In This Update:
• T-Mobile Introduces Google-Powered Phone
• Netflix Signs Deals with CBS and Disney
• AOL Announces BidPlace Ad Exchange
• AP Moves Online Video Network from Microsoft To thePlatform
• MTV Buys Social Project
• Photoshop CS4 Features GPU Acceleration
• Trion World Network Raises $70 Million for Server-Based Online Games
• Intel Puts $20 Million in Business Social-Net Company Telligent
• VoIP Device Maker Ooma Raises $16 Million
• Advertising Platform Adap.tv Raises $13 Million
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The law firm of new media. Major offices in New York, Boston, Newark, Stamford, and other cities. Advising new media companies from start-up to exit. Venture capital, IP protections and disputes, employment matters, outsourcing, joint ventures, acquisitions, to name just a few.

T-Mobile Introduces Google-Powered Phone
REUTERS
T-Mobile will sell the first phone powered by Google Android operating system under the brand name T-Mobile G1, said its partner Amazon.com Inc on Tuesday. The phone, made by Taiwan’s HTC Corp, is seen as Google’s answer to Apple Inc’s iPhone and is the Web search leader’s biggest push yet in the cell phone market. Amazon.com said its digital music store will be loaded on the G1 allowing users to search, download, buy and play over six million songs, pitting the device directly against the iPhone.
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Netflix Signs Deals with CBS and Disney
WALL STREET JOURNAL
Netflix Inc. has cut deals with CBS Corp. and Walt Disney Co. that will give a boost to the library of television shows available to Netflix subscribers for viewing over the Internet. The agreements, covering television shows ranging from the crime series “CSI” to “Hannah Montana,” will let Netflix subscribers watch the shows over the Internet a day after their original air dates on television. The pacts are part of a wave of deal-making by Netflix that is intended to ease the Los Gatos, Calif., company’s transition to an era where online delivery of movies and television shows eclipses its current main business of mailing DVD rentals to customers.
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AOL Announces BidPlace Ad Exchange
CNET NEWS
As part of Advertising Week in New York, AOL’s Platform-A ad service has unveiled BidPlace, an ad exchange that will launch in the first half of next year. In an ad exchange, advertisers place bids on pieces of inventory, and the highest bidder wins. It’s the premise behind companies such as Right Media, which Yahoo acquired in 2007 after initially investing in it. BidPlace will let advertisers bid on AOL sites, its partner sites, and third-party sites that use Platform-A’s ad network. BidPlace clients will be able to use a Web interface to define an ad budget, manage their bids, and have access to analytics.
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AP Moves Online Video Network from Microsoft To thePlatform
PAIDCONTENT
Looking to revamp its Online Video Network, the Associated Press is handing over the running of its video player and uploading service from Microsoft to thePlatform, the Comcast-owned broadband and mobile video services provider. The AP didn’t offer a reason for the switch from Microsoft in its announcement. It comes just as the wire service is preparing to rollout a new video platform by December. The two-year-old OVN service sends news video to-and from-AP’s global affiliates.
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MTV Buys Social Project
SOCALTECH
Santa Monica-based Social Project–which was once known as Tagworld–has been acquired by MTV Networks, MTV said Monday. Financial terms of the acquisition were not disclosed. According to MTV Networks, which is a division of Viacom, the acquisition will allow the firm to accelerate its introduction of its Flux social media platform across its portfolio. Social Project is behind the development of Flux, software which allows web publishers to create their own social networking web sites. According to MTV, Social Project and its 31 employees will remain based in Santa Monica. Social Project was venture backed by Draper Fisher Jurvetson and MTV, and originally started as a competitor to MySpace.
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Photoshop CS4 Features GPU Acceleration
UBEGIZMO
Adibe has been carefully looking at how to integrate GPU acceleration in its product. After all, a GPU is a “graphics” processor. Even if it is mainly 2D (a new 3D object painting has been introduced), Photoshop does process pixels. However, when performing intensive tasks, memory bandwidth and disk access are often more problematic than the pixel processing itself, and Adobe is still looking for a great way to with this. Adding GPU acceleration in the user-interface for things like Zoom, Scale, Rotate and Effects Preview/Building is a great way to introduce hardware acceleration as the benefits are immediately noticeable.
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Trion World Network Raises $70 Million for Server-Based Online Games
VENTUREBEAT
Trion World Network announced it has raised $70 million in a third round of funding to finance its massively multiplayer online games for the PC. The amount is a big haul for a game company and, coming off the heels for an $83 million round for Big Fish Games earlier this month, shows that video games are in favor among investors despite the tough economy. To date, Redwood City, Calif.-based Trion has raised more than $100 million.
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Intel Puts $20 Million in Business Social-Net Company Telligent
THE SOCIAL
Intel Capital, the chipmaker’s venture arm, has invested $20 million in Telligent, a Dallas, Texas-based software company that specializes in social-networking software for businesses. Intel was an existing client of Telligent’s.The two companies have not disclosed a valuation for Telligent. Part of the $20 million stake has already been acquired, with the rest to be complete within a year.Telligent manufactures a product called Community Server, which provides clients with blog, forum, wiki, and other collaborative and social software; they’re used primarily for customer relations and marketing.
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VoIP Device Maker Ooma Raises $16 Million
GIGAOM
Ooma, a Palo Alto, Calif,-based company that has created a VoIP phone hardware and services platform has raised another $16 million in third round of funding from it’s existing and new investors. Ooma had previously raised $27 million in two rounds of funding, bringing the total to $43 million. Ooma, now about four years old had launched last July with much fanfare but lost its was as some key executives had left the company. In April 2008, Rich Buchanan, company’s new marketing officer told us that the company would increase its retail presence. Since then the company has started selling at Best Buy.
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Advertising Platform Adap.tv Raises $13 Million
TECHCRUNCH
Advertising platform Adap.tv has closed $13 million in Series B funding. The round was led by Spark Capital, along with Redpoint Ventures and Gemini Israel Fund. As part of the deal, Spark Capital’s Dennis Miller will join the company’s board of directors. Adap.tv’s total funding to date is now $23 million. Adap.tv makes an ad platform called OneSource that allows online video content owners to access ads from a number of sources using a single interface. The service supports various formats including overlays and pre/post rolls. Partnerships with a large number of major content providers include Metacafe and Blip.tv .
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