New York - Mansueto Digital, the online arm of the company that publishes INC and Fast Company magazines, on Wednesday announced FastCompany.TV, an online video network that will feature content from the magazine and feature blogger Robert Scoble as its managing director. Scoble's daily video series, ScobleTV, will also be featured on the site, slated to debut in March.

Cambridge, Mass. - A pair of MIT grad students on Wednesday announced the launch of TVLeagues.com, a site that lets

Cincinnati - Scripps (NYSE: SSP), the owner of newspapers, local TV stations and cable networks including HGTV and Food Network, announced on Wednesday the launch of a social networking site that aims to be a "forum for diverse political and cultural ideas and opinion." RedBlueAmerica.com will include user-generated content, blogs, videos and other typical features.

Saratoga, Calif. - Grayboxx, a provider of online local search engines, on Wednesday announced the nationwide launch of its service, which includes links "neighbor-recommended" local businesses. The company provides more than 185 million automated rankings and recommendations in over 4,000 business categories, including reviews gathered from third-party sites.

New York - Vringo, a distributor of video ringtones, on Wednesday announced a deal with Time Warner's (NYSE: TWX) Turner Broadcasting System Europe, that will allow subscribers to download clips from Cartoon Network and Adult Swim as video ringtones. New York-based Vringo also has partnerships with Discovery Channel and Universal Music Group.

Redwood City, Calif. - Electronic Arts (NASD: ERTS) has announced that it will release a version of its forthcoming game "Spore," from "Sims" creator Will Wright, for the Mac platform -- part of the company's initiative to publish more titles for Mac users. Both a PC and Mac version of the game will be released some time later this year.

London - Toymaker Mattel (NYSE: MAT), which owns the rights to the board game Scrabble outside of North America, has asked the online social network Facebook to remove an online knock-off called "Scrabulous" from its site, Reuters reports.

London - In the wake of a restructuring announced this week that will include up to 2,000 layoffs, the head of major record label EMI's digital division, Barney Wragg, has left the company, Billboard reported.

Ticketmaster has purchased secondary market ticket seller TicketsNow.com (WSJ cites price of $265 million) in an effort to capture (and share with partner venues, artists, etc.) more revenue from ticket reselling. This move will help Ticketmaster compete more directly with StubHub, which eBay purchased in January 2007. Each of the two combinations are compelling – the market leader for ticket sales moving more aggressively into ticket reselling (Ticketmaster also operates Ticketexchange, a smaller service in terms of market share, to resell tickets), going against the online market leader for reselling almost anything.

New York - The video game industry, through its Entertainment Software Association (ESA) trade group, intends to create a political action committee (PAC) and begin making donations to politicians and candidates that support their views, The New York Times reports. "We will be writing checks to campaigns by the end of this quarter," ESA CEO Michael D. Gallagher told The Times. "This is an important step in the political maturation process of the industry that we are ready to take now. This is about identifying and supporting champions for the game industry on Capitol Hill so that they support us."

Los Angeles - 60Frames Entertainment, a producer and syndicator of Web entertainment content that was incubated by United Talent Agency and cable TV ad reseller Spot Runner, on Tuesday introduced launched its first slate of programming. The Los Angeles-based company's first programs include "Cockpit," a comedy series developed by the creators of Internet series "Prom Queen," and "Erik the Librarian Mysteries," which is written and directed by TV writer Brent Forrester ("The Office").

Paris - Criteo, a provider of personalize purchasing recommendations for online shoppers, has raised $10.3 million in its second round of venture capital financing, led by Index Ventures.

Seattle - Mercent, a provider of online marketing technology for retail merchants, announced on Wednesday that it has raised $6.5 million in its second round of funding, led by TVC Capital.

Silver Spring, Md. - Talk show diva Oprah Winfrey is teaming with Discovery Communications (NASD: DISCA) to create "OWN: The Oprah Winfrey Network," a multi-platform venture scheduled to debut in 2009 in more than 70 million homes. The network will replace the Discovery Health channel in cable lineups, and include a Web component under the Oprah.com domain.

Washington - The head of the Federal Communications Commission (FCC) is fearful that the nation's current credit woes could lead to lower bids in a major auction of wireless spectrum that is being closely watched by the local technology community that is scheduled for next Thursday.

London - Openads, a developer of free, open source ad server software, announced on Wednesday that it has raised $15.5 million in its second round of financing, led by Accel Partners.