New York - Apple and Verizon have been in "high-level" talks for several months on developing an iPhone compatible with the carrier's CDMA wireless network, USA Today reported, citing "people familiar with the situation." [more..]

Palo Alto, Calif. - Facebook on Monday announced the release of new technology that will allow third-party developers to access Facebook data, which in turn will let users view their content streams and publish information to them from outside sites. [more..]

New York - Time Warner's Warner Bros. is preparing a possible bid for bankrupt video game publisher Midway Games, MCV reported, citing "reliable trade sources." [more..]

New York - Publisher Conde Nast announced on Monday that it will shutter its two-year-old Portfolio business magazine, citing "financial reasons at [parent company] Advance," the magazine's website reported, citing editor-in-chief Joanne Lipman. [more..]

McLean, Va. - Gannett's USA Today remained the nation's top-selling newspaper during the six-month period ending March 31, though its daily circulation mirrored a national trend by dropping more than 7%, according to new figures from the Audit Bureau of Circulation. [more..]

Boston - The Harvard Law professor defending an accused file-swapper, whose request to have the trial webcast live was denied by First Circuit Court of Appeals, has petitioned for an en banc review of that ruling before the entire court. [more..]

Taipei, Taiwan - Taiwan has enacted a new law that criminalizes the distribution of peer-to-peer file-sharing applications, and also provides that Internet service providers may restrict Internet access to subscribers who download copyrighted material more than twice, according to published reports. [more..]

Emeryville, Calif. - SeeqPod, the bankrupt streaming MP3 search engine currently being sued for copyright infringement by several major labels, went offline over the weekend but is reportedly close to announcing a buyout by "a large media company" that is "a competitor to Apple," according to MP3Newswire. [more..]

Los Angeles - Rapidshare, a free file-hosting service that has come under fire for hosting pre-release copyrighted material, has begun sharing personal information of its users in Germany with authorities there, resulting in at least one uploader's home being raided so far, TorrentFreak reported.
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Los Angeles - Entertainment and pop culture blog network Buzz Media laid off virtually all of those involved with its Idolator music blog, leaving founding editor Maura Johnston to operate the site "as a solo project of sorts," according to a post on Idolator.com from Johnston. [more..]

Tokyo - Japanese video game publisher Konami has decided not to publish "Six Days in Fallujah," after hearing complaints from "bereaved families of soldiers, retried groups and citizens' groups in the U.S. and Europe," the Asahi Shimbun reported. [more..]

Arlington, Va. - The struggling economy took a significant toll on venture capital performance for the period ending Dec. 31, according to new figures from Thomson Reuters and the National Venture Capital Association (NVCA). [more..]

New York - Jodange, the developer of a platform that "extracts opinions from any online content in order to understand sentiment," has raised $1.2 million in first round financing, led by Big Red Ventrues. [more..]

Los Angeles - News Corp.'s MySpace, which just named former Facebook CFO and Project Playlist head Owen Van Natta as its new CEO, on Monday also named Michael Jones as chief operating officer and Jason Hirschhorn as chief product officer. [more..]

Los Angeles - Universal Pictures has halted pre-production on its planned movie adaptation of Take-Two Interactive's "BioShock" video game, Variety reported. [more..]

San Francisco - News Corp.'s Photobucket image-hosting site on Monday announced the 12 users whose photos were selected for inclusion in the Official Barack Obama 2009 Presidential Inaugural Book. [more..]

Los Angeles - Nielsen Business Media said on Monday that it has signed a deal with China's State Administration of Radio, Television and Film (SARFT) to distribute its content with the state-run entertainment trade publication Zong Yi. [more..]

San Francisco - Hi5, an online social network with over 60 million monthly worldwide unique users, has named Bill Gossman as its new CEO, replacing founding CEO Ramu Yalamanchi, who will become chief product officer. [more..]

Boulder, Colo. - Video game developer and publisher Realtime Worlds announced on Monday that it has named Gary Dale as its new chief executive. [more..]