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Arise, Sir Knight – Rumble's 'KingsRoad' opens in beta [with trailer]

Game developer and publisher Rumble today began accepting closed beta registrations for "KingsRoad," the showcase browser-based game from the young company, and partners for its publishing platform.

Bitly raises $15m toward its growth as a social service

Bitly, the social bookmarking and discovery service, has raised $15 million in what it characterized as a strategic round of funding led by Vinod Khosla at Khosla Ventures.

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...

Nimble Secures $1 Million for Business-Savvy Social

Social business platform Nimble secured $1 million in funding from Google Ventures and a list of angel investors that includes Dallas Mavericks owner Mark Cuban, Jason Calacanis, Don Dodge and Dharmesh Shah.

Social media linked to higher TV ratings [with charts]

Social media is prompting people to watch more live TV, but not just because of the camaraderie, according to a new study from TVGuide.com

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.

Talking dog Clark G loves heroic canines and bacon [with video]

Clark G, the talking dog known to everyone who’s ever used YouTube, stepped in front of the camera again with a reminder that nominations for the American Humane Association Hero Dog Awards close in less than a week.

Facebook Creates PAC, Hosts Republicans at HQ [with video]

On a day when President Obama’s visit paralyzed much of Hollywood’s traffic, Facebook has filed the paperwork to form its own political action committee. Reports also surfaced Monday that Facebook had registered the domain names FBPAC.org and FBPAC.us. The social media giant has had a voice in Washington D.C. for the past few years, but this is the first time it will be able to support specific candidates through direct financial donations. Facebook spent $207,878 on lobbying activities in 2009, $351,390 in 2010, and $550,000 in the first half of 2011, records show.

Markerly goes live with 'Pinterest for text'

Markerly, a newly launched DC-based startup founded by LivingSocial veteran Sarah Ware, is aiming to simplify the process of sharing articles online.

Five questions with Kevin Conroy, president of Univision Interactive Media

Kevin Conroy, president of Univision Interactive Media and Enterprise Development, took five with Digital Media Wire to discuss how Hispanic audiences consume and interact with digital media, and what his strategy is for maximizing the opportunities.