New York - DivX (NASD: DIVX), a developer of video compression technology, has filed suit against Yahoo (NASD: YHOO) alleging breach of an advertising deal between the companies, Reuters reported.

San Diego - DivX, a developer of video compression technology and provider of video distribution services, announced on Monday that it will shut down Stage6.com, a service that let users upload and store videos encoded in its DivX format. Video already uploaded to the site will be available for viewing and download through Feb. 28. The company said the move allows it to focus on its DivX licensing business while also continuing to power distribution of DivX content on third-party sites.

San Diego - DivX (NASD: DIVX), a developer of video compression technology and distribution services, announced on Tuesday that the PlayStation 3 now supports the DivX video format, with the upgrade to PS3 system software Version 2.10 released today by Sony. The PlayStation 3 is the first gaming system to officially support DivX video playback.

San Diego - DivX (NASD: DIVX), a developer of video compression technology, announced that it has acquired MainConcept, a Germany-based provider of H.264 and other video technologies for the broadcast, film, consumer electronics and computer software markets, for $22 million in cash and stock.

San Diego - DivX (NASD: DIVX), a developer of video compression technology, announced on Tuesday that Sony Computer Entertainment will integrate its technology into the PlayStation 3 video game console. The move will allow PlayStation 3 users to view DivX-encoded content through the PS3, and also enable game developers to utilize the technology. The DivX software will be added to new consoles, as well as made available to current PS3 owners through a separate system software update.

Fremont, Calif. - Mobile video delivery firm Nexage said on Thursday that it will power a new mobile video service from DivX, a developer of video compression technology and operator of a video-sharing service. The new mobile video service features content from DivX's own Stage6 video-sharing service, as well as from Google Video and Somagirls.tv.

San Diego - DivX, a developer of video compression and video distribution technologies, announced on Friday that it has filed a preemptive lawsuit against Universal Music Group, asking a judge to declare that the label's claims of copyright infringement against its Stage6 video-sharing site are without merit.

Berlin - DivX, a developer of video compression technology, said on Friday that it has partnered with Accedo Broadband, and will feature the company's TV gaming services on its home networking platform. DivX Connected lets consumers access media content and services from the PC and Internet through a range of consumers electronics devices, the first of which are expected to begin selling in the fourth quarter. Accedo's Funspot service offers a range of casual games for online consumer electronics and IPTV.

San Diego - DivX, a developer of video compression and distribution technologies, announced on Thursday that it has acquired the assets of Veatros, a provider of real-time digital video processing that was spun out of the University of Kansas' Information and Telecommunication Technology Center.

San Diego - DivX, a developer of video compression technology and related services, announced on Tuesday that it plans to spin-off its Stage6 video-sharing site into a separate company.

Hollywood, Calif. - Online art and photo-sharing community deviantART has raised $3.5 million in its first round of financing, PEHub.com reported, citing a regulatory filing.

Digital Chocolate, Inc., a publisher original software for mobile phones, today announced a series of executive management appointments.  Ilkka Paananen has been promoted to president of studios to lead Digital Chocolate’s global product development. Ilkka, who has served as Digital Chocolate’s European managing director since 2004, will now be responsible for the worldwide production of all company products across its multiple, international Studio hubs. Gary Schofield has been promoted to president of networks. In this role, Gary will drive all facets of the company’s global revenue and operations, as well as lead the marketing, sales and business development organizations worldwide. Jason Loia has been named chief operating officer reporting to Gary and will be responsible for worldwide operations, including porting the company’s software across multiple platforms, carriers and handsets.
http://www.digitalchocolate.com

San Francisco - CNET News.com reported on Thursday that sources say both Microsoft and video compression developer DivX have recently met with video-sharing site Revver, with eyes toward possibly acquiring the company.