Clearwire (NSDQ: CLWR) and Sprint (NYSE: S) Nextel confirmed this morning that they have entered into a definitive agreement to combine their WiMax wireless broadband business to form a new…

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Two-year old mobile widget firm Plusmo has raised $4.41 million in its first round of funding led by VC’s New Enterprise Associates, reports VentureBeat. The Santa Clara-based firm, started by…

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Sprint (NYSE: S) Nextel and Clearwire (NSDQ: CLWR) are getting ready to unveil a $12 billion joint venture to bulid out a nationwide WiMax network, according to the WSJ. There’s…

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Rearden Commerce, which has been focused on creating a Web-based personal assistant that lets you manage calendars and make travel arrangements online, said today it has raised $100 million in…

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UK and U.S. based mobile entertainment firm ROK (LSE: ROK) has announced the acquisition of Jalipo Limited, the UK-based online video firm offering live streaming content. The acquisition, for 600,000…

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For quick access to our coverage on Microsoft (NSDQ: MSFT) withdrawing its offer to purchase Yahoo (NSDQ: YHOO) on paidContent.org… -- BREAKING:  Microsoft Withdraws Offer For Yahoo -- MSFT-YHOO: From…

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Will Sprint (NYSE: S) Nextel find a buyer to get it out of its troubles? So says Der Spiegel (via Reuters), the German magazine: Deutsche Telekom (NYSE: DT), owner of…

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MBeat Media, which runs the Hip Hop social network site Urbmob.com, has raised $1.5 million in its first round of funding from Draper Fisher Jurvetson, Grosvenor Funds and New Atlantic…

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Interactive television software developer Zodiac Interactive has sold its mobile content search engine Zodigo in a management buy-out led by Zodigo CEO Matt Johnston, who was also Zodiac’s former SVP…

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InvenSense, which makes motion detecting technology for mobile devices (gyroscopes and accelerometers), has raised $19 in its third round of funding. InvenSense sees a market for its products with new…

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Indo-U.S. mobile payment company Obopay Inc has secured a $20 million in a fourth round of investment led by India’s Essar Communications Holdings, and included Alliance Bernstein, ONSET Ventures, Redpoint…

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Sony (NYSE: SNE) Corp of America has bought Gracenote, the media metadata and tech firm which has been around since 1998, for about $260 million and more based on contingencies.…

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Buzzd, which is developing a location-based social network that revolves around entertainment listings, plans to announce today that it has raised an undisclosed amount of capital in a first round…

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Apple (NSDQ: AAPL) has finally done something with its cash, although spending a tiny part of it, after much speculation of what it would do: it has bought a boutique…

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Update: Corrected: I got it wrong the first time...the other way around: Zyb bought Imity. Zyb, the mobile phonebook service founded in Denmark, has bought out by Danish mobile social…

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Motorola Ventures has made an equity investment in VirtualLogix; no amount disclosed. VirtualLogix makes virtualization systems for communication devices, which Motorola (NYSE: MOT) sees as a solution to the complex…

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Hispanic MVNO Movida, which filed for Chapter 11 bankruptcy late last month, has been bought out of it by mobile services provider APC Wireless. APC bought another local MVNO Liberty…

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Mobile payment company Obopay has raised $20 million in its fourth round of funding, reports GigaOM. The round isn’t finished and the final amount may go higher—so far the only…

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British mobile VoIP service Truphone has raised a big £16.5 million ($32.6 million) in second-round funding from its existing backers, led by private investors. Independent News & Media and German…

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Location technology firm Rosum Corporation has raised $15 million in a second round of funding. Liberty Media (NSDQ: LINTA) Corporation subsidiary TruePosition joined existing investors Charles River Ventures, Allegis Capital,…

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Microsoft (NSDQ: MSFT) announced today it has completed its acquisition of cell phone firm Danger. The company is being integrated into Microsoft’s newly created Premium Mobile Experiences (PMX) team, a…

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When Text-to-TV services began taking off three years ago, the sector looked like the path to easy money. A number of start-ups, including 2waytraffic and Yarosa Entertainment were making what…

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Mobile video broadcast service Qik has raised a $3 million second round and is adding interoperability with upstart web TV platform WorldTV. The funds come from Marc Benioff (Salesforce), Arjun…

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Mobile content and apps creator MobiVentures is acquiring UK-based e-mail marketer PurePromoter for $7.8 million (3.9 million pounds). MobiVentures has secured $2 million (1.01 million pounds) in financing from Trafalgar…

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Visivo, the company behind mobile live streamer Qik, has raised a $3 million second round from MBQI, according to VentureBeat. The Foster City, CA-based start-up hasn’t announced its first round.…

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