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Jay Z 's ownership group gets NBA Board of Governors approval

On Wednesday, rapper Jay Z became an official owner of the New Jersey Nets following approval by the NBA Board of Governors.

Jay is a minority owner in an ownership group that will reportedly pay an estimated $300 million for the team. The ownership group is headed by real estate developer Bruce Ratner. Ratner hopes to move the team into a new 19,000-seat arena in Brooklyn.

Google's Adsense Network Serving DoubleClick Display Ads

Since closing it's DoubleClick acquisition earlier this year things have been relatively quite on the DoubleClick front, but it now appears that Google has began serving display ads to it's Adsense ne

Jay-Z Says Las Vegas 40/40 Club is Doing Fine

Jay-Z dispel rumors that his 4-month-old 40/40 Club in Las Vegas is in trouble.

Is 50 Cent About to Sign $300M MySpace Deal?

Reports have surfaced that 50 Cent is in the midst of putting together a $300M deal with News Corp's MySpace.

Oprah's Harpo Inc. is Black Enterprise Magazine's Company of the Year

Black Enterprise magazine has named Oprah Winfrey’s Harpo Inc. its 2008 BE100s Company of the Year.

Google Targets Africa

The search giant is betting that it can become synonymous with the Internet in Africa.

Jay-Z Closes $150 Million Live Nation Deal

Jay-Z has officially closed his $150 million 360 deal with Live Nation Inc., sources report.

Magic Johnson's Canyon-Johnson Closes New $1 Billion Canyon-Johnson Urban Fund III

The Canyon-Johnson Urban Fund, a partnership of Canyon Capital Realty Advisors and Earvin “Magic” Johnson, today announced the closing of its $1 billion Canyon-Johnson Urban Fund III.