Yahoo is acquiring Display Advertising technology platform Dapper, which allows ad creation and optimisation – details at Yahoo. Also read: Why Did We Sell Dapper To Yahoo? (skip to the leverage bit)

Don’t say you didn’t see it coming: the Android is the most popular OS among recent smartphone buyers, reports Nielsen. Wait till Android phones become Rs. 5000 in India.

The BitTorrent app has been kicked from the iPhone App Store. Make an Android app.

Microsoft’s Internet Explorer browser falls below 50% of worldwide market for first time – StatCounter

ITI To Continue To Get 30% Of BSNL/MTNL Contracts: the 30% reservation has been renewed for two years. BSNL/MTNL will give 70% advance against the orders placed on ITI, for working capital requirements. ITI Ltd has incurred accumulated loss of Rs. 3513 crore as on 31.03.2010 (provisional figures). The operative quote: “In today’s highly competitive environment, it is very difficult for ITI to survive on its own without the benefit of quota which BSNL/MTNL has been extending for ITI for the last many years.” – PIB

This is why the Government shouldn’t be in business. Another example:

BSNL has threatened to scale down its Rural WiMax project if it isn’t given additional funding by the government of India, reports the Hindu Businessline.

Jason Calacanis is launching Launch, an email publication and event, to rival TechCrunch, writes the Guardian.

BookMyShow has the rights for online ticketing for the India-Australia Cricket series. You did watch the match yesterday, right?

NBCU Backs Set-Top Box Ad Company Invidi With ‘Small’ Investment – PaidContent

The New York Observer is looking to acquire Dealbreaker, a Wall Street tabloid blog – More at CNBC

Rediff.com shares were up 10% – more at Benzinga

Uninor and MTS at looking at a change of plans – Details at Business Standard

There a fight for control at Live Current Media, which it appears made a big mistake by getting into the online Cricket business. Its former CEO (who is a shareholder) is calling for its current management to be ousted, and among their mistakes, lists:
– Committed in 2007 to paying signing and special bonuses of $500,000 to a chief corporate
development officer who served less than 20 months of his five-year contract before being hired
out to work on a third party venture unrelated to LIVC in August of 2009, effectively ending his
commitment to the company and leaving the company without management
– Committed in 2008 to paying $50 million over 10 years – $50 million the company did not have –
for a cricket venture that the company abandoned in 2009
More here. Meanwhile, Global Cricket Ventures doesn’t know if it still has IPL rights.

IBM throws its hat into the hosted e-mail ring with Exchange Online competitor – More at ZDNet

Undocumented language found in Arunachal Pradesh, India – Details at AP