Mar. 26: China-Google; RadioShack-Sale?; Lionsgate-Icahn; SiriusXM; Song.ly-Sale

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Washington - In the wake of Google's decision this week to stop censoring search results in China, the Chinese government has issued a draconian set of guidelines on how media outlets in the country must cover the matter, which were first published by China Digital Times and subsequently republished by The Washington Post. [more..]
New York - Electronics retail store chain RadioShack is exploring strategic alternatives, including a possible sale of the company that could bring over $3 billion, or a merger with Best Buy, The New York Post reported, citing sources. [more..]
Vancouver, Canada - In a letter to shareholders sent on Friday, Canadian film studio Lionsgate urged shareholders to adopt a "poison pill" as a means of deflecting activist investor Carl Icahn's hostile takeover bid for the company, to be voted on in a special shareholders' meeting on May 4. [more..]
Los Angeles - RapidShare, the online file-hosting service that has come under fire from copyright holders for hosting unauthorized content, has sought negotiations with media company executives on distributing licensed content through the service, TorrentFreak reported. [more..]
New York - Satellite radio firm Sirius XM has scheduled an April 29 meeting with the Nasdaq to lay out its plan for regaining compliance with market rules. [more..]
Palo Alto, Calif. - Project Playlist, a social music site that lets users create and share song playlists, is in talks with potential investors including AOL about providing additional backing to the company, CNET reported, citing multiple sources. [more..]
Beijing - Perfect World, a Chinese developer and operator of online games, announced on Friday that it will acquire Japanese online game operator C&C Media from Atlus Co. for about $21 million.
[more..]
Espoo, Finland - Nokia announced on Friday that it will acquire Novarra, the developer of a mobile Web browser and service platform. [more..]
Palo Alto, Calif. - Song.ly, a service that lets users share music links on Twitter, has put itself up for sale on auction site Flippa with a "buy it now" price of $50,000, TechCrunch reported. [more..]
San Mateo, Calif. - Secret Builders, the developer of an online virtual world with educational games, has raised $2.3 million in new funding, VentureBeat reported. [more..]
Vienna, Austria - PagesJaunes Groupe has acquired 123people, a search engine that aggregates publicly available information on people into online profiles, from Austrian venture capital firm Gamma Capital Partners, PaidContent reported, citing the Austrian Independent. [more..]

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Briefly Noted

London - News Corp.'s News International U.K. unit announced on Friday that it plans in June to place the websites of its The Times and The Sunday Times newspapers behind a paywall, and charge £1 ($1.49) for a day's access or £2 ($2.98) for a week's subscription. [more..]
San Bruno, Calif. - Google's YouTube this week announced some changes to the commenting system on its site, which NewTeeVee noted "trends toward attracting the lowest common denominator" of public discourse. [more..]
Redwood City, Calif. - Sony/ATV Music Publishing has partnered with on-demand merchandise manufacturer and distributor Zazzle to let artists and fans customize t-shirts and other products with song lyrics. [more..]

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