Disney Acquires A Stake In Hulu

Disney has announced it has acquired a stake in Hulu that is thought to be as high as 30% according to the folks over at Mashable. Disney has now joined NBC Universal and News Corp. in this venture. The momentum this gives the video site is very real as it looks to jump on a position in the market that perhaps YouTube may be too…

Missouri Brothers Indicted In $4 Million Spam Scheme

Two Missouri men and their two accomplices have been indicted by a federal grand jury for a nationwide email spamming scheme that targeted more than 2,000 colleges and universities. Through the spamming scheme more than $4 million worth of products were sold to students, according to Matt J. Whitworth, Acting United States Attorney for the Western District of Missouri.

Google Launches DoubleClick Studio

Desperate times apparently call for colorful, interactive measures.  Even as we remain stuck in the recession - Chrysler declared bankruptcy today, if you didn't hear - Google unveiled DoubleClick Studio, a tool that promises to help users develop and produce rich media ads.

GeoCities Users Get a Bailout From Wetpaint

You may have read that Yahoo is closing the door on GeoCities. This was announced a week ago after about ten years of Yahoo ownership. "We have decided to discontinue the process of allowing new customers to sign up for GeoCities accounts as we focus on helping our customers explore and build new relationships online in other ways," GeoCities noted.