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• Google to buy video compression company On2, could help cut costs for YouTube
  
• Google sells radio advertising business as part of plan to shed underperforming operations
  
• News Corp. 4th-quarter net loss hits $203 million on MySpace writedown
  
• Fairpoint Communications posts 2nd-quarter loss on hefty debt swap charges, lower sales
  
• Cisco earnings fall 46 percent in latest quarter, but company expects upturn in demand
  
• Chinese PC maker Lenovo reports $16 million quarterly loss as global demand slumps
  
• Porn mad Aussies routinely ‘masturbating in front of public library computers’
  
• Nasdaq’s second-quarter profit drops, hurt by charge tied to asset sale, currency translation
  
• Comcast reports 53 percent jump in 2Q profit on higher revenue, but subscriber growth slows
  
• Global financial crisis hits outsourcing of mass to India
  

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