CBS paid $1.8 billion for CNET last summer, and today it is dealing with the consequences: A re-org and layoffs. CBS execs won’t release a total for the number of people fired, so news will be coming out in piecemeal fashion for some time. In the meantime, here’s CBS Interactive’s new corporate structure, detailed in an internal memo distributed late today.
Google is letting advertisers who buy AdWords–its main revenue engine–automatically buy mobile advertising, too. The company says AdWords buyers can choose to have their AdWords automatically show up on phones that support “real” Internet browsers like T-Mobile’s G1 phone and Apple’s iPhone. That’s a relatively small market, but one that’s growing fast, and Google’s first real opportunity to show that it can make money on mobile.
TheStreet.com is worth about $100 million. So is The Huffington Post. But investors are much more optimistic about one of these Web businesses.
Give the music industry credit–a decade after the original Napster, it’s now standard practice to let fans listen to an entire disc worth of new music, for free, before it ever gets to stores. The latest example: Britney Spears’s new album, “Circus,” which you can listen to at iMeem.com. Or at the bottom of this post, via a groovy embeddable player.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
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