Around the Web 6.18.2008: Microsoft buys non-Yahoo firm

In honor of the YouTube item below, we offer you as a ukulelelicious gift one of our favorite recent videos. Without further ado, here's what's happening around the Web:

-- YouTube is going long: the dominant video repository on the Net says chosen partners can upload clips far longer than the old 10-minute limit. Silicon Alley Insider

-- Microsoft is buying Navic Systems, which uses cable-box data to help companies place targeted ads on television. IPTV is coming, whether you want it or not. WSJ

-- Meet Center'd, the brand-spanking-new startup from ex-Yahoo and ex-Microsoft execs. Local search plus event planning. PaidContent

-- We reported the departure from Yahoo of photo site Flickr's vested founders last night. We didn't see the Stewart Butterfield's resignation note though. And we're not sure we could have made sense of it if we had. Valleywag

-- Having run out of Western antitrust officials to provoke, Microsoft tries a new tack by triggering a price-discrimination inquiry in China. Yes, that China. InfoWorld via Slashdot

-- Alt browser Firefox 3, beset by technical problems, gets a mere 7 million downloads on Day One. ReadWriteWeb

-- Joseph Menn