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DMW Daily, June 26, 2009

Top Stories
o Death of Michael Jackson Spikes News Traffic, Music Sales
o Senate Confirms Julius Genachowski as New FCC Chairman
o Apple Sued Over iTunes Gift Cards, Price Hike to $1.29 Songs
o Sirius XM Passing Music Royalty Rate Hike on to Subscribers
o Apple Increases Stake in U.K. Chipmaker Imagination
o Goojet Secures $8.4 Million for Mobile Social Networking Tools
o Internet Marketing Firm ClickFuel Lands $2.5 Million
o Grou.ps Raises $1 Million for Social Network Creation Platform
o Sense Networks Raises $6 Million for Targeted Advertising
Briefly Noted
o YouTube Ups Video Upload Size Limit From 1GB to 2GB
o Columbia Pictures Bringing "Uncharted" Video Game to Big Screen
o Canada's Zip.ca Movie Rental Service Adds Roxio CinemaNow
o EA Mobile Details Four Upcoming Movie Tie-in Games
 Top Stories
o Death of Michael Jackson Spikes News Traffic, Music Sales 
San Mateo, Calif. - As news spread about Michael Jackson's death on Thursday, fans and curiosity seekers inundated the Internet for information, slowing several major news sites to a crawl, according to website performance measurement firm Keynote Systems. [more..]
o Senate Confirms Julius Genachowski as New FCC Chairman 
Washington - Julius Genachowski late Thursday was unanimously confirmed by the Senate as the new chairman of the Federal Communications Commission (FCC), three months after his nomination by President Obama. [more..]
o Apple Sued Over iTunes Gift Cards, Price Hike to $1.29 Songs 
San Francisco - Apple has been sued for breach of contract and consumer fraud by two Illinois residents, who claim the company misled them by marketing its gift cards for the iTunes Store as redeemable for 99-cent songs, when in fact some songs now cost $1.29 each, CNET News.com reported. [more..]
o Sirius XM Passing Music Royalty Rate Hike on to Subscribers 
New York - Sirius XM plans to pass on higher royalty rates it has to pay to broadcast music to its subscribers in the U.S., in the form of a $1.98 per month fee increase for primary subscriptions and $0.97 per month fee for multi-receiver subscriptions, SiriusXMNews reported. [more..]
o Apple Increases Stake in U.K. Chipmaker Imagination 
Hertfordshire, England - Radio chipmaker Imagination Technologies Group has announced that Apple has nearly tripled its stake in the company, purchasing 2.2 million new shares for about $5.2 million. [more..]
o Goojet Secures $8.4 Million for Mobile Social Networking Tools 
Paris - Goojet, a provider of mobile social networking services, has raised $8.4 million in its second round of venture capital financing, led by new investor Orkos Capital. [more..]
o Internet Marketing Firm ClickFuel Lands $2.5 Million 
Boston - ClickFuel, a provider of Internet marketing services to small and mid-sized businesses, has raised $2.5 million in its first round of funding, led by Baird Venture Partners. [more..]
o Grou.ps Raises $1 Million for Social Network Creation Platform 
San Francisco - Grou.ps, the provider of a service that lets users create their own online social networks, has raised $1 million in the second tranche of its first round of funding from Golden Horn Ventures, VentureBeat reported. [more..]
o Sense Networks Raises $6 Million for Targeted Advertising 
New York - Sense Networks, a provider of targeted online advertising technology, has raised $6 million in new financing, led by Intel, VentureBeat reported. [more..]
 Briefly Noted
o YouTube Ups Video Upload Size Limit From 1GB to 2GB 
San Bruno, Calif. - Google's YouTube has increased the maximum size of video file that may be uploaded from 1GB to 2GB, keeping the maximum length of videos at 10 minutes, Mashable reported. [more..]
o Columbia Pictures Bringing "Uncharted" Video Game to Big Screen 
Los Angeles - Sony's Columbia Pictures has secured rights to develop a movie based n developer Naughty Dog's "Uncharted" video game, VentureBeat reported. [more..]
o Canada's Zip.ca Movie Rental Service Adds Roxio CinemaNow 
Novato, Calif. - Sonic Solutions said on Friday that it has partnered with Canadian online video rental service Zip.ca, to make its Roxio CinemaNow download service available to Zip.ca subscribers. [more..]
o EA Mobile Details Four Upcoming Movie Tie-in Games 
Redwood City, Calif. - EA Mobile, the mobile division of game developer Electronic Arts, said on Friday that it plans to launch four new movie-based titles later this year. [more..]