Palo Alto, Calif. - According to internal documents obtained from the company by a hacker and published by TechCrunch, Twitter projected $140 million in revenue by the end of 2010, and expected its first revenue of $400,000 in the third quarter of this year. [more..]

London - Two-thirds of U.K. teenagers still prefer buying CDs to song downloads, a feeling expressed by 73% of all U.K. music fans, according to a survey conducted by The Leading Question and Music Ally. [more..]

New York - Satirical newspaper The Onion is in talks to sell itself to a "large media company," Gawker reported, citing an anonymous source. [more..]

Stockholm, Sweden - Global Gaming Factory (GGF), the Swedish firm that is acquiring file-sharing hub The Pirate Bay for $7.8 million, has tapped former Grokster CEO Wayne Rosso to help establish a new, legal version of the service, TorrentFreak reported. [more..]

Santa Clara, Calif. - Macrovision, the digital entertainment technology company, on Thursday officially changed its name to Rovi, and began trading under the symbol "ROVI" on the Nasdaq Global Select Market. [more..]

New York - The CEO of business news site Forbes.com, Jim Spanfeller, is resigning to start a new company that will "manage startups and turnaround businesses for traditional media companies," PaidContent reported. [more..]

Austin, Texas - Invodo, the provider of a Web library of over 20,000 product videos, has raised $6 million in its second round of venture capital financing, from Sevin Rosen and S3 Ventures. [more..]

Paris - Viadeo, a business-focused social network based in France, has raised $5 million in new funding from AGF, Ventech and other investors, TechCrunch reported. [more..]

Palo Alto, Calif. - Aloqa, a developer of "context-aware" mobile alert services, announced on Thursday that it has closed a $1.5 million first round of financing, from Wellington Partners and individual angel investors. [more..]

San Francisco - Clickthrough, a provider of interactive audience measurement for video encoding and analytics, announced on Thursday that it has secured $1 million in new financing. [more..]

San Francisco - Facebook is seeking alpha testers for its upcoming virtual currency platform, CNET News.com reported. The company has long been rumored to be developing a virtual currency that could be used as barter among its users, and by developers of Facebook applications. [more..]

Santa Clara, Calif. - PlaySpan, a provider of micropayment transaction services for more than 1,000 virtual worlds and online games, plans to launch marketplaces on social networks Facebook and MySpace. [more..]