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 be worth 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 -- Its Internet space is like the U.S.'s in the mid '90s. The blog alarm:clock looks at Tixa, a Chinese online ad network (like Doubleclick or Valueclick), which just got funded.


Wow! Bono owns Forbes.


Technorati is the premier blog search engine. Founder Dave Sifry gives his 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) losing its groove?


Seth Godin and Guy Kawasaki are by far my two favorite marketing pundits. 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) bought MySpace last year for $500 million. Yesterday Google ( GOOG) 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).


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. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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