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Official.fm Lands $8 Million for Music Hosting, Promotion

Geneva - Official.fm, a service that lets artists and labels upload and market their music online, has raised $8 million in new funding to develop its...

Microsoft to Acquire Skype for $8.5 Billion

Redmond, Wash. - Microsoft (NASD: MSFT) announced on Tuesday that it has acquired Internet telephone service Skype for $8.5 billion, from the investor group led by Silver...

Amazon Cloud Drive Adds iPhone Support via Safari

Seattle - Amazon.com has updated its new Cloud Player digital music locker service so that songs may be played back on Apple's iPhone and iPad via...

Conde Nast Debuts iPad Edition of The New Yorker

New York - Magazine publisher Conde Nast on Monday introduced its first iPad subscription plan, for its New Yorker magazine, which will be available on the...

Streaming Music Service Rdio Releases Mobile API

San Francisco - Streaming music service Rdio on Monday announced the public availability of a new Mobile Playback API for Android and Apple's iOS platform. The...

YouTube Adds 3,000 Hollywood Studio Films for Rental

San Bruno, Calif. - Google's (NASD: GOOG) YouTube on Monday announced plans to add some 3,000 new movie titles from Hollywood studios for rental from its website...

Online Ad Network Adconion Nabs $34 Million

Santa Clara, Calif. - Online ad network Adconion Media Group has raised $34 million in new financing from Silicon Valley Bank, PaidContent reports. Based in London and...

Groupon, Live Nation Team to Develop Ticketing Deals

Chicago - Daily deals service Groupon on Monday announced the formation of a joint venture with venue owner and music promoter Live Nation Entertainment (NYSE: LYV), which...

MusiXmatch Secures $3.7 Million for Digital Song Lyrics API

San Francisco - MusiXmatch, the provider of a digital song lyrics API, announced on Monday that it has secured $3.7 million in its first round of...