TechCrunch mashed together the online advertising revenues of the big 4, being Google, Yahoo, Microsoft, and AOL, for the third quarter. The result? Just 0.6% growth, which is still some $50 million increase, but pale in comparison. Read Erick Schonfeld’s post for graphs and more. Also, don’t miss the blog networks roundtable for some more bloggish thoughts on the current financial situation.

At Allfacebook, Nick O’Neill claims that at least one Facebook application developer is making more than $1m/month, but won’t say who it is:

There’s a pretty well known secret among top Facebook application developers: one developer is generating over $1 million a month. Who is that developer exactly? Well, most people won’t talk about it and after some prodding around we’ve narrowed down the suspects. We aren’t going to post them though because ultimately it doesn’t matter who the individual is. All that matters is that a top application that is used for entertainment purposes is generating over $1 million a month.

So who is it? read more