Google is now stepping up its level of investment in Chinese music site top100.cn, according to information confirmed by the company. NBA star Yao Ming also appears to be part of the second-round injection.
YouTube just updated its quickly-growing mobile property. YouTube currently claims 100 million daily mobile video views (a video demo is below).
The funding story was mixed for the first half, according to top-level stats tracked by Dow Jones LP Source. During the period, a total of 72 VCs raised $7.5 billion, a 13.5 percent gain over 2009 troughs, though funding for larger private equity firms slumped 26 percent to $45.1 billion.
Lady Gaga was actually not eligible for a 'Best New Artist' nomination at the 2010 Grammy Awards, based on a technicality. The reason is that Gaga was nominated in 2008, though the Recording Academy has indicated that a rule change is ahead.
MySpace is not for sale, according to News Corp. digital chief Jonathan Miller.
Wall Street lifted again on Thursday, thanks largely to a positive jobs report. The music portfolio was mixed-and-mild, though some strong volatility returned to the terrestrial radio space. Hot Topic (HOTT) boomed 9.5 percent to $5.30, while Sirius XM Radio (SIRI) landed squarely at $1.
BigChampagne's Ultimate Chart (a/o February 10th):
1. “What Doesn't Kill You (Stronger),” Kelly Clarkson
2. “Set Fire to the Rain,” Adele
3. “Turn Me On,” David Guetta
4. “Rack City,” TYGA
5. “Good Feeling,” Flo Rida
6. “Smooth Criminal (Glee Cast Version),” Glee Cast
7. “Young, Wild & Free,” Snoop Dogg & Wiz Khalifa
8. “Domino ,” Jessie J
9. “Sexy and I Know It,” LMFAO
10. “Ass Back Home ,” Gym Class Heroes
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