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Top News: Why Yahoo found online ads hard | Facebook's Smart Lists | Project Devil cools

Online Ad Market:

  • Why Yahoo, others find it hard to make money with ads.
  • AOL ads trail Yahoo, Project Devil cools.

Social Media:

  • Facebook testing automatically grouping friends into Smart Lists.
  • Facebook hires HTML5 app store builder.
  • Your favorite Twitter client’s search results are about to get easier to read.

Mobile Computing:

  • Google launches a slick music beta app for iOS — web, not native.
  • Microsoft Apps are coming to Symbian.
  • A new Blogger app for iOS.

Business Strategies:

  • Twitter closing another massive $400M round.
  • Who to run Yahoo? Strong candidates abound, but first — a vision, please.
  • Nintendo falls on concern price cut won’t suffice for 3DS to meet target.

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