Google sells underperforming radio ad business

(AP) -- Google Inc. has found a buyer for a radio advertising business it has abandoned as part of efforts to cut costs and jettison underperforming operations.

Alleged 'Craigslist Killer' pleads not guilty

The 23-year old medical student accused of killing a prostitute he met after answering an Internet ad on the popular Craigslist website, pleaded not guilty Monday in a Boston, Massachusetts courtroom.

Web ad revenue grew in 4Q but slower than in past

(AP) -- U.S. Internet advertising revenue climbed in the fourth quarter in spite of the poor economy, but the growth rate was sluggish compared to previous years, according to an analysis released Monday.

Google to expand TV ad service to online video

Internet giant Google is testing a new service that would expand its television-ad brokering business to YouTube and video on other websites, The Wall Street Journal reported on Friday.

Fired Yahoo exec gets $58M for 15 months of work

Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

China web giant Baidu sorry after media lashing

China's top online search engine Baidu has apologised on state television following a barrage of criticism by official media over allegedly fraudulent advertisements.

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