Here's the latest action:
Layoffs hit Revision3 -- A number of shows are leaving the online video network or have been canceled.

Google Earth now available for the iPhone -- The Google Earth Blog declares that the new iPhone app is "awesome."
Microsoft opens Surface to third-party developers -- The goal is to find the "killer app" for Microsoft's tabletop computer. AOL to use Brightcove video player -- The move marks a shift in AOL's strategy, because it has spent the last several years developing its own proprietary video player. TubeMogul buys Illumenix -- Both companies provide web video analytics. The terms were not disclosed.
Police bust online game ring for money laundering -- The group allegedly sold game money that was illegally produced in China using cheap labor and virus programs.
Virtual world Gaia Online adds support for AOL's Instant Messenger -- Gaia says its users are already sending 2 million instant messages per day with the new feature.
Sohu.com, a Chinese operator of online games and media sites, plans $150M stock buyback -- Sohu's board just approved the repurchase program. Illegal G1s pouring into China -- The smartphones reportedly cost $584 in Beijing, plus another $73 to unlock the phone.
Truphone brings VoIP to BlackBerry -- The mobile software developer had an earlier hit with its iPhone app.

Vanno uses Digg-like ratings to judge company reputations -- ReadWriteWeb has 500 invites to the social news site. Verizon profits soar on wireless -- For the third quarter, Verizon's profits increased 31 percent to $1.67 billion (59 cents per share). Windows Live ID supports OpenID -- Now you can use your Live ID to set up an OpenID alias to access sites like social network Plaxo. Microsoft says OpenID is "an emerging, de facto standard web protocol for user authentication."