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Medialets Raises $6 Million for Mobile Rich Media Ads

New York - Medialets, a provider of mobile rich media advertising services, said on Tuesday that it has closed a $6 million, second round of funding,...

Mentez Lands Funding for Social Games in Latin America

Miami - Mentez, a publisher of social games for the Latin American market, announced on Tuesday that it has raised an undisclosed amount of venture capital...

Report: Google Acquiring Virtual Payments Firm Jambool

San Francisco - Google (NASD: GOOG) is acquiring Jambool, the developer of a virtual monetization platform, TechCrunch reported. The report cites sources who say the purchase price was...

Online Publisher Demand Media Files for $125 Million IPO

Santa Monica, Calif. - Online publisher Demand media has filed with the Securities and Exchange Commission (SEC) for an initial public offering that hopes to raise...

Skype Files to Raise Up to $100 Million in IPO

Luxembourg - Internet telephone service Skype on Monday filed to raise up to $100 million in an initial public offering (IPO) on the Nasdaq. Goldman Sachs,...

China's Sohu Sells Stake in Sogou Search Unit to Alibaba, Investors

Beijing - Chinese Web portal Sohu.com announced on Monday that it will sell a 16% minority stake in its Sogou online search unit to a fund...

My Damn Channel Raises $4.4 Million for Original Web Videos

New York - Digital entertainment studio My Damn Channel announced on Monday that it has closed a $4.4 million second round of funding, led by Intuitive...

News Aggregator, Producer BringMeTheNews Lands $1 Million

Minneapolis, Minn. - BringMeTheNews, a provider of news aggregation and also a producer of radio newscasts, has raised $1 million in funding from The Dolan Company...

Reports: Apple in Talks to Buy Chinese Game Developer

Cupertino, Calif. - Apple (NASD: AAPL) is in talks to acquire Chinese online game developer Handseeing, an executive with the company told Reuters. "We should have a...

Social Games Firm Zynga Acquires Japanese Developer Unoh

San Francisco - Social games publisher Zynga announced on Friday that it has acquired Tokyo-based Unoh, also a developer of social games. Financial terms of the...