DMW Daily, August 6, 2007

 Top Stories
Republican presidential hopeful Rudy Giuliani’s daughter Caroline, 17, has signaled that she supports Democrat Barack Obama for president, according to her Facebook profile. [more..]
Redmond, WA. The world's biggest mobile phone company Nokia will start to use Microsoft's PlayReady copy protection software for sharing wireless entertainment, like music and videos, the two companies said Monday. [more..]
San Francisco - Daniel Lyons, a senior editor at Forbes Magazine, is the anonymous writer behind the enormously popular blog “The Secret Diary of Steve Jobs.” [more..]
Nashville. Monterey Peninsula Artists and Little Big Man will be fully integrated into Paradigm Talent Agency, according to sources Billboard has talked to. The two boutique agencies' names will be retired, effective August 13. [more..]
Shares of Palm Inc. fell as much as 4.8 percent on Monday, as the tightening credit market fueled investor concerns about its previously announced plan to take on new debt as part of a private equity financing agreement [more..]
San Rafael, CA. Autodesk announced on Monday that it has signed a definitive agreement to acquire the assets of New Zealand-based Skymatter Limited, the developer of Mudbox 3D modelling software. Financial terms of the transaction were not disclosed.


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Warner Music Group saw shares fall as much as 7.7 percent in early trading on Monday as a Wall Street analyst lowered for the company's quarterly results [more..]
London. Bob Tur, a journalist who was first to file a copyright lawsuit against YouTube, is dropping his individual suit and will instead join a class action suit that is led by England's Premier Soccer League and a number of new members. [more..]
New York. AmieStreet, a digital music site that prices songs of new artists according to their popularity, said on Monday that Amazon.com is leading a first round of investment in the start-up.
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London. British music group EMI's digital revenues rose 13.2 percent during the first quarter with cost savings coming through on budget, the company said on Monday.

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 Opinion & Analysis
If you are launching a social network, or have some input into making one better, here are just a few of the things that people hate, according to Rohit Bhargava.
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 Briefly Noted
Illustrator Michael Witte, whose work on mechanics recently appeared in The New Yorker, published a piece today in Editor & Publisher about the real culprit of Barry Bonds’ historic HR record: the “armor” the slugger wears on his right elbow. [more..]
Filmmaker Paul Greengrass' "The Bourne Ultimatum" nabbed the best August opening on record, outperforming the debut of any James Bond film as well as the previous two installments in Universal's Jason Bourne spy franchise. [more..]
Reports in the British press over the weekend suggest that the BBC may be considering greatly increasing its creation and promotion of video games. [more..]
Officials from German producer 10tacle Studios have announced a “strategic partnership” with British developer Climax, which will see the German company acquiring a 29 percent stake in Climax Group ordinary shares. [more..]
Austin, TX. Cloud 9 Games, Inc., a Christian game developer, announced today that Heavenly Harmony, a Christian karaoke and vocal performance game, will start shipping for worldwide August 8th for Windows PC's.

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New York. Venture Capital investments in internet-specific companies amounted to $897 million (160 deals) in the second quarter, down from $1.4 billion (177 deals) in the first quarter. [more..]