Dubai World is a real estate development company that is working with MGM in building an $8.6 billion CityCenter complex on the strip in Las Vegas.  Earlier this week it was announced that Dubai World is suing its partner MGM Mirage about concerns that teh company will not be able to afford it.  This affects the viability of the project.

Infinity World, a subsidiary of Dubai World filed the lawsuit in the Delaware Chancery Court.  Currently MGM Mirage has over $13 billion in debt and there is a rumor that the MGM Grand in Detroit, Michigan is up for sale.

”What we are attempting to do is complete this project,” stated Dubai World group general counsel George Dalton. He added that the lawsuit is ”a very regrettable step,” but the company had no choice.

The CityCenter was reported to be a 67 acre development project.  The CityCenter would include six towers, a casino, several boutique hotels, condos, entertainment, and a retail mall.

The MGM Mirage lost about $1.15 billion in 4Q 2008, but that was the first that the MGM Mirage had in 2008.

[via NYT DealBook]

Hulu is proving more and more everyday that they are not Clown Co. Hulu has just made a solid move for catering to those that prefer having RSS aggregation websites as their browser homepage.

Now Hulu has a way to add RSS feeds for several categories of videos on their site including: Recently Added Videos, Recently Added Shows, Highest Rated Videos, Most Popular Videos, Most Popular Videos This Week, Most Popular Videos This Month, Most Popular Videos All Time, Soon-To-Expire Videos.  Personally I’m going to take every one of these RSS feeds and add them to a separate tab on my current homepage, Netvibes.

There is also an Add Video check box that allows Hulu to embed the video within the RSS feed aggregation box.  This feature is not quite supported yet, but I’m sure it’s a work-in-progress.

What makes these RSS feeds interesting is that Feedburner powers them.  Feedburner is owned by Google and Google owns YouTube, a Hulu competitor. Oh, the irony.  No matter what you do on the web, it somehow connects to Google in some sort of degree.  Just like all of us are six degrees from Kevin Bacon, every Google competitor is 2 degrees away from Google.

Another interesting feature of Hulu is the ability to embed videos into social networks.  This will surely drive additional hits to Hulu.  Hulu is currently ranked 3,000 or so on Alexa and growing.  Below is a screen shot of Hulu in my Netvibes.

Great feature, keep it up Hulu team.

Hulu’s content is provided by Time Warner Inc. (NYSE:TWX) through NBC and warner Bros., General Electric Company (NYSE:GE) through NBC, MGM Mirage (NYSE:MGM), Sony Corporation (NYSE:SNE), and Lions Gate Entertainment Corp. (NYSE:LGF),