News Corp Bleeding Revenue Going Into 2009

Newspapers and traditional media are bleeding profits and jobs. It’s one of the hardest hit sectors, so it’s not as if they couldn’t see this coming. But News Corp’s CEO Rupert Murdoch says it’s even worse than he thought. The company just announced they are writing off $8.4 billion of losses.

Google Introduces Imagery Partner Program

Google has introduced an imagery partner program where people can submit imagery for Google Earth if they feel they have a better version of a shot that Google currently has.

Yahoo Tries To Cheer Up Advertisers

The jobless rate is up again, Toyota's issued a warning about a $5 billion operating loss, and a watchdog panel believes at least $78 billion in bailout money was wasted.  But Yahoo wants advertisers to know the situation isn't all bad.

Google Grabs 76% Of Search Spend In Q4

U.S. search advertising spending was relatively flat for most of the year and declined by 8 percent in the fourth quarter of 2008, according to search marketing firm Efficient Frontier. Breaking it down by search engine, Google grabbed 76 percent of search spending in Q4. Spending on Google Search and its syndicated networks dipped 4 percent year-over-year (YOY). Despite that, Google gained 2 percent market…