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Federal Reserve chairman ben Bernanke will not bail out lenders or investors in the mortgage crisis that marks the beginning of an economic crisis.

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Speculation today hit fever pitch over the possible shape of Google’s next foray into telecoms as a host of blogs carried pictures of what was claimed to be a low-cost, internet enabled handset – the “Gphone”.

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Yahoo! TV - Web 2.0 or not?


yahoo tvYesterday the new Yahoo! TV site was launched. It is visually richer and has more content for your favorite shows. Get the scoop on all your favorite TV shows, get photos and see what blogs are talking. Just like before you can set up your favorite shows and watch video right on the page.

Check out Yahoo TV for your self and see if you like it.

As reported on ZDnet - “In what seems to be an attempt to catch up to Yahoo! Finance, Google has rolled out a new version of their stock chart….Besides the new comparison feature, you can also customize some display settings for the charts. These settings include news flags, dividends, splits, volume, default zoom and verticle scale.”

It’s a nice a enhancement but still not as feature rich as Yahoo! Finance charts.

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Apple Computer and other companies sell red products to support the Global Fund to Fight AIDS. This is such a fantastic idea on a large scale. Way to go Bono!

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As part of the community building efforts of Fool.com they have now launched a new feature called CAPS. It allows users to make predictions on individual stocks - should you buy or sell now. It’s based off of the “Wisdom of the Crowds” book by James Surowiecki. This is a brilliant book and very insightful on all predictive models. Fool takes the concept in a another direction by giving a weighted average to the top rated users. This defects the collective concept. We will see if users can game the system.

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Google in talks to acquire YouTube

Google is in serious talks to acquire YouTube, the crazy popular online video site, for $1.6 billion in cash and stock reported by the New York Times.

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Microsoft Takes On YouTube with Soapbox

From video blogs to lonelygirl15, broadband has ushered in an era of viral video that has surprised an industry. User-created clips on YouTube and Google Video reach millions of screens each day and now Microsoft wants a piece of the action with “Soapbox.” Pictures of closed beta at link. The best way to hear about new Microsoft product launches these days is to read their employees’ blogs. First we had Stuart Padley’s quickly deleted blog post with some additional information about the upcoming Microsoft Live Drive

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Okay folks, the moment you’ve all been waiting for is almost upon us (and by you all, we mean the .01% of you who don’t already own an iPod or SanDisk DAP).

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A hefty list of new features were added to both Microsoft Live Local Search yesterday and just tonight to Yahoo! Local. As both rivals get stronger, you can�t help but wonder what�s going to come after coupons for Google�s local search.

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