DMW Daily, March 17, 2009Port Washington, N.Y. - While 17 million fewer U.S. consumers purchased CDs in
2008 compared to the prior year, the number paying for digital music was up by
8 million, to 36 million Internet users, according to a report from market
research firm NPD Group.
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Cupertino,
Calif. - Apple on Tuesday provided
a sneak-peek at the upgrades coming this summer in the iPhone 3.0 software
release, which will bring long-desired features like copy-and-paste of text,
MMS multimedia messaging, and a search function that works across all
applications.
[more..]
Espoo, Finland - Nokia announced on
Tuesday that it will cut 1,700 jobs worldwide in the coming months, in a bid to
"increase cost-efficiency and adapt to the market situation."
[more..]
Silver Spring,
Md. - Discovery Communications,
the owner of cable TV networks including Discovery Channel and Animal Planet,
announced on Tuesday that it has filed a patent infringement suit against
Amazon.com over its Kindle e-book reader device.
[more..]
San Mateo, Calif.
- Gazillion Entertainment, a new multiplayer game publisher with venture
capital backing, announced on Tuesday that it has signed a multi-year agreement
with Marvel Enterprises, to develop massively multiplayer online games based on
comic superheroes like Iron Man, Wolverine and Captain America.
[more..]
Mountain View,
Calif. - Y Combinator, a provider
of seed funding for start-up companies, announced on Tuesday that it has raised
$2 million in new funding from Sequoia Capital and angel investors, and will
increase the number of companies it funds annually from 40 to 60.
[more..]
San Mateo,
Calif. - Apture, a developer of
technology that enhances user communication for publishers and bloggers through
in-text media links, announced on Tuesday that it has raised $4.1 million in
its first round of funding, led by Clearstone Venture Partners.
[more..]
Vancouver,
Canada -
TeamPages, an online social network for student and amateur sports, announced
on Tuesday that it has raised an undisclosed amount of second round funding,
from investors including Burda Digital Ventures, W Media Ventures, and local
angel investors including former Class Software Solutions CEO Ralph Turfus.
[more..]
n/a
Seattle - News Corp.'s Fox Atomic has struck a deal to turn
Zombie Studios' original futuristic military action epic "Blacklight"
into a feature film, comic book series and video game.
[more..]
Austin, Texas - Social entertainment firm Conduit
Labs on Tuesday announced the launch of Loudcrowd, a new community site for
music fans that includes a range of music-themed online games.
[more..]
London - U.K. digital
music retailer 7digital said on Tuesday that it has integrated its service with
the Songbird open-source desktop music player.
[more..]
Kirkland,
Wash. - 1Cast, a video
distribution service that offers up-to-the-minute news video to subscribers'
smartphones and the Web, said on Tuesday that CNBC, The Wall Street Journal
Digital Network, Reuters and AFP are among partners distributing content on its
service.
[more..]
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