Microsoft is scrapping its social youth-aiming Kin phone after less than two months on the market.
AIG‘s chairman and CEO are at odds.
Apple launches iAds today with Nissan, Citi, Unilever, AT&T, Best Buy, and Chanel.[more]
AstraZeneca loses generic drug case vs. EU.
Baby Einstein foe packs it in.
Lady Gaga remembers she’s creative director for Polaroid.
Mattel dips toe in augmented reality with Qualcomm‘s help.
Mountain Dew extends label art initiative.
Move Networks lays off staff and looks for a buyer.
New York Times axes hyperlocal news initiative.
Newsweek bids are due today.
Nickelodeon teams with the NFL for shortform kids’ programming.
Pampers launches diapers designed by Cynthia Rowley.
Rite Aid, a U.S. drugstore chain, launches a private label called, simply, Simplify.
Toyota will recall 270,000 luxury vehicles worldwide, including Lexus LS sedans, over engine problems.
U.S. retail data for June shows consumers are watching their wallets.
Viacom-owned MTV will sell online adds for Warner Music on sites including YouTube.
Online ad engagement is up, but not click-throughs.