VentureBeat reports that Yahoo Inc. is launching a new advertising format called Yahoo! Stream Ads, which will run together with content on Yahoo’s news feed. . Read More

Reuters reports that Alibaba Group has purchased an 18 percent stake in Sina Weibo, a micro blogging service owned by Sina Corp., China's largest Internet portal and media website for about $586 million, valuing Weibo at more than $3 billion. Read More

The Wall Street Journal reports that Google Inc. has agreed to make small modifications to the appearance of its search engine to allay concerns that it is negatively affecting rivals. After months of talks with the EU, Google last week submitted a final deal of concessions that will be legally binding for a period of five years. Read More

DMW's LA Games Conference announces its agenda and speakers for the 7th Annual event that keeps raising the bar for what a high end executive event can be. The two-day event features 11 panels, 3 keynotes, 3 roundtables and 3 presentations as well as exhibits, demos and networking within the historic Hollywood Roosevelt Hotel. . Read More

VentureBeat reports that SiSense, Israeli-based business data analytics technology firm in Redwood City, has raised a $10 million in a round of funding led by Battery Ventures, along with participation from Opus Capital and Genesis Partners. . Read More

TechCrunch reports that MeetMe, the social discovery service is introducing in-feed advertising where ads are placed within the context of the application itself, where the user comes across the ads while scrolling. . Read More

Moovweb has raised $16million in a round of funding by Jafco Ventures and Trinity Ventures in its first institutional financing. There was also participation from existing investor Andy Bechtolsheim. Read More