Around the Web 3.04.09: More Sony layoffs, Activision looks to acquire, Mexico’s communication chief misspeaks

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Is Blockbuster heading toward bankruptcy? Credit: travdir via Flickr

-- Activision will consider acquisitions as targets get less expensive in this economy. Bloomberg

-- Mexico’s communication chief proves terrible with communication devices, leaving an incriminating message on a woman’s cellphone after he thought he hung up. LAT

-- Sony reportedly is to cut 300 more jobs because of slumping DVD sales. LAT

-- Blockbuster hires a restructuring lawyer but says it isn’t considering filing for bankruptcy. PaidContent

-- A Twitter contest leads to a Baltimore man getting a tattoo. Of a whale. Baltimore Sun

-- Now you can read e-books from Amazon’s Kindle store on the iPhone. ReadWriteWeb

-- Disney might build a Netflix and iTunes rival to digitally sell its vast library of materials. Silicon Alley Insider

-- Three top MySpace executives leave to start their own venture. Is it the beginning of the end for the once-dominant social networking site? TechCrunch

-- Palm’s Q3 revenue is down 70% from last year, but the company is counting on the Palm Pre to be the silver bullet. AllThingsD

-- McCain stumper and former Hewlett-Packard head Carly Fiorina undergoes treatment for cancer. Silicon Alley Insider

-- Mullah Abdul Salaam Zaeef is a former Taliban ambassador to Pakistan who spent years in Guantanamo. Now, he just can’t get enough of his iPhone. AP via Washington Post

-- Alana Semuels