»  Twitter app developers have seen a 50 percent cut in early-stage investment over the past year—though it’s not clear if that’s the result of Twitter’s own evolving business model or tied to the number and type of new apps on the market. [Mashable]

»  Not surprisingly, troubled oil giant BP wasn’t a big spender on search ads before the oil spill in the Gulf. In two months, BP went from spending very little on search advertising—about $57,000 a month—to becoming one of Google’s top advertisers, dropping nearly $3.6 million in the month of June alone. [AdAge]

»  Craigslist’s decision to shutter its “adult services” listings isn’t likely to end the debate over websites’ responsibility to filter user-gen content. [WSJ]

»  Random House is exploiting the trend for vampire romance through an interactive story project in partnership with Stardoll, the social gaming site for teenage girls. [The Guardian]

»  After weeks of intense negotiations and some spirited public jousting, Walt Disney Co. (NYSE: DIS) and Time Warner Cable (NYSE: TWC) have hashed out a new carriage agreement covering a roster of high-profile networks that includes ABC, ESPN and Disney Channel. [Mediaweek]

»  AOL (NYSE: AOL) and Telepictures Productions today launched a partnership in which AOL and The Ellen DeGeneres Show website will share promotion, traffic and content. [Release]

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