Main market news here. Stock futures, which started the morning positive, then turned mixed, are now negative with 45 minutes to go until the opening bell.

Verizon Communication's (NYSE:VZ) Verizon Wireless will deliver selected video clips from Google, Inc.'s (NASDAQ:GOOG) YouTube to cell phones starting in December. With YouTube being the leader in online video sharing, Verizon hopes to increase subscriptions to its mobile media service. This works well for YouTube's wishes to to expand beyond computers to phones. Financial terms were not disclosed.

Wal-Mart Stores, Inc. (NYSE:WMT) announced it will launch its own video downloads service this week. Currently, Wal-Mart accounts for about 40% of all DVD sales in the U.S. While analysts say that with this service Wal-Mart can protect that DVD market dominance. I just hope the DVD download site will perform better that Wal-Mart's website did during Black Friday.

After only 40 days on the job, Yahoo China's president, Xie Wen, has resigned ... for personal reasons. He joined Yahoo China on Oct. 17. Yahoo!, Inc. (NYSE:YHOO) has a 40% stake in Alibaba, which owns Yahoo China. The goal of Jack Ma to make Yahoo China profitable in 2007, may have played a part in this. Yahoo China still lags far behind Baidu Inc. (NASDAQ:BIDU), which has roughly half of the market, and Google Inc. (NASDAQ:GOOG).

Pfizer Inc., (NYSE:PFE) said it will discontinue its collaboration with Organon, a unit of Akzo Nobel NV, canceling the development of the schizophrenia treatment asenapine due to being commercially nonviable. Pfizer will return all product rights, intellectual property and data to Organon which will continue to develop the drug.

Time Warner, Inc.'s (NYSE:TWX) Warner Bros' new movie "Blood Diamond" about the bloody diamond trade in Africa to be released next month is picking up steam as it garners media attention.

TheStreet.com looks at yesterday's selloff and urges caution. The possible stocks that could present a good buy include Google, Inc. (NASDAQ:GOOG), Apple Computer, Inc. (NASDAQ:AAPL), Research in Motion (NASDAQ:RIMM) and NYSE Group (NYSE:NYX).

Following yesterday, CNNMoney.com also looked at blue-chip stocks and found that most have some exposure to real-estate or other problematic area in the current economic climate. Anadarko (NYSE:APC) seems to be the one best positioned, according to the article, while the Home Depot Co. (NYSE:HD), Citigroup (NYSE:C), Caterpillar (NYSE:CAT), Pfizer (NYSE:PF) and Aloca (NYSE:AA) have risky exposures and dependencies. And these are just a few listed in the article.

Forbes published today earnings revisions to its beltway index, noting that stock analysts have recently bumped up include Dell, Inc. (NASDAQ:DELL) and Hewlett-Packard Co. (NYSE:HPQ).