72 Mobile Holdings LLC is a newly formed company by private equity firms S.A.C. Private Capital Group LLC, GSO Capital Partners LP, Sankaty Advisors LLC, and ZelnickMedia. Through the private equity firms, 72 Mobile Holdings has acquired mobile broadband firm Airvana in a deal worth $530 million.

Airvana shareholders will receive $7.65 in cash for every share that they own. This is a 23% premium of the company’s closing stock price as of yesterday. The deal will be fully closed in the first quarter. Merle Gilmore, former President of the Communications Enterprise division at Motorola will become the chairman of Airvana.

Airvana is one of the biggest companies to manufacture femtocells, or routers that are placed in buildings to help increase cell phone service.

The LG eXpo powered by the Windows Mobile operating system can now be bought through AT&T. The LG eXpo uses a Snapdragon core chip platform and has a built in 5 megapixel camera. Other features include 3.2″ WVGA display, fingerprint scanner, QWERTY keyboard, and even has an optional microprojector. The phone costs $199.99 after-rebate.

Lily Sussman is a U.S. citizen that went vacationing in Israel to visit family and check out the attractions. When she arrived at the airport in Israel, there was no way that she would have expected to have her MacBook get shot three times.

Sussman was pulled aside from airport security and they read through her journal and looked through some of the pictures on her digital camera. One of the pictures in her digital camera was of graffiti. Some of the graffiti included the word “f**k” next to a Jewish star of David. After seeing that image, airport security took her things and left Sussman alone.

Shortly afterwards, an announcement at the airport was made: “do not to be alarmed by gunshots because the Israeli security needs to blow up suspicious passenger luggage.” Instead of blowing up Sussman’s luggage, they shot her MacBook three times and gave it back to Sussman.

Sussman panicked because she was worried about the files on her computer. Fortunately for her, the hard drive survived! What this proves is that a MacBook can get shot and survive, but they cannot stand the wrath of rapper and actor Ice-T.

As much as I like General Motors vehicles, this is probably the cheesiest thing that the automotive company could have done to promote the Chevrolet Volt car. Below is a video of GM’s official dance that was performed at the LA Auto Show. The name of the song in the background is called “Chevy Volt and Me.” The song got stuck in my head so I actually went out looking for the lyrics and the mp3 [download]. The lyrics are below the video.

Smule, the company that has developed the I Am T-Pain application has raised $8 million in a third round of funding. The I Am T-Pain application has been downloaded over 700,000 times and there are in-app purchases that allow you to do karaoke to some of T-Pain’s hit songs like Bartender and Got Money. Smule has another application called Ocarina that has been downloaded over 1.65 million times. Smule expects to make about $3 million in revenues this year. Smule’s most recent funding round was provided by Shasta Ventures, Bessemer Venture Partners, and Granite Ventures. Smule has raised a total of $13.7 million.

Apple Inc. (NASDAQ:AAPL) has released a new commercial that will get you into the holiday spirit. It is a parody of the song “The Twelve Days of Christmas” and it highlights some of the applications on the App Store. Below is the video:

Appolicious is an iPhone application directory that has just raised $1.5 million in funding from Apex Venture Partners and James Crouthamel (Performics founder). This is Appolicious’ first round of major funding and they have previously raised $500,000 in seed funding from Apex.

Appolicious writes news and recommendations about applications on the Apple App Store. The website also categories new and existing applications on their website and hosts discussions for developers and consumers. Appolicious was founded by former Yahoo! VP Alan Warms. Warms previously sold a company to Yahoo! called Buzztracker.

The 2011 Audi A8 is one of the most high-tech upcoming vehicles to hit the roads in 2010. The Audi A8 is equipped with a 4.2 liter FSI V8 motor and 372 horsepower. Fuel consumption will be reduced by 15%. And the transmission of the A8 is eight-speed tiptronic transmission with manual mode. The A8 navigation system is very intuitive as well.

The Audi A8 will have a multimedia interface (MMI) combined with the standard navigation system and touchpad. The car will have a traditional hard disk navigation system with integrated GPRS/EDGE modem integrated into the MMI which will allow users to download content from Google. Audi A8 drivers will be able to map out trips using Google Maps or Google Earth. As a matter of fact, the Audi A8 is the first production vehicle to have Google Earth integrated into the navigation.

By inserting a SIM card into the A8 MMI setup or data-enabled phone supporting Bluetooth, A8 drivers will be able to have a 3D view of their surroundings using Google Earth in the MMI. The LCD display is 8 inches and supports terrain modeling.

Below is the full press release: