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A new survey shows that 1 in 8 cell phone-toting American have no landlines. They’re also more likely to be binge drinkers, smokers, and lack health insurance. Really.

Microsoft snaps up British online mapping service Multimap for $50 million. This narrows the yawning gap with Google in the mapping department - barely.

Penthouse Media Group acquired Various Inc, owner-operator of AdultFriendFinder.com. The deal, which has been rumored for awhile, makes Penthouse the largest adult entertainment company in the world.

Led Zeppelin’s reunion concert was all over YouTube before fans’ ears even stopped ringing. Meanwhile, the band’s album sales are way up.

Tech somebody Robert Scoble is leaving PodTech next month just like Fake Steve Jobs predicted.

Classmates.com deep-sixes their IPO plans. An older, wiser Henry Blodget quotes a younger, rasher Henry Blodget, calling the sorry company a lipsticked pig, enraging porsine transvestites the world over. Meanwhile a Cowen analyst bullishly predicts that Classmates’ revenues won’t hit zero until 2012.

CNBC is teaming up with Yahoo to distribute digital content on the web. CNBC hopes it’ll improve their meager Internet presence - fallout from their cable carriage deals.

The zeitgeist of 2007 is so hard to sum up in one word. But let’s try, and call it w00t. Say it loud, say it proud, while you still can.

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via webbalert