Playboy Drops DVDs for Online Video

If this isn't a shining example that online video is taking over, I don't know what is. Playboy is going so far as to completely shut down their DVD business to move all of their video content to the Internet. "Unlike other companies that began in print, we have profitable television, online and mobile businesses, which have domestic and international growth potential," said CEO Christine…

Yahoo Cutting 3,500 Jobs?

If a recent leak of information is true, Yahoo CEO Jerry Yang and board chairman Roy Bostock are looking worse and worse. Remember all that grandstanding last spring about employee severances and retention packages when Microsoft’s offer to buy was still on the table?Remember the nasty letters between Carl Icahn and Bostock about that and how Bostock seemed to be looking out for employees and…

Live: Google Realistic, But Optimistic

Let out that held breath, everybody - Google had a good third quarter.  While the company didn't destroy estimates as it's done in the past, such behavior could hardly be expected at this point, and Google at least managed to improve its performance in most respects.All of this led to some rather happy and enthusiastic behavior on the part of investors.  Google's stock has gone…

YouTube Rejects McCain Campaign Request

Earlier this week, general counsel for the McCain campaign petitioned YouTube to give special treatment to political ads scrubbed from the site because of DMCA take down notices. General counsel for YouTube roundly rejected that request.

Google Announces Third Quarter Results

Google has released its third quarter results, and things are looking all right so far.  The company managed to bring in $5.54 billion in revenue, and this was up from both last quarter and the third quarter of last year.  Net income increased in a similar manner, reaching $1.35 billion.Eric Schmidt wasn't as positive as he's been at other times, giving Google some wiggle room…