Yahoo To Buy Bix.com

Yahoo Inc. (Nasdaq: YHOO) has agreed to buy Bix.com, a Palo Alto, Calif.-based provider of online contests. No financial terms were disclosed. Bix was founded earlier this year as 900 Seconds, and raised around $6.75 million in funding from Sutter Hill Ventures, Trinity Ventures and Stanford University. www.yahoo.com www.bix.com