Late Wednesday, AOL.com continued its remodeling binge—this time for its high-ranking Money & Finance site, hoping that a major remake will keep its current users engaged and finally will gain…

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Microsoft (Nasdaq: MSFT) has another ad deal with a buzzy, big Web 2.0 site ... it will be the exclusive provider of display and contextual advertising for Digg, which boasts…

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Seattle-based Fisher Communications has acquired hyperlocal pioneer Pegasus News. No deal details but it looks like a form of acq-hire since Mike Orren, president of Pegasus News, and his team…

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Online chess community ChessPark.com has completed a total of $1 million in angel funding. Jon Callaghan of True Ventures, Burnt Norton and Eaglebrook School participated in the round. ChessPark, based…

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GolfLink, a site that offers news and tips about golf, has bought instructional site GolfSpan for an undisclosed amount. The acquisition gives GolfLink, which currently runs a daily video feature…

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Tribune Company hopes one of its oldest digital brands, local entertainment guide Metromix launched for Chicago a decade ago, can prove successful as a national franchise for local guides across…

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Travel search engine SideStep has acquired TripUp, a social net aimed at tourists. The deal brings TripUp’s community, whose members share advice and opportunities to meet up with other globetrotters,…

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Editor’s note, 07/11/07: Just heard from Disney regarding a misunderstanding about their plans for Toontown. It actually will be the same hybrid free/premium model planned for the Pirates MMOG and…

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DC Comics, the publisher of Superman and Batman, is trying to expand its online profile and its bank account by giving aspiring writers and artists a chance to become paid…

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High street entertainment retailer HMV is to launch a “social network” including DRM-free music in a bid to halt falling revenue from physical sales. In results for the year ending…

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As part of its continuing mission to outpace YouTube in video, MySpace is relaunching its 18-month-old video-sharing service in a new place and with a new name. According to the…

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Wesebe, a site that uses social community tools to let people seek and share financial advice from other consumers, has raised $4 million in a first round funding led by…

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Update: The official version is out. Deborah Fine, president, iVillage Properties, talks about what Sugar adds: “young, trendsetting women who go online daily for gossip, advice and fashion.” NBC Universal…

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-- LinkedIn: So the mystery of Steve Sordello leaving Tivo as CFO has been solved. The “well known late stage venture funded company” he is going to join is LinkedIN,…

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MTVN: Two digital promotions at MTV Networks Entertainment Group related to the forthcoming integration of iFilm and Spike TV: Jon Slusser is being promoted to SVP of Spike digital and…

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There seems to be a lot of health-related website news lately. This morning, for example, we reported that Meredith Corp (NYSE: MDP). had purchased health-information search engine Healia. And last…

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BlogHer, which runs an ad network, a guide to women bloggers, and conferences, has received an investment from Venrock, the VC confirmed to VentureBeat. David Siminoff, who joined Venrock earlier…

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During the FT interview, chairman and CEO Howard Stringer addressed Sony’s move to create its own short-form video content. Turns out Sony Pictures Television is on the verge of launching…

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Sony Corp. chairman and CEO Howard Stringer covered a lot of ground in a lengthy video interview with the FT (Full transcript here and here: Sony and the Valley: Asked…

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A panel of cable TV marketing execs traded tips on how social networks are occupying a defined slot in their promotional budgets at one of the Promax/BDA afternoon sessions: --…

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In a social network first for Apple, as of Wednesday, it should get easier for Bebo users in the UK and Ireland to buy music by any artist who has…

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I’ve been following OurChart.com, The L Word social net spin-off since its January launch, intrigued by the possibilities of a community evolving from any show let alone the lesbian drama…

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A host of funding news today, along with these three for Chinese companies… -- Content delivery network ChinaCache has closed a $31.5 billion second funding round from local, U.S. and…

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Me.dium, a browser plug-in that connects web users based on visits to the same sites, has raised $15 million in its second round of financing, Venturebeat reports. The round was…

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CBS has been preaching audience and tonight Nina Tassler, president of CBS Entertainment, backed it up by bringing back a canceled series with a vocal and demonstrative community. (Sending thousands…

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