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    UPDATED: The Hollywood Reporter and Billboard Sold, Editor & Publisher and Kirkus Are Shuttered

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    Sergey decides not to own everything

    Maybe Google cofounder Sergey Brin is feeling a little touchy. Yesterday, while Microsoft and Facebook consummated their deal with a very public "win-win-win" lovefest, Brin, an internal champion of the Facebook deal, was stuck with 300 financial analysts and press at Google Analyst Day. His immediate reaction to losing out to Microsoft?

    "We don't need to own everything to be successful on the Internet," Brin said, according to reports. Then Brin reminded the gathered that Google runs MySpace's advertising business and does the same for 20 other social networks. Why didn't anybody ask him to name them? (Photo by AP/Noah Berger)


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