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Amazon Acquires Daily Deals Retail Site Woot

Seattle - Amazon.com will acquire Woot, the operator of an online discount retail site, Woot said in a blog post. Financial terms of the deal were not...

Chango Raises $1.4 Million for Search History-based Ads

Toronto - Chango, a developer of online ad technology, announced on Wednesday that it has raised $1.4 million in its first round of funding, from Metamorphic...

Image Metrics Acquires Avatar Animation Firm Character-FX

Santa Monica, Calif. - Image Metrics, a provider of facial animation technology for the entertainment industry, announced on Wednesday that it has acquired Character-FX, an avatar...

Foursquare Gets $20 Million for Location-based Social Network

New York - Location-based social network Foursquare has raised $20 million in second round funding, from new investor Andreessen Horowitz, and previous backers Union Square Ventures...

LibreDigital Buys HarperCollins' Symtio E-commerce Unit

Austin, Texas - LibreDigital, a provider of digital marketing and distribution technology for publishers, announced on Tuesday that it has acquired the Symtio eCommerce platform from...

Ex-Forbes.com Publisher Spanfeller Raises Funds for Media Sites

Los Angeles - Jim Spanfeller, the former publisher of Forbes.com, is near finalizing a $2 million round of funding for his Spanfeller Media Group, which intends...

Aspiro Sells Mobile Entertainment Unit to Lobus Mobil

Stockholm, Sweden - Aspiro, a European provider of video and music streaming services, announced on Tuesday that it has sold its mobile entertainment business in Norway,...

Reevoo Gets Additional Funding for User Product Reviews

London - Reevoo, a publisher of user-generated product reviews, has closed a second round of funding from existing investors Eden Ventures, Banexi Ventures and Andrew Phillipps,...

Report: Elevation Invests Another $120 Million in Facebook

Palo Alto, Calif. - Elevation Partners, the investment firm co-founded by U2 lead singer Bono, has significantly increased its stake in social networking giant Facebook, TechCrunch...

Geodelic Lands $7 Million for Location-based Mobile Apps

Santa Monica, Calif. - Geodelic, a developer of location-based mobile applications, has raised $7 million in its second round of financing, led by MK Capital, TechCrunch...