I did a double take recently after listening to Microsoft CFO Chris Liddell acknowledge that his company was ready to lose even more money in online services in the near term, if that's what it takes to catch Google. During the company's earnings call last week, Liddell indicated that Microsoft is pouring hundreds of millions of dollars into its online advertising business, an investment he allowed would be "a drag" on the rest of the company.

via news.cnet.com

The Woodrow Wilson Rehabilitation Center is taking its services to the web. WWRC recently launched a YouTube channel filled with videos of services offered at the center. Director Rick Sizemore says the goal for starting the YouTube channel is to reach more people across the country. He says it's not unusual for people to travel some distance to Woodrow Wilson for rehabilitation.

via whsv.com

Given the way Google has grabbed search traffic over the past couple years, it seemed liked they would have garnered 100 percent of it by now. But we all know that is impossible, and according to comscore data, the Internet giant didn’t even gain this quarter and may even lost a fraction of a percent point.

via bestsyndication.com

Digg, the social voting news aggregator that is perhaps the web startup most dogged by sale rumors in all of Silicon Valley, is close to selling to Google for “around $200 million,” according to TechCrunch. Sale rumors have followed the company for years, and the company finally went out and hired dealmaking investment bank Allen & Co.

via venturebeat.com

You're on the go all the time -- maybe for business, maybe because it's a byproduct of your busy lifestyle. But either way, your life would be easier if you had Internet access wherever you are. Well, when it comes to the Internet, you CAN take it with you! You just need the right stuff, and Mobile Internet For Dummies tells you what that is, how to find it, and how to use it.

via marketwatch.com

A senior Zimbabwean journalist has launched Media in Zimbabwe, a new Website for journalists covering news about Zimbabwe. The site aims to distribute information that journalists may need for their work, providing communication between newsmakers and journalists. According to its editor, the site also addresses the important role that journalists play in handling problems and preparing for the future of Zimbabwe, according to the site’s editor.

via sangonet.org.za

"After seeing some applications from Google and participating in the Google Codejam (which seems to be built using the GWT), I kind of expected to see websites spring up left and right based off the GWT. Well, it's been a year and a half since they open sourced it and I have to admit that I am more than a little disappointed by its low profile in the UI community.

via tech.slashdot.org

With the slowing U.S. and global economies taking a toll on the online advertising business, Yahoo's net income dropped by nearly 19 percent in the second quarter from a year ago as revenue grew at a sluggish 6 percent rate.
Analysts said the results would do little to improve Yahoo's negotiating position with Microsoft, which has tried to buy all or part of the company.

via iht.com

A federal appeals court upheld a ruling that struck down as unconstitutional a 1998 law intended to protect children from sexual material and other objectionable content on the Internet. The decision by the United States Court of Appeals for the Third Circuit, in Philadelphia, is the latest twist in a decade-long legal battle over the law, the Child Online Protection Act.

via nytimes.com

Mere hours after Michael Arrington reported that his sources suggested that MySpace would roll out support of OpenID some time later this week, the rumors have been confirmed officially in a press release. And it would have been strange not to expect a big announcement from MySpace the day before Facebook's developer conference, right?

via profy.com

Google’s on and off negotiations with Digg have been back on in a big way for the last six weeks, we’ve heard from multiple sources inside and outside of Google. The two companies have reportedly signed a letter of intent and are close to a deal that will bring Digg under the Google News property. The acquisition price is in the $200 million range, says one source.

via techcrunch.com

One of the most frustrating things about the iPhone is that it can’t handle Flash, which has become the standard for streaming video on the web. YouTube managed to work around this by transcoding all of its videos into the H.264 format, but other video serving sites have failed to follow suit. Today Episodic, a video web publishing company.

via techcrunch.com

Social gaming network Zynga just got some serious funding. It raised $29 million in a B round led by Kleiner Perkins. (IVP and prior investors Union Square Ventures, Foundry Group and Avalon Ventures also participated in the round). The company is also announcing the acquisition of YoVille, a virtual-world app for Facebook with 150,000 daily active users. And, along with the cash, new Kleiner partner Bing Gordon is taking a board seat and an operating role at the startup.

via techcrunch.com

The medical industry is one that thrives on innovation and evolution. New procedures, medicines, diseases, and theories are released practically every day. In such an environment, the need for a website to reflect and allow for documentation is apparent. MedPedia is a new project, currently in development, that will offer an online collaborative medical encyclopedia for use by the general public.

via techcrunch.com

Glam Media has hired Michael Adair, most recently Google’s head of North American sales finance, as their new VP Corporate Development and Finance. Prior to Google Adair was an investment banker at Lehman Brothers and he has an MBA from Harvard. He’ll be responsible for making investments and acquisitions on behalf of Glam.

via techcrunch.com