First ever YouTube awards to be announced

Hachette Fillipacchi, La Repubblica, and Prince Frederic von Anhalt

Hachette Fillipacchi, La Repubblica, and Prince Frederic von Anhalt

UPS

YouTube announces plans to present awards for the best user-generated videos of 2006. Members' votes, of course, will be the basis for selecting the winners

Hachette Fillipacchi, Hearst Corp., and Rodale sign deals with Brightcove to add video content to some of its top magazine Web sites

Daniele Mastrogiacomo, a reporter for the Italian daily La Repubblica, is released by the Taliban after being kidnapped and held for two weeks

DOWNS

The Morton-Groves Newspaper Newsletter, which had covered the newspaper business for more than 30 years, goes out of business due to the changing face of the industry

The Washington Post runs an ad on the front page of its sports section, the first time the paper has given up the front page of a daily news section for advertising

Prince Frederic von Anhalt sues the Fox Network and Bill O'Reilly after the latter called him a "fraud" for claiming he could be Anna Nicole Smith's baby's father

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