Los Angeles - Sling Media, the developer of media "place-shifting" technology acquired a year ago by EchoStar for a reported $380 million, on Monday saw the departure of its two co-founders and a good portion of its top management, PaidContent reports. [more..]

Richmond, Va. - Two months after filing for Chapter 11 bankruptcy protection, consumer electronics retailer Circuit City Stores revealed that it is in "significant" talks with two "highly motivated and interested parties." [more..]

New York - CBS Interactive announced on Monday that it has signed deals with MGM, Showtime, Sony Pictures Television, PBS and Endemol USA to expand the range of TV episodes available for free streaming on its TV.com website. [more..]

Redmond, Wash. - Microsoft does not plan to introduce a successor to its Xbox 360 video game console for some time, citing both the lag between console and TV technology, and the slumping economy, Bloomberg reported. [more..]

Los Angeles - A new bill in the House sponsored by a pair of bipartisan lawmakers would affix cigarette-type warning labels to video games with a "Teen" rating or higher, GamePolitics reported, citing the San Bernardino Sun. [more..]

Washington - With the full backing of Congressional leaders on both sides of the aisle, Google's online video site YouTube has launched two new channels featuring videos, clips of speeches, committee hearings and behind-the-scenes footage from elected officials on Capitol Hill. [more..]

New York - Hoping to broaden the reach of its digital publishing business, AOL on Monday announced the launch of a new business unit called MediaGlow, which the company said will help it "dramatically expand" its programming efforts. [more..]

Beijing - Following through with a campaign launched earlier this month to "clean up a vulgar current on the Internet," the Chinese government has shut down 91 websites, citing their display of pornography, vulgarity and other offensive content, Reuters reported, citing the state-run China.com.cn. [more..]

Denver - NewsGator Technologies, a provider of social networking and widget services, as well as RSS feed aggregators, announced on Monday that it has closed a new $10 million round of funding. [more..]

Santa Monica, Calif. - Deca.tv, a producer and distributor of online video programming, has raised a $10 million second round of funding, PEHub.com reported, citing a regulatory filing. [more..]

New York - Yodle, a provider of local online advertising services for small businesses, announced on Monday that it has landed $10 million in third round financing, led by JAFCO Ventures. [more..]

Boston - GlobalPost, an online media company focused on foreign news, launched on Monday with $8.2 million in backing. [more..]

Los Angeles - SocialVibe, a service that lets users support causes through brand "sponsorships" on their social media profiles, has raised $8 million in its second round of venture capital financing, led by JAFCO Ventures. [more..]

Montreal - Airborne Mobile announced on Monday that it has raised about $1.64 million in new funding from iNovia Capital for its mobile content development business. [more..]

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Las Vegas – What is the next big thing at CES 2009? To me, the answer is clear: 3D Entertainment, blogs Jay Baage. [more..]

Los Angeles - Tapulous, the mobile application developer responsible for the popular "Tap Tap Revenge" music-based game for the iPhone and iPod touch, has raised an additional $1 million in funding, and says that 5 million users have now installed the game, TechCrunch reported. [more..]

Santa Monica, Calif. - The creator of "Evolution of Dance," the most-watched viral video on YouTube with more than 109 million views to date, on Monday launched a sequel to the video. [more..]

Las Vegas - Last week, Disney and Washburn Guitars announced plans to introduce a music video game similar to the popular "Guitar Hero" and "Rock Band," except the Disney game will see users playing actual guitars instead of plastic controller versions, Wired.com reported. [more..]

Berlin - Germany's Musicload digital music service, a unit of Deutsche Telekom, is slated to make more than 95% of its 6.5-million track catalog DRM-free in April, Billboard reports. [more..]

New York - Arbitron, the media and marketing research firm, on Monday named Michael Skarzynski as its president and CEO. [more..]

New York - Linkstorm, a developer of online advertising technology, on Monday named media veteran Ari Brandt as its new CEO, replacing company founder David Sidman. [more..]