Reuters - Internet service leader Google Inc believes its recent advertising deal with Yahoo Inc will be beneficial as Yahoo tries to become more profitable, a key Google executive said on Wednesday.

AFP - A software-developer dad eager to share the fun of online video with his young children has single-handedly created a tot-friendly version of YouTube.

AFP - Mozilla on Tuesday released an improved version of its Firefox web browser that has gained popularity as a free alternative to Microsoft's ubiquitous Internet Explorer.

Reuters - Web communications leader Skype begins public testing on Wednesday of a new version of its software for making free or low-cost phone calls that aims to make casual video chatting more common.

Reuters - Verizon Communications Inc. is set to offer faster speeds for FiOS Internet customers in response to the growing popularity of bandwidth-heavy activities such as video downloading and photo-sharing, according to a draft of an announcement due on Wednesday.

Reuters - The video game industry is expected to shoot from $41.9 billion in global sales last year to $68.3 billion in 2012, a compound annual growth rate of 10.3 percent and better than all other media sectors except for online advertising and access.

Reuters - NBC Sports is taking a further step into Olympic sports with the acquisition of World Championship Sports Network, a small television network and online site that televises year-round competitions.

AFP - South Korea's embattled President Lee Myung-Bak Tuesday highlighted the benefits and dangers of the Web as he addressed an international meeting on the future of the Internet economy.