Borders Group Inc. (NYSE:BGP) has raised $25 million from Bennett S. LeBow. The investment was made through the private purchase of 11.1 million shares of Borders’ common stock at a purchase price of $2.25 per share. Mr. Lebow has joined Borders Board of Directs as the Chairman of the company. LeBow is also Chairman of Vector Group Ltd.

Via: Online Schools

Tyler and Cameron Winklevoss are back in the news again. The two twin brothers along with the other ConnectU Divya Narendra are accusing Mark Zuckerberg of securities fraud. The ConnectU founders believe that Zuckerberg and Facebook tricked them into settling for $65 million, but the deal was actually worth far less than expected.

Foursquare CEO Dennis Crowley announced at the Business Insider Startup 2010 event in New York City that Foursquare is adding about 15,000 new users every day. Foursquare’s last major milestone was when they announced that they have surpassed one million users. Crowley also mentioned that an opportunity he is most excited about is what could be a “Google Analytics but for local merchants.” [Mashable]

Lexmark International Inc. has agreed to buy Perceptive Software for $280 million in cash. Perceptive created a content management system that is used by higher education organizations, government agencies, and health care companies. The company expects to close the deal by the second quarter. [BusinessWeek]

InterContinental Hotels Group (IHG) has signed a deal with Gowalla that will allow people that use the mobile check-in service to receive discounts at participating IHG Hotels including Holiday Inn and Crowne Plaza chains. “As our guests increasingly turn toward mobile applications, we want to connect with them in a relevant way and ensure they discover how they can get rewarded for staying with us,” stated U.S. Sales and Marketing VP of IHG Del Ross. “We’re excited to be the first hotel company to use Gowalla’s location-based service to market at the intersection of mobile and physical check-ins.” This whole promotion is called Hit It Big. Hit It Big offers guests with rewards such as Priority Club points, double air miles, or up to $500 in prepaid gift cards. So if you are using Foursquare to check in to Holiday Inn or Crowne Plaza, I’d highly recommend switching to Gowalla in this case. You must register for the promotion at: http://www.ichotelsgroup.com/h/d/6c/1/en/hititbig?src_code=88.

iTunes, the music, movie, podcast, and application downloading software created by Apple Inc. (NASDAQ:AAPL) sells more music than Wal-Mart and Best Buy put together. iTunes now accounts for 26.7% of all music sold last year. This makes Apple the top retailer for music in the U.S. [Gizmodo]

Google Inc. (NASDAQ:GOOG) has been given the greenlight by the FTC to acquire AdMob, the company founded by Omar Hamoui. AdMob is a mobile advertising company that provides a platform and advertising inventory for iPhone and Android applications. “Throughout the FTC’s review process, it’s been clear that mobile advertising is growing rapidly. As mobile phone usage increases, growth in mobile advertising is only going to accelerate. This benefits mobile developers and publishers who will get better advertising solutions, marketers who will find new ways to reach consumers, and users who will get better ads and more free content,” stated Google VP of Product Management Susan Wojcicki. Apple’s acquisition of Quattro Wireless most likely helped Google’s case. [Google Blog]