Code Advisors Takes a $25 Million Investment From J.P. Morgan

Big and little investment banks join hands to take on Silicon Valley better.
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Silver Lake Grabs Large Minority Stake of WME to Push Digital Initiatives

Hollywood meets Silicon Valley. Again.
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SurveyMonkey Buys Online Forms Start-Up Wufoo for $35 Million

SurveyMonkey, the quiet but profitable and fast-growing Web survey company, is buying online forms start-up Wufoo. While the terms of the transaction for the Tampa, Fla.-based Infinity Box–makers of Wufoo–were not disclosed, sources said the price was $35 million in cash and stock.

Twitter Is So Mainstream Now: Eight Percent of Online Americans Use It

Young, urban, minority, women, well-educated. What do these demographic factors spell out? The categories of American Internet users who are most likely to use Twitter. That’s according to a new survey by the Pew Research Center’s Internet & American Life Project.

Exclusive: MySpace and Rubicon Project in FAN Swap Deal

MySpace is trading most of the assets of its Fox Audience Network to the Rubicon Project in exchange for a significant equity minority stake, according to sources close to the situation. Under the terms of the deal, which is nearly complete with a signed term sheet, MySpace will hand over a number of parts of FAN, including most of its 300 employees.

Viacom, Real Networks Spin Off Rhapsody Music Service

Real Networks and Viacom are reorganizing Rhapsody, their joint-venture music service, and will be spinning it off into an independent company, they told the Securities and Exchange Commission today. Rhapsody, along with Best Buy’s Napster, sell music via monthly subscription, as opposed to Apple’s a la carte download offering. But neither service has been able to gain much traction, despite years of effort. More shortly.

Study Group Time: Here Are the Legal Briefs for eBay-craigslist Trial Tomorrow!

The trial begins bright and early tomorrow morning in Delaware between online auction giant eBay and Web classified kingpin craigslist. Since BoomTown is in a “Paper Chase” mood, I expect everyone to bone up on the legal issues by reading the pretrial briefs below. If not, as John Houseman, playing Professor Charles Kingfield, said so memorably: “Here is a dime. Take it, call your mother, and tell her there is serious doubt about you ever becoming a lawyer.”
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Another Legal Tussle for eBay–And It's Not Skype This Time!–As Former CEO and California Guv Hopeful Whitman Kicks Off Craigslist Trial Monday

Auction giant eBay is headed to court again Monday, and for once, it has nothing to do with the litigious Skype co-founders. Instead, it’s a battle in Delaware with craigslist, the San Francisco online classified powerhouse that eBay holds a minority ownership position in. That stake is actually precisely what’s at stake. Cue the march of the eBay lawyers!
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In Their Own Words: Comcast’s Case for–and Against–an NBCU Deal

Comcast says it doesn’t have a deal to buy NBC Universal. Does it want to buy NBC Universal? Ask COO Steve Burke and you’re going to get a confusing answer.
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Back for Yet Another Season: The “What Will GE Do With NBC?” Show

Even when the M&A market was shut down, Wall Street couldn’t stop speculating about GE’s intentions for its NBC Universal unit. And now that it’s deal-making time again, the chatter is getting very noisy. Hence the flurry of coverage over yesterday’s remarks by Vivendi CEO Jean-Bernard Levy, in which he said…not very much.
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