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A summary of today's major stories doing the rounds throughout the blogosphere...
Apple boss Steve Jobs has laughed off fears over Microsoft’s threat to the iPod through its upcoming digital music player, Zune.
Europe’s high streets could eventually be devoid of banks, travel agents and mobile phone shops as consumers turn to the web for research, according to ACNielsen.
A study by the analyst group found consumers used window-shopping less than the net when choosing their purchases, except when it came to clothing and accessories.
Ask.com has followed the likes of Google and Yahoo! with the launch of a specialised mobile search service – although it doesn’t yet support ads and the company’s not saying when it will be introduced in the UK.
Carphone Warehouse has announced an agreement to purchase AOL’s UK internet access business for £370m.
Gord Hotchkiss, chair of search marketing association SEMPO, is bullish about the industry's prospects, saying 2007 will be a "watershed year" for localised advertising and that various other revenue channels will drive growth.
But in an exclusive interview, he also points to challenges facing the sector, including the lack of transparency over click fraud and an upcoming "showdown" between consumers and advertisers over search data.
Yahoo! has started a beta trial of paid-for search results on its mobile internet service in the UK and US.
The launch, starting with a group of just under 100 advertisers, forms part of the portal’s plan to extend pay per click services to mobiles.
Bebo is in discussions with mobile operators over the launch of a range of text messaging services in the first quarter of next year.
The companies plan to use SMS to extend Bebo’s functionality onto mobiles, unlike the WAP-based services being developed by some of its rivals.
Myspace could be worth $15bn within three years, according to one Wall Street analyst.
In a research note quoted by Reuters, RBC Capital analyst Jordan Rohan said he had come out of a meeting with Fox Interactive enthused about the site’s experienced management, "massive" global appeal and potential to become "an intellectual property distribution powerhouse".
Ofcom has warned that the EU’s proposed Audiovisual Media Services (AVMS) directive could force new media companies to relocate outside Europe.
The UK media regulator said research it had commissioned from RAND Europe showed the proposals could “significantly increase regulatory costs and uncertainty” for multimedia firms.
The public smoking ban could see bingo players moving en masse to the web, according to research by white label gaming firm St. Minver.
The company found 60% of the 2667 British internet bingo players it interviewed smoke, well above the national average of 29%. But mobile companies aren't set to cash in on the ban, with 95% of respondents saying they aren't interested in playing games on their phones.
The Guardian reports that Yahoo is close to a deal with Orange to provide search services to the mobile operator’s subscribers.
The agreement, following a similar deal with 3, would be a boost for the portal in its battle for mobile search users against Google.