PC World – This must be a joke: A Novell corporate blog item that chastises the City of Los Angeles for recently selecting Google Apps to replace Novell’s GroupWise e-mail and calendaring software.

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AP – The nonprofit body that oversees Internet addresses approved Friday the use of Hebrew, Hindi, Korean and other scripts not based on Latin characters in a decision that could make the Web dramatically more inclusive.

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AFP – Google stepped onto the Internet music stage, unveiling a service for finding, listening to or buying songs online.

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AP – The Walt Disney Co. is releasing an iPhone application that rewards users for poking through the Disney.com Web site and could one day offer exclusive bonuses for activities such as shopping at Disney Stores.

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AP – iTunes’ top 10 selling singles and albums of the week ending Oct. 19, 2009:

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Reuters – Developing countries risk missing out on the benefits of information technology because of their lack of broadband infrastructure, a U.N. agency said.

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Yahoo! results and its forecast for current-quarter sales pleased the investors; Yahoo’s shares boost almost 6% in extended trading after the market close. “It was a clean ‘beat’ quarter, you see signs of stabilization, which is very positive.” says Sandeep Aggarwal, an analyst at financial services firm Collins Stewart.

As Business Week says, Yahoo, in the midst of a sweeping reorganization and rebranding campaign under CEO Carol Bartz since she joined in January, emphasized that the online advertising market is stabilizing.

In the third quarter, Yahoo earned $186.1 million in net profit, or 13¢ a share. That’s up from 4¢ a year ago. Gross revenue of $1.58 billion was down 12% from a year ago. Net revenue after commissions to advertising partners, a more closely watched metric, was $1.13 billion.

About 5¢ of the profit came from the sale of Yahoo’s stake in China’s Alibaba, but remaining results were still ahead of forecasts. The company was expected to earn 7¢ a share on gross revenues of $1.52 billion, or $1.12 billion after payments to advertising partners.

The problem remains the search engine market, Yahoo! continuing to loose ground to Google. Yahoo said it expects gross revenues of $1.6 billion to $1.7 billion in the fourth quarter. Operating income before depreciation, amortization, and stock-option costs is expected to be between $400 million and $450 million. Both of those are somewhat higher than Wall Street forecasts.

PC World – Whether it’s because of Apple-bashing commercials, brief appearances on vanishing Web sites or hints and hype about features, the Verizon Droid has been attracting a lot of attention over the past few days. Here is a breakdown of what we know so far:

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AFP – Billionaire investor Carl Icahn resigned from his position on the Yahoo! board, saying the US Internet giant no longer needed an “activist” director like him.

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AFP – France will send out the first warnings to digital pirates early next year after passing tough legislation allowing for Internet access to be cut for those who illegally download movies and music, a minister said.

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