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Great story from iPhone ad network provider AdWhirl. Apparently the developer of one of the most popular applications for the platform ever wasn't generating any ad revenue from it for several days, missing out on up to $2000 a day according to the company's co-founder Sam Yam.

Microsoft's chief operating officer recounts a phone call he says he got from the Apple legal department, demanding the removal of the TV ads. Read this blog post by Steven Musil on Apple.

Homemade YouTube videos are becoming a source of entertainment and income.

In a new ad, GM's putting the muscle back in muscle car. (Apologies for the strained metaphor...)

USA Today has news of GM's racy new promo spot for its Camaro, which was posted on YouTube to support Chevrolet Gay Days At The Movies in Los Angeles. The video features "go go boys" in tight bathing suits washing a Camaro. Subtle it is not.

Scores of complaints can be found at WickedFire, where advertisers are complaining of massive click fraud and an indifferent Facebook. A few of the recent posts (excuse the language):

"The Lam/Suen family was allegedly using click fraud to make more money for their site WoWMine.com—mainly by clicking competitors' ads until their competitors' ad budgets were exhausted.

The possible sale of Yahoo’s HotJobs would be a huge blow for members of the Yahoo (NSDQ: YHOO) Newspaper Consortium, as the alliance is the only source of help-wanted-ad revenue for nearly 200 papers. But that’s apparently not deterring papers from joining.

A steamy Calvin Klein billboard that seems to show a teenage girl in a threesome - with suggestions of a foursome - is raising eyebrows and ire.

On Wednesday Digg unveiled a new ad platform that will give companies an ad medium that looks and feels like user-submitted stories which have been promoted to Digg's front page.

Facebook has begun tapping a new revenue stream with the introduction of an internal payments system, a move that might help the fast-growing social networking website achieve profitability while being less reliant on advertising.