DMW Daily, August 25, 2008

 Top Stories
Irvine, Calif. - Chipmaker Broadcom announced on Monday that it will acquire fellow chipmaker AMD's digital TV business for about $192.8 million in cash. [more..]
New York - Following legal actions taken by toymaker Hasbro to get "Scrabulous," a Web knock-off version of its "Scrabble" removed from the Facebook social network in the U.S., Mattel -- which owns the rights to Scrabble outside of North America -- has compelled Facebook to take Scrabulous down in most of the rest of the world, the Associated Press reports. [more..]
Reston, Va. - While the U.S. may have edged China for the most medals at the recently completely Summer Olympics in Beijing, those roles were reversed when it came to visits to the official Olympics website, according to comScore. [more..]
Warren, N.J. - Virgin Mobile USA has completed its acquisition of Helio, a cellular carrier owned by EarthLink Inc. and SK Telecom, for $38 million. [more..]
Frankfurt, Germany - German wireless carrier T-Mobile said it has sold over 120,000 Apple iPhone 3G units across Germany, Austria and the Netherlands since it began offering the device on July 11, Reuters reported, citing the German magazine Focus. [more..]
American Fork, Utah - Move Networks, a provider of Internet TV distribution technology, announced that Microsoft has paid an undisclosed sum for a stake in the company.
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London - Some half a million people in developing nations are working at least part time as "gold farmers," spending hours tediously accruing online currency within video games and then selling it to time-strapped players in an estimated $500 million virtual industry, the BBC reported, citing a study by University of Manchester professor Richard Heeks.
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San Mateo, Calif. - Conviva, the provider of a live media platform that allows companies to broadcast secure live video, announced on Monday that it has secured $20 million in its second round of funding, led by UV Partners. [more..]
Chicago - LiveStub.com, a secondary ticket marketplace, announced on Monday that it has received an angel investment from Morten Lund, an early backer of VoIP service Skype. [more..]
San Francisco - Rocket Paper Scissors, a developer of entertainment websites aimed at kids, has raised $1 million in new financing, PEHub.com reported, citing a regulatory filing. [more..]
 Opinion & Analysis
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 Briefly Noted
Los Angeles - News Corp.'s Fox television network plans to stream the premiere of its new series "Fringe," as well as the second season premiere episode of "The Sarah Connor Chronicles" to college campuses at the same time as their network debuts, Variety reports. [more..]
Washington - C-SPAN, the non-profit cable network dedicated to Capitol Hill politics and public policy, has launched a pair of new web sites designed to track coverage of the political blogosphere and social media during the Democratic and Republican National Conventions. [more..]
Los Angeles - Oosah has released a new iPhone application that allows users to store up to 1 terabyte of media data on its servers and stream the music, photos or other content to the device. [more..]
New York - Media conglomerate Viacom on Monday announced deals with Amazon's CreateSpace, to offer a number of series on its MTV, Comedy Central, Nickelodeon and VH1 networks for the first time on DVD through the on-demand publishing service. [more..]
New York - Prizemo, a developer of interactive entertainment for online, mobile and TV audiences, announced on Monday its official launch, and the debut of its first game show, "Show You the Money." [more..]
Seattle - Online retail giant Amazon.com announced on Monday that it will begin offering guaranteed release-date delivery on a number of video game titles, for an additional $5.98 in shipping charges. [more..]