News Byte

Reports: Apple Could Face Federal E-Book Suit Today

The Department of Justice may file a suit against Apple today over e-book price-fixing complaints, according to reports from Reuters and Bloomberg. The DOJ has been probing antitrust complaints regarding Apple’s 2010 pacts with  book publishers; several of the biggest publishers are preparing to settle those charges by “tearing up” those deals, according to The Wall Street Journal.

To Stanch Layoffs, Yahoo Has Been Shopping Its Ad Technology Platforms to Google, Microsoft and Others

There’s always yet another wacky money-making scheme on the horizon at Yahoo!
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News Byte

Luminate Raises $10.7M in New Funding, Adds Image App Store

Luminate, the Silicon Valley start-up aimed at making digital images interactive, said it had raised $10.7 million in a Series C round of funding, led by Nokia Growth Partners and also including existing investors. It also said it was launching an Image App Store to “provide a central location for publishers to browse and choose the specific image apps they wish to leverage for their sites.”

Disney’s Playdom Publishes Third-Party Social Game Title Triple Town

Seeking a larger audience to play its game, Spry Fox is partnering up with Disney to publish its social game Triple Town on Facebook.
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iPad Magazine Readers to Publishers: More, Please

Publishers’ hopes for the iPad and e-readers have come back to earth. But the people who actually download these things like them quite a bit, according to a new survey.
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Wenner Media Digital Boss Michael Bloom Leaves After Six Months

Bloom joined the publisher, which owns Rolling Stone, Us Weekly, and Men’s Journal, in May. Friday afternoon he sent out a memo announcing his departure.
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Exclusive: Disney Acquires “Sophisticated” Mommy Blog Platform Babble Media

Organic arugula alert: Disney’s interactive unit is calling all urban hipster parents!
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Another Googley “Acqhire” — Contextual Search Start-Up Apture to Join the Chrome Team

Google has acquired contextual search start-up Apture and will integrate the team and features into Chrome.
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Yahoo’s Product Runway: Are You In or Out?

I am here at Yahoo HQ in Sunnyvale, Calif., to check out “Product Runway,” which is the Silicon Valley Internet giant’s attempt to show that it can still innovate.
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Facebook’s Overhaul Gives MOG a Rocket Ride

A 4x leap for the music subscription service in a month. Now it has to keep those users, add more, and eventually get a few of them to pay.
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Federated Media Buys Lijit Networks