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StatusNet Lands Funding for Open Source Microblogging

Montreal - StatusNet, the developer of an open-source microblogging platform, has raised new funding from FirstMark Capital, BOLDstart Ventures, iNovia Capital and Montreal Start Up, TechCrunch...

Reports: Washington Post to Sell Newsweek to Sidney Harman

Washington - According to multiple reports, the Washington Post Co. will announce on Monday a deal to sell its Newsweek magazine to 91-year-old stereo equipment magnate...

Rapportive Gets $1 Million for Contextual Gmail Plugin

Los Angeles - Rapportive, a start-up developing ways to improve Google's Gmail by adding contextual information about contacts, has raised over $1 million in seed financing,...

Facebook to Discontinue fbFund; Program Seeded Start-ups

Palo Alto, Calif. - Facebook said that it currently has no plans to continue its fbFund, its three-year-old program with Accel Partners and Founders Fund that...

Study: IPO Pipeline Surges to Near Record Levels in Q2

New York - The number of companies registering to go public surged to near record levels during the second quarter, according to new figures from Ernst...

Limelight Networks Acquires Delve Networks

Tempe, Ariz. - Limelight Networks, a provider of content delivery network services, announced on Monday that it has acquired Delve Networks, a provider of cloud-based video...

NTT DoCoMo Buys Remaining Stake in PacketVideo for $111.6M

Tokyo - Japanese mobile network operator NTT DoCoMo announced on Monday that it has acquired the remaining 65% interest in mobile video developer PacketVideo that it...

AdMeld Lands $15 Million for Online Ad Optimization

New York - AdMeld, a provider of online advertising optimization and integration services, has raised $15 million in its third round of financing, led by Norwest...

LivingSocial Raises $10.2 Million for Social Apps, Commerce

Washington - In its third major financing round this year, LivingSocial, the developer of a social commerce service as well as several popular social networking tools,...

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,...