New York - Online social network Facebook is finalizing the settlement of several lawsuits with ConnectU, whose founders claim that Facebook head Mark Zuckerberg stole their idea for a company when they were all Harvard undergraduates, The New York Times reports. [more..]

Los Angeles - Apple's iTunes Store in Canada has removed several songs by Jamaican dancehall artists from its catalog, after complaints about lyrics that advocate the killing of gay people were raised by LGBT groups Egale Canada and Stop Murder Music, Xtra.ca reported. [more..]

Fort Mill, S.C. - Muzak and DMX, two providers of business music and media services, announced on Tuesday that they have received word that Justice Department's antitrust division has approved their proposal to merge and sell the combined company to a third party. [more..]

Los Angeles - News Corp.'s FOX Networks, the company's international ad network, announced on Tuesday that it has acquired a majority stake in Utarget, a European ad network that specializes in online video and counts over 600 U.K. websites among its members. [more..]

New York - The International Academy of Digital Arts and Sciences on Tuesday announced nominees in over 100 categories for the 12th Annual Webby Awards, which recognize the best and most important sites on the Web. [more..]

Burlingame, Calif. - MeeVee, a provider of personalized TV listings and online video, announced on Tuesday that it is "engaged in multiple discussions with potential acquirers," having determined that "combining with an established player will maximize the potential for the community, technology and content relationships the company has built." [more..]

Miami - News Corp.'s MySpace online social network on Tuesday announced the official launch of its MySpace Latino destination, which features culturally relevant content from partners including ImpreMedia, Spanish Broadcasting System (SBS), Billboard en Espanol and Remezcla.com. [more..]

New York - Sellaband, a Netherlands-based company that helps bands raise funds for recording by enabling fans to contribute online, has raised $5 million in new financing from Prime Technology Ventures.
[more..]

Mishawaka, Ind. - Better World Books, an online bookseller that collects donated books and sells them online to fund literacy initiatives worldwide, has raised $4.5 million in its first round of funding, led by Good Capital, whose Social Enterprise Expansion Fund provides funds to businesses that deploy market-based solutions focused on poverty alleviation, healthcare and education. [more..]

San Francisco - Richrelevance, a provider of personalized recommendations for e-commerce businesses, announced on Tuesday that it has raised a $4.2 million second round of venture capital financing, from Greylock Partners and Tugboat Ventures. [more..]

In the age of disposable email, it looks like you're going to have to work harder to earn the right to ask for a user's email address, blogs Rohit Bhargava. [more..]

n/a

San Diego - Slacker, the maker of a portable music player and corresponding radio service, announced on Tuesday that it has signed agreements with EMI Music Publishing, Sony/ATV Music Publishing, Universal Music Publishing Group and Warner/Chappell Music, which will allow users to transfer songs from its online radio service to Slacker portable players. [more..]

Los Angeles - Perry Farrell, the former Jane's Addiction frontman who also created the Lollapalooza music festival, said that this year's event in Chicago will feature recordings of collaborations between various artists scheduled to perform at the festival, which will be sold on iTunes and then performed onstage during the event, MTV News reported. [more..]

Los Angeles - Gemstar-TV Guide International, a provider of electronic program guides for digital TV services, announced on Tuesday that it has expanded its relationship with digital video recorder firm TiVo. [more..]

Dulles, Va. - AOL said on Tuesday that it will begin offering short-form online video content from ESPN.com through its AOL Video and AOL Sports sites, marking the first time ESPN has syndicated its content through an Internet portal. [more..]

Columbia, Md. - iBiquity Digital, the developer of HD Radio technology that lets radio stations transmit a digital signal alongside their analog signals, has announced the availability of the first HD Radio receivers to support "iTunes Tagging," which allow users to tag songs they hear on the air for later purchase from Apple's iTunes Store. [more..]

Amsterdam - Nokia on Tuesday announced the launch of a version of its Nokia Music Store in the Netherlands. [more..]

Biarritz, France - iKlax Media on Tuesday announced the development of a new interactive audio format, iKlax, which enables listeners to select among the various tracks in a particular recording for listening. [more..]

San Mateo, Calif. - Engage said on Tuesday that it has emerged from beta testing and publicly launched its social dating community site. [more..]

Deerfield Beach, Fla. - Video game and entertainment ad network Intergi said on Tuesday that it has signed an agreement to supply advertising placement for K2 Network, which serves over 16 million gamers in over 100 countries. [more..]