Fanning & Parker to launch Airtime: Here’s what we know

Shawn Fanning and Sean Parker are back: The Napster co-founders will launch their social video chat startup Airtime with a press event in New York Tuesday after quietly operating in stealth mode for some months. Here’s what we already know about Airtime.

Perez Hilton Vs. Will.i.am in Video

Updated.

perezwilliamCeleb blogger (and now sort of a celeb himself) Perez Hilton apparently got punched by a member of Will.i.am’s entourage last night in Toronto at a party after the MuchMusic Video Awards. Hilton enlisted fans over Twitter to help him get the attention of the police, saying he was assaulted by Will.i.am. Will.i.am took to his video site of choice, Dipdive, to maintain his innocence, and opened a Twitter account to defend himself there. Then Hilton, using his real name Mario Lavandeira, posted a video statement on his own site going into excruciating and teary detail over the words and taunts he exchanged during and after the awards show with Will.i.am and his Black Eyed Peas bandmate, Fergie.

Not that I’m in any way an advocate of violence, but Hilton/Lavandeira really does play up the drama considering it’s less than a day later and he looks just fine. However, notably, he does have some element of truth on his side, because Molina Liborio, who is apparently Will.i.am’s manager, was taken into custody in Toronto last night and charged with assault.

Neither video makes its creator look particularly sympathetic. But if you want to judge for yourself, here they are:

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Vid-Biz: Baofeng, FeedRoom, Top Searches

Baofeng Gets $15 Million; Chinese video software company that is “like the Brightcove of China” gets funding round led by Matrix Partners China and IDG. (paidContent)

The FeedRoom Acquires ClearStory; white label video provider completes acquisition of digital asset management firm. (emailed release)

Will.I.Am Tops Truveo’s Most-Searched List; Yes We Can the most searched for viral video of 2008, Obama’s victory speech most searched live video moment. (Truveo)

MediaFLO Looking to Expand its Mobile TV; company expects to get a boost from the digital TV transition and is mulling moves to other platforms as well as branded channels like Victoria’s Secret TV. (Broadcasting & Cable)

Actor’s Strike Won’t Impact OldTeeVee Like the Writers’ Strike; many TV shows are covered under the AFTRA union, which already has a deal with the studios. (The L.A. Times)

VCs Still Investing in New Media Ventures; despite economic downturn, money still going to startups in the space, but investors want proof that revenue can be generated. (TVWeek)

The Simpsons Skewers Apple; Lisa falls for all things “Mapple” while Krusty complains you can’t watch movies on a screen that small. (The Apple Blog)

NTV Chats With will.i.am About Yes We Can

On the red carpet out front of the Webby Awards in NYC, the two Lizzes chatted with will.i.am of the Black Eyed Peas about posting his video, “Yes You Can,” online. Check it out!