Google officially announced about Gmail V2.0 for Mobile Launcher… This new version is geared up with several features that support J2ME and BlackBerry phones and is available in 35 languages.

According to the Official Google Mobile Blog:

Yahoo! indeed has planned to fire 1500 workers in order to implement its cost cutting exercise in full flow!.

The economy smashup is spreading its arms all over the world… Despite of good economic figures in the third quarter, Yahoo is still set to reduce the staff by an equivalent ten percent reduction on its payroll.

"We are going into what is very clearly a recession mode," Blake Jorgensen, Yahoo's chief financial officer, said in a Tuesday interview.

I think this economic catastrophe will not spare anyone. Even Yahoo! seems to be getting largely affected by this huge wreck, specially in the US economy.

Wall Street Journal is geared up with ample information as far as the cost-cutting measures of Yahoo! are concerned!

"Yahoo Inc. is drafting significant cost-cutting plans to try to reverse its fortunes from the inside.

A lot of speculations are made and it has been said that Microsoft may test rebranding Live Search as Windows Live Search! I don't know whether this aspect is true or not, but the LiveSide Blog is reporting various such reflections on its website.

According to LiveSide.net, following major developments are seen:

1. A rebrand back to Windows Live Search
2. A new look for Search

A lot of analysts as well as financial watchers were making speculations that Google might “touch the ground” or “come down to Earth” with its Q3 earnings, given the critical situation as well as the agitation in the US market.

But Google soundly managed to beat all the expectations and came out with a very healthy Q3 revenue! The company reported 5.54 billion dollar in revenue for the third quarter, which represented a 31 percent increase over the same period last year.

According to Bloomberg “Google Inc., owner of the world's most popular Internet-search engine, lost two copyright lawsuits in Germany over displaying photos and artworks as thumbnails in a preview of search results.”

Thomas Horn, who holds the copyrights of some of the images, won a second case, court spokeswoman Sabine Westphalen said in an e-mail:

When Microsoft announced that they had entered into a collaboration with Facebook to conduct Live Search in Facebook, the Redmondians were not willing to share the details at all!

But now the entire scenario has been changed. Today, that plan has been implemented and Live Search is a part of Facebook!

According to the official Facebook Blog:

It was somewhere around the month of May when Yahoo! acquired IndexTools.

Now Yahoo! is making use of their acquisition with a new service Web Analytics.

This new service is meant specially for the Business websites and offers real time graphs and reports that are specially meant for analyzing sales, traffic on a particular site as well as page views.

According to the official Yahoo! site:

Ask.com has released version 11 of their new search engine today.

Techmeme is geared up with all the coverage of the news item, along with the main articles currently from the NY Times and News.com.

“We have rebuilt the Ask site from the ground up,” said Mr. Safka, who was earlier the chief executive of Match.com.

Last year, Google came out with the Google Toolbar version 5 for Internet Explorer. Now the version is available for Forefox and is geared up with a lot of changes as well.

According to Google, :

"A few months ago we launched several new features for Google Toolbar in Internet Explorer. Since then, we've received many emails asking us when we plan to support all our new features in Firefox.