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Web Advertising Hits Record High, Torrents For iPhone, Web Giants Vs. Gov At eG8, And More…

The Fast Company reader's essential source for breaking news and innovation from around the web--updated all day Web Ads Hit Record High In a sign that this bloody never-ending recession is indeed coming to an end, marketers are now spending record amounts on web ads, according to the Interactive Advertising Bureau. At $7.3 billion dollars, ads have spiked 23% year over year. To celebrate, we suggest actually clicking on a banner ad today to say, "Thanks, free Internet!" Download Torrents On iPhone (Jail-Break Only) Wish you could break the law all the time

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Amazon’s $0.99 Gaga Album Is Opening Salvo In Cloud War With Apple

Lady Gaga is hot property in terms of brand promotion, meaning Amazon's pulled off a huge coup: It's offering her new album for just $0.99. As part of the deal, you get free access to 20GB of Amazon's new (unlicensed?) cloud music locker--a service that normally costs $20 per year

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Crystal Ballin’ With …

Fast Company introduces a new series of interviews, in which we ask CEOs and others to don the futurist's wizard hat and gaze into our crystal ball. Our first interview, on the future of music, is with Drew Larner, the CEO of Rdio. News is, rightly, about What Just Happened.

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Massages, Flowers, And More MarketSharing Lifestyle Deals For Business Set

A New York startup is betting that businesses will, in fact, want deals on more than just printers. A few weeks ago, we told you about one of the first daily deal companies to start doing offers for businesses. Now another is opening up in New York, but this time with a twist.

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How Viral PDFs Of A Naughty Bedtime Book Exploded The Old Publishing Model

The party line on piracy is that it's bad for business. But what to make of the case of "Go the Fuck to Sleep," the "children's book for adults" whose viral-pirate PDF launched the book to the number-one spot on Amazon.com a month before its release? Something remarkable happened today.

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Music Sales Up, Taliban Joins Twitter, Gilt Worth A Billion, And More…

The Fast Company reader's essential source for breaking news and innovation from around the web--updated all day. Music Sales Up Thanks To Hipsters, Old People Nielson released a piracy apocalypse-busting stat about the music industry: sales are up 1.6% in 2011. Premium content, such as the Beatles' albums , and a 37% surge in vinyl (thank your local hipster, everybody), helped propel a trend for a sector that hasn't always had much to celebrate lately

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How Google Music Beta Could Make Users Go Gaga

What's Google's new cloud-based music service got in common with Lady Gaga? Word of a forthcoming ad shot last weekend in NYC and pairing the tech and fame monsters might offer clues. Today at Google 's I/O conference, the company unveiled Google Music Beta, a cloud-based music service that enables users to store songs in a digital locker and stream them to any Android device--phones, tablets, laptops, or desktops

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Len Blavatnik Buys Worlds Largest Record Collection: Warner Music Group

The Russian-born industrialist billionaire, who made his fortune in chemical and natural resource companies after the fall of the Soviet Union, just bought Warner Music Group, the record label that manages Cher, The Red Hot Chili Peppers, and Waka Flocka Flame. Access Industries will acquire Warner Music Group , for $3.3 billion in cash, it was announced today.

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