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Business News
Markets await Bernanke as central bankers gather (Reuters)

Chairman of the Federal Reserve Ben Bernanke testifies before the U.S. House Financial Services Committee on Capitol Hill in Washington July 16, 2008. (Larry Downing/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke tackles financial stability in a key speech on Friday but economists doubt he will provide solid clues about future policy action to calm the credit crunch.


Fannie and Freddie debt gains, deep share dive abates (Reuters)

A home that has been foreclosed and repossessed by the bank up for sale in Burbank, California, July 20, 2008. (Fred Prouser/Reuters)Reuters - Investors' growing belief in the likelihood of a federal bailout of home-funding giants Fannie Mae and Freddie Mac triggered a rally in the debt prices of the two companies on Thursday while a steep fall in their shares prices abated.


Oil up 5 percent on global tensions, soft dollar (Reuters)

An oil tanker nears the Trans-Alaska Pipeline Marine Terminal in Valdez, Alaska, August, 9 2008. (Lucas Jackson/Reuters)Reuters - Oil prices rose nearly 5 percent on Thursday, the biggest percentage gain in more than two months, driven by rising tensions between the United States and energy behemoth Russia.


Three big banks settle with NY state over ARS (Reuters)
Reuters - New York Attorney General Andrew Cuomo on Thursday said Merrill Lynch & Co Inc , Deutsche Bank (DBKGn.DE) and Goldman Sachs have agreed to settlements regarding their auction rate security sales practices.
FINRA probes 40 firms on auction rate securities: source (Reuters)
Reuters - Financial industry enforcement agents will review the auction-rate debt operations of about 40 firms industrywide starting next week, sources familiar with the investigation said on Thursday.
Trends & Innovations - Wednesday (Investor's Business Daily)
Investor's Business Daily - The proportion of working-age Americans facing medical debt rose to 72 mil or 41% last year, up from 58 mil or 34% in '05, according to a new survey by the nonprofit Commonwealth Fund. About half of those facing health debt have up to $2,000 in bills, while 12% have more than $4,000 in debt and another 12% have more than $8,000. The survey also found most of those with medical debt said they had exhausted their savings, with some also tapping into credit cards, home equity or cutting back on food or heat to cover health care costs.
"Family Guy" creator makes bold move online - 09, Jul 2008

LOS ANGELES (Hollywood Reporter) - When September rolls around, the most anticipated new program of the fall season will be on the Internet instead of television.



By Andrew WallensteinLOS ANGELES (Hollywood Reporter) - When September rolls around, the most anticipated new program of the fall season will be on the Internet instead of television.That's when "Family Guy" creator Seth MacFarlane will release exclusively via Google a series of 50 two-minute animated vignettes.Given how outrageous "Family" is in the humor department, there's reason enough to watch MacFarlane's next creation. But if you think his ribald jokes are audacious, that's nothing compared to the distribution strategy for this program, titled "Seth MacFarlane's Cavalcade of Cartoon Comedy."Not since NBC's ill-fated series "quarterlife" has this much hype visited a bridging of the PC-TV divide, only this time it's warranted. For once, talent and technology are coming together at equally high levels.But "Cavalcade" is still something of a risky prospect, and there already are a few red flags worth noting."Cavalcade" will be presented online through the Internet giant's AdSense network, which can syndicate video content to advertising slots on thousands of Web sites targeted to reach specific demographics. Each two-minute episode will have advertising embedded in several different formats ranging from preroll to "sponsored by" styles increasingly common online. Click on an episode, and the revenue is split among MacFarlane, Google, the host site and Media Rights Capital (MRC), which brokered the deal.The very fact that Google has a deal with MacFarlane at all seems strange considering that News Corp., which happens to own Google rival MySpace, announced a gargantuan $100 million deal with MacFarlane in May to keep him at 20th Century Fox, making him the richest series creator in television.You would think that kind of dough would be enough to give Fox the de rigueur "first look" option on any intellectual property MacFarlane generates. Given that this Google deal has been brewing for almost a year, how could it not have been a factor in negotiations with Fox? 





(c) 2008 Reuters
TAGS: Software and IT services, Technology, Online Report text item, Industrial machinery, Machinery, United States of America, Canada
Other news from Internet category:
  1. Internet users fear iTunes blocked in China - 22, Aug 2008

    BEIJING (Reuters) - The downloading of music for iPod players has hit a mysterious glitch in China, stumping scores of users and raising fears the government has blocked Apple's iTunes site over pro-Tibet lyrics, analysts said on Thursday.

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  2. Internet to the rescue for work-bound viewers - 21, Aug 2008

    BEIJING (Reuters) - Huge numbers of Chinese are turning to the Internet to watch the Olympics at work, as bosses stop them from watching the Games on television.

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  3. Games attract record viewers and Internet a hit - 20, Aug 2008

    BEIJING (Reuters) - The Beijing Olympics will become the most viewed Games in their 112-year history, boosted by a hugely popular Internet platform, the IOC said on Wednesday.

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  4. Germans urge tougher laws after new privacy scandal - 19, Aug 2008

    BERLIN (Reuters) - German politicians called for tougher privacy laws on Tuesday after officials revealed personal and financial information on millions of Germans was readily available for cash on the Internet.

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  5. Pisces for the pool, Taurus for the pole vault - 19, Aug 2008

    BEIJING (Reuters) - Something fishy is happening at the Olympic Games in Beijing. Put it all down to the stars.

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  6. British "Mr Fix-it" al Qaeda cyber-recruiter jailed - 19, Aug 2008

    LONDON (Reuters) - A Briton described by prosecutors as a terrorism "Mr Fix-it" who recruited young people to al Qaeda's ideology over the Internet was jailed for 12 years on Tuesday while one of his accomplices received a 10-year term.

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  7. Georgia cuts access to Russian websites, TV news - 19, Aug 2008

    TBILISI (Reuters) - Georgian authorities have blocked most access to Russian news broadcasters and websites since the outbreak of the conflict with Moscow.

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  8. UK pedophile was "librarian" for global abuse ring - 18, Aug 2008

    LONDON (Reuters) - A pedophile who acted as a "librarian" for a global Internet child abuse ring was jailed on Monday after one of the biggest undercover police investigations into online abuse in Britain.

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  9. NBC builds online audience even as TV ratings soar - 15, Aug 2008

    NEW YORK (Reuters) - For NBC Universal, balancing TV and online coverage of the Beijing Olympic Games has been as tricky as any maneuver on the balance beam, parallel bars or vault.

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  10. Gannett to cut 1,000 newspaper jobs: memo - 15, Aug 2008

    SAN FRANCISCO (Reuters) - Gannett Co Inc plans to eliminate 1,000 positions from its local newspapers around the U.S. because of declining advertising and circulation revenue, and may cut more if those conditions persist.

    More

 

Software News
Microsoft enlists Seinfeld for ad campaign: source (Reuters)

Jerry Seinfeld poses at the premiere of 'Bee Movie' in London December 6, 2007. (Anthony Harvey/Reuters)Reuters - Comedian Jerry Seinfeld will star in a $300 million marketing campaign for Microsoft Corp aimed at burnishing the image of its computer operating system, a person familiar with the effort said on Thursday.


Photosynth Stitches Photos Into a 3-D Web Canvas (NewsFactor)
NewsFactor - Microsoft's name has never been synonymous with photography, visual imaging or innovative online applications. But its release Wednesday of Photosynth -- a hybrid software/service that allows users to create 3-D environments by stitching multiple photographs together -- suggests the company has more than a few cards up its sleeve.
Apple tries to de-bug iPhone (USATODAY.com)
USATODAY.com - Apple acknowledged that a software update for the iPhone partly fixes the connection snags that have caused a global firestorm for the new iPhone 3G.
Salesforce.com stock drops on cautious outlook (AP)
AP - Salesforce.com Inc. kept its financial guidance within the range of analyst estimates Wednesday, disappointing investors who expected a more bullish forecast from one of the Internet's most popular software services.
Microsoft Eases Server-Virtualization Restrictions (NewsFactor)
NewsFactor - Microsoft has elected to jettison certain licensing restrictions that previously discouraged its customers from moving the software giant's server applications within a server farm at will.
Google Invites Security Researchers To Debug Android (NewsFactor)

A prototype of the Google Android mobile by Qualcomm is on display at the Mobile World Congress (formerly 3GSM World Congress) in Barcelona, February 11, 2008. (Albert Gea/Reuters)NewsFactor - In a move that could help it avoid an iPhone 3G-like software drama, Google wants bug hunters to test its Android mobile platform. On Monday, the Android Security Team posted a message to introduce itself to the security research and vulnerability communities.