Los Angeles - LiveUniverse, the online entertainment network led by Brad Greenspan, the founder of original MySpace parent company Intermix Media, has acquired free personal home page creation service Pageflakes for an undisclosed sum, TechCrunch reports.

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

The week started with a bang on news that Yahoo Inc’s (NSDQ: YHOO) board rejected Microsoft Corp.’s (NSDQ: MSFT) unsolicited $44.6 billion offer for the company.

Los Angeles - Confirming earlier rumors, video-sharing site Revver has been acquired by LiveUniverse, a company launched by former MySpace parent company Intermix Media's founder Brad Greenspan, according to reports from NewTeeVee and CNET News.com. While terms of the acquisition were not disclosed, News.com reported earlier this month that the struggling Revver -- which had seen the departure of all of its founders, and its staff cut in half -- was asking for only $300,000 to $500,000, plus the assumption of about $1 million in debt.

San Francisco - Video-sharing site Revver, which has raised a total of $12.7 million in financing to date, is now reportedly seek a sale of the company with an asking price of just $300,000 to $500,000, plus assumption of about $1 million in debt, CNET News.com reported, citing two sources with knowledge of the negotiations. Former employees told CNET the company's staff has been more than halved over the last 18 months.