Time Warner Cable Acquires NaviSite for $230 Million

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New York – Time Warner Cable (NYSE: TWC) announced on Wednesday that it
will acquire NaviSite, a provider of Web hosting, application, messaging and
cloud services for businesses, in a deal valued at $230 million.

The purchase
price of $5.50 per share represents a 33% premium over NaviSite’s closing share
price on Tuesday.

Founded in 1998, Andover, Mass.-based NaviSite operates 10
data centers in the U.S. and U.K., employing 570 people worldwide.

Time Warner
Cable said NaviSite’s 1,200 customers will give it a presence in the managed
services market.

 

Related Links:
http://tinyurl.com/4lf9k9q

http://www.timewarnercable.com

http://www.navisite.com

Swedish Video Streaming Site Voddler Raises $8 Million

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Stockholm, Sweden – Voddler, a Sweden-based streaming video
site that utilizes peer-to-peer delivery technology, has raised $8 million in a
new investment round led by Nokia Growth Partners.

Voddler says it served 5
million movies to over 850,000 Scandinavian customers in 2010.

The company
notes that 80% of its catalog of 3,500 titles is free to view, supported by
advertising.

Voddler has now raised a total of about $19 million in financing.

 

Related Links:
http://tinyurl.com/4gdso9a

Mobile Photo-Sharing Service Instagram Lands $7 Million

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San Francisco – Instagram, the provider of a mobile photo
effects and sharing service, announced on Wednesday that it has raised $7
million in first round funding, led by Benchmark Capital’s Matt Cohler.

Other
investors included Quora founder Adam D’Angelo, Square founder Jack Dorsey, and
angel investors Chris Sacca and Steve Anderson.

Launched in October 2010, San
Francisco-based Instagram’s iPhone application now counts 1.75 million users,
who are sharing 290,000 photos daily.

The company will use the funds to help
scale its service for mobile and the Web.

 

Related Links:
http://instagr.am/blog/39/instagram-funding-benchmark

Verve Wireless Acquires Deconstruct Media

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Bethesda, Md. – Verve Wireless, the developer of a mobile ad
platform for local media, said on Wednesday it has acquired Deconstruct Media,
a mobile ad technology firm founded by several former product and engineering
executives of Advertising.com.

Financial terms of the deal were not disclosed.

Deconstruct’s product is an automated mobile display advertising system that
allows mobile publishers to manage their ad sales and offer their ad inventory
through a self-service interface.

Advertisers can then review available options
and buy campaigns using a credit card.

Verve said it will integrate the
Deconstruct system into its Ad Manager platform.

 

Related Links:
http://www.vervewireless.com/news-2011-Deconstruct.html

https://www.deconstructmedia.com

Comcast, Time Warner Sign "TV Everywhere" Deal

1

New York – Comcast (NASD: CMCSA) and Time Warner (NYSE: TWX) on Tuesday announced a
deal whereby Time Warner will provide TV episodes and movies from its TBS
properties "shortly after initially airing" to Comcast’s Xfinity
"TV Everywhere" service. Xfinity will now offer Comcast cable
subscribers access to programs from TNT, TBS, CNN, HLN, truTV, Turner Classic
Movies, Cartoon Network and Adult Swim at no additional charge online, and via
Xfinity-branded iPad, iPhone and Android applications. Live TV streaming via
Xfinity is expected to be added later this year.

 

Related Links:
http://tinyurl.com/4vfswh9

http://www.xfinitytv.com

Google Adds Check-Ins to Latitude Location Service

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Mountain View, Calif. – Google (NASD: GOOG) has added
"check-ins" to its Google Latitude location-based service, which will
allow its 10 million users to either manually or automatically check-in at
various local businesses or other destinations. Previously, Latitude only
allowed users to see friends’ locations as a point on a map.

 

Related Links:
http://tinyurl.com/4jb645n

(Google blog)

iTunes Gets Exclusive on Beatles-Cirque du Soleil Album, Doc

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Hollywood – In another Beatles exclusive, Apple’s (NASD: AAPL) iTunes Store
has added the Beatles "LOVE" album and a feature-length documentary
about the making of "The Beatles LOVE by Cirque du Soleil." Both the
album and the doc ("All Together Now") are now available for
pre-order, and will be released on iTunes worldwide on Feb. 8. The announcement
also states that the Beatles have now sold more than 5 million songs and 1
million albums on iTunes worldwide.

 

Related Links:
http://tinyurl.com/4hqafgg

Google 'Art Project' Offers Hi-Res Artwork Images, Museum Tours

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Mountain View, Calif. – Google (NASD: GOOG) on Tuesday announced the
launch of Art Project, a new tool that provides "super
high-resolution" images with "brushstroke-level detail" of more
than 1,000 of the world’s greatest works of art. The tool also lets users take
virtual tours of acclaimed museums such as MoMA, The National Gallery, Uffizi
Gallery and Van Gogh Museum, via an "inside" Street View feature.

 

Related Links:
http://tinyurl.com/4ezsmqo

(Google blog)

http://www.googleartproject.com

http://maps.google.com/museums

Sellaband Brings Fan-Financed Recordings Service to Japan

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Munich – Sellaband, the operator of a fan-financed
recordings service, has announced the launch of its crowdfunding platform in
Japan. As most digital music in Japan is consumed via mobile, Sellaband will
allow fans to "invest" in artists there via mobile payments in the
local Yen currency.

 

Related Links:
http://www.sellaband.jp

U.S. Seizes Domain of Spain-based Sports Linking Site Rojadirecta

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Washington – U.S. authorities have seized another Web domain
accused of piracy, this time taking Spain-based Rojadirecta.org, a site that
offers links to unauthorized online broadcasts of sporting events, TorrentFreak
reported.

Similar to the dozens of sites seized by the U.S. Dept. of Homeland
Security’s Immigration and Customs Enforcement (ICE) unit last November,
Rojadirecta.org now features a notice from ICE that the site was seized for
copyright-related violations.

That operation targeted sites including
Torrent-Finder.com and DVDProStore.com.

For its part, Rojadirecta — which does
not host copyrighted material, instead providing links to where it is hosted
elsewhere — has been declared legal twice by Spanish courts.

"In our
opinion the US authorities are completely despising the Spanish justice system
and sovereignty," Rojadirecta’s Igor Seoane told TorrentFreak.

Despite the
.org domain seizure, Rojadirecta.com, Rojadirecta.es and a number of other
addresses for the service remain available.

 

Related Links:
http://tinyurl.com/48sxktf

(TorrentFreak)

http://tinyurl.com/4exeav7
(DMW previous coverage)

http://tinyurl.com/359dbv8
(DMW previous coverage)

http://www.rojadirecta.org

http://www.rojadirecta.com