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Google’s mobile plans: of Omar Hamoui, AdMob, and Nexus One ThinkDigit
While Omar Hamoui started as a struggler to support his wife and children, he is now all set to be worth as much as a whooping $750 Million, thanks to a planned Google acquisition. As Google aims to extend its reach of advertisements from mostly PC-based to a more widely used cell phone base by acquiring AdMob, Omar Hamoui is surely a happy man. Omar Hamoui achieved a breakthrough in advertising by setting up a system for advertisements on mobile devices.

Gambling site to repay addict’s lost millions The Local
In a surprising move, a gaming company has agreed to pay back some of the millions of kronor a company in Uppsala in eastern Sweden lost due to an employee’s gambling addiction. “As far as I know, this is the first time this has happened,” Mattias Ekenberg with Swedish gaming addicts group Spelberoendes förening told the Upsala Nya Tidning (UNT) newspaper. The 4.9 million kronor ($673,000) repayment deal, details of which remain secret according to a representative from the Uppsala company, comes after the woman in charge of the firm’s finances gambled away 15 million kronor in company funds. The woman was recently sentenced to three years in prison and ordered to pay 10 million kronor in compensation to the company, which had to lay off some of its roughly 30 employees and saw what it expected to be a profitable year turn into one with a multi-million kronor loss because of the woman’s actions.

App Store Success Stories Require a Pinch of Salt PC World
There are a few points worth considering before celebrating the iPhone App store or any other mobile marketplace as a limitless source of fame and fortune. Let’s give Tapulous props where they’re due: $1 million in monthly sales from the iPhone’s App Store is a staggering feat, especially when the marketplace is filled with more than 100,000 other choices. But claims that business is booming and that mobile app development could breed the next great tech company are overblown.

AT&T Suspends Online Sales of iPhone in New York City Daily Tech
Apple and patner AT&T have reportedly suspended all online iPhone sales to the city. Possible explanations include that the ban is to fight fraud or, according to an AT&T service rep, that its due to the telecom’s poor coverage in NYC. Customers are reporting that the iPhone is no longer available for NYC zip codes Although there have been reports of high dropped call rates for the Apple iPhone, a spokesperson for the company has contacted DailyTech on multiple occasions insisting that these reports are patently false and its partners at Apple are wrong. Unfortunately, to date, our contact at the company has been unable to provide any sort of information on their metrics on dropped call rates in the NYC or New York state to help us verify these claims. That said, it seems relatively obvious that the nation’s second largest carrier has struggled of late as it has cut its 2009 capital spending, limiting vital infrastructure upgrades.

Will recorded music survive the 2010s? CNet News
I have no doubt musicians will continue to perform throughout the 2010s, but they’ll make less and less money from recorded music. The passion to make and sell recorded music is already starting to wane. Big record labels will be increasingly irrelevant so I wouldn’t be surprised if Warner, Universal, Sony/BMG, and EMI eventually merge into one mega-label to sell and license back-catalog music. New music, that’s another story. Already established bands, like Radiohead, have already proved the point: they don’t need record companies anymore. They can sell their music directly to fans. But that model won’t work for smaller groups. Recorded music for them may survive purely as a promotional tool, as fewer and fewer bands have any expectation of seeing recording as a potential source of income. Buying music, in physical form or by legal download, doesn’t seem to have much of a future. So why would a band make an effort to make music people would want to listen to decades from now? The art of making albums–a suite of songs if you will–may become a rare pursuit.

Tyra Banks Says She’s Ending Her Talk Show New York Times
Tyra Banks’s daytime chats with movie stars and presidential candidates will soon be no more, as her self-deprecating jokes about her outsize “fivehead” come to an end and her celebrated fat suit goes back into the closet for good. In an interview with People.com, the Web site of People magazine, Ms. Banks said she was ending her talk show. “This will be the last season of The Tyra Show,” Ms. Banks told People. “I’ve been loving having fun, coming into your living rooms, bedrooms, hair salons for the past five years.”

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