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Scala Invests $2 Million in Thinking Screen Media, Acquires Unit

Wellesley, Mass. - Thinking Screen Media, a firm that delivers content to Internet-connected screens like digital picture frames, announced on Thursday that it has raised $2 million...

Mobile Ad Network Mojiva Raises $7 Million

New York - Mojiva, a mobile ad network and analytics platform, has raised $7 million in its second round of funding, led by UV Partners. Previous...

HP to Acquire Smartphone Maker Palm for $1.2 Billion

Palo Alto, Calif. - HP (NYSE:  HPQ) announced on Wednesday that it will acquire smartphone maker Palm (NASD:  PALM), in a deal valued at $1.2 billion....

Apple Acquires Chipmaker Intrinsity, iPhone App Maker Siri

Cupertino, Calif. - Apple has acquired chipmaker Intrinsity and iPhone application developer Siri, according to reports in The New York Times and Scobleizer. An analyst pegged the purchase...

Pirate Bay Operators Deny Acquisition by Pandeya-backed Firm

Los Angeles - Despite a press release purportedly announcing that the domain of file-sharing hub The Pirate Bay had been acquired by a Massachusetts-based start-up on...

Russia's Digital Sky Acquires AOL's ICQ for $187.5 Million

New York - Russian Internet firm Digital Sky Technologies (DST) announced on Wednesday that it has agreed to acquire AOL's (NYSE:  AOL) instant messaging service ICQ...

ImageSpan Lands Funding, Names New CEO

Sausalito, Calif. - ImageSpan, the provider of a licensing and royalty payment automation platform for media, announced on Wednesday that it has closed a new round of...

Klout Gets $1.5 Million to Gauge Influence of Twitter Users

San Francisco - Klout, the provider of a service that measure influence on Twitter, announced on Wednesday that it has raised $1.5 million in its first...

Online Video Ad Network Tremor Media Raises $40 Million

New York - Tremor Media, the operator of an online video ad network, announced on Wednesday that it has raised $40 million in a new round...

Mail.com Media Corp. Acquires Boy Genius Report Blog

Los Angeles - Mail.com Media Corp., the Jay Penske-backed firm that publishes Deadline.com, Movieline.com and a number of other sites, announced on Tuesday that it has acquired...