New patent: Google knows what’s in that video you uploaded (and probably where you shot it)

YouTube could make more money. Video search could get much, much better. And that laborious process of tagging every video you upload to YouTube with all the keywords you can possibly think of might finally be over … all because of technology based on a recently awarded Google patent that enables automated object recognition.

WhatRunsWhere acquires Mobile Ad Spy to reveal your competitors’ web and mobile advertising (exclusive details)

WhatRunsWhere, the innovative service that allows you to track your competitors’ online advertising, has just acquired U.K.-based startup Mobile Ad Spy, which essentially does the same thing for mobile.
Terms were not publicly announced, but VentureBeat has learned from chief operating officer Max Teitelbaum that the deal was worth north of seven figures … a significant exit for a start-up launched just last year which is still in beta.

Apple will stream its iTunes Festival live

The iTunes Festival is an annual music event that Apple holds over 30 days. This year’s event features musical performances by the likes of Usher, Deadmau5, Jack White, Muse, Alicia Keys, and more. Usually, the company raffles off tickets to each night of the shows, but this year it’s doing considerably more.