New York - Media giant Time Warner has completed the tedious process of separating AOL's dial-up business from its advertising and content business, The Wall Street Journal reported on Monday. [more..]

New York - A federal appeals court has ruled that cable TV provider Cablevision's proposed network-based digital video recorder does not directly infringe on the copyrights of networks and movie studios, and sent the case back to a lower court for further proceedings, Reuters reported. [more..]

Washington - A group of key U.S. House lawmakers last week sent a letter to 33 Internet firms and broadband service providers, pressing them for information about the extent to which they collect information on consumers' Web surfing habits for the purpose of targeting advertising. [more..]

Washington - Congress last week approved a reauthorization of the Higher Education Act, a wide-ranging bill covering U.S. universities that includes controversial new provisions governing how schools deal with file-sharing on campus. [more..]

New York - Time Warner's AOL has acquired Colorado-based Socialthing, developer of a social networking news feed service designed to help users trace the Internet activity of friends, according to a report in TechCrunch. [more..]

Washington - National Public Radio (NPR) announced that it has acquired Public Interactive, the public media Web services company owned by Public Radio International (PRI), for an undisclosed sum. [more..]

Los Angeles - Two venture-funded social media sites, the social news-ranking site Thoof and social music site Social.fm (formerly Mercora) have been shut down, TechCrunch and GigaOM reported, respectively. [more..]

New York - Tabula Digita, a developer of educational games, announced that it has closed on its second round of venture capital financing, led by Ascend Venture Group. [more..]

London - Kerchoonz.com, a music-focused social network that features DRM-free files and no advertising, announced that it has received a $490,000 investment from the Scottish Co-investment Fund.
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Omaha, Nebr. - Proxibid, a provider of live auction webcasting services, announced on Monday that it has secured an undisclosed sum of new funding from Tetrad Corporation. [more..]

Washington - Roll Call Group, the publisher of Congressional newspaper Roll Call, said that it has paid $43 million to acquire Capitol Advantage, a developer of online and offline grassroots and advocacy tools. [more..]

Mark Cuban: The theatrical exhibition industry just experienced a phenomenal several weeks with The Dark Knight setting record after record. Could you please, please, please use the money you are going to spend fighting the unfightable and instead spend it on promoting the fun of going to the movies? [more..]

London - The Orchard, a digital distributor of mainly independent music and video content, announced on Monday that it has signed a deal with Sony/ATV Music Publishing for the marketing and distribution rights to all of the company's owned master recordings. [more..]

San Francisco - Independent digital music and film distributor IODA announced that it has signed a deal with Chinese digital music distributor R2G to offer the entire IODA catalog on R2G's new Wawawa Music Store. [more..]

Emeryville, Calif. - MobiTV, a provider of mobile TV programming and distribution services, said that it now has surpassed 4 million subscribers. [more..]

New York - Digital music service eMusic announced on Monday that it now counts over 40,000 record labels on its roster, and a total of over 4 million tracks in its library. [more..]

Sausalito, Calif. - Federated Media Publishing, a blog advertising network, announced on Monday that it has partnered with Microsoft to launch CrowdFire, a social media service that focuses on music concerts. [more..]

Los Angeles - CraveOnline.com, a men's lifestyle destination, announced on Monday that it has acquired MyAnimeList, an anime and manga social networking site that counts over 4.4 million anime and 775,000 manga entries. [more..]