Venturewire

Murdoch's love for newspapers is undying, nevermind the near-death throes of the medium itself, and he reads it out (literally, on the radio) as part of a series of Australian radio lectures titled, "The future of newspapers: moving beyond dead trees." Compare and contrast this to his famous speech on April 13,

Martini Media Network, an ad network geared toward affluent consumers, has secured both a first round of funding and a new CEO, Skip Brand. Venrock led the round, per VentureWire, though the amount was undisclosed. Brand most recently served as Chief Revenue Officer of Pudding Media, and he has his work cut out for him in this new post.

Robotgalaxy, a seller of customizable toy robots has raised a $5 million second round to create its own kid-focused virtual world. The funding came from Bachmann Industries, which previously invested $7 million in the company, according to Venturewire (via VentureBeat).