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An Italian case is decided against google, holding the company liable despite their removing the offending content. This challenges current understandings of liability, and raises profound concerns for Internet business models.

"News Corp. agreed to pay $70 million for a stake in the media company owned by Saudi billionaire Prince Alwaleed Bin Talal, one of its largest shareholders. The New York media conglomerate will take a 9.1% stake in Rotana Group, with an option to double its holdings in 18 months. Corp. will have two seats on Rotana's six-person board. The investment gives News Corp its first significant foothold in the Middle East, where it expects economies to grow quickly."

Interesting interview that highlights how we may miss normality when we highlight diversity in reporting.

"DECE logo The Digital Entertainment Content Ecosystem, an inter-industry effort to set open technical standards for selling movies and TV shows online"

Pepsi decided to pay millions for an online ad campaign that would "engage and interact with customers for months" rather than pay millions for 30 seconds of ad time during the Super Bowl. They also got a ton of free advertising from news agencies who reported on this decision.

Kongregate, which operates a web site for indie games, is announcing today it has had good success with its app platform for browser-based games.

"The scheduling change is among the first examples of an informal new agreement U.S. theater owners are discussing with the six major Hollywood studios: The exhibitors would let the studios experiment more with DVD release dates. As a result, studios could each release one or two movies a year on DVD a month or so sooner than they usually do, according to people familiar with the matter. The seemingly minor move could portend a big shift in the movie business down the road. The nascent arrangement, which has been under discussion for several months, highlights the growing pressure on the longstanding backbone of Hollywood's business model, an elaborate system known as "release windows." By separating a movie's release in theaters from the time window of when it is released on DVD or cable TV, studios were able to maximize revenue. DVD sales, for example, didn't eat into a movie's take at the box office."