Who’s to Blame for Yahoo’s Q2 Revenue Rout? The Line Forms Around Back…

What happened to Yahoo revenue? Display sales in the U.S. gets the blame this quarter. While coming up with a new thing to blame for Q3, Yahoo execs try to explain it all for you.
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Viral Video: Foursquare's Dennis Crowley Is Character Approved

Recently, Foursquare was selected for an “award,” as part of an advertising campaign for USA Networks, whose motto is “Characters Welcome.” Now, a commercial featuring co-founders Dennis Crowley and Naveen Selvadurai is in heavy rotation on the cable television channel–what can BoomTown say, except, “NCIS” rocks, and thus, I have had to endure the ad 67 times so far!

SAP Plans to Fight $1.3 Billion Judgment in Oracle Case

SAP believes the jury was too generous in its award to Oracle and that the damages are not proportionate to its subsidiary’s offense of intellectual-property theft.

Eric Schmidt Lost $300 Million in Google CEO Shake-Up and He's Still Richer Than You

Google’s just given outgoing CEO Eric Schmidt a $100 million equity award. A nice little bonus, but not large enough to offset the losses he’s suffered since announcing he is stepping down as CEO.

Film Critics Don't Just "Like" "The Social Network"–They Love It

“The Social Network” won the National Society of Film Critics’ best picture award, while David Fincher got best director, Jesse Eisenberg as Mark Zuckerberg was named best actor, and Aaron Sorkin received the best screenplay award.

With 500-Shareholder Concerns Gone, Will Facebook Make Big Acquisitions?

Now that Facebook is giving itself permission to have 500 or more shareholders, given it expects to go public next year, the company’s acquisitions team may get the go-ahead in 2011 to pursue larger and more complicated deals.

News Byte

Court Undoes Microsoft Win in Patent Case

The U.S. Court of Appeals for the Federal Circuit ruled today to reinstate a jury decision from an April case that found Microsoft’s anti-piracy software installation system infringed a patent held by Uniloc Singapore Private Ltd. The judge in the original case had thrown out the jury’s finding. The court also ruled, though, that a new trial is required to determine how much Microsoft should pay, stating that the jury’s $388 million award to Uniloc was “fundamentally tainted.”

Palm Boss Jon Rubinstein Named to Amazon’s Board

Amazon added a new director to its board this morning, former Palm CEO Jon Rubinstein.

Stephen Colbert Wins Twitter!

Not sure what that means, but that is a cool-looking trophy. Click through for video in which Colbert addresses the elephant in the room.

The Facebook Movie Picks Up Golden Globe Noms, and Readies Its Oscar Close-Up

Wouldn’t it be cool if Mark Zuckerberg donned a hoodie-tuxedo and ran up and grabbed any statuette actor Jesse Eisenberg–who played the Facebook co-founder and CEO in the movie “The Social Network”–won over the next few months, as the Hollywood awards season gears up? Now, that would be dramatic!

Winklevii Vs. Zuck: Who'd You Rather?

Ten-Gallon Congrats to Barry Sonnenfeld!