Brussels - The European Union has launched an investigation into U.S. treatment of overseas online gambling operations, with an eye towards possibly launching proceedings against the U.S. at the World Trade Organization, Reuters reported. [more..]

Dulles, Va. - The head of media giant Time Warner said that he is open to a deal combining AOL with another company, The New York Times reported on Wednesday. [more..]

San Bruno, Calif. - Google's YouTube video site on Wednesday introduced updates to its application programming interfaces (APIs) that will allow developers to integrate videos from the site into other applications, and showcased implementations from TiVo, Electronic Arts, Animoto and the University of California. [more..]

Washington - The head of Sirius Satellite Radio said on Wednesday that he is hopeful the Federal Communications Commission (FCC) will rule on his company's proposed $4.2 billion merger with XM Satellite Radio by the end of this month, Reuters reported. [more..]

Mountain View, Calif. - Searchme, a new search engine that delivers results as a browsable stack of preview pages, and provides suggestions of categories as users type search terms, has announced the launch of its search engine in private beta. [more..]

New York - Next New Networks, a provider of thematic online video channels for targeted communities, has raised $15 million in new financing from Velocity Interactive and Goldman Sachs, VentureBeat reported. [more..]

New York - Pando Networks, a provider of peer-to-peer file-sharing software, has secured $8.12 million of a $20.9 million second round of venture capital financing, PEHub.com reported, citing a regulatory filing. [more..]

San Francisco - Mochi Media, the provider of an in-game ad network for casual, Flash-based games, has raised $4 million in its first round of funding, led by Accel Partners, VentureWire reported. [more..]

London - ROK Entertainment Group, a provider of mobile video delivery services, announced on Wednesday that it has acquired a 51% controlling interest in Geniem, a Finland-based mobile and Web applications developer. [more..]

San Francisco - Fluid Entertainment, a developer of children's video games, announced on Wednesday that it has landed $3.2 million in its first round of financing, led by Trinity Ventures. [more..]

Cupertino, Calif. - The developer toolset that Apple released for its iPhone four days ago has already been downloaded more than 100,000 times. " [more..]

London - Accenture, the global management consulting and technology services company, said on Wednesday that it has signed a deal to provide digital supply services for Universal Music Group in all territories outside North America. [more..]

New York - The Nielsen Company announced on Wednesday an agreement with cable TV provider Charter Communications, that will give Nielsen access to anonymous digital set-top box data for analytical and potential TV audience measurement purposes. [more..]

London - Veteran metal band Iron Maiden will offer a free digital download of its forthcoming compilation of songs recorded during the 80's, which after three listens will expire and prompt users to purchase a DRM-free version of the album, Billboard reports. [more..]

Redmond, Wash. - Nintendo on Wednesday announced plans to release "Mario Kart Wii" on April 27, which will come with the company's Wii Wheel driving accessory. [more..]

Redwood City, Calif. - Electronic Arts on Wednesday said it signed driver Jeff Gordon as the cover athlete for its "NASCAR 09" title, scheduled to ship in North America on June 10. [more..]

Hollywood - Video game publisher Brash Entertainment said on Wednesday that it has partnered with Japan-based game studio Game Republic, to collaborate on a game based on an undisclosed "popular Hollywood film," set for release in 2010. [more..]