Internet Ad Revenue Spikes [MediaPost]
Online ad spending grew to $10 billion in the first half of 2007, up 27% from last year. 70% of advertising was concentrated among the top 10 online retailers, with search (41%), banners/display (21%) and classifieds (17%) topping out as the most popular buys.
Halo 3 = $$$+ [Bloomberg]
Microsoft raked in $300 million from Halo 3 sales in the game’s debut week, making it the world’s fastest-selling video game. Halo 3 also doubled purchases of the company’s Xbox 360 console.
Microsoft Debuts HealthVault [New York Times]
The company announced a free, web-based personal health records system. Industry leaders such Johnson & Johnson and the Mayo Clinic have already signed up to pilot use of the database.
Class—On YouTube! [Ars Technica]
UC Berkeley starts its own YouTube channel, with over 300 hours of full-length courses and other special events already available.
Defriending MySpace for Facebook [Bloomberg]
Facebook is making headway on MySpace’s user base, attracting nearly 70 million users in August—up 33% since June—while MySpace’s core has dropped 7.4% to 105.7 million. Migrants cite Facebook’s more private environment and new application features as top reasons for making the switch.
Striving for Blanket Wi-Fi Coverage [Financial Times]
The UK’s BT Group is trying to create the world’s largest wi-fi network, powered by wireless “hubs” in its customers’ homes.
Music Industry Wins File-Sharing Suit [Reuters]
In the first case of its kind to reach trial, a Minnesota woman was ordered to pay $222,000 in damages to six music labels after 1,702 illegally downloaded music files were traced to her computer.
China Fights Web 2.0 [TechCrunch]
The Chinese government is blocking RSS feeds, just as the developing country looks to surpass the U.S. in broadband internet users within a year.
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