BestBuy buys Naspter for $121 Million.  I think it’s a good buy for BestBuy since they can do some kind of double-promotion through their retail store while Napster.com still has a lot of following.

Announced this morning, the retail giant has agreed to buy Napster Inc. for a staggering $121 million, $67 million of which will be cold, hard cash. The deal is set to close in Q4 of this year, and it will include Napster’s “700,000 digital entertainment subscribers, web-based customer-service platform and mobile capabilities.” According to Best Buy president Brian Dunn, it intends to use “Napster’s capabilities and digital subscriber base to reach new customers with an enhanced experience for exploring and selecting music and other digital entertainment products over an increasing array of devices.”

via engadget

No More Notebooks, a social shopping bookmarking service was just launched.

Basically, it’s a social bookmarking service so you can make/save/share your favorite shopping list.

Although there’s already a big array of shopping social networks out there, (my favorite is wists) No More Notebooks might be able to be successful through it’s price comparisions and through more innovation.

There’s always plenty room for new sites especially at the rate the internet is growing today.

My name is Luke Harrison and I have recently finished my final year project for my New Media degree at The University of Leeds, UK.

For this I have created a brand new social networking website based around creating wishlists. The website has been built entirely from scratch single-handedly by me and I am now hoping to take it past a university stage and into the real world. I would therefore like to submit it to your startup review. There are still a huge number of features to be added over the next few weeks/months but I still feel the current product is something really useful to the online consumer.

via mashable