The Daily Blog Watch

Dialing up BCE, Murdoch's deal, and 50 million blogs and counting.
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Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs. As always, let us know what you think.

There's been a lot of speculation that profitless YouTube could beworth as much as $1 billion. GigaOm does an analysis of why

News Corp. can't buy it.

Every business model that works in the U.S. will work in China -- ItsInternet space is like the U.S.'s in the mid '90s. The blog alarm:clock

looks at

Tixa

, a Chinese online ad network (likeDoubleclick or Valueclick), which just got funded.

Wow!

Bonoowns Forbes

.

Technorati is the premier blog search engine. Founder Dave Sifry giveshis

State of the Blogosphere

analysis -- we're at 50 million blogs now.

Quant Investor looks at

deep value play

Ampal

(AMPL)

, based in Israel.

Is

Amazon

(AMZN) - Get Report

losing its groove

?

Seth Godin and Guy Kawasaki are by far my two favorite marketingpundits. So what a pleasure to read

Seth interviewing Guy.

13D Tracker with

the latest on activist play

Multimedia Games

(MGAM)

and hedge fund Liberation.

Acquisition of the century:

News Corp.

(NWS) - Get Report

bought MySpace last year for $500 million. Yesterday

Google

(GOOG) - Get Report

committed to at least $900 million and probably much more

just to be MySpace's search engine. Congrats to Murdoch for making the deal of the century.

Controlled Greed gives

the case for

Canadian telcom

BCE

(BCE) - Get Report

.

I loved "Super Friends." I loved

Office Space

. Now I love

"Super Friends" meets Office Space

.

At the time of publication, Altucher and/or his fund had no positions in any of the stocks mentioned, although positions may change at any time.

James Altucher is a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of

Trade Like a Hedge Fund

and

Trade Like Warren Buffett

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