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Avnera Raises $10 Million for Advanced Audio Chips

Beaverton, Ore. - Avnera, a developer of high-fidelity audio chips for consumer electronics, said on Friday that it has closed a new $10 million, fourth round of...

OiNK File-Sharing Network Admin Found Not Guilty

London - A U.K. court jury has voted unanimously to acquit the administrator of music file-sharing network OiNK on charges of "conspiracy to defraud" the recording...

Guvera Gets $20 Million for Ad-Supported Music Downloads

New York - Guvera, an Australia-based, ad-supported music search and download service, has raised $20 million in new funding, CEO Claes Loberg told TechCrunch. Information on participating investors...

Consumer Group: 25K Ask DOJ to Block Ticketmaster-Live Nation

Washington - A consumer advocacy group called TicketDisaster.org announced on Tuesday that nearly 25,000 consumers have directly contacted the U.S. Justice Departent, to urge the antitrust...

Report: Swedish Music Sales Up 10.2%; First Gain Since 2000

Stockholm, Sweden - Music sales were up 10.2% in Sweden in 2009, representing the first revenue increase in the country home to file-sharing hub The Pirate...

Oxford University Bans Streaming Music Service Spotify

London - Britain's Oxford University has banned students from using the streaming music service Spotify, having classified it as a peer-to-peer application and thus prohibited on...

MySpace Music Tool Lets Users Import imeem Playlists

Los Angeles - News Corp.'s (NYSE: NWS) MySpace has made good on its promise to maintain the playlists created by users of its recently-acquired imeem music streaming...

Rock Band Network Store Opens; TuneCore Offers Artist Service

New York - Viacom's (NYSE: VIA) MTV Games on Tuesday launched a public beta test of its new Rock Band Network Store, which will let any band...

Obama DOJ Defends $675,000 File-sharing Damages Award

Washington - The Obama Justice Dept. has submitted a filing defending a $675,000 damages award for copyright infringement on a file-sharing network, the Copyrights and Campaigns blog...

Michael Robertson: Apple Planning Cloud-based Music Service

Palo Alto, Calif. - Despite speculation that Apple (NASD:  AAPL) acquired streaming music service Lala so that it could launch a subscription plan alongside outright sales at...