6.9 Billion deal in which 2 biggies merge. One thing is for certain - The brokerage industry is moving towards managed accounts rather than traditional accounts, thus enabling the firms to take a flat fee on the asset size in the account. The need for bank in a brokerage firm is clearly evident from the recent events in the brokerage industry clipped from online.wsj.comHOW THE MERGER AFFECTS YOU Wachovia's latest deal will give A.

I have completed missed this item , google acquiring Feedburner!! clipped from mashable.comMy Readers With its acquisition of Feedburner, Google now controls the leading company for managing RSS feeds. Thus, Google knows everything about my readers – how many of them there are, where they come from, and how they access my content. How might Google use this information? Targeting ads in my feeds based on context or geography sounds like a start, but using cookies the company could also theoretically collect data on my readers and better tailor ads to them throughout Google’s product line.

via CNNMoney :