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Oct 16 2008 7:34AM EDT

First Bytes: Nokia, Playboy, YouTube, Android, Virtual Worlds

--Nokia reports a net profit plunge of 30 percent and sees its market share dip a percentage point to 38 percent.
[Yahoo]

--YouTube founder and C.E.O. Chad Hurley gives a little media history lesson, comparing online video to the early years of television.
[TechCrunch]

--For the affluent in Asia, report shows phones are increasingly being depended on to follow sports, watch video, read blogs, and take pictures.
[Yahoo]

--Investors pump $148.5 million into virtual world companies in Q3.
[PaidContent]

--Playboy Enterprises says goodbye to its DVD division to put money and focus instead on building its presence online.
[PaidContent]

--Andrea Chalupa


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