DMW Daily, June 25, 2008

 Top Stories
St. Louis - Cable TV and broadband provider Charter Communications has abandoned plans to deploy a system that would have monitored the Web surfing habits of its customers in a bid to serve them more relevant ads. [more..]
San Francisco - The FBI this week visited the operator of a blog that leaked pre-release tracks from the long-awaited Guns 'N Roses album "Chinese Democracy" -- a crime that under new laws can carry a 10-year prison term, Rolling Stone and Wired.com reported. [more..]
Princeton, N.J. - Revenues from local online videos in the U.S. are projected to reach $1.5 billion by the end of 2012, growing at an impressive 168% compound annual growth rate from $10.9 million in 2007, according to a report from market research firm The Kelsey Group.
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New York - The 8GB Apple iPhone 3G, which will go on sale next month in the U.S. for $199, costs the company an estimated $173 to manufacture, according to a report by market research firm iSuppli. [more..]
San Mateo, Calif. - CafePress, a service that allows consumers to create custom-branded merchandise from their own designs, announced on Wednesday that it has settled a trademark lawsuit filed against it by Hustler magazine publisher LFP, over use of the word "hustler" on items available through CafePress. [more..]
New York - The Orchard, a digital distributor of independent label music, announced on Wednesday a partnership with digital music retailer AmieStreet.com, that will bring The Orchard's catalog of over 1.1 million songs to the Web store, where song pricing varies based on consumer demand. [more..]
Los Angeles - SodaHead, an online community that features group discussions on a range of topics, announced on Wednesday that it has raised $8.4 million in its second round of venture capital financing, led by Mission Ventures. [more..]
New York - BlogTalkRadio, the provider of a service that lets anyone host a live radio talk show over the Internet, has raised $4.6 million in a new round of financing led by The Kraft Group, The New York Times' Bits Blog reported. [more..]
Mountain View, Calif. - Coupons, Inc., a provider of interactive coupon marketing and technologies, announced on Wednesday that it has acquired CouponBug, which partners with TV stations that run ads directing consumers to websites with coupons. [more..]
 Briefly Noted
London - More than 27 million U.K. Web users streamed a total of 3.5 billion videos online during March 2008, according to data from Web ratings provider comScore. [more..]
Denver - In a first for a national political convention, the Democratic National Convention Committee (DNCC) has announced that it has partnered with Comcast to provide a live, Spanish-language streaming simulcast of the entire 2008 Democratic National Convention from Denver. [more..]
New York - AOL on Wednesday announced the launch of dedicated local websites serving Argentina, Chile, Colombia and Venezuela. [more..]
McLean, Va. - Clearspring Technologies said that its widget syndication and tracking service has been independently audited and accredited by the Audit Bureau of Circulations Interactive (ABCi). [more..]
Los Angeles - Navtones, a provider of branded voices for GPS navigation systems, announced on Wednesday the release of a premium voice download created by actress Kim Cattrall ("Sex and the City") for all TomTom portable navigation devices. [more..]
Redwood City, Calif. - Electronic Arts said on Wednesday that San Antonio Spurs point guard Tony Parker will be the worldwide cover athlete and spokesman for its NBA Live 09 video game. [more..]