Cupertino, Calif. – Apple (NASD: AAPL) has filed a trademark infringement
claim against online retail giant Amazon.com (NASD: AMZN), claiming its use of the term
"app store" infringes on Apple’s App Store for its iOS devices,
Bloomberg reported.

Filed in federal court in California last week, the lawsuit
says Amazon is creating confusion among consumers and engaging in unfair
competition with its "Amazon Appstore Developer Portal" and related
uses of the phrase.

Amazon on Tuesday introduced its Android Appstore, which offers nearly 3,800 apps for mobile devices running Google’s Android operating system.

Apple has filed to register "app store" as a
trademark with the U.S. Patent and Trademark Office, but is facing opposition
from Microsoft (NASD: MSFT), which has opposed the registration.

Related Links:
http://tinyurl.com/4t92vbm
(Bloomberg)

http://tinyurl.com/4w8e3kr (DMW previous coverage) 

New York – Private equity firm Tamares has submitted a bid
for the whole of major record label Warner Music Group (NYSE: WMG), the Financial Times
reported, citing three sources. Other suitors for the label, which is entering
the second round of an auction for either the whole company or certain assets,
are reported to include Platinum Equity, Ron Burkle’s Yucaipa, Sony (NYSE: SNE) Music and
Access Industries.

FT also reports that BMG Music Publishing Group may have
submitted a bid of around $2.8 billion for Warner Music.

Related Links:
http://tinyurl.com/6fwvwuq
(Financial Times)

Reston, Va. – The head of Verizon Wireless (NYSE: VZ) said he has no
plans to pursue Sprint Nextel (NYSE: S), despite the fact that AT&T’s (NYSE: T) planned $39
billion acquisition of T-Mobile USA would knock his company from the top of the
U.S. wireless market, Reuters reported. "We’re not interested in Sprint.
We don’t need them," CEO Daniel Mead told the wire service.

Some analysts
had expected AT&T’s announcement of the deal on Sunday to prompt a similar
move by Verizon Wireless, with Sprint Nextel being the most likely target.

Prior to the news, Sprint had been rumored to be in talks about a possible
combination with T-Mobile.

Shares of Sprint sank 14% on Monday, amid concerns
the company won’t be able to compete with its two larger competitors.

Related Links:
http://tinyurl.com/47jbjfy
(Reuters)

http://www.sprint.com

London – Citigroup, which took over control of major record
label EMI after its private equity firm owner Terra Firma fell behind on loan
repayments, is quietly soliciting bidders for the label group, according to the
New York Post. Prospective suitors are said to include Universal Music; Sony (NYSE: SNE);
Ron Burkle’s Yucaipa; private equity firm Apollo; and Access Industries.

Fellow
major label Warner Music (NYSE: WMG) has also long expressed interest in acquiring EMI.

Sources told the Post that EMI is valued at around $3 billion, with its music
publishing business valued at $1.8 billion.

Related Links:
http://tinyurl.com/46gxz3t
(N.Y. Post)

San Francisco – The Meltwater Group, a provider of social
media and news monitoring services, announced on Tuesday that it has acquired
JitterJam, a developer of social customer relationship management (CRM)
software, for $6 million.

Meltwater said it will integrate Bedford, N.H.-based
JitterJam’s platform into its Meltwater Buzz product.

Founded ten years ago, San
Francisco-based Meltwater says it now serves more than 18,000 customers and
generates $100 million in annual revenues.

Related Links:
http://tinyurl.com/4hl26ag

http://www.meltwater.com

http://www.jitterjam.com

New York – Magazine publisher Conde Nast is considering a
spin-off of Reddit, the social news aggregation service it acquired five years
ago, All Things D reported.

Sources told All Things D the company is floating a
$200 million valuation for Reddit, and a spin-off transaction that would see a
stake sold to investors while Conde Nast would continue to own and operate the
company.

Founded in 2005, Reddit counts more than 1 billion monthly page views
for its site, which aggregates news stories from various sources.

Related Links:
http://tinyurl.com/4poqnas
(All Things)

http://www.reddit.com

Berkeley, Calif. – MOG, the operator of a digital music
subscription service and network of user-penned music blogs, is looking to
raise a new funding round of $25 million to $30 million, All Things D reported,
citing sources.

The pitch for funding reportedly projects the company will
generate $14 million in revenue in 2012.

MOG operates a digital music service
that gives users on-demand streaming access to its entire catalog for a monthly
subscription fee.

The company also operates a network of 1,500 music blogs that
attract some 39 million unique monthly visitors.

Founded in 2005, Berkeley,
Calif.-based MOG previously raised $10 million in February 2010.

Related Links:
http://tinyurl.com/4ansg2p
(All Things D)

http://www.mog.com

Redwood City, Calif. – Shutterfly, the operator of a digital photobook publishing
service, announced on Tuesday that it has acquired Tiny Prints, which offers
on-demand printing of cards, invitations, stationery and photobooks.

Under the
terms, Shutterfly will pay $141 million in cash and 3.9 million shares for
Sunnyvale, Calif.-based Tiny Prints.

Tiny Prints stockholders will own
approximately 12% of the pro forma combined company.

Founded in 1999,
Shutterfly said it expects to generated $53-$55 million in revenues for its
quarter ending March 31, and a loss of $1-$2 million, up from previous guidance
of $52-$53 million.

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

http://www.shutterfly.com/tinyprints

Seattle – Z2Live, a developer of mobile games, announced on
Tuesday that it has raised an undisclosed amount of second round funding, led
by Draper Fisher Jurvetson.

Previous backer Madrona Venture Group also
participated in the round, funds from which will be used for additional hires
and to accelerate growth.

Seattle-based Z2Live launches its first title,
"Trade Nations," in late 2010 for Apple iOS devices.

The company also
said that Ed Fries, a co-founder of the Xbox Project and builder of Microsoft’s
Game Studios, has joined the Z2Live board.

Related Links:
http://www.z2live.com/press/news-z2live-secures-venture-funding-to-expand

Hollywood, Calif. – MasterImage 3D, a developer of 3D
digital cinema technology for theaters, mobile devices and gaming, announced on
Tuesday that it has received a $15 million investment from Samsung Ventures.

Founded in 2004, Hollywood, Calif.-based MasterImage says its digital 3D cinema
systems are installed in 57 countries.

The company developed one of the first
glasses-free 3D mobile phones, and is in development on additional smartphones
and tablets with 3D displays due for release later this year.

"Our
investment in MasterImage 3D is consistent with our strategy to work closely
with established market leaders," said Ilseok Yoon, managing director of
Samsung Ventures America.

"The company was early to market with
auto-stereoscopic 3D mobile displays and has built a significant business in 3D
cinema."

Related Links:
http://www.businesswire.com/news/home/20110322005593/en

http://www.masterimage3D.com