| | Palo Alto, Calif. - Facebook has raised $500 million in new financing from Goldman Sachs and previous backer, Russia's Digital Sky Technologies, in a deal that values the company at $50 billion, The New York Times reported, citing people involved in the transaction. [more..] New York - Google is in talks with publishers to create a digital newsstand that would offer magazines and newspapers for mobile devices running its Android operating system, The Wall Street Journal reported. [more..] San Francisco - Toshiba plans to introduce a tablet computer in the first half of 2011 to compete with Apple's iPad and a growing stable of similar devices, Reuters reported. [more..] Cupertino, Calif. - Apple and Sony Pictures Home Entertainment are testing new "special features" on movies available for download from the iTunes Store, which are not available on DVD or other digital platforms, PaidContent reports. [more..] San Francisco - BitTorrent, the company created by the designers of the file-sharing software, announced on Monday that it now counts over 100 million worldwide monthly users of its applications. [more..] New York - AdKeeper, a start-up offering technology that lets Web surfers bookmark online ads, has raised $35 million in its second round of venture capital financing, led by Oak Investment Partners. [more..] San Francisco - Lookout Mobile Security, a developer of cloud-based smartphone security services, said it has raised $19.5 million in its third round of funding, led by Index Ventures. [more..] New York - Online ad targeting firm [x+1] announced on Monday that it has closed a $10 million second round of funding, led by Intel Capital. [more..] Belmont, Mass. - CQuotient, a data analytics start-up founded last July, has raised $3 million in venture capital, according to a new filing by the company with the Securities and Exchange Commission. [more..] Technology Council of Southern California: Digital Media Society Event - January 12, 2011 - Los Angeles, CA Content World Turned Upside Down: Can Traditional Media Adapt? To register: www.tcosc.org. January 12, 2011 from 6-9pm Sheraton 4 Points, Culver City, CA: Dinner Included Panelists: Richard Berger, SVP Global Digital Strategy: SONY; Scott Brovsky: Director Global Marketing: DISNEY Interactive; Eric Garland: CEO Big Champagne; Richard Neff, Neff Law Firm. Moderator: Ned Sherman: CEO: DigitalMediaWire. Traditional media is under assault by disruptive business models. From GoogleTV to iTunes and YouTube to the rise of social networks to e-book readers to cloud computing and free software, the worlds of newspapers, books, music, games, film, television and even software have seen revenues plummet. Can they survive and thrive? Register TODAY! | | Irvine, Calif. - Vizio, a maker of low-cost LCD HDTVs, announced on Monday that it plans to expand into the mobile market with the release of a smartphone and tablet computer. [more..] Alexandria, Va. - The National Center for Missing & Exploited Children said on Monday it plans to expand its AMBER Alert program to social network Facebook later this month. [more..] New York - Bookseller Barnes & Noble said on Monday that the company saw its largest retail sales day in its nearly 40-year history on Dec. 23, and that comparable store sales were 9.7% for the nine-week period ending Jan. 1, 2011. [more..] Los Angeles - Electronics maker Samsung has sold 10 million of its Galaxy S smartphones since introducing the device in June, Bloomberg reports. [more..] Kirkland, Wash. - Craig McCaw, the telecom pioneer who helped build wireless companies Nextel and XO Communications, has resigned as the chairman of Clearwire, the wireless company he founded in 2003, according to an SEC filing. [more..] | | 11th Annual Digital Music Forum - February 24, 2011 - New York City, NY We are pleased to announce the addition of Dermot McCormack, EVP of Digital Media, MTV Networks Music & Logo Group as a keynoter for the event. McCormack will speak on the topic of "More Than Music Videos: Why todays music fan wants a 360 curated music experience that includes a diversity of music content and digital products". We are currently offering sponsor/exhibit opportunities. Please contact Event Director Jay Baage via email jay@digitalmediawire.com for more information. To submit a speaker, please click here. Don't miss the chance to register at the special New Year rate - ends on Jan 5! Register Now! Extras | | |