Around the Web 7.14.08: E3 in town, Icahn makes it real, iPhone hotcakes

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-- Video game jamboree: E3, the video game industry’s biggest event, kicks off this week at the Los Angeles Convention Center after a year of hits such as Grand Theft Auto IV and the ongoing success of the Guitar Hero series. (A video-game version of Joe Perry of Aerosmith pictured above.) LAT

-- Microsoft cuts the price of the Xbox 360 to $300. But is E3 still the place for gamers to see and be seen? CNet

-- Yahoo v. Microsoft: If you are catching up on your stories from over the weekend, don’t miss the latest installments from the Yahoo/Microsoft saga. All Things Digital

-- Icahn makes it real: Dissident shareholder Carl Icahn filed official papers saying he will run a dissident slate of directors at Yahoo’s next shareholder meeting. AP

-- And the gold goes to: Online Olympics ads are 85% sold out. PaidContent

-- iPhone: One million iPhone 3Gs sold in the first three days on sale, making Apple’s goal of selling 4 million in the second half of 2008 seem very reachable. Fortune

-- Michelle Quinn