ONLINE SERVICES/INTERACTIVE MEDIA
Two months after Microsoft made its $44.6 billion offer to acquire Yahoo, the software maker is said to have no plans to raise its bid. While speculation has swirled that Microsoft was poised to raise its bid, Microsoft is instead biding its time: “There’s no reason to bid against ourselves.” (Iwantmedia.com 4/1, http://online.wsj.com/public/article/SB120701820580579519.html 4/1)

Comcast executive vice president David Cohen said he was “perplexed” and “disappointed” at FCC Chairman Kevin Martin’s take on the cable company’s new collaboration with BitTorrent. After last week’s announcement that the two companies would work together to improve management of Internet traffic, Martin used the occasion to imply that Comcast admitted its current management strategies are flawed, something the company says is not the case, according to Cohen. (Multichannel News 3/31)
Google offered up a variety of April Fool’s Day fun today with Gmail Custom Time allowing users to tag e-mails with previous times. Never again will that report be late. Along with Gmail Custom Time, Google also offered the Google Wake Up Kit sending users a “relentless” round of notifications via Google Calendar ensuring you get you booty out of bed on time for that early morning meeting. (http://www.techcrunch.com/2008/04/01/google-wake-up-kit 4/1)

According to a new study released by Attributor, Google and DoubleClick control a whopping 69% of the interactive advertising market. Google, which recently acquired online ad service DoubleClick, controlled 34% of the market in January and DoubleClick snagged about 35% of the share. (Iwantmedia.com 4/1, http://www.adotas.com/2008/03/google-and-doubleclick-rule-online-ad-market 3/31)
Warner Bros. Television is enlisting the help of video search and targeting firm Digitalsmiths to help manage the video inventory of a new WB video site slated to launch in the coming weeks, reports Daisy Whitney in TVWeek. Digitasmiths provides tools to help visitors find what they’re looking for online and serve ads to the content contextually. (Cynopsis 4/1)

Comcast/Lionsgate/SPT’s multiplatform service Fearnet scored an off network exclusive. Episodes of NBC’s horror anthology series Fear Itself, premiering May 29 on NBC, will be offered on Fearnet.com and Fearnet’s VOD channel beginning Labor Day, Sept. 1, along with outtakes, director commentary and additional scenes. (Cynopsis 4/1)
Blockbuster is repositioning itself as a multiplatform retail store/online rental service in hopes of competing with Netflix, which delivers DVDs only through the mail and online. CEO Jim Keyes has been telling Wall Street that the company will add movie downloads by the end of the second quarter and has plans to launch a trial of an in-store kiosk where consumers can download films digitally. (Internet Retailer 4/1)
Free ad-supported music service SpiralFrog signed a deal to add the catalog of Warner/Chappel Music to its roster of audio and video content. The site delivers offers free ad-accompanied downloads of more than 1 million songs and 4,000 music videos, claiming almost 850,000 users. (Cynopsis 4/1)

OpenSocial opened its arms to another adopter, as hi5 became the latest social network to launch a developer’s platform. hi5 is the first OpenSocial networking platform to offer a messaging API, allowing application builders to offer notifications, invites and other features. (Cynopsis 4/1)

Facebook and job-hunting site CareerBuilder are teaming up to help clients run job recruiting campaigns. Specialized recruiting ads will appear within Facebook pages. CareerBuilder, which is owned by McClatchy, Gannett and Tribune, plans to use the site to help clients recruit. (Iwantmedia.com 4/1, http://sanjose.bizjournals.com/sanjose/stories/2008/03/31/daily16.html 3/31)