Music Sharing Service SoundCloud Raises $10 Million From Index, Union Square

Music start-ups have been a money incinerator for a long time, but that doesn’t stop investors from trying again. Here’s the latest example, which I first wrote about back in October.

Amazon Recruits Developers for Super-Slick Android Appstore

Amazon today released preliminary plans for its Android Appstore, which will likely do a better job of merchandising and selling apps than Google has. Think of it as the equivalent of iTunes for Android.

[UPDATED] The Next Deal in Online Gaming? Sources Say Angry Birds Publisher Chillingo Could Be Next in the Hand.

The online and mobile gaming sector has been a hotbed of deal activity over the the last year, from Playdom to Playfish to, most recently, Ngmoco. So what’s the next to go? Several sources said that U.K.-based Chillingo, arguably the hottest downloadable game publisher–mostly via apps for the Apple iPhone and iPad–is close to a sale to a bigger company. The likely acquirer: EA.

Zynga and SoftBank in an Online Games Joint Venture in Japan–And Officially Confirm $150 Million Investment

Online games phenom Zynga and Japanese Internet and telecom giant SoftBank announced a joint venture to develop and distribute social games across Japan. The new Tokyo-based service will be called Zynga Japan and is Zynga’s first foray into that country. The companies also said SoftBank had completed a $150 million investment in Zynga, which had been previously reported.
zynga

Broadcom Co-Founder: Up in Smoke