Facebook has launched a new mobile website called 0.facebook.com. The new mobile version of Facebook is a speedy version that works well on cellphones and tablets. 0.facebook.com will not replace Facebook Mobile. It is intended to work well in countries that have slower Internet connections, but have strong cellular networks.

Blip.tv has closed on a $10.1 million third round in funding led by Canaan Partners. Bain Capital also participated in this round of funding. Blip.tv started in 2005 and plans to use the new round of funding to accelerate growth and expand content services. Blip.tv has about 44,000 indie video producers that use the service and distributes about 50,000 original web shows. Blip.tv receives about 90 million video views per month. [MediaPost]

Santa Monica, California based CODA Automotive has raised $58 million in Series C. The funding was provided by Aeris Capital, EDB Investmentes (EDBI); Countyline LLC, Lex Wexner, Thomas F. Steyer, Mac Heller, Miles Rubin, John Bryson and Angeleno Group. CODA has now raised a total of $125 million. The new round of funding will go towards the market entry of their sedan vehicle. CODA plans to open a design and engineering office in Singapore as well. [SoCalTech]

Cisco Systems, Inc. (NASDAQ:CSCO) has acquired private design consulting firm Moto Development Group. Moto’s designers and engineers will become a part of Cisco’s consumer product development capabilities. Moto helped design the Cisco Flip Video consumer item. The financial terms were undisclosed, but the deal is expected to close by late July. Full press release is below.

CBS Corporation has signed up the show “$#*! My Dad Says” for the fall season. The show is based on Justin Halpern’s Twitter profile account @shitmydadsays. Other titles that CBS considered was “Shat My Dad Says” and “Bleep My Dad Says.” The show will star Ryan Devlin as the young lead based on Halpern. William Shatner will star as Halpern’s father in the show. James Burrows directed the pilot. [Hollywood Reporter]

AT&T Inc. (NYSE:T) Wireless CEO Ralph de la Vega is not worried if Verizon gets to offer the iPhone. During the JPMorgan tech conference Vega indicated that switching carriers is tricky to do.

Amitabh Bachchan is the latest Bollywood celebrity to join Twitter (SrBachchan). He joined the micro-blogging service earlier this week. The first tweet he sent was to his son Abhishek Bachchan (@JuniorBachchan), who is also a famous Bollywood celebrity. Amitabh gained over 39,000 followers in one day after joining.

Tsavo Media has been bought out by Cyberplex for $75 million. Tsavo Media has about 300 informational websites in their portfolio. Tsavo reaches about 30 million unique users per month and made about $110 million in revenue last year.