by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
If you were planning to buy that special someone on your holiday shopping list an Amazon Kindle e-book reader, you better come up with something else.
Amazon notes on its Web site that “due to heavy customer demand, Kindle is sold out.” Amazon advises ordering now, though, “to reserve a place in line,” noting that orders will be filled on a first come, first served basis.
by Eric Krangel, Contributor, Silicon Alley Insider
A Dutch court confirms the obvious: Virtual goods, such as Facebook gifts or World of Warcraft gold, are real goods. And if you steal them, it’s theft.
by Peter Kafka, Managing Editor, Silicon Alley Insider
Time Warner CEO Jeff Bewkes says he’ll have a decision on the future of AOL “soon”. That can’t come fast enough for AOL boss Randy Falco, who we’re told is now fuming about the limbo state his company has entered: “When is New York going to sell us?” we’re told he muttered in earshot of his lieutenants recently.
Turns out we’re not the only ones who’ve been inspired by John McCain’s brilliant idea to suspend his campaign to focus on the economic crisis. The cranks at Twitter are doing the same thing, using “#suspending”–a “hash tag” Twitterers use to track a meme.
by Dan Frommer, Senior Editor, Silicon Alley Insider
Apple’s new iPhone 3G is supposedly twice as fast as the old one, and its new App Store opens up all kinds of neat new mobile Internet services like baseball video and free streaming radio.
by Peter Kafka, Managing Editor, Silicon Alley Insider
Looks like Chris Gorog really was serious about selling off perennially troubled Napster, after all. He’s selling the company to Best Buy for $121 million. That’s $2.65 per share, which works out to be $54 million net of cash.
by Michael Learmonth, Senior Editor, Silicon Alley Insider
Credit “Family Guy” creator Seth MacFarlane’s genius, or maybe just YouTube’s distribution clout: his channel, “Seth MacFarlane’s Cavalcade of Cartoon Comedy,” has taken the No. 1 spot on YouTube, edging out Tania Derveaux and AtheneWins.
by Michael Learmonth, Senior Editor, Silicon Alley Insider
YouTube has always been very clear about the separation of editorial content and sponsored ads on its site: While the site is eager to sell advertising, placements as “featured” or “promoted” videos–incredibly valuable, high-traffic spots on the homepage–are not for sale.
by Michael Learmouth, Senior Editor, Silicon Alley Insider
Stream, Justin.TV, Stickam, Mogulus and everyone else trying to make a business out of live streaming can breath a little easier. YouTube, which had previously said it would start live streaming in 2008, won’t be getting into the business this year. And it probably won’t next year, according to a source familiar with its plans.
by Peter Kafka, Managing Editor, Silicon Alley Insider
Daily Candy, the pioneering newsletter start-up owned by Bob Pittman’s Pilot Group Ventures, is perennially supposed to be on the block, but has yet to change hands.
We haven’t spotted many ads so far in Apple’s (AAPL) two-week-old iPhone app platform. But that could change soon: Mobile ad network AdMob is opening … up to iPhone app developers, and is giving away $1 million of free advertising to get developers to use it.
by Michael Learmonth, Senior Editor, Silicon Alley Insider
We know Google’s YouTube is a tough sell for advertisers. But video site’s sales team may be having an even tougher time than recent reports suggest. YouTube sales manager Brian Cusack says YouTube is able to sell ads against “less than 3%” of the total videos on the site.
Read the rest of this post
by Michael Learmonth, Senior Editor, Silicon Alley Insider
We keep hearing that marketers increasingly like the idea of Web series as a promotional tool, and are finally starting to pay more for them. Case in point: the WSJ says Vogue and IMG are producing a 12-episode online reality series called Model.Live for $3 million, or about $31,000 a minute.
At a meeting with about a dozen senior members of AOL’s staff Monday, Jeff Bewkes left at least one member of management with the impression that the company is for sale, a source close to the company says. Another person who attended the same meeting says Jeff did not say specifically that the company is for sale but merely said that “everyone is talking to everyone” and that AOL might someday be sold.
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