Los Angeles - A judge has ruled that the "making available" of copyrighted content on a file-sharing network can constitute copyright infringement, in the second such known ruling by a judge hearing a major label's case against an individual file-swapper, according to a post on the Recording Industry vs. The People blog. [more..]

New York - The creators of the animated series "South Park" on Viacom's Comedy Central cable network have secured a deal with the company to launch a joint venture that will incubate original material, including video games, across the Internet and mobile platforms, The New York Times reported. [more..]

New York - Hi-Media Group, a France-based Web publishing and online advertising and commerce firm, announced on Monday that will acquire New York-based Fotolog, an online social network based around photo-sharing, in a deal valued at $90 million. [more..]

Helsinki - A court in Finland has found a 15-year-old guilty of libel, for posting a YouTube clip of his teacher singing karaoke at a school event with the added English-language subtitle, "Karaoke of the mental hospital," Reuters reported. [more..]

Los Angeles - Movie production company CP Productions plans to create a feature-length film based on the Midway Games classic arcade title, "Joust," GameDaily.biz reported. [more..]

Boca Raton, Fla. - Hollywood Media Corp., a provider of news, information and ticketing for the entertainment industry, announced on Monday that it has sold its Source movie showtimes data business to West World Media for $23 million. [more..]

Sterling, Va. - Anystream, a provider of technology for the distribution of digital content, said that it has paid an undisclosed sum to acquire Australia-based Lectopia, a developer of technology that makes the audio and video of university lectures available to students online. [more..]

San Francisco - Masala, a San Francisco-based start-up developing an online social network, has raised $4.5 million in its first round of venture capital financing, led by VantagePoint Venture Partners, PEHub.com reported, citing a regulatory filing. [more..]

San Francisco - Vadver, a developer of video search technology based on user recommendations, has raised $1.7 million in its first round of funding from Draper Fisher Jurvetson, NewTeeVee reported. [more..]

Mark Cuban develops his arguments on why he thinks that the net is a plain vanilla boring, never really changing platform - and that there are more exciting opportunities in media on other plattforms.
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Robin Goad at Hitwise takes a look at if searches on artists on Last.fm is a good way of predicting the Next Big Thing in music.
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Rohit Bhargava blogs about why he thinks Technorati will continue to be irresistable for most bloggers. [more..]

Sunnyvale, Calif. - Yahoo on Monday released a new version of its popular web mail service, Yahoo Mail, which for the first time allows users to send free text messages to mobile phones, as well as send instant messages to users of Yahoo Messenger and Windows Live Messenger2. [more..]

San Diego - Sony Electronics on Monday introduced what it says is the first all-in-one high-definition combination PC/TV with a Blu-ray Disc drive. [more..]

New York - Liberty Media's cable TV venture Starz Media said on Monday that it has licensed 40 hours of popular Japanese manga content for distribution on its soon-to-relaunch Manga.com, as well as to independent site Heavy.com. [more..]

Milpitas, Calif. - SanDisk, a maker of memory storage media and MP3 players, on Monday introduced the Sansa Clip, a tiny, wearable MP3 player intended to compete in the same category as Apple's second-generation iPod shuffle. [more..]

New York - KickApps, a developer of social media applications, on Monday announced that videos uploaded to KickApps-powered social media sites can now be viewed on Apple's iPhone. [more..]

Germantown, Md. - Hughes Network Systems, a provider of broadband satellite network services, said on Monday that it has won a deal to provide digital signage satellite services to Gas Station TV (GSTV). [more..]

London - Microsoft will not be attending IDG World Expo's inaugural E for All consumer video game conference in Los Angeles in October, GamesIndustry.biz reported. [more..]

Leipzig, Germany - Organizers of the Leipzig Games Convention have announced winners of the Best of the Games Convention Awards for this year's event, which was held over the weekend in Germany. [more..]