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Online Gambling Giants PartyGaming, Bwin to Merge
London - European online gambling firms PartyGaming and Bwin
Interactive Entertainment have agreed to a merger that will create the world's
largest publicly-traded Internet gambling operation,...
Disney Sells Miramax to Filmyard Holdings for $660 Million
Burbank, Calif. - Disney (NYSE: DIS) announced on Friday that it has
sold its Miramax Films unit to Filmyard Holdings, whose principals include Los
Angeles businessmen...
Digital Entertainment Distributor The Orchard Goes Private
New York - The Orchard (NASD: ORCD), a provider of digital entertainment distribution
and marketing services, announced on Thursday that private equity firm
Dimensional Associates has completed...
Survey: Confidence Wanes Among Silicon Valley VCs
San Francisco - Confidence among venture capitalists in
Silicon Valley fell markedly in the second quarter, according to the latest
Silicon Valley Venture Capitalist Confidence Index.
The...
Social Games Firm Zynga, Softbank Form Joint Venture in Japan
San Francisco - Social games publisher Zynga announced on
Thursday that it has formed a joint venture with Japan's Softbank to accelerate
development of the social...
Google Ventures, CIA's In-Q-Tel Back Recorded Future
San Francisco - The CIA's In-Q-Tel investment arm and Google (NASD: GOOG)
Ventures invested in a real-time Web monitoring firm called Recorded Future,
Wired.com reports.
The investments were...
Reports: Facebook to Acquire Hot Potato
Palo Alto, Calif. - Facebook will acquire Hot Potato, a
start-up focused on chat applications for live events, for between $10 million
and $15 million, people...
Business Insider Gets $3 Million for Online Publishing
New York - Business Insider, a publisher of online business
news and commentary, announced on Wednesday that it has raised about $3 million
in new financing.
Investors...
Envivio Gets $15 Million for Internet Video Delivery
South San Francisco - Envivio, a provider of Internet video
delivery services, announced on Wednesday that it has secured $15 million in
new financing, and named...
Philo Receives Funding for Social TV Application
New York - Philo, the developer of a social television
platform, announced on Wednesday that it has raised an undisclosed sum of
financing, from investors including...
