AdSense Changes:
URL Channels
New Languages
No AdSense ads on sites promoting or selling tobacco or prescription drugs

Affiliate Marketer Doom:
Google to allow only 1 affiliate / advertiser per landing page.

The Wrong Metrics:
Some webmasters are buying SEO services based on top ten rankings or number of pages indexed. While they may be interesting figures what really matters is targeted traffic and more importantly: sales. (found on ThreadWatch)

Picture Perfect:
or maybe not... Google's Picasas hacked. if you have PHPBB installed make sure you upgrade to a new version and have the server admin check for shady stuff. If you have been hacked you will want to change your MySQL passwords and whatnot.

Advertising is Evil:
Jakob Nielson looks at some of the worst ways to advertise on the web.

More Yahoo!:
Tim Converse (part 2)

That Little Blue Pill:
I wrote an article which attempts to answer the question Should I sell Off Topic Links?
While you are debating the topic find Viagra on sale here.