VentureBeat reports that mobile game company Supercell is raising over $100 million at a valuation of $800 million, according to people with knowledge of the matter. The company's games Clash of Clans and Hay Day have generated revenues of about $1.4 million a day. Read More
Bloomberg reports that Ericsson is in talks to purchase Microsoft Corp.'s IPTV business, which makes software utilized by phone companies like AT&T Inc. to provide TV online, and the deal could be announced in a few years. . Read More
FOX Business reports that the Blackstone Group is open to keeping Dell Inc. founder Michael Dell as CEO of the company in the event that it wins a bidding war for the company, according to people having knowledge of the matter. . Read More
Bloomberg reports that Intel is said to be making headway in talks with Time Warner Inc., NBC Universal and Viacom Inc. to acquire TV series and films for a one-of-a-kind online pay-TV service, according to people having knowledge of the situation. Read More
Reuters reports that two of the most prominent U.S. investors could possibly upset Michael Dell's $24.4 billion buyout bid for Dell Inc, after billionaire Carl Icahn opened talks with Blackstone Group to take control of the company from its founder. . Read More
Hypebot reports that Wood Creek Capital Management, a division of MassMutual Financial Group has just purchased Concord Music, one of the largest independent label groups in the U.S. The terms of the transaction were not disclosed. . Read More
AllThingsD reports that Hulu’s corporate owners are being approached by probable buyers. Two years back, Hulu’s corporate owners had put the video site up for sale and then withdrew it. Read More