Yahoo’s Product Runway: Are You In or Out?

I am here at Yahoo HQ in Sunnyvale, Calif., to check out “Product Runway,” which is the Silicon Valley Internet giant’s attempt to show that it can still innovate.
project-runway-feature

IPhone Stored Location in Test Even if Disabled

Apple Inc.’s iPhone is collecting and storing location information even when location services are turned off, according to a test conducted by The Wall Street Journal. The location data appears to be collected using cellphone towers and Wi-Fi access points near a user’s phone and doesn’t appear to be transmitted back to Apple.

Twitter: Nope, We're Not Testing a Self-Serve Ad Platform (Yet)

Twitter does indeed plan to roll out a self-serve ad platform this year. But it hasn’t done so yet, isn’t testing one and has yet to build the thing. So says Twitter, which is publicly calling out a MediaPost report that says otherwise.

Exclusive: Chegg Buys Cramster

According to sources close to the situation, online textbook rental company Chegg has acquired Cramster, a social online homework help platform. The Cramster purchase is one in a series of start-up buys that Chegg has been making of late, part of a strategy to be a central place for student needs.

News Byte

Twitter Tests the Waters With In-Stream Ads

As promised, Twitter is now starting to throw paid ads into users’ streams and hoping not to cause too many ripples in the process. In an initial test with the 900,000 users of third-party client HootSuite, the ads–Promoted Tweets–will be inserted into users’ personal timelines when relevant, based on context and connections. Given the potential for rebellion, Twitter is assuring users its approach to the rollout will be “deliberate and thoughtful.”

News Byte

Intel Cuts Ribbon on Billion-Dollar Plant in Vietnam

In Ho Chi Minh City today, Intel officially opened what CEO Paul Otellini called “the largest and most sophisticated assembly test facility in Intel’s global manufacturing network.” The $1 billion plant began cranking up in June, making chipsets for mobile devices. Just Tuesday, Otellini presided over the opening of another big Asian investment–a $2.5 billion semiconductor manufacturing plant in Dalian, China. In a pre-emptive defense against criticism for exporting jobs, the chip giant said last week it planned to invest between $6 billion and $8 billion on future generations of manufacturing technology in its U.S. facilities.

Liveblogging Yahoo's Second-Quarter Earnings Call: How Do You Solve a Problem Like Flat Revenue?

After announcing its second-quarter earnings this afternoon, after the markets closed, Yahoo CEO Carol Bartz and CFO Tim Morse held the usual conference call. Here’s BoomTown’s liveblog of the upbeat performance, which still could not hide the troubling revenue weakness.

AT&T Tops 3G Performance Study. No, I’m Not Kidding.

Looks like AT&T is delivering on its promise to improve its network. A 13-city mobile data network test conducted by PC World shows the carrier with download speeds 67 percent faster than those of its rivals and greatly improved reliability and performance.

Apple to Test Dollar TV Show Downloads

As Apple prepares for the official launch of the iPad, the company is pushing television networks to lower the price of TV episodes. People familiar with the talks tell the Financial Times that Apple soon hopes to sell standard-definition TV shows for $1 each–half the price it currently charges for them on iTunes.

Microsoft Sticks a Cautious Toe Into the Ad Exchange Business

Is Microsoft is finally ready to a launch its long-delayed advertising exchange? Just barely. Redmond is set to roll out AdECN, the “real-time” ad exchange it bought in 2007 within the next two weeks. But only in the most cautious of tests: Microsoft will open up AdECN to a handful of ad buyers and says it will only allow them to purchase a “select, limited amount of Microsoft inventory.”