Cupertino, Calif. - Following a report over the weekend in the U.K.'s Telegraph that said Sir Paul McCartney had signed a $400 million deal with Apple to distribute the Beatles catalog on the iTunes Store, Apple has dismissed the claim as unsubstantiated speculation. [more..]

New York - Eyeblaster, a provider of digital marketing services, has filed for an initial public offering of shares on the Nasdaq that aims to raised $115 million. [more..]

San Francisco - Kyte, a provider of technology that allows users to broadcast mobile and online video to multiple destinations, announced on Monday that it has closed a $21.1 million second round of funding, led by Disney-affiliated Steamboat Ventures. [more..]

Palo Alto, Calif. - Gigya, a developer of technology for distributing, tracking and analyzing widgets, said on Monday that it has raised $9.5 million in its second round of funding, led by Mayfield Fund. [more..]

San Francisco - Zivity, a subscription-based social network where models and photographers can post "professional-quality photography promoting female beauty and expression" for members, said on Monday that it has raised $7 million in its second round of financing, from BlueRun Ventures and Founders Fund. [more..]

New York - Giant Realm, on online network of video game and entertainment sites, announced on Monday that it has raised a new $3.5 million found of financing, led by Comcast Interactive Capital. [more..]

London - Slicethepie, a music discovery site where fans can invest in the recording of albums by their favorite artists, announced on Monday that it has raised $2 million in its third round of venture capital financing. [more..]

San Mateo, Calif. - Jivox, the provider of a self-service online video ad platform for local businesses, announced on Monday that it has raised $2.7 million in a round of seed financing, led by Opus Capital. [more..]

New York - Drop.io, a provider of websites for sharing photos, videos, documents, and other types of media, announced on Monday that it has raised $2.7 million in its first round of venture capital, led by DFJ Gotham and RRE Ventures. [more..]

San Francisco - Fuego Nation, a company developing a social network "for discerning, passionate adults looking to expand their personal and professional communities in one convenient location," on Monday announced a $1.5 million first round of funding, provided by private investors. [more..]

New York - RiverWired, an online social network and content community that focuses on green, eco- and environmentally-friendly lifestyle topics, said on Monday that it has raised $1.5 million in a round of seed-stage funding from unnamed investors. [more..]

n/a

The user base for Digg.com tends to be younger, which could be a benefit for either MSN or Google to help capture additional users ages 18 to 24 that tend to be more active with collaborative social media, blogs Heather Dougherty of Hitwise. [more..]

DMW is happy to once again bring you the hottest list of buzz bands and parties at SxSW, courtesy of music publicist Fiona Bloom. [more..]

Redmond, Wash. - Microsoft on Monday announced price cuts for its Xbox 360 video game console in Europe, with the price to be lowered by 80 euros ($123) on all three models, so that the cost for the entry-level model is now about $307. [more..]

Seattle - Warner Bros. Records recording artists R.E.M. will premiere their upcoming album, "Accelerate," exclusively on the iLike social music discovery service. [more..]

Santa Monica, Calif. - Independent film studio Lionsgate on Monday announced a partnership with Apple to provide digital copies of select films that can be easily transferred from a DVD or Blu-ray disc into iTunes for viewing on a PC, Mac, video iPod or iPhone. [more..]

New York - Qtrax, a company developing a free, ad-supported, peer-to-peer file-sharing service, announced on Monday that it has signed an agreement to include the catalog of U.K. independent label network Beggars Group. [more..]

London - We7, a digital music service co-founded by musician Peter Gabriel that offers ad-supported free downloads, has announced a licensing deal with Sony BMG, but for its forthcoming ad-supported streaming service -- not for downloads. [more..]

New York - Nintendo of America says it will not publish an upcoming Holocaust-themed DS title, "Imagination Is the Only Escape," which "casts players in the role of a young boy in eastern France during the German occupation who seeks escape from real-life horror through a fantasy world," The New York Times reports. [more..]