DMW Daily, March 30, 2009

 Top Stories
Beijing - Google on Monday launched a free, ad-supported music download service in China, with backing from the four major record labels, Reuters reported. [more..]
New York - Skype, the Internet telephone service unit of eBay, plans to launch an application that make its service available to users of Apple's iPhone tomorrow at a mobile industry trade show, and another in May that will enable its service for RIM's BlackBerry, Reuters reported. [more..]
Los Angeles - Disney and Google are in advanced talks on a deal that would see clips of ABC, ESPN and Disney programming on YouTube, while Disney is also considering a full-episode deal, PaidContent reported. [more..]
Hong Kong - Chinese online game operator Changyou.com, a unit being spun-off of Internet portal Sohu.com, plans to close the books on its $120 million initial public offering on the Nasdaq a day early, after seeing an eager response from investors, Reuters reported. [more..]
Tel Aviv, Israel - Elron Electronic Industries announced that it has signed a deal to sell its 3DV Systems motion sensing camera technology unit to an undisclosed company, although Microsoft has been rumored to be interested in the firm. [more..]
Durham, N.H. - Angel investments fell 26.2% in 2008 over the previous year's levels, though the number of deals fell only slightly, according to a new study by the Center for Venture Research at the University of New Hampshire.
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Oakland, Calif. - Livescribe, the developer of a "smart pen" that features an on-board computer, announced on Monday that it has closed on a $7.5 million second round of funding, led by Aeris Capital. [more..]
 Opinion & Analysis
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 Briefly Noted
Los Angeles - Forty percent of the videos uploaded to Facebook come from personal webcams, NewTeeVee reports. [more..]
Los Gatos, Calif. - Online DVD rental service Netflix has exacted a 20% price hike for now 10% of its subscribers who choose to receive their movies on Blu-ray rather than DVD, citing the need to purchase additional copies of more-costly Blu-ray titles. [more..]
London - U.K. digital music retailer 7digital on Monday announced a partnership with European streaming music service Spotify, that will see high-quality MP3 and FLAC downloads from 7digital made available for purchase on the service. [more..]
New York - CBS Radio announced on Monday that, beginning in May, it will insert live audio commercials voiced by known station personalities into its online and mobile radio feeds. [more..]
Los Angeles - Sweden-based file-sharing hub The Pirate Bay began offering the ability for users to add links to .torrent files to their Facebook profiles, TorrentFreak reported. [more..]