Time magazine has produced it’s list of the 50 coolest websites. Bound to be a controversial list; here’s what they say about the criteria: “How do we select our finalists? We evaluate hundreds of candidates—some suggested by readers, colleagues and friends, others discovered during countless hours of surfing.”

Yelp is a new find and review site which is apparently quite poplular with the Silicon Valley crowd.

A couple of weeks ago Michael Arrington of Techcrunch got together with a number of startup CEOs and executives to video a discussion about Web 2.0. Participating in the discussion were Aaron Cohen (Bolt), Scott Milener and Steven Lurie (Browster), Keith Teare (edgeio), Steven Marder (Eurekster), Joe Kraus (JotSpot), Jeremy Verba (Piczo), Auren Hoffman (Rapleaf), Chris Alden (Rojo), Gautam Godhwani (Simply Hired), Jonathan Abrams (Socializr), David Sifry (Technorati), Matt Sanchez (Video Egg) and Michael Tanne (Wink).

“Converged” video company All New Video has launched a series of converged 3G, IP video and VoIP calling services that will allow increased interactivity between BBC viewers and News television programs, the company has announced.

“BBC viewers will be asked to call into the show from their phone, PCs and 3G mobile video phones. Once users are connected, the participants will be greeted with an interactive media response (IMR). Using the telephone keypad, participants will be offered the choice of recording a video or voice message for the show, or alternatively connecting directly into the show for a two way voice or video conversation with the presenters,” they say…

The emergence of a mainly online generation of customers is revolutionising both media and telecom markets, says Ofcom, whose annual report is quoted by the AOP.

Customers are taking advantage of falling prices encouraged by competition and are increasing their use of broadband internet, digital TV and radio and mobile phones

Ofcom’s annual communications market report states that for adults aged 16-24, the internet is their preferred medium: they spend 21 minutes more online per week than the general population.This age group also watch TV and listen to radio less than the average consumer. Seventy per cent of them have visited a social networking site such as Myspace and Bebo and more than half use them on a weekly basis, further compounding their gravitation towards and loyalty to the internet.

Piezo pads in the floor at a railway station capture energy from people walking by and use it to power the lights, says Wired News.

Stevel Rubel reports that big advertisers are insisting on independent 3rd party traffic audits using sites like Hitwise or ComScore and that by 2008 they will want auditing of ad serving technology being used.

The first business magazine is launching in Second Life, says Steve Rubel. Called SL Business it bills itself as the “Premiere Virtual Branding Magazine”.

ToolURL.com is a new site which aggregates performance tools for webmasters.

The internet grew by 4.4 million host names in July reports Steve Rubel (quoting Netcraft) , the largest such rise in one month – ever. And he says the rise has been driven by blogging with Microsoft adding 858,000 new “Spaces” and Blogger adding 568,000 new blogs.