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Google Acquires Near Field Communication Firm Zetawire

Toronto - Google (NASD: GOOG) has acquired Zetawire, a Toronto-based developer of near field communications (NFC) technology, TechCrunch reported, citing analyst firm 451 Group. Financial terms of...

WorthPoint Raises $3.6 Million for Art Valuation Database

Atlanta - WorthPoint, a website that provides valuations and associated services for art, antiques and collectibles, announced on Tuesday that it has raised $3.6 million in...

TekTrak Lands Seed Funding for Mobile Device Tracking

Los Angeles - TekTrak, a developer of mobile tracking applications, said on Tuesday that it has raised an undisclosed amount of seed funding. Investors included Kima...

Gay Social Net Fabulis Raises $1.75 Million, Rebrands as Fab.com

Los Angeles - Fabulis, an online social network targeted at gay men, has raised $1.75 million in a first round of venture capital financing, and changed...

Report: Terra Firma May Lose EMI to Citi by Year's End

London - Private equity firm Terra Firma may have to cede control of struggling major record label EMI to Citigroup -- the bank that loaned...

Discovery to Buy Back $500M in Stock from Advance/Newhouse

Silver Spring, Md. - Discovery Communications (NASD: DISCA), the media firm behind the Discovery Channel, TLC and other pay-TV networks, said on Monday it will spend $500...

Report: AOL Abandons Quest to Merge with Yahoo

New York - Following weeks of posturing, AOL (NYSE:  AOL) appears to have given up on its quest to merge with Yahoo (NASD:  YHOO), Crain's...

Media6Degrees Lands $17 Million for Social Ad Targeting

New York - Media6Degrees, a provider of social media audience data for targeted advertising, announced on Monday that it has raised $17 million in its second...

Mobile Streams Sells Ringtones.com Domain for $750,000

London - U.K. mobile content publisher Mobile Streams announced this week that it has sold its Ringtones.com domain for $750,000. The identity of the buyer was...

Echo360 Raises $1 Million to Record University Lectures

Dulles, Va. - Echo360, a provider of Internet audio and video technology used by universities, has raised the first $1 million in a planned $2 million...