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    Last update: December 22, 2009

    +Famous names back music on social media Web sites
      NEW YORK (Reuters) - Hip-hop entrepreneur Russell Simmons, AOL founder Steve Case and former rap star MC Hammer are each backing a version of the latest media trend: building fans' music consumption into their social networks.

    +Murdoch's free WSJ.com could hurt parts of Dow
      NEW YORK (Reuters) - Rupert Murdoch's plan to stop charging for access to The Wall Street Journal's Web site looks certain to increase online profits but could hurt other parts of Dow Jones & Co Inc business.

    +Microsoft aims to be one of "top two" in Web advertising
      SEATTLE (Reuters) - Microsoft Corp. aims to be one of the top two players in the online advertising market in three to five years, a company executive in charge of the business said on Thursday.

    +Google gearing up for wireless spectrum bid: report
      NEW YORK (Reuters) - Google Inc is gearing up to make a serious run at buying wireless spectrum in a Federal Communications Commission auction in January, the Wall Street Journal reported Friday in its online edition.

    +TV sets a turn-off for South Korea's youth
      SEOUL (Reuters) - South Korean university student Seong-sun is a rebel without a TV. Like other twentysomethings in tech-friendly parts of the world, Seong-sun, 27, uses his laptop to watch user-generated content and can see programming on his mobile phone.

    +Governments struggle as militants refine Web tactics
      VIENNA (Reuters) - Islamist militants are becoming more skilled at tailoring their message to specific audiences, including women and children, and Western societies are struggling to find a response.

    +Australian court sets June date for Google case
      SYDNEY (Reuters) - Google Inc will go before an Australian court in June next year to defend allegations made by the nation's competition regulator over alleged misleading sponsored advertising links.

    +McCartney sees Beatles going digital next year
      DETROIT (Billboard) - As he rolls out a new DVD and expanded edition of his latest album, Paul McCartney is predicting the Beatles' catalog will make its long-awaited arrival in the digital realm next year.

    +Lawmaker raps Internet-gambling enforcement
      WASHINGTON (Reuters) - The Democratic head of the House Judiciary Committee voiced frustration on Wednesday about what he said are disparities in the enforcement of U.S. Internet gambling laws.

    +McCreevy rejects call for EU online music rules
      BRUSSELS (Reuters) - A demand from European Union lawmakers to regulate how authors and composers receive cash for downloaded works has been rejected by the bloc's executive arm.

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