- Buzznet, following its recent round of funding and acquisitions, has now acquired emo/punk/ska music blog Absolute Punk. Financial details of the transaction were not disclosed.

- Taiwanese mobile phone manufacturer HTC released a 3G-capable touch-screen phone called the HTC Touch Diamond, hoping to snatch up a bit of market share before the release of the expected 3G iPhone.

- Hyundai and Kia will begin incorporating Microsoft technology from Microsoft that connects mobile phones and other devices to the car stereo by 2010.

Questions? Comments? Let us know: @billboardbiz

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