SKorea approves eBay's purchase of top online shopping mall (AFP)
AFP - South Korea Thursday gave a conditional green light to Internet auction site eBay to acquire Gmarket, the country's top online auction and shopping mall. Full text
Google receives a visit from the Queen (CNET)CNET - Britain's Queen Elizabeth II joined the Web 2.0 generation today when she uploaded a clip to YouTube for the first time. Full text |
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Hands On with VideoSurf's Video Search Engine (PC Magazine)
Tom Cruise death report is "erroneous garbage" (Reuters)
Queen visit marked by royal Google doodle (AFP)
Obama buys first video game campaign ads (Reuters)
Playboy shedding DVDs in favor of online (Reuters)
New York Times widget tracks campaign donations (CNET)
EBay posts 3Q profit, reversing year-ago loss (AP)
U.S. newspaper stocks dive, analyst cuts estimates (Reuters)
Coelho praises Web book versions at Frankfurt fair (Reuters)
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MySpace finally rolls out music site with all labels (Reuters)
Reuters - News Corp's MySpace, the world's largest social networking site, on Wednesday unveiled a long-expected joint venture with all four major music companies in a bid to compete with Apple Inc's market-leading iTunes store. Full text
Aerosmith's Tyler sues over blog impersonations (Reuters)
Reuters - Aerosmith frontman Steven Tyler on Wednesday sued unknown bloggers who the singer said impersonated him on the Web, writing about the death of his mother and other "intimate details" from his life. Full text
Group asked to apologize for calling online vendors addicts (CNET)
CNET - An e-commerce advocacy group is fuming over the retail industry's portrayal of online vendors as addicts and criminals and is demanding an apology. Full text
Yahoo, MySpace Launch Ad Initiatives (PC Magazine)
PC Magazine - Yahoo on Wednesday announced an upgraded online advertising platform that promises to streamline the ad-buying process. Full text
MySpace tries to strike new chord in digital music (AP)
AP - Make room, iTunes. MySpace is hoping to shake up the digital music scene. Full text
Music, Tech Groups Join to Promote Legal Content (PC Magazine)
PC Magazine - The Songwriters Guild of America (SGA) partnered Wednesday with several leading technology and entertainment companies for a coalition that intends to educate consumers about how to best access legally provided content on the Internet. Full text
New names, familiar ones top poll of 25 young stars (Reuters)
Reuters - They range from big stars like Daniel Radcliffe and Miley Cyrus to relative unknowns such as Gemma Arterton of new James Bond flick "Quantum of Solace," but one thing they have in common is being young and hot in Hollywood, according to an online poll released on Wednesday. Full text
Online critics take aim at $700 billion financial bailout proposal (CNET)
CNET - div#surveyhed { color: #000; background: #f0f0f7; font: 24px Verdana, sans-serif; padding: 1.5px; border: solid 2px #444;} table.sample { border-width: 0px 0px 0px 0px; border-spacing: 5px; border-style: outset outset outset outset; border-color: white white white white; border-collapse: separate; background-color: white; } table.sample th { border-width: 1px 1px 1px 1px; padding: 1px 1px 1px 1px; border-style: none none none none; border-color: blue blue blue blue; background-color: rgb(200, 200, 240); -moz-border-radius: 3px 3px 3px 3px; } table.sample td { border-width: 1px 1px 1px 1px; padding: 1px 1px 1px 1px; border-style: none none none none; border-color: blue blue blue blue; background-color: rgb(240, 240, 240); -moz-border-radius: 3px 3px 3px 3px; text-align: right; } Bailout type Cost to taxpayers (Source: Reuters) Proposed Treasury Department legislation $700 billion+ Bear Stearns financing $29 billion Fannie Mae and Freddie Mac nationalization $200 billion AIG loan and nationalization $85 billion Federal Housing Administration housing rescue bill $300 billion Mortgage community grants $4 billion JPMorgan Chase repayments $87 billion Loans to banks via Fed's Term Auction Facility $200 billion+ Loans from Depression-era Exchange Stabilization Fund $50 billion Purchases of mortgage securities by Fannie Mae and Freddie Mac $144 billion TOTAL $1.8 trillion+ COST PER HOUSEHOLD $17,064+ Internet criticism of the Bush administration's proposed $700 billion financial bailout package is growing, with skepticism crossing normal ideological boundaries. Full text
EU Parliament calls for telecom regulatory group (AP)
AP - The European Parliament called Wednesday for a new independent telecom regulator group to help open up competition for Internet and phone services across Europe. Full text