Sunnyvale, Calif. - Following what is said to have been a successful week-long test, Yahoo is now seeking to partner with Google to provide ads alongside its search results, the Wall Street Journal reported. [more..]

Redwood City, Calif. - Electronic Arts announced on Thursday that it has received a second request for information from the Federal Trade Commission (FTC) related to its proposed acquisition of fellow game publisher Take-Two Interactive. [more..]

Los Angeles - Nokia is reportedly paying Universal Music Group $35 per device for the rights to pre-load music from the label's artists on the devices it sells as part of its new "Comes With Music" offering in Europe, according to The Hollywood Reporter, which cited "a well-informed mobile industry executive." [more..]

San Bruno, Calif. - Google's YouTube has paid out more than $1 million in total revenue to members of its Partner Program, which shares ad revenue with "the most popular and prolific original content creators" on the site. [more..]

Los Angeles - Confirming earlier reports, Universal Music Group announced on Thursday that it has made an equity investment in Buzznet, the music-focused social media site, and will share revenue with and be directly involved in developing editorial programming for the site. [more..]

London - ERA Digital, an offshoot of the U.K. trade group the Entertainment Retailers Association that includes HMV.com, Play.com, 7digital.com, Orange and Playlouder MSP, has released a five-point plan of reforms its says are "essential to maintain growth in the market." [more..]

Santa Monica, Calif. - Eqal, the production company that created the Internet show "Lonelygirl15," has raised $5 million in its first round of financing, led by Spark Capital. [more..]

San Francisco - The confidence of Silicon Valley venture capitalists sunk to a new four-year low during the first quarter, according to a new survey of 32 Bay Area investors by Mark Cannice, a professor at the University of San Francisco School of Business and Management. [more..]

Maynard, Mass. - Generate Inc., a developer of business intelligence software, has been acquired by News Corp.'s Dow Jones & Co., the New York-based provider of global business news and information services. [more..]

One interesting trend that I have noticed is that search engines and social networks are now accounting for an equal share of referred traffic, blogs Heather Dougherty. [more..]

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Las Vegas - Traffic at Hulu, the video site joint venture between NBC Universal and News Corp., has tripled in the past 24 months, and surpassed its goals during its first month of public availability, according to comments from Hulu CEO Jason Kilar made at the NAB convention in Las Vegas, TVWeek.com reports. [more..]

Burbank, Calif. - NBC Universal on Thursday announced the formation of its new Digital Studio, and said that Omnicom Media Group Digital has signed on as its first strategic partner. [more..]

Mumbai, India - News Corp.'s MySpace on Thursday officially launched its latest localized site in India, promoting the new service with a rock concert featuring local artists, and a developer platform workshop. [more..]

Santa Monica, Calif. - Activision announced on Thursday that rock band Def Leppard will include their new single "Nine Lives" as part of a three-track downloadable song pack add-on for its "Guitar Hero III: Legends of Rock" game. [more..]

Los Angeles - News Corp.'s MySpace on Thursday announced the launch of its first original U.K. co-production with Hammer Films, "Beyond the Rave." [more..]

Chicago - Microsoft has partnered with Genius Entertainment to offer a limited edition Zune digital media player that will feature classic artwork from legendary U.K. band Joy Division's album "Unknown Pleasures," Pitchfork reported. [more..]

Berkeley, Calif. - MAPLight.org, a California-based nonprofit that maintains a database of campaign contributions and legislative outcomes to determine links between money and politics, has named Stanford law professor and Creative Commons founder Lawrence Lessig to its board of directors. [more..]

London - The British Academy of Film and Television Arts (BAFTA) has cancelled its annual video game industry awards for this year, citing a scheduling error that put the event too close to the holidays to draw enough quality submissions from developers, MCV UK reported. [more..]

Mesa, Ariz. - FireSky, a newly established video game publisher, said on Thursday that has signed a deal to publish "Stargate Worlds," a massively multiplayer online roleplaying game based on the sci-fi franchise owned by MGM. [more..]