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President Barack Obama

made a special appearance on The Tonight Show with Jay Leno last night. Obama used the platform to pitch a change in economic ethics and values, much of it centered on the recent AIG bonuses scandal. President Obama is the first President in office to be a guest on the famed Tonight Show.

Nielsen is reporting that Twitter’s traffic has grown 1,382% between February 2008 and February 2009. The micro-blogging service, which launched in 2006 and received 475,000 unique visitors in February 2008, is now garnering more than 7 million unique visitors a month.

Cisco has purchased Pure Digital Technologies, the company behind the Flip video cameras, for $590 million in stock. Since it began selling Flip cameras in 2007, Pure Digital has shipped more than 2 million units, by making it easy for users to record and upload video to sites like YouTube.

Legislation was introduced yesterday that would require the Commerce Department and Federal Communications Commission to make inventory of the nations airwaves and how they are used. The legislation, which could be extremely valuable to wireless providers, demands that wireless spectrum be used efficiently and as “available to innovators and consumers as possible.” If passed, the inventory could set up a future auction of spectrum, similar to the 700MHz auction last year.

Sources say that The Beatles, whose catalog is still not available in a digital format, may decide to build their own digital music store. Apple Corp., the band’s record label, has long been in a battle with Apple’s iTunes over pricing. Dhani Harrison, son of Beatles guitarist George Harrison, said “[Steve] Jobs says that a download is worth 99 cents, and we disagree.” While plans to sell mp3’s through a digital store are still up in the air, the band has licensed its music to “The Beatles: Rock Band”, which will be available September 9th.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.



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