Los Angeles – Analysts are estimating that Apple (NASD: AAPL) sold
anywhere between 400,000 and 1 million units of the iPad 2 during the device’s
launch weekend, according to published reports. Reuters noted that Wedbush
Securities analyst Scott Sutherland said his firm "would not be surprised
to see Apple sell closer to 1 million iPad2s in the opening weekend."

CNET
cited Piper Jaffray analyst Gene Munster as estimating iPad 2 sales of 400,000
to 500,000 over the weekend.

Reuters also noted that analysts had predicted
first weekend iPad 2 sales of 350,000 to 400,000.

The original iPad sold
300,000 during its first weekend on sale in April 2010.

Related Links:
http://tinyurl.com/4rg7uj5
(Reuters)

http://news.cnet.com/8301-13579_3-20042806-37.html

New York – Biz Stone, the co-founder of Twitter, will join
AOL’s (NYSE: AOL) new Huffington Post Media Group as a "strategic adviser for social
impact," the company announced on Monday.

Stone’s role will be to
"enhance innovation around social impact and cause-based
initiatives," the company said.

Stone’s main tasks will be to help bolster
AOL’s charitable efforts, developing a platform to spur people into community
service, rallying other companies to develop similar efforts and creating a
video series spotlighting those at the forefront of philanthropy and corporate
responsibility.

Stone called his new role "ambitious, but vitally
important."

"Together we will rally companies to think about new ways
of doing business, share best practices and strive for positive impact at all
levels," said Stone.

Related Links:
http://tinyurl.com/4au8mt5

New York – Joshua Topolsky, the editor of AOL’s (NYSE: AOL) popular
Engadget technology blog, will depart the company, several weeks after engaging
in a public war of words with Michael Arrington, the editor of AOL’s newly
acquired blog, TechCrunch. Nilay Patel, Engadget’s managing editor, also is
departing, with Josh Fruhlinger, the blog’s editorial director, expected to
take on a larger role during the transition.

"After nearly four years at
Engadget, it’s time to make my exit," wrote Topolsky.

"There are
things I’m after and challenges I want to take on that just don’t fit with my
day-to-day schedule here, so off I go."

All Things D reported that the
departures were unrelated to AOL’s recent $315 million acquisition of The
Huffington Post, and that Arianna Huffington, AOL’s new content head, tried to
persuade Topolsky to stay.

Arrington in February accused Engadget of having a
"major attribution problem," tending to "just steal
stories," and alleged that Topolsky had personally tried to kill AOL’s
acquisition of TechCrunch.

Engadget reportedly draws 14 million monthly unique
visitors.

Related Links:
http://www.engadget.com/2011/03/12/hello-i-must-be-going

http://tinyurl.com/4uaglj8
(All Things D) http://www.joshuatopolsky.com/post/2791763076/dear-michael-arrington

Washington – LivingSocial, the social shopping firm that
operates its Daily Deals service in more than 200 markets, said on Monday it
has acquired technology consulting firm InfoEther.

Financial terms of the deal
were not disclosed.

Reston, Va.-based InfoEther specializes in the Ruby
software development language and its related web development framework, known
as Ruby on Rails.

Many online companies, including LivingSocial, use Ruby on
Rails as the basis of their technology framework.

"Together, we can
out-execute and out-innovate, which we consider to be one of our major
differentiators and the underpinning of our future success," said Aaron
Batalion, LivingSocial’s co-founder and CTO.

Established in 2001, InfoEther
currently boast more than 40 client engagements. Rich Kilmer (president and
CEO), Chad Fowler (CTO) and Glenn Vanderburg (chief scientist) are all expected
to make the move.

Related Links:
http://infoether.com/livingsocial

Silver Spring, Md. – TV One, a cable network primarily
targeting African-American adults, has raised $119 million through a notes
offering, according to a filing with the Securities and Exchange Commission
(SEC).

The company did not disclose the names of participants or its expected
use of the proceeds.

Maryland-based TV One is owned by Radio One, NBC Universal
and DirecTV.

Related Links:
http://tinyurl.com/4m2g8m2

http://www.tvoneonline.com

New York – Sean Parker, an early co-founder of Napster and
investor in Facebook, is part of a group of investors angling to acquire major
record label Warner Music Group (NYSE: WMG), which put itself up for sale in January, All
Things D reported, citing sources.

The investor group to which Parker is a
party reportedly also includes supermarket billionaire Ron Burkle and Doug
Teitelbaum, of hedge fund Bay Harbour Management.

Since investing in Napster,
Parker has worked with Plaxo and Facebook, and most recently has been advising
music streaming service Spotify.

Related Links:
http://tinyurl.com/4g7aohu
(All Things D)

Pittsburgh – ShowClix, an independent online ticketing
service, announced that it has raised $1.65 million in its second round of
funding.

Swallow Point Ventures led the investment round; Pittsburgh Equity
Partners, Woodland Partners, Innovation Works and Smithfield Trust also participated.

Pittsburgh-based ShowClix works with more than 1,800 venues and other clients to
provide online ticket sales and marketing tools.

The company said that ticket
sales on its platform increased 650% in 2010, and recently signed New York’s
Museum of Modern Art as a client.

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

Rome – Neomobile, a distributor of mobile content and
services based in Italy, has acquired Onebip, a provider of mobile payment
services in Europe, TechCrunch reported.

Financial terms of the transaction
were not disclosed.

Founded in 2005, Onebip counts 2 million users of its
mobile payments service, which is utilized in online games, and by social
networks and retail sites.

Neomobile has offices in Rome, as well as elsewhere
in Europe, Latin America and India.

Related Links:
http://tinyurl.com/4mnqzfx
(TechCrunch)

http://www.neomobile.com

http://www.onebip.com

Atlanta, GA – March 11, 2011 – Neurotic Media announced today the integration of social sharing tools into store templates built on the Neurotic Media platform. Marketers will be able to “increase visibility and drive ROI from private-label MP3 download sites” as consumers are now able to spread the word using sharing tags and Facebook “like” buttons.

“The viral power of our integrated social tools, coupled with the consumer data they provide, create major competitive advantages for our clients” says Shachar Oren, Neurotic Media’s CEO. “Like many of our download platform enhancements in the last decade, social sharing ensures that the solutions offered by Neurotic Media continue to lead the private-label music download space.”

Neurotic Media is a leading provider of technology-enabled marketing and distribution services for digital media companies.