The Wall Street Journal reports that Apple Inc. has signed a licensing deal with Warner Music Group for the rights to its recorded music and music publishing, consenting to terms on the publishing side that other big music publishers have been trying to get, according to people familiar with the matter. According to the deal, Apple will offer Warner Music Group's publishing group 10% of ad revenue, which is double what Pandora Media Inc. gives to major music publishers. . Read More

The Wall Street Journal reports that Roku has raised an additional $60 million in funding, bringing its total raised to $140 million. The funding will be used to expand its software and services to TVs and related devices. Investors in the round include two previous investors - British Sky Broadcasting and News Corp - and some new participants - Hearst and what Roku describes as “one of the world’s largest institutional investors.”. Read More

WSJ reports that Electronic Arts Inc. fresh from announcing it reduced 10% of its staff so as to decrease costs, is buying a new Los Angeles studio for its Stockholm-based DICE game developer with the objective of grabbing talent from competitors like Activision Blizzard Inc. The DICE unit, acquired by EA during the last decade, will be a key cog in the development of a new series of Star Wars videogames. . Read More

The Wall Street Journal reports that Grotech Ventures has announced $225 million in committed funds from existing and new investors for its eighth fund, Grotech Ventures II ("GV II"). . Read More

The Wall Street Journal reports that Amazon.com Inc. is extending beyond its selection of Kindle devices and is developing a wide-range of gadgets, which includes two smartphones and an audio-only streaming device. One of the devices is a high-end smartphone having a screen that permits for 3D images without glasses, people familiar with the company's plans said. . Read More

The Wall Street Journal reports that the Pentagon has accused the Chinese government of targeting the U.S. government computer systems for attack in a new report. . Read More

The Wall Street Journal reports that Yahoo has decided not to buy DailyMotion, after the company signed a provisional deal to buy a stake of the online-video website from France Télécom. . Read More