertainment industry’s leading digital events for years, but developments over the past year have really increased the profile of our events, which now attract large (often standing room only) crowds and camera crews from leading media outlets, such as CNBC, CNN, PBS and the BBC.

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

The week started with a bang on news that Yahoo Inc’s (NSDQ: YHOO) board rejected Microsoft Corp.’s (NSDQ: MSFT) unsolicited $44.6 billion offer for the company.

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

In the days following Microsoft’s (NASD: MSFT) announcement of its unsolicited $44.6 billion takeover bid for Yahoo (NASD: YHOO), much of the news focused on the battle between Google and Microsoft to color the other’s motives as anti-competitive. As reports surfaced that Yahoo may try to avoid being acquired by Microsoft by giving control of its search advertising to Google in exchange for a large revenue share (although nothing has made public by either Google or Yahoo on this), Microsoft reportedly began lobbying government officials to block any such deal between the two on antitrust grounds setting the stage for what is likely to be a long and public battle between Google and Microsoft over control of the Internet.

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

In my column last week, I predicted that there may be a silver lining in Yahoo’s recent troubles and low share price in the form of a possible takeover bid from rival Microsoft. Voilà! In a bold move that sent ripples through Silicon Valley before sunrise on Friday, Microsoft (NASD: MSFT) announced that it has made an unsolicited $44.6 billion takeover bid

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

There was no shortage of news for the week of Jan. 21-25. The biggest story: The Federal Reserve lowered the benchmark federal funds rate by three-quarters of a percentage point to 3.5%, its lowest level since September 2005, but the Fed’s actions couldn’t stop an already shaky stock market from continuing its downward spiral. After a sharp mid-week increase on news of the rate cut, the DMW100 ended slightly lower on the week.