Washington - The Federal Communications Commission (FCC) has raised a record $19.6 billion in its wireless spectrum auction, which closed on Tuesday, though winners of the prized airwaves aren't expected to be revealed for at least three weeks, the Associated Press reported. [more..]

Newark, N.J. - The New Jersey Attorney General's Office and Division of Consumer Affairs have subpoenaed JuicyCampus, a site that lets college students post anonymous gossip, as part of an investigation into whether the site violates New Jersey's Consumer Fraud Act. [more..]

Gutersloh, Germany - German media conglomerate Bertelsmann has reported its annual earnings for 2007, and said that revenues from its share of joint venture record label Sony BMG fell 27.8%, to $2.3 billion, as physical revenues fell 17% and digital revenues increased by 40%. [more..]

Helsinki - Major record label EMI is in talks with Nokia on licensing its songs for the company's forthcoming "Comes With Music" unlimited mobile music service, Reuters reports. [more..]

Los Angeles - A German court has ruled that the identities of ISP subscribers should not be disclosed as part of potential file-sharing copyright investigations, finding that such measures can only be used for "heavy" crimes like terrorism, murder or child pornography, TorrentFreak reports. [more..]

New York - CafeMom.com, an online social network for mothers, announced on Thursday that it has raised $12 million in a round of venture capital that was led by the company's original investors, Highland Capital Partners and Draper Fisher Jurvetson. [more..]

Sunnyvale, Calif. - Retrevo, the developer of a service designed to help users find, buy and use electronic products, said on Thursday that it has secured $8 million in its second round of funding, co-led by Alloy Ventures and Norwest Venture Partners (NVP). [more..]

Amsterdam - Playlogic Entertainment, a Netherlands-based independent video games publisher, announced on Thursday that it has secured $7 million in new financing, consisting of $3 million in equity and $4 million in loan through a private placement. [more..]

Portland, Ore. - SplashCast, a developer of social marketing applications, announced on Thursday that it has raised $4 million in its first round of venture capital financing, led by Mark Bayliss with participation from Emergent. [more..]

Austin - Small World Labs, a provider of enterprise social media and community building services, has received more than $1 million as part of a first round of financing expected to close in the next 60 days. Participating investors included Clearmeadow Partners. [more..]

Burbank, Calif. - Mefeedia, a personal video portal and video search service, has raised $250,000 in angel funding from unnamed investors, and launched its search engine index of 15,000 video sites, NewTeeVee reported. [more..]

Cambridge, Mass. - Harmonix, the video game studio unit of Viacom's MTV Networks that created the "Rock Band" music game, announced on Thursday that more than 6 million song downloads have been purchased for the game since its launch just over three months ago. [more..]

Foster City, Calif. - Sony Computer Entertainment America said on Thursday that the next system software update for its PlayStation 3 will add BD-LIVE, a set of interactive features for the game console's Blu-ray player. [more..]

New York - LoftCity, a site that offers an online community, production tools and digital distribution services for professional filmmakers, on Thursday announced its launch after a six-week beta trial that attracted 3,100 filmmakers from 60 countries. [more..]

Centennial, Colo. - National CineMedia, a provider of in-theater digital advertising and entertainment programming, announced on Thursday that it has partnered with Brand Experience Lab to bring its "AudienceGame" interactive game to movie theater screens. [more..]

Chicago - Video game developer and publisher Midway games announced on Thursday that chief executive David Zucker is leaving the company, and will be replaced by interim CEO and president Matthew V. Booty until a replacement can be found. [more..]