These summary posts are designed to be a 'quick fix' of the top Web news, for those people who don't have time to read the full articles but who want to stay informed.
- Internet Boom in China Is Built on Virtual Fun; NY Times continues the western fascination with all things China. This article profiles Tencent and their dominant mobile entertainment and IM service called ÄúQQÄ? - which "has reached more than 100 million users, or nearly 80 percent of the market." The crux of the piece is that US companies like Google and Yahoo have largely not succeeded in China because they haven't adapted to ChinaÄôs Internet market, "which is geared primarily to entertainment and mobile phones".
- New Panama Ranking System For Yahoo Ads Launches Today; as Search Engine Land explains, Yahoo's Panama ad system is designed to take "ad quality and other factors into consideration in determining how ads are ranked on search results pages (a system similar to that long used by Google)." The high level question most are asking is whether Yahoo has left this move far too late, to seriously challenge the dominant Google AdWords?
- New Google Mini Integrates Google Analytics; more evidence of product integration happening at Google.
- Digg further reduces the influence of top diggers; what makes this so fascinating is that Digg is trying to make their site more democratic, but at the same time not piss off their top users (too much). It's a delicate balancing act for Digg.