As Google begins to make inroads in Hollywood, YouTube’s parent company remains focused on short-form content, according to studio executives.

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Google Inc. is taking the wraps off an Internet encyclopedia designed to give people a chance to show off and profit from their expertise on any topic.

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With Microsoft’s $47.5 billion takeover bid off the table and his company’s stock price down 20 percent during his 13-month reign as Yahoo’s CEO, Jerry Yang has a message for his exasperated shareholders: Things aren’t as bleak as they look.

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With the slowing economy taking a toll on the online advertising business, Yahoo said Tuesday that its net income dropped by nearly 19 percent in the second quarter from a year ago as revenue grew at a sluggish 6 percent rate.

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If Google does indeed acquire the social news site, Digg, what will become of the popular service?

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Internet service provider Google is planning to extend Te Reo Maori into a new dimension through making it accessible online. With the ressurgence of Te Reo Maori, technology is an excellent way in which the language can be developed even more.

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The social news site is in “final negotiations” to sell itself to Google for $200 million, according to people who talked to TechCrunch.

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An important detail to note from today’s earnings call: Yahoo (NSDQ: YHOO) is not factoring in any gains from its Google (NSDQ: GOOG) deal into its outlook. Right now, the company sees no reason to update its initial forecast ($250-$450 million additional annual OCF), or its timing on when that can commence, however. President Sue Decker noted that the company had factored in 100 days of review …

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American Airlines has dropped its lawsuit against Google, which claimed the Internet company used the airline?s trademark to trigger paid advertisements for other companies.

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American Airlines has dropped its lawsuit against Google Inc. over its search engine directing some users to advertisements for the airline’s competitors.

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