Google Buzz allows users to post and browse updates, photos, links, and videos in a newsfeed similar to those of Facebook and Twitter. In fact, it's so similar to those sites, that critics complain it offers nothing new.
Among the particularly unimpressed were rivals Microsoft Corp. (Nasdaq: MSFT) and Yahoo Inc. (Nasdaq: YHOO).
Microsoft, which owns part of Facebook and has a search deal with the site, said in a statement:
Busy people don’t want another social network, what they want is the convenience of aggregation. We’ve done that. Hotmail customers have benefitted from Microsoft working with Flickr, Facebook, Twitter and 75 other partners since 2008.
In other news:
"We find that the iPad has a lot of potential," Iger said. "We think it's a really compelling device. We think it could be a game-changer in terms of enabling us to create essentially new forms of content."
— Erin Barker, Digital Content Reporter, Cable Digital News