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This post is from from my other blog here

A summary of search related news items that occurred this week including in light of emerging competition from Facebook, MySpace plans an extreme expansion of their workforce and global coverage, Verizon announces a super-fast Internet service that offers 20 Mbps download and upload speeds, Google slaps text link selling sites with PageRank reduction, Microsoft beats Google in battle for Facebook's advertising hand, CNet sells Webshots photo sharing site to American Greetings for $45 million, and finally, in the next couple of weeks, Digg will roll out a new Images category in addition to News, Video and Podcasts.
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