Mountain View, Calif. - More than four months after signing a major advertising pact with Yahoo, Google may be on the verge of calling off the deal, Reuters reported on Friday. [more..]

Los Angeles - The man accused of posting unreleased tracks from the upcoming Guns N' Roses album "Chinese Democracy" on his blog saw the charges against him reduced this week, from a felony to a misdemeanor, meaning that he now faces up to one year in prison instead of five, Wired.com reports. [more..]

Los Angeles - Electronic Arts is courting four Hollywood movie studios all bidding on the big screen rights to an as-yet-unannounced new title from the video game publisher, Variety reports. [more..]

Duluth, Minn. - A federal judge has set a tentative date of March 9 to begin the retrial of Jammie Thomas, the first person to be convicted by a jury of copyright infringement on file-sharing networks, whose earlier conviction was vacated by the judge, Wired.com reported. [more..]

Cupertino, Calif. - While 43% of Apple iPhone owners earn in excess of $100,000 annually, the strongest growth in users is coming from those earning less than the median household income, particularly since the launch of the iPhone 3G, according to a new report from comScore. [more..]

Los Angeles - China's State Administration of Radio Film and Television (SARFT) banned ten video sites this week and doled out warnings to another 17, but none of the actions appear to be related to piracy, TorrentFreak reports. [more..]

Richmond, Va. - Circuit City Stores, the troubled consumer electronics retailer, said that it has received a warning from the New York Stock Exchange (NYSE) that its stock has fallen out of compliance with market rules. [more..]

Sacramento, Calif. - Concert promoter and live venue owner Live Nation announced on Friday that it has donated $50,000 to the No on Prop. 8 campaign in California, which is fighting to defeat the ballot measure that would eliminate the right of same-sex couples to marry in the state. [more..]

Brussels - The Belgian government has banned video game rentals in the country, following complaints from industry trade group the Belgian Entertainment Association that rentals were cannibalizing sales, Kotaku reports. [more..]

Santa Clara, Calif. - Clearleap, a developer of video technology, announced on Friday that it has raised $3.3 million in venture debt from Silicon Valley Bank. [more..]

Paris - Awdio, a provider of live webcasting services for concert venues, has raised about $2 million in new financing, led by Ventech, TechCrunch reported. [more..]

London - European online music store Datz this week announced the launch of a new unlimited download service that provides DRM-free MP3 tracks for an annual fee of about $160. [more..]

New York - SpiralFrog, an ad-supported music download service, said this week that its catalog now includes more than 3 million tracks, four times the amount offered since its launch just over a year ago. [more..]

Chicago - Video game publisher Midway Games announced this week that it has named Matthew V. Booty as president and CEO of the company. [more..]