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Adotas' Internet Advertising News section focuses on daily news and activities in the Internet advertising marketplace-including news on  finance, events and technology.

ADOTAS – The “erotic services” ads on Craigslist are going to be whipped into shape, the company said. The online classifieds shop came to an agreement with 40 state attorneys general and agreed to soften the tone of the listings, which are often used by prostitutes and sex companies...
ADOTAS – Election night gave texting a huge boost – AT&T is reporting e largest spike in its history. In the hour following the announcement of Barack Obama’s victory, traffic across AT&T’s network grew by 44%. The company said. In Q3, AT&T reported that about 64 billion texts were sent...
ADOTAS – Microsoft’s chief Steve Ballmer does not share Yahoo chief Jerry Yang’s enthusiasm for renewed takeover talks. “We tried at one point to do a partnership around search ... and that didn't work either, and we moved on and they moved on. We are not interested in going back...
ADOTAS – Watch out Hulu! Feature films are coming to YouTube possibly as early as December, according to reports. Google has been in talks with Hollywood studios for months, and it looks like at least one major company is in. The streaming movies will be ad-supported, but some wonder...

Layoffs: AMD, LinkedIn, Veoh

ADOTAS – Chipmaker AMD reduced its workforce by 3%, or roughly 500 staffers. In April, the company laid off 10% of its staff. LinkedIn has announced that it’s cutting 10% of its staff (about 36 jobs). LinkedIn recently raised $22.7 million in funding (in June it raised $53 million). Veoh, an...
President-elect Barack Obama, who will inherit the worst financial crisis in decades when he takes office, is expected to announce his pick for some key economic jobs soon and may reveal his Treasury Secretary selection as early as Thursday. Timothy Geithner, president of the Federal Reserve Bank of New York,...
ADOTAS – Mogreet, a service that sends video greetings via SMS and MMS, has raked in $5 million in a Series B round of funding. Existing investor Draper Fisher Jurvetson Frontier participated, as did Ascend Ventures, Black Diamond Ventures and Spyglass Ventures. Video game entertainment network Machinima.com has received $3.85...
ADOTAS – Amdocs, an operations software service provider, has acquired ChangingWorlds, a provider of technology for mobile services companies, for $60 million in cash. The two companies aim to boost customer experience by making it easier to navigate the Internet on their phones and reducing the time they spend looking...
ADOTAS – The election may be over, but we apparently can’t escape flip-flopping: Yahoo’s chief, Jerry Yang, has decided that a deal between Yahoo and Microsoft is a good idea after all. This of course comes after Google officially canned a search advertising deal that was expected to rake...
ADOTAS – Obama won: now what does that mean for the ad industry? According to an article over at AdAge.com, increased regulation, taxes on ads and expanded FTC oversight may be headed our way. Rep. Rahm Emanuel, D-Ill., may be chief of staff for Obama, and Dick O’Brien, the executive...