Startup Watch: Weblo (A Social Network For Speculators)

It's official. The domainers have taken over the asylum. Next week, a new social network/ virtual world called Weblo will launch where members can buy digital real estate (including cities and states), manage celebrity fan pages, and own Weblo domains (that only exist within the social network). Each piece of real estate is tied to an actual property in the real world—Buckingham Palace, the Taj Mahal, your house.

Rumor Mill: Apple iPhone-Cingular Deal?

Will the much lusted-after Apple iPhone finally show it's pretty little face in early 2007? ThinkSecret predicts an exclusive launch with Cingular after the holidays. (Note: image on right is just a fake mockup).

BTW, Apple launching an iPhone by January 12, 2007 is one of the events we are trading at BizPredict. Last time I checked, the crowd was giving that a 62.5 percent probability of happening. If you think the probability is higher, register for a free account and buy that event at $62.50 a share. It pays out at $100 if it turns out to be true. It's all play money, but you can build your reputation as a business prognosticator.

Yahoo Buys Web Video Editing Startup

Adding to its arsenal of Web 2.0 startups, Yahoo just bought Jumpcut. This gives Yahoo a whole new Web-based set of video remixing tools.