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PlaySpan Raises $18 Million for Virtual Goods Platform

Santa Clara, Calif. - PlaySpan, the operator of a virtual currency platform for online games and social networks, announced on Thursday that it has raised $18...

Report: Yahoo Close to $100 Million Deal for CafeMom

Sunnyvale, Calif. - Yahoo (NASD:  YHOO) is close to a deal to acquire social networking and community site CafeMom for $100 million, All Things D reported,...

Social Games Publisher Zynga Acquires Conduit Labs

San Francisco - Social games publisher Zynga announced on Tuesday that it has acquired game studio Conduit Labs. Financial terms of the transaction were not disclosed. Founded...

Mobile Marketing Firm ArX Acquires Distributive Networks

McLean, Va. - ArX Mobile, a mobile marketing firm, said on Tuesday that it has acquired D.C.-based counterpart Distributive Networks, as well as its Tusk Mobile...

Nielsen Raises IPO Goal to $2.01 Billion

New York - Ratings firm Nielsen has increased the amount it hopes to raise in its initial public offering (IPO) to $2.01 billion, up from the...

Report: Hulu Considering IPO; Valuation Could Top $2 Billion

New York - Hulu, the online video portal joint venture between NBC Universal (NYSE:  GE), News Corp. (NYSE:  NWS) and Disney (NYSE:  DIS), is in...

Facebook Acquires Chai Labs for Reported $10 Million

Palo Alto, Calif. - Facebook has acquired Chai Labs, the provider of a website publishing platform, for around $10 million, All Things D reported. Mountain View,...

Ybrant Digital to Acquire Lycos From Daum for $36 Million

Hyderabad, India - Digital marketing firm Ybrant Digital announced on Monday that it will acquire veteran search portal Lycos from Daum Communications of Korea for $36...

Ayeah Secures Seed Funding for "Social Reality Games"

Boston - Ayeah Games, a developer of what it calls social reality games, announced on Monday that it has raised an undisclosed amount of seed funding,...

Start-up Social Network eegoes Gets $500K in Seed Funding

Boston - Start-up online social network eegoes has raised $500,000 in seed funding, from investors including Fatima Hanich and Coliseum International SA. Boston-based eegoes bills itself...