Jay Rockefeller, Chairman of the Senate Commerce Subcommittee, will introduce an internet do-not-track bill next week.
Online sales of the Top 500 retailers grew to $150B (+18%) and total U.S. e-commerce sales increased to $165.4B (+15%) in 2010, according to U.S. Department of Commerce.
Brightcove has been granted the first US patent for publishing and distribution of digital media online. The company is streaming 700M videos per month, up from 400,000 in March 2010.
Amazon launches a flash sale site, MyHabit.com.
Spotify launched a download service which syncs to iOS devices’ music libraries.
The Daily generated 800,000 downloads and lost $10M in its first quarter of operations.
Bing announced a partnership to power search on RIM devices.
RIM announced Blackberry Messenger will be released on the major mobile OS platforms.
35% of Chinese iPhones are jailbroken according to UMeng, a Chinese research group.
ING Direct enabled peer-to-peer payments for its customers using Bump.
Hearst and Conde Nast will bring their magazines to iOS customers using Apple’s subscription service. Conde Nasts magazine subscription will reduce the cost of the New Yorker from $5 per issue to about $20 per year, according to sources.
In the US, Android gains 6 market share points in Q1 according to Comscore.
Samsung is the top handset maker in Europe with 29% share, up 5 market share points, taking the crown from Nokia, who fell 10 market share points to 28%.
Global enterprise software revenue reached $245B (+8.5%) 2010, after a 2.5% decline in 2009 according to Gartner.
RenRen IPO’ed last week and reached a $7B market cap on $76.5M in 2010 revenue.
News Corp has acquired Hearst’s UGO video game site. It will combine UGO with IGN in a spinout.
RIM acquires Ubitexx, a mobile security developer. RIM will bring BES to iPhone, Android and iPad with Ubitexx’ technology.
Twitter acquires TweetDeck for a rumored $40 to 50M.
EA acquires Firemint, makers of Flight Control.
Warner Brothers acquires Flixster and RottenTomatoes.
Efficient Frontier acquires ContextOptional, a social advertising solutions provider.
Kaminario, a provider of SSD storage products, raised $15 million from Globespan Capital Partners,
Disqus, a commenting engine serving 500M users across 750,000 websites, up 500% in one year, raises $10M from North Bridge.
LegalZoom raises a growth round from KPCB and IVP.
TaskRabbit, a market place for local service runners, raises $5M from Shasta.
Peixe Urbano, raises a large growth round from Tiger Global and General Atlantic.
Palantir Technologies has raised $50M. Total investment in the company is $175M.
Mashery, the API management platform, raised an $11 million Series D from OpenView Venture Partners.
Firespotter, an incubator run by Craig Walker, Google Voice CEO, raises $3M from Google Ventures.
DeNA announced $393M (+68%) in revenue and $115M (+90%) in net revenue.
EA reported revenue of $995M (+17%) net income of $151M (+400%) EA Mobile reported $230M (+8.5%), with $70M in Q1’11.
AOL reported $551M (-18%) in revenue and profits of $34.7 (-12%). Online ad revenue fell 11% and internet subscription fell by 24%.
Demand Media reported revenue of $80M (+45%) and a net loss of $5.6M (-33%).