GetGlue is a mobile social networking company that has raised $12 million in a new round of funding led by Rho Ventures. Existing investors Time Warner, RRE Ventures, and Union Square Ventures also participated in this round of funding. GetGlue previously raised $6 million in November 2010. GetGlue launched in 2008 and has been constantly evolving. Currently GetGlue is a “check-in” application for TV shows, books, movies, etc. Users can interact with other people that are reading, watching, thinking about the same thing.

A group of companies, including Sprint, Comcast, Time Warner and Bright House, are in to acquire Clearwire. Clearwire recently expressed interest in building a 4G LTE network. Sprint would head the deal with funding from the cable companies, giving Clearwire the means to light up the network and giving the companies access to that network. There is no word yet on what the official agreement would be. [TechCrunch]

Time Warner subsidiary Warner Bros. Entertainment, Inc. has acquired Flixster. Flixster is a social network that is centered around movies. Through the acquisition, Warner Bros. also gains possession of the valuable Rotten Tomatoes brand. News Corp. sold Rotten Tomatoes to Flixster in exchange for cash and equity last year.

Meebo announced earlier this week that they have raised $27.5 million in Series D. The funding was led by Khosla Ventures with participation from Sequoia Capital, DFJ, Time Warner, and JAFCO. Meebo said that they plan on using the funds to continue expanding upon their platform. Thus far the company has raised $70 million total.

AdaptiveBlue, the company behind the social recommendations application GetGlue, has raised $6 million. According to the SEC filing, AdaptiveBlue raised the funding from Time Warner, RRE Ventures, and Union Square Ventures.

Yahoo! Inc. (NASDAQ:YHOO) has hired Wayne Powers to head up their North American advertising sales. Powers was an executive at Time Warner Inc. beforehand. Powers, 49, worked as the president of the media group at Time Inc. He will now be reporting to Ross Levinsohn. Powers is replacing Joanne Bradford, who left Yahoo! to join Demand Media. Yahoo! almost considered not replacing Bradford, but the executive she reported to, Hilary Schneider, also left the company. Levinsohn will be replacing Schneider later this year. [WSJ]

BNI Video is a company that helps video service providers in the telecommunications industry manage video delivery. This is why some telecommunications companies got together to put money into BNI. Cisco Systems, Comcast Interactive Capital, Charles River Ventures, Castile Ventures, and Time Warner Cable invested $16 million into BNI.

Time Warner Inc. (NYSE:TWX) has fired Jonathan Klein, the president of CNN/US. Ken Jautz, president of HLN, will be replacing Klein. Jautz is known for finding Glenn Beck on the radio and putting him on TV.