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Best Buy Backs Wireless Chipmaker SiBeam

Sunnyvale, Calif. - SiBeam, a maker of high-speed wireless communication platforms, said on Tuesday that it has landed an unspecified equity investment from consumer electronics retailer Best...

News Corp. Sells Off Digital Publishing Group

New York - News Corporation (NYSE: NWS) has sold its Digital Publishing Group (DPG) unit to venture capital firm VantagePoint Venture Partners for an undisclosed amount, PaidContent reported. ...

Annual Wikipedia Fundraiser Nets $8 Million

San Francisco - The Wikimedia Foundation announced on Tuesday that its annual fundraiser this year raised just over $8 million, exceeding its goal of $7.5 million,...

Providence Backs Baidu's Hulu-like Video Portal Venture

Shanghai - Baidu (NASD:  BIDU), the top search engine in China, has partnered with Hulu investor Providence Equity Partners to create a similar video portal...

Market Research Firm Gartner Buys Burton Group for $56 Million

Stamford, Conn. - Gartner (NYSE: IT) announced on Tuesday that it has acquired fellow information technology market research firm Burton Group for $56 million in cash. Utah-based Burton Group...

Apple Acquires Mobile Ad Firm Quattro Wireless

Waltham, Mass. - Quattro Wireless, a provider of mobile advertising services, announced on Monday in a blog post that it has been acquired by Apple (NASD:  AAPL)....

PowerReviews Secures $4.9 Million for User Product Reviews

San Francisco - PowerReviews, a site that aggregates user-generated product reviews and makes them available to online retailers, has raised $4.9 million of an anticipated $9 million...

LivingSocial Lands $5 Million for Social Media Apps

Washington - LivingSocial, a developer of social networking applications, has raised $5 million in new funding, PaidContent reported. Investors included Grotech Ventures, AOL founder Steve Case and...

Scvngr Nabs $4 Million for Location-based Mobile Games

Boston - Scvngr, a Boston-based developer of mobile software technology, has raised $4 million in its second round of venture capital, according to a new filing...

Audio Ad Technology Firm Jingle Networks Raises $6.8 Million

Billerica, Mass. - Jingle Networks, a provider of voice advertisement serving technology for telephone directory assistance providers, has raised about $6.8 million in a round of venture...