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Gaikai Secures $5 Million for Cloud-based Gaming Service

Amsterdam - Gaikai, a start-up developing a cloud-based gaming service, has raised $5 million in its first round of funding, PaidContent reported, citing a regulatory filing. Details on...

Conflicting Reports Emerge on Ticketmaster-Live Nation Deal

Washington - Shares of Ticketmaster (NASD:  TKTM) and Live Nation (NYSE:  LYV) rose Wednesday after a report by TheDeal.com cited unnamed sources as saying the Justice...

Report: Mobile Music Firm Melodeo in Acquisition Talks

Seattle - Melodeo, a provider of mobile music delivery technology, , is in acquisition talks with at least two companies "that lost out on the bidding...

Aggregate Knowledge Raises $9 Million for Recommendations

San Mateo, Calif. - Aggregate Knowledge, a provider of content recommendation services, announced on Wednesday that it has raised $9 million in its third round of financing,...

DataSphere Gets $10.8 Million to Build Hyperlocal News Sites

Bellevue, Wash. - DataSphere, a provider of hyperlocal news sites for news companies, has raised $10.8 million in a new round of venture capital financing, led by...

Stealth Social Gaming Start-up DNA Games Nabs $2 Million

San Francisco - DNA Games, a stealth-mode developer of social games, has raised $2 million in new funding, PaidContent reported, citing a regulatory filing. The company was...

The Echo Nest Lands $1.3 Million for Music Recommendations

Somerville, Mass. - The Echo Nest, the provider of a music recommendation and search platform, has raised $1.3 million in new funding from 14 unnamed investors, according...

MSNBC.com Buys BreakingNews.com Domain

New York - MSNBC.com, the network and website joint venture between Microsoft and NBC, has purchased the domain BreakingNews.com, PaidContent reported. Last year, the company took over...

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. ...