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AT&T to Defend T-Mobile Acquisition Before Congress

Washington - Officials from wireless giant AT&T (NYSE: T) will make their way to Capitol Hill on Wednesday to defend their proposed $39 billion acquisition of rival...

Apple Overtakes Google as World's Most Valuable Brand

Cupertino, Calif. - Riding on the phenomenal success of products such as the iPhone and iPad, Apple (NASD: AAPL) has surpassed Google (NASD: GOOG) as the world's most...

Report: Gores Bros. Mulling Higher Bid for Warner Music

New York - Private equity billionaire brothers Tom and Alec Gores are considering placing a higher bid for major record label Warner Music Group (NYSE: WMG), which...

Russian Search Engine Yandex Plots $1.2 Billion IPO

Moscow - Top Russian search engine Yandex has filed for an initial public offering of shares on the Nasdaq that aims to raise as much...

Zynga Acquisition Adds Cocos2d for iPhone Contributors

San Francisco - Social games publisher Zynga announced on Monday that it has hired two key contributors to the cocos2d for iPhone open-source project, via the...

LinkedIn Expands IPO Plans; Valuation to Eclipse $3 Billion

Mountain View, Calif. - Looking to take full advantage of the booming social networking space, LinkedIn, the operator of the popular online professional network, on Monday...

YouTube Founders Acquire Tap11

San Francisco - YouTube co-founders Chad Hurley and Steve Chen on Monday announced that they have acquired Tap11, the provider of a real-time business intelligence platform. ...

Flash Sales Service Gilt Groupe Raises $138 Million

New York - Membership-based flash sales service Gilt Groupe announced on Monday that it has raised $138 million in new financing, and established a joint venture...

Social Games Start-Up Row Sham Bow Lands $3 Million

Orlando, Fla. - Row Sham Bow, a new social game development studio founded by former Electronic Arts and Massive Inc. executives, announced on Monday that it...

Helium.com Raises $10 Million in Venture Debt

Andover, Mass. - Helium, a publisher of user-generated content, has raised $10 million in venture debt, according to a new filing by the company with the...