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During a visit to Australia this week, Flickr founder and former Yahoo staffer Stewart Butterfield criticised the search giant for its lack of an innovative culture compared to rival Google. “I felt like the biggest problem while I was there [was] that management was oriented a little bit too much towards the quarterly results,” said [...]

Amazon.com quietly unveiled on Tuesday a new online-payment services it will offer to other online merchants - a move that puts it in direct competition with eBay’s PayPal and Google’s Google Checkout.
The Seattle-based e-tailer describes its Checkout by Amazon as a “complete checkout solution” with features such as Amazon’s “one-click” payment option and tools for managing [...]

Just when I thought it was safe to go outside, a new Google killer has been reported to be on the loose. Monday morning, start-up search engine cuil.com was launched, accompanied by a rapid fire of cheerleading, speculation and, ultimately, ridicule. Search experts around the globe threw five to 10 queries at the engine before [...]

Shares of Microsoft Corp. dropped more than 6% in after-hours trading after the software giant posted a fiscal fourth-quarter profit that fell short of Wall Street’s estimates as it forecast lower-than-expected revenue for the following quarter. Net income rose 42% from year ago results to $4.3 billion, or 46 cents per share. Analysts polled by [...]

Wall Street posted strong gains Thursday for the second session in a row. Investors cheered a string of large oil price declines and welcomed more encouraging earnings results from the financial sector. The Dow Jones industrial average (INDU) gained 207 points to rise 1.9% on the day. The big boost followed Wednesday’s gain of 277 [...]

The official story is that Microsoft and Google both genuflected to government regulators today testifying that they want laws to protect the privacy of Web users from Internet advertisers. Yes, taken on face value, this means that Microsoft is asking for government regulation in its hot up-and-coming online ad business. The unofficial story, according to [...]

Instead, check out their videogame consoles. Today, Sony is releasing a highly anticipated new feature for the PlayStation 3 called trophies. (The feature arrives on consoles as part of a software update beamed over the Internet; it also includes in-game XMB (XrossMediaBar) and a Google search bar.)
Essentially a game-rewards program, the trophies work on a [...]

Chief Executive Eric Schmidt on Wednesday downplayed suggestions that growing competition between his company and Apple Inc. (AAPL) might force him to step down from Apple’s board.
“It has not so far,” he said, adding that he has only excused himself “once or twice” from Apple board meetings so other directors could discuss Apple’s popular iPhone.
The [...]

The inaugural Internet Week New York was eight days of open bars and missed opportunities.
On the red carpet at the 12th Annual Webby Awards on Tuesday night, the final event of the week-long city-sanctioned festival, I called out to Internet Week executive director David-Michel Davies and asked him what he’d do next year to change [...]

The result was Wikipedia, launched in 2001 as a non-profit project. It soon became a global hit and is now one of the most visited sites on the internet. Its 10m-odd articles in 253 languages are often among the top results for Google searches.
“Wikipedia resolves the postmodern dilemma of truth by ultimately relying on process,” [...]