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Yahoo, Microsoft and AOL are teaming up to give Google a run for its advertising dollars. The three companies are banding together to sell ads on each other’s sites to better compete with Google’s AdWords dominance. The alliance could help even the playing field, or just get scrutinized for being anticompetitive itself. In other news, Microsoft previewed its Xbox TV platform expected to launch this holiday season. The plan will put streaming video content including live television into the hands of every Internet-connected Xbox owner. Microsoft is working with hundreds of content to suppliers to make the Xbox a formidable set-top box. And finally, PayPal showed off its new point-of-sale technology that will let online users spend in the real world. The system will work with retailers’ existing equipment, but gives consumers more payment options including using their mobile phones.