His blog, Silicon Alley Insider, or SAI, is an increasingly influential force in the tech blogosphere and has given Blodget the ability to establish a front row seat for Bubble 2.0.

We take a look at a tumultous past couple of weeks for Yahoo.

While it is very possible that this was some sort of intentional leak, it's still interesting because it gives an insight into a company that has been given a $15bn valuation by investors such as Microsoft and Li Ka-shing.

The project’s success is due entirely to promotion via social networking, but this could also be its biggest risk of failure.

Now P&G, one of the world’s largest advertisers, has spoken out for the need for change in the internet marketing industry.

But besides showing how far he was prepared to go to appear in touch with MySpace's yoof audience, and being pretty embarrassing, is this a big deal?

A number of well known companies and political partites have been accused of altering their entries on Wikipedia, in order to cover up previous misdeeds, or to make their rivals' entries less appealing.

A new tool developed by the California Institute of Technology can find out about the editors of Wikipedia entries by comparing the net addresses of editors on Wikipedia to a known database of IP addresses.

Many are also reportedly warning their staff that use of the social network at work constitutes a sackable offence - City firms Credit Suisse and Dresdner Kleinwort have both banned use of the site.

John Mackey, chief executive of Whole Foods, used the moniker 'Rahodeb' to make postings about rival Wild Oats over several years, according to a filing from the Federal Trade Commission.

In addition, Mark Zuckerberg's sister Randi Jayne, who also works for Facebook, has recorded a video trashing the competition. That this has been taken down at Facebook's request has added to the IPO speculation.

Reuters reports that the move could happen as early as next year, thanks to the company's rapid growth - its membership has doubled to almost 12m in the past nine months.

Aaron Wall explained that he did not have the time to take the site mainstream, counter competition from a growing number of blogs and keep contributors on the straight and narrow, thanks to new personal commitments.

The name went for a then record $7.5m when it was bought by two entrepreneurs at the height of the dotcom boom in 1999.

The Times is reporting that negotiations between the two companies are tentative, and may be under threat after Terry Semel's replacement by Jerry Yang as Yahoo CEO.

A source told the paper that the new service would "do for broadband what Freeview did for digital television". It has been dubbed 'Project Kangaroo'.

VW.com had been featured by Google's Enterprise blog last week for making search front and centre of a new design.

The source of the speculation is an article in the New York Post, which claims that Microsoft is the driving force behind the possible deal and that Yahoo!'s price could be around $50bn (£25bn).