Washington - With their merger possibly on the brink of completion, XM Satellite Radio (NASD: XMSR) and Sirius Satellite Radio (NASD: SIRI) both announced on Tuesday that they would both postpone their annual meetings. The two companies continue to await a decision on the deal by the Federal Communications Commission (FCC).

Washington - The Justice Department is investigating whether an advertising tie-up between Yahoo (NASD: YHOO) and Google (NASD: GOOG) violates antitrust laws, Reuters reported. Under a two-week test, scheduled to end this week, Yahoo is using Google's online ad system to provide relevant ads alongside its search results.

Fort Mill, S.C. - Muzak and DMX, two providers of business music and media services, announced on Tuesday that they have received word that Justice Department's antitrust division has approved their proposal to merge and sell the combined company to a third party.

Washington - The U.S. Justice Department on Monday approved Sirius Satellite Radio's (NASD: SIRI) $5 billion purchase of rival XM Satellite Radio (NASD: XMSR), a deal announced more than a year ago that has been held up by regulators who said today that the combined company is not likely to harm competition or consumers. The proposed transaction still needs approval from the Federal Communications Commission (FCC); shareholders of both companies approved the deal in November.

Brussels - The European Union has launched an investigation into U.S. treatment of overseas online gambling operations, with an eye towards possibly launching proceedings against the U.S. at the World Trade Organization, Reuters reported. Several European online gaming services filed complaints with the EU in December, saying that the U.S. is singling out foreign companies for prosecution, while allowing domestic online gambling on horse racing.

Washington - Still awaiting approvals from the Justice Department and Federal Communications Commission, D.C.-based XM Satellite Radio (NASD: XMSR) and New York-based rival Sirius (NASD: SIRI) said on Friday that they have extended their merger deadline until May 1. Both companies have expressed optimism about receiving the necessary regulatory approvals, although some analysts have expressed concerned about the delays in recent weeks.

Brussels - Financial news and information publisher Thomson (NYSE: TOC) has won conditional approval from the European Commission to acquire international news agency Reuters (NASD: RTRSY), agreeing to divest certain businesses that include databases with financial information products before the deal proceeds.

Washington - The U.S. Justice Dept. has approved the buyout of radio giant Clear Channel Communications (NYSE: CCU) by private equity firms Bain Capital and Thomas H. Lee Partners, provided the company divest radio stations in Cincinnati, Houston, Las Vegas and San Francisco.

San Francisco - The U.S. Department of Justice has served major record labels Universal Music and Sony BMG (NYSE: SNE) with notices that seek information on Total Music, a project the majors are jointly working on that would purportedly offer a $5 per month subscription to their catalogs via mobile phones, digital music players and other platforms, Wired.com reported, citing the Music Ally newsletter.

Washington - Following months of conjecture and anticipation, federal regulators could be on the verge of approving XM Satellite Radio's (NASD: XMSR) merger with rival Sirius (NASD: SIRI), according to a published report. Briefing.com on Wednesday cited an unnamed source in reporting that the merger "could receive approval from DOJ and FCC tonight."

Santa Clara, Calif. - Macrovision (NASD: MVSN), a provider of anti-piracy technology and informational databases on various media, said on Tuesday that its proposed $2.8 billion acquisition of interactive program guide company Gemstar-TV Guide (NASD: GMST) has passed antitrust reviews by the Federal Trade Commission and Department of Justice.

Washington - The Federal Communications Commission (FCC) will approve a $19.5 billion deal that will see Clear Channel Communications (NYSE: CCU), the nation's largest radio broadcaster, become a privately-held company, the Associated Press reported. Clear Channel shareholders have already approved the deal, under which a group led by private equity firms Thomas H. Lee Partners and Bain Capital Partners will offer $39.20 a share, a premium of about 10% on the company's current share price.

St. Louis - Microsoft (NASD: MSFT), Google (NASD: GOOG) and Yahoo (NASD: YHOO) have paid a combined total of $31.5 million to settle claims brought by the Justice Department that the companies promoted illegal gambling by serving online ads for the operations between 1997-2007.

San Francisco - The U.S. Justice Department has filed a legal brief defending the copyright law that enabled an award of $220,000 in damages to the major record labels, in a copyright infringement case they brought against Jammie Thomas, a Minnesota woman who was found by a jury to have shared 24 songs on a file-sharing network, CNET News.com reports.

New York - Satellite radio firms Sirius and XM announced on Thursday that both companies will hold special shareholder meetings on Tuesday, Nov. 13 to vote on their proposed multi-billion dollar merger.

Atlantic City, N.J. - Filters already exist to screen minors and compulsive gamblers from online casinos, so the U.S. ban on Internet gambling stifles business and is unconstitutional, a gaming industry trade group that it suing to have the Unlawful Internet Gambling Enforcement Act overturned argued in federal court on Wednesday, the Associated Press reported.

New York - Neteller, a provider of online payment processing for about 85% of all gambling sites that was targeted by U.S. authorities for violating the country's online gambling ban, has agreed to forfeit $136 million as part of a plea deal with the U.S. Justice Dept., The Wall Street Journal reported.

Washington - Saying the deal "would cause substantial harm to competition and consumers," Sen. Herb Kohl (D-Wisc.), chairman of the Senate's antitrust subcommittee, has urged the Federal Communications Commission (FCC) and Justice Department to block Sirius Satellite Radio's proposed $4 billion acquisition of rival XM.

Washington - Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, on Thursday introduced legislation intended to repeal the Unlawful Internet Gambling Enforcement Act, which outlawed most forms of Internet gambling in the U.S.

Washington - At a hearing on Capitol Hill on Tuesday, Sirius CEO Mel Karmazin reiterated that his company's proposed merger with XM Satellite Radio will result in lower prices and more options for customers.