Microsoft to drop $486 million for European shopping site (CNET)

CNET - Update at 5:58 a.m. PDT: Ciao is based in Munich, Germany. Greenfield Online is based in Wilton, Conn.

Veoh Decision May Not Let Google Off the Hook (NewsFactor)

NewsFactor - In a first-of-its kind decision, a California federal court has dismissed a copyright-infringement lawsuit against online video-sharing site Veoh Networks. IO Group, an adult entertainment company, filed the suit against Veoh, alleging the site displayed its content in violation of copyright laws. But Magistrate Judge Howard Lloyd of the U.S. District Court in San Jose ruled against the gay-porn distributor on Wednesday.

Microsoft buys ciao.com to boost e-shopping search (Reuters)

Reuters - Microsoft has agreed to buy Greenfield
Online, owner of popular European price comparison website
ciao.com, for about $486 million to boost its Internet search
and e-commerce business in Europe.

Comcast Limits Homes To 250GB in New Public Policy (NewsFactor)

NewsFactor - Comcast has made it official: Home Internet service customers are limited to 250GB of data per month. According to the company, the move is in response to heavy usage by some customers that can cause network congestion.

Want IE8 Beta 2? You May Have To Jump Through Hoops (NewsFactor)

NewsFactor - Microsoft warned developers preparing to download the new Beta 2 release of Internet Explorer 8 that under certain conditions those who have already installed IE8 Beta 1 cannot revert to older iterations of the browser.

Google CEO: Internet spurred Obama’s nomination (CNET)

CNET - DENVER–Google Chief Executive Officer Eric Schmidt said on Thursday that the Internet gave presidential candidate Barack Obama the ability to bypass traditional media and claim the Democratic nomination.

Lindsay Lohan lashes out at father on blog (AP)

AP - Lindsay Lohan had words for her father on her blog.

Comcast to make monthly Internet use cap official (AP)

AP - Comcast Corp., the nation’s second-largest Internet service provider, Thursday said it would set an official limit on the amount of data subscribers can download and upload each month.

MySpace overtakes Yahoo in display ad views: report (Reuters)

Reuters - Yahoo Inc has lost its lead of
the U.S. market for online display advertising to MySpace and
its parent company News Corp’s Fox Interactive Media and
MySpace, new industry data shows.

Comcast to limit customers’ broadband usage (Reuters)

Reuters - Comcast Corp, the largest U.S.
cable operator, said on Thursday it will cap customers’
Internet usage starting October 1, in a bid to ensure the best
service for the vast majority of its subscribers.

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