Washington - The Securities and Exchange Commission (SEC) is reportedly investigating whether Apple misled investors with its disclosures about CEO Steve Jobs' faltering health, according to Bloomberg, which cited "a person familiar with the matter." [more..]

Washington - The U.S. Supreme Court on Wednesday declined to hear an appeal of a ruling that struck down as unconstitutional the Child Online Protection Act (COPA), which was designed to protect children from sexual and other harmful content on the Internet. [more..]

San Antonio, Texas - Radio giant Clear Channel announced on Tuesday that it will lay off 1,850 employees, or about 9% of its total work force, with CEO Mark Mays telling staff in an email that the company is in an "unprecedented time of distress," the Associated Press reported. [more..]

Los Angeles - Time Warner's Warner Bros. studio is laying off nearly 800 of its employees, or 10% of its total staff, according to an internal memo posted by Deadline Hollywood Daily. [more..]

Cambridge, Mass. - President Barack Obama's inauguration yesterday set a record for simultaneous video streams, peaking at 7.7 million, according to data from content delivery network Akamai Technologies. [more..]

Mountain View, Calif. - As part of a wider cost-cutting initiative, Google has decided to shutter its two-year-old program that sold ads in print newspapers via an online marketplace. [more..]

Boston - A federal judge has postponed what would have been the first proceedings in the recording industry's lawsuit campaign against file-swappers to have been streamed live online, agreeing to allow the 1st Circuit Court of Appeals to hear objections from the Recording Industry Association of America (RIAA). [more..]

New York - Investors pumped more than $594 million into virtual worlds and related companies in 2008, down from over $1.4 billion in 2007, according to a report from market research firm Virtual Worlds Management. [more..]

Framingham, Mass. - Bose Corp., the maker of audio entertainment equipment, plans to cut about 1,000 jobs, or 10% of its total workforce, according to published reports. [more..]

San Francisco - Video game publisher Sega has confirmed that it has laid off 30 employees from its Sega of America headquarters in San Francisco. [more..]

San Francisco - Linden Lab, developer of the "Second Life" virtual world, announced on Wednesday that it has acquired two Web-based marketplaces for virtual goods, Xstreet SL and OnRez. [more..]

San Francisco - OneSeason.com, the developer of a virtual goods marketplace and social gaming platform for sports enthusiasts, said on Wednesday that it has raised $3.5 million in its first round of funding, led by Charles River Ventures. [more..]

Los Angeles - NonStop Riot, a music branding agency, announced on Wednesday that it has secured an undisclosed sum of second round funding from North Venture Partners. [more..]

Dulles, Va. - GeoEye, a provider of satellite, aerial and geospatial information to the national security community, has released a satellite image of Monday's inauguration of President Barack Obama, as seen from 424 miles in space. [more..]

Washington - The Newseum news museum in Washington on Wednesday posted more than 700 front pages from newspapers around the world that covered the inauguration of President Barack Obama. [more..]

London - Microsoft has launched a new mobile music store in the U.K., offering a library of 1 million full-track downloads, 10,000 music videos and 25,000 ringtones, Music Ally reports. [more..]