Seattle - Amazon.com on Monday introduced the second-generation version of its Kindle e-book reader device, which features a slimmer design, 25% longer battery life, more storage, crisper images and a new text-to-speech "Read-To-Me" feature. [more..]

New York - Retailers may soon run out of the digital TV adapters consumers with analog televisions will need after the national transition to digital broadcasting on June 12, the Associated Press reported. [more..]

Herndon, Va. - Ruckus, a provider of ad-supported online music streaming services on college campuses, has been shuttered by owner TotalMusic, which itself appears to be closing. [more..]

Washington - SoundExchange, the entity set up by the major labels to collect and distribute digital music royalties, has proposed a new settlement offer to smaller webcasters in advance of a Feb. 15 deadline under last year's Webcaster Settlement Act, Billboard reported. [more..]

New York - Microsoft plans to sell applications and services for mobile phones and other devices running its Windows Mobile software from an "online bazaar," the Wall Street Journal reported. [more..]

Washington - As President Obama continues to sell his economic stimulus package, the Democratic National Committee (DNC) -- chaired by Virginia Governor Tim Kaine -- is taking a page from his tech-savvy campaign by asking supporters to provide stories to a special website about how the difficult economy has affected their lives. [more..]

San Jose, Calif. - Meg Whitman, the former president and CEO of eBay, on Monday took the initial steps in her possible run for governor of California. [more..]

London - People's Music Store, a service that lets music fans create and operate their own digital music stores, has secured an undisclosed sum of seed funding from entrepreneur Paul Higgins. [more..]

London - Dr. Karlheinz Brandenburg, credited as co-inventor of the MP3 digital audio format, has invested an undisclosed sum in German music start-up Audiomagnet, Music Ally reports. [more..]

Austin, Texas - OneSpot, a provider of Web content aggregation services for publishers, announced on Monday that it has closed a $4.2 million round of funding, led by Silver Creek Ventures. [more..]

Brooklyn, N.Y. - WhistleBox, a developer of user-generated video communities for websites, has raised $2.3 million in its first round of venture capital financing, PEHub.com reported, citing a regulatory filing. [more..]

San Francisco - Major League Baseball has added enhanced video and user-selected replays to the streaming video offering at its MLB.TV site, The New York Times reported. [more..]

Los Angeles - News Corp.'s MySpace has launched a new feature that lets advertisers place overlay ads on top of music videos, TechCrunch reported. [more..]

Los Angeles - News Corp.'s Fox Sports has signed a multi-year extension to its deal to serve as the exclusive sports provider on Microsoft's MSN, PaidContent reported. [more..]

Tokyo - Video game developer Sega on Monday announced a deal with International Sports Media to once again serve as the exclusive official game publisher for the 2010 Olympic Winter Games in Vancouver, Canada. [more..]

London - Video game publisher Eidos has sold back the rights to casual games studio Gimmie5games, which it acquired back in 2007, GamesIndustry.biz reported. The newly independent studio will continue to develop online and casual games. [more..]