Mission Creek

from venturebeat.com

This week’s headlines blare the good news: “The Dow Jones Industrial Average inches close to all-time high,” and “Dow: Second-best showing ever.”

Hooray, we’re back.

Sort of. After all, this is Silicon Valley, known more for its high risk, high potential IPOs on the Nasdaq. The chances Nasdaq will approach its peak above 5000 anytime soon are lower than the chances that Tom Perkins and Patricia Dunn will be together in the finals of the next Dancing With The Stars…

full story here

from cnet.com

A federal court on Thursday dismissed a lawsuit against Google over its practice of allowing companies to buy search-related ads that are displayed when people type in the name of a competitor.

In early 2005, computer repair company Rescuecom sued Google in U.S. District Court for the Northern District of New York, alleging that Google was violating trademark by selling ads to Rescuecom’s competitors that show up next to search results when someone types in “Rescuecom.”

from cnet.com

A federal judge has ordered online payment processor Qchex to cease its current method of online payment processing, which U.S. regulators say facilitated fraud.

Qchex let people create and send checks drawn on any bank account without verifying their authority to do so, the Federal Trade Commission said in a statement Monday. The San Diego-based company’s business focused on generating electronic checks online that could be e-mailed and then printed out by the recipient…

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from cnet.com

Copyright issues that have plagued video-sharing site YouTube since its official launch almost a year ago will mean that “YouTube will get sued. And it will lose,” wrote Josh Bernoff and Ted Schadler, analysts for Forrester Research, on a blog posted last week…

full story here