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Senator Seeks Comcast Divestment of Hulu Stake in NBCU Deal

Washington - Sen. Herb Kohl (D-Wisc.) has petitioned the Justice Department and Federal Communications Commission (FCC) to place conditions on their prospective approval of Comcast (NASD: CMCSA)...

Discovery to Raise $3 Billion in Notes Offering

Silver Spring, Md. - Discovery Communications (NASD: DISCA), the cable programmer behind networks such as the Discovery Channel, TLC and Animal Planet, said that it plans to raise...

Nexon Acquires Control of Korean Game Publisher GameHi

Seoul, South Korea - Korean online game publisher Nexon has paid $59.8 million for a controlling stake in local developer GameHi from the company's largest shareholder,...

Saplo Lands $500,000 for Semantic Text Analysis

Malmo, Sweden - Saplo, a developer of semantic text analysis technology, has raised $500,000 in seed funding, TechCrunch reports. Investors included Goran Grosskopf, chairman of IKEA Group...

Targeted TV Ad Firm Invidi Gets Investment From Experian

New York - Invidi Technologies, a provider of targeted ad technology for television, announced on Thursday that it has received an investment from Experian, the global services...

Media Measurement, Analytics Firm TRA Raises $10 Million

New York - TRA, a media planning, measurement and analytics software company, said on Wednesday that it has raised $18.2 million in new funding, including $10...

RealNetworks Founder Glaser Joins VC Firm Accel Partners

Seattle - Rob Glaser, the founder and former CEO of RealNetworks (NASD: RNWK) who stepped down in January, announced on Wednesday that he has become a venture...

Facebook Acquires Social Sharing Service ShareGrove

San Mateo, Calif. - ShareGrove, an online service that lets small groups of friends share content, announced on Wednesday that it has been acquired by Facebook. Financial terms...

Ogmento Lands $3.5 Million for Augmented Reality Games

New York - Ogmento, a developer of augmented reality games that combine online games with real-world elements, announced on Wednesday that it has raised $3.5 million in...

OhMyGov Gets Funding for Social Media in Govt. Blog

Alexandria, Va. - OhMyGov, the publisher of a political blog that monitors the increasing use of social media in government, has raised an undisclosed amount of seed...