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The morning news from our favorite Fortune 500 tech firms:

  • The New York politician suing Google calls its alleged child-porn-ad income "obscenely profitable." Good one, New York politician. Good one. [CNET]
  • Microsoft sinks another $1.6 bil into MSN. Meanwhile, Steve Ballmer starts lighting his cigars with hundred-dollar bills. [NYT]
  • AOL plugs VoIP into AIM. How heartwarming to see the oppressive conglomerate phone companies trumped by an oppressive conglomerate media company. [NYT]
  • Yahoo's ad network gets sued for click fraud; meanwhile, Yahoo boots MySpace-exploiting ad hosts. [InformationWeek; Search Engine Journal]
  • Electronic Arts stock tanks, just in time for the company to disappoint gamers at the E3 convention. [TheStreet.com]