NEWS BRIEF: Yahoo Layoffs, Neil Young’s Better Audio, Pub Catalogs To Be Sold, Rumblefish & More

• Today is layoff day at Yahoo with 2000+ getting pink slipped. (CNet, NYT)
• Neil Young Trademarks New Audio Format. (Rolling Stone) He's developing high-def alternative to MP3’s
• Sony plans to sell several music catalogs as it attempts to appease EU regulators' concerns over its $2.2 billlion bid to buy EMI Group's publishing. (IB Times)
• Mary J. Blige's Burger King Commercial Pulled Due to Music Licensing Issues (HTR)

MORE:

• Judge tosses P2P lawsuits because attorney was practicing without a licence (ars)
• Shazam Can Now Identify Your Content In As Little As A Second (TechCrunch)
• Universal Music Group has announced the launch of a new classical music label, Mercury Classics. (Music Week)
• Origami All Vinyl Store Turns Three (laist)
• Flaming Lip's Wayne Coyne On Confessions Of A Collaborator: What I Learned From Bon Iver, Ke$ha, And Yoko Ono (CoCreate)
• Rumblefish Catalog Grows To 1M Songs, Powers Soundtracks In Socialcam, Animoto, And More. (TechCrunch)
• At Universal Music Group, Laurent Hulin has been promoted to Vice President, Emerging Markets