DMW Daily, December 17, 2008

 Top Stories
Cupertino, Calif. - Apple announced yesterday that this year will be the last it exhibits at Macworld Expo, the annual trade show that has become the event where CEO Steve Jobs unveils the company's latest creations. [more..]
New York - Contrary to widespread reports that surfaced earlier this month, former AOL head Jonathan Miller is not trying to acquire Yahoo and isn't a candidate to replace departed CEO Jerry Yang, Bloomberg reported, citing people familiar with the matter. [more..]
New York - New York Gov. David Paterson has proposed levying a new batch of taxes on digitally delivered entertainment services, such as music and video downloaded from iTunes, and e-books purchased for Amazon's Kindle device, The New York Daily News reported. [more..]
London - Major record label EMI Music on Wednesday launched its own digital music service at EMI.com, offering artist bios and photos, streaming songs and music videos on-demand, playlist creation and music recommendations. [more..]
New York - Anurag Dikshit, a founder and former officer and director of PartyGaming, an Internet gambling business, has pled guilty in Manhattan federal court to charges that he used the wires to transmit in interstate and foreign commerce bets and wagering information. [more..]
Los Angeles - The Securities and Exchange Commission (SEC) has charged comedy purveyor National Lampoon, its CEO and other parties with "engaging in three separate fraudulent schemes to manipulate the market for publicly traded securities through the payment of prearranged kickbacks." [more..]
Redmond, Wash. - Nintendo of America announced on Wednesday that it has settled its patent and trademark infringement lawsuit against accessories maker Nyko Technologies, over the company's "Nunchuk" controller for the Wii console. [more..]
Arlington, Va. - The coming year will most likely be a difficult one for U.S. venture capitalists, who predict a slowdown in investing across most sectors and a continued weakened exit market, according to a new survey by the National Venture Capital Association (NVCA). [more..]
San Francisco - Online social network Tagged.com said on Wednesday that it has raised $5 million in venture debt, led by Horizon Technology Finance and Leader Ventures. [more..]
Waltham, Mass. - GameLogic, a developer of casino games based on online games, has raised $3 million of debt financing from Velocity Financial Group. [more..]
 Opinion & Analysis
n/a
Jay Baage: Is it smart to give Apple's biggest fans gathered at MacWorld the cold shoulder? Aside from raising more questions about his long-term health, this move further removes Steve Jobs from the public eye. [more..]
 Briefly Noted
Sunnyvale, Calif. - Yahoo on Wednesday said that that it will begin anonymizing user log data within 90 days, with limited exceptions for fraud, security and legal obligations. [more..]
San Francisco - Reid Hoffman, the founder of business-focused online social network LinkedIn, will reassume the position of chief executive, replacing Dan Nye, the former executive at Intuit who was appointed to the position in early 2007, TechCrunch reported. [more..]
Burbank, Calif. - Time Warner's Warner Bros. said on Wednesday that its "The Dark Knight" sold a record 1.7 million units on Blu-ray in one week, and is set to become the best-selling 2008 title overall this week. [more..]
London - U.K. digital music retailer 7digital announced that it has partnered with TrialPlay to allow consumers to download 15 free songs from its catalog by completing an advertiser's offer. [more..]
London - Dada Entertainment, a digital distributor of music and other content, has partnered with Tailgate Technologies, a provider of e-commerce technology that enables transactions directly within online banner advertisements, to sell songs and ringtones from banner ads served on MOG.com, ClickZ reported. [more..]