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Perfect World Puts $100 Million into Investment Fund

Perfect World Co. Ltd., a leading online China-based game company, announced its investment of $100 million in a venture capital fund focused on the technology, media and telecommunications sectors.

Facebook Music Will Be Spotify?

Facebook plans to launch a music platform at its f8 conference on Sept. 22, according to multiple news reports. Rather than create its own, the social network will be integrating multiple existing services such as Pandora, Spotify and Mog.

It Pays to Have Friends on Flickme's Social Movie Service

Sony Pictures and Warner Bros. have licensed films to Sequoia Capital-backed flickme, the latest entry into the growing field of movie viewing services with an integrated social element.

'Contagion' Goes Viral with Pandemics

Taking viral marketing literally, Participant Media today unveiled its social action campaign about pandemics. It's tied to the Sept.9 opening of the Steven Soderbergh thriller “Contagion.”

Fans to Make Next Beach Boys Music Video

Fans are being invited to make the music video for an album that was recorded before many of them were born and that has...

Groupon Expands G-Team Philanthropic Service

Daily deals company Groupon, which has local backing from Chevy Chase-based New Enterprise Associates (NEA) and Ted Leonsis, the owner of the Washington Capitals...

Ustream Hosts the Dancey Dance

Live interactive broadcast platform Ustream has been chosen to host a Yo Gabba Gabba! virtual birthday party on Sept. 9, an event that otherwise...

Home Makeover, PlayStation Edition

An extreme home makeover is underway that has nothing to do with reality television. PlayStation Home is being completely redesigned for a fall 2011...

Google's Schmidt: "No Laws Can Preserve Markets That Have Been Passed...

“History shows that in the face of new technology, those who adapt their business models don’t just survive, they prosper. Technology advances, and no...

Twitter Hinders Hackers

Politicians and others who blame their indiscretions on hackers may not like Twitter’s latest technological development. The microblogging platform is rolling out automatic encryption...