Seattle - Online retail giant Amazon.com on Monday introduced its $399 Kindle portable e-book reader device, and a library of more than 90,000 books available for download through the Kindle Store for about $9.99 each. [more..]

San Antonio, Texas - AT&T announced on Monday that it has acquired Ingenio, a provider of pay-per-call technology, an advertising platform that provides unique phone numbers to track calls to businesses generated by specific ads. [more..]

New York - NBC has acquired "Quarterlife," an online series airing on MySpace that has its own social network, and plans to turn it into an hourlong TV drama that will likely premiere in February, The New York Times reported. [more..]

New York - While digital music spending is expected to grow to $3.4 billion over the next five years, when it will account for more than a third of U.S. consumer music purchases, it will not compensate for lost CD sales anticipated during this period, according to a new report from market research firm JupiterResearch. [more..]

Santa Clara, Calif. - Macrovision, a provider of media anti-piracy and distribution technologies, announced on Monday that it has signed an agreement to acquire Blu-ray Disc security technology from Cryptography Research, Inc. (CRI), for about $45 million. [more..]

Beijing - Hurray Holding Co. nasdhray, a provider of artist development, music production and mobile music distribution in China, announced on Monday that it has signed an agreement to merge with Enlight Media, a producer and distributor of entertainment content in China. [more..]

London - Taking a page out of the playbook of the budget song download site AllofMP3.com, a Russian website called ZML.com has begun offering unprotected downloads of Hollywood movies for about $2.99 each, The Register reported. [more..]

Sausalito, Calif. - Right Sized Media, the developer of a media search service that lets users discover and share pop culture quotes, has raised around $5 million in its first round of venture capital financing, PEHub.com reported, citing a regulatory filing. [more..]

Boston - Backchannelmedia, a provider of digital TV ad serving and response capture services, announced on Monday that it has raised $3 million in new funding, capping its first round at nearly $10 million. [more..]

San Francisco - Buzzlogic, a provider of blog analysis tools that attempts to track the most-influential blogs on various topics, has raised $2.5 million in new financing, VentureBeat reported. [more..]

New York - Mio.TV, a bilingual, Web-based Latin entertainment network, has raised $2.5 million in initial funding, from investors including Talbert Navia and Carlos Cone, BusinessWeek reports. [more..]

Atlanta - BeRecruited.com, a networking site for high school athletes seeking recruitment from college coaches, announced on Monday that it has closed a "significant" first round of financing, led by Madison Parker Capital. [more..]

It is an improvement over previous eBook readers, but the Kindle is not an ipod for books quite yet. It is function over form and, even so, not good enough to, at least, make me want one, blogs Jay Baage. [more..]

I have used the Kindle and if someone gave me a choice of receiving an iPhone or a Kindle, I’d pick the Kindle, blogs Guy Kawasaki.
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Dulles, Va. - AOL said on Monday that it will begin using video ticker ads -- banner ads integrated within streaming videos that won't obstruct the video itself. [more..]

Tokyo - In a bid to woo additional developers, Sony Computer Entertainment has halved the price it charges for the software tools necessary to create games for its PlayStation 3 console, the Associated Press reported. [more..]

San Jose, Calif. - SyncTV, a unit of Pioneer Corp., on Monday announced the launch of a private beta test of its new Internet-based TV download service, which will initially offer content from providers including CBS' Showtime Networks. [more..]

New York - Yahoo has added 17 newspapers to its online newspaper consortium, including The Columbus Dispatch and 16 regional papers owned by The New York Times Co., the Associated Press reported. [more..]

Singapore - Shortly after enacting a ban on the sale of Microsoft's "Mass Effect" video game over an alien-lesbian love scene, Singapore has changed course and will now only allow those over 18 to purchase the title, Reuters reported, citing an article in the local Strait Times. [more..]

San Antonio, Texas - AT&T on Monday announced plans to launch the Samsung SLM, the first handset to offer AT&T subscribers access to Napster's mobile digital music store, on Nov. 23. [more..]

London - Nokia announced on Monday that it will offer an exclusive early download of singer Kylie Minogue's forthcoming album, "X," to U.K. consumers through its Nokia Music Store. [more..]

New York - Universal Music Group recording artists the Mars Volta will release an online game through Amazon.com to coincide with the release of the band's fourth album, "The Bedlam in Goliath," CMJ.com reported.
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Austin, Texas - The South by Southwest (SXSW) Film Conference and Festival announced on Monday that it has partnered with ON Networks, a distributor of original, HD shows across multiple digital platforms, to create the Greenlight Awards, "a competition aimed at discovering the next great, original and episodic digital series." [more..]

Providence, R.I. - Ando Media, a provider of Internet radio audience metrics, announced on Monday that KCRW, National Public Radio's flagship station in Southern California, will use its Webcast Metrics audience measurement and PodFuse podcast measurement systems. [more..]

Washington - XM Satellite Radio said on Monday that it will offer anyone with an inactive XM radio purchased at retail three free months of XM service. [more..]

Chicago - Midway Games and Epic Games on Monday announced the release of "Unreal Tournament 3" for the PC. [more..]