April 7, 2010

New York
– User-generated gadget reviews site gdgt has raised $3.165 in a round of new
funding led by Spark Capital and True Ventures, The Wall Street Journal
reported.

Previous backers Betaworks, AOL Ventures, Lerer Media Ventures, and a
number of individual investors also participated in the round.

New York-based
gdgt was founded by the co-creators of respected gadget blogs Gizmodo and
Engadget, Pete Rojas and Ryan Block.

Block told The Journal that gdgt counts
"hundreds of thousands" of registered users, and catalogs nearly
17,000 gadgets.

The Journal also notes that Rojas has left the digital music
site he created, RCRD LBL, but remains on the board.

Related Links:
http://snipurl.com/vb35a
(WSJ)

http://gdgt.com

Foursquare

Mark Hefflinger

April 6, 2010

Report: Yahoo in Talks to Acquire Location Service Foursquare

Mark Hefflinger

April 6, 2010

Sunnyvale,
Calif. – Yahoo (NASD: YHOO) is in talks to
acquired location-sharing startup Foursquare for as much as $100 million,
Business Insider reported, citing "sources close to bankers involved in
Foursquare’s current fundraising efforts." A "source close to
Yahoo" confirmed that the company has held discussions with New York-based
Foursquare, whose location-based mobile network was launched last year.

The
company has to date raised at least $1.35 million in angel funding, and reports
have indicated the company has been talking to venture capitalists such as
Khosla Ventures, Accel Partners and Andreessen Horowitz on additional financing
at a valuation of $80 million.

Yahoo declined to comment on the story for
Business Insider.

Related Links:
http://snipurl.com/van0r
(Business Insider)

http://www.foursquare.com

Report: Nokia to Release Tablet PC This Year

Mark Hefflinger

April 6, 2010

Espoo, Finland – Nokia (NYSE: NOK) is developing a
tablet computer that is expected to begin selling later this year, Reuters
reported, citing Rodmand and Renshaw analyst Ashok Kumar. "You don’t want
to give that much of a lead to Apple because it otherwise becomes
insurmountable. Right now the supply chain is being primed up for a fall
release. It has to be on the shelf by September-October to meet demand for the
holiday window," Kumar wrote. Analysts speculate that the Nokia tablet
would run either Microsoft’s Windows, or the MeeGo operating system.

Related Links:
http://snipurl.com/vamkw
(Reuters)

Lionsgate, Saban Capital Form Tiger Gate Joint Venture

Mark Hefflinger

April 6, 2010

Los Angeles – Canadian film
studio Lionsgate (NYSE: LGF) announced on Tuesday that it has partnered with private
investment firm Saban Capital Group to form Tiger Gate, a joint venture pay-TV
channel and distributor of TV shows and action and horror films across Asia. Established in 2008, Tiger Gate currently operates
the Thrill and Kix channels in Indonesia,
and plans to expand to Hong Kong and Singapore
later this month, and elsewhere in Asia this
year.

Related Links:
http://snipurl.com/vaitp

http://www.saban.com

http://www.lionsgate.com

Netflix to Offer iPhone Instant Streaming Application

Mark Hefflinger

April 6, 2010

Los Gatos,
Calif. – Netflix (NASD: NFLX) has announced in
a blog post that, following the release of an application for Apple’s iPad that
allows instant streaming of movies and TV shows, the company will offer a
similar application for the iPhone. "For those of you asking whether
Netflix will be on the iPhone and iPod Touch: We wouldn’t invite you to dinner
without planning to serve dessert. In other words, we’re working on it so stay
tuned," wrote Netflix vice president of corporate communications Steve
Swasey.

March Madness on Demand Player Streams 11.7 Million Hours

Mark Hefflinger

April 6, 2010

New York – CBSsports.com announced that its March Madness on
Demand player streamed more than 11.7 million hours of live audio and video
during the NCAA men’s basketball tournament, up from 8.6 million last year and
4.92 million in 2008. The player also attracted 8.3 million unique visitors,
compared with 7.52 million in 2009.

Related Links:
http://snipurl.com/vame6
(PaidContent)

Electronic Arts Releases "Tiger Woods PGA Tour Online"

Mark Hefflinger

April 6, 2010

Redwood City,
Calif. – Electronic Arts on
Tuesday announced the launch of Tiger "Woods PGA Tour Online," a
browser-based golf game that requires no game installation, no disc and no
additional peripherals. The basic game is free to play, with users also able to
pay monthly or yearly memberships, at $9.99 and $59.99 respectively, for
premium features.

Related Links:
http://tigerwoodsonline.ea.com

WaTunes Releases Music Store Facebook Application

Mark Hefflinger

April 6, 2010

Detroit
– WaTunes, a social music discovery service and digital music store, announced
on Tuesday announced that it has released a Music Store application for
Facebook. The application lets users browse a catalog of millions of songs,
share them with friends, rate and review music, and suggest albums on friends’
Walls. Facebook users buying song downloads will be able to so via Music Store
without having to sign up for WaTunes.

Related Links:
http://www.watunes.com

http://www.facebook.com/apps/application.php?id=107940119224416

Philly.com Taps FanDuel to Power Fantasy Sports

Mark Hefflinger

April 6, 2010

Philadelphia – The
Philadelphia Inquirer’s Philly.com has partnered with U.K. social
games developer HubHub, which will provide its FanDuel fantasy sports offering
on the site, TechCrunch reported. FanDuel users play for real money, and can
challenge each other to daily or weekly fantasy games, with Philly.com
receiving a commission on revenues generated.

Related Links:
http://snipurl.com/vamuk
(TechCrunch)

http://hubdub.com

http://www.fanduel.com

http://www.philly.com