holding

Covering industry news, naturally I read a lot of press releases. Sometimes they're sent directly to me or our news team as a whole, sometimes I find them online through PR wires, and sometimes I will find them on the companies' websites.

There has been a lot of talk about the online advertising industry being in trouble because of the economy, yet we continue to see example after example of the contrary. The latest example is highlighted by VentureBeat, and concerns ad network Glam Media, which despite making job cuts earlier in the year, is still seeing growth in advertising:

Sun Microsystems CEO Scott McNealy could be at a point where his work with Sun is complete, which makes one analyst believe the outspoken executive may depart the company.

Cell phone phenom Nokia said they're going to wait and see what happens with the mobile WiMax market before they take the big leap. They are planning their release for 2008 giving time for the market to be established.

One Wall Street analyst sees Yahoo nearly at its full valuation and changes his firm's rating from "buy" to "hold" while remaining bullish on the company's long-term prospects.

In a few days I'll be at the European Xbox launch in Dublin, Ireland. Lots of sad faces as people can't get Xbox's.

Two big music publishers won't take part in iTunes Japan, a business strategem that can best be summarized as "gimme."

Good ideas are literally "a dime a dozen". Individuals conceptualize revolutionary new products and new services with each passing minute of each day. Although there is such a steady stream of ideas that can be marketed successfully and developed into a lucrative business, there are actually few new businesses that make it past the "initial stages" into actual existence.