Google may announce deal to buy YouTube: source

Internet search leader Google could announce a deal to buy top online video service YouTube as early as Monday, a source familiar with the matter said, following a spate of programming distribution deals that could clear legal hurdles to an acquisition,

Google to stream free music videos from Sony BMG, WMG

Google today announced that it will begin offering free music video streams from the catalogs of Sony BMG and Warner (WMG). Advertising will create another opportunity for the parties to monetize content, which is also planned to be made available to website owners who participate in Google's Ad-sense network.

Intel said to be seeking strategic partnership with Nvidia

Intel may raise its stake in Nvidia so that they can form a strategic partnership to oppose the merger of AMD and ATI, according to sources at Taiwan-based motherboard makers.

AUO and CMO completing LED food chain

Both AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) are becoming more comprehensive in their LED supply-chain deployment, with both panel makers recently confirming investments in LED packaging firms.

Google to buy YouTube for $1.6 billion - reports

Google is close to buying YouTube for $1.6 billion, according to reports.

Google subpoenas Yahoo, others in copyright suits

According to a media reports, Google is planning to subpoena Yahoo, Microsoft, and Amazon for documents pertaining to the copyright infringement suit brought against Google over its book-scanning project.

Best Buy teams with Real, Sandisk on music service

Leading electronics retailer Best Buy said Thursday it would partner with MP3 player maker Sandisk and Real Networks to create and promote a subscription and buy-to-own music service. The collaboration is the latest effort to dethrone Apple from the top of the digital music market.

Doubts linger over Vista D-day

Microsoft is on track to ship Windows Vista to businesses in November and to consumers in January, according to investment bank Goldman Sachs.

Insurance firm sues Microsoft over Xbox house fire

An insurance company acting on behalf of Melvin Young has sued Microsoft because his house suffered an extensive fire because an Xbox malfunctioned on January 5th last year.

Schwarzenegger terminates RFID bill

Legislative proposals to regulate government use of RFID technology in California have been vetoed by state governor Arnold Schwarzenegger.

MySpace acquisition a $20 billion fraud?

Brad Greenspan, one of the original founders of the MySpace universe, published a report that claims that News Corp.'s 2005 acquisition of MySpace may have defrauded shareholders by "more than $20 billion." Greenspan has requested further investigation by the Securities and Exchange Commission, the U.S. Department of Justice and the U.S. Senate Committee on Finance.

Apple confirms stock option grant concerns, board member resigns

Cupertino (CA) - Apple today reported the results of a three-month-long investigation into stock option grants to employees. While the company found "no misconduct" of any member of the current management team, Apple confirmed 15 questionable grants in January 2002 and earlier. Former CFO Fred Anderson resigned from the firm's board following the announcement.

Calif. to indict Dunn, four more over HP spy scandal

Patricia Dunn, the former chairman of HP, and four others are to face charges over The great HP Pretexting Fiasco.

Cyber Home to stop producing DVD players - sources

Taiwan-based Cyber Home Entertainment, a maker of DVD players an recorders, has decided to stop producing DVD players mainly due to that Philips demands royalty payment, according to industry sources.

Market-share free-for-all breaks out in hard drive market

Seagate Technology's acquisition of Maxtor has triggered an all-out battle for market share in the hard disk drive (HDD) business, spurring an industry-wide price war in the second quarter, according to Isuppli.

Rumors of Foxconn-Quanta merger resurface

Recent speculation pointing to a merger between Foxconn Electronics and Quanta Computer now indicates that the tie-up is in the final stage.

Profits in 32" LCD TV panel segment hard to come by

With panel prices for office applications starting to rise from July, LCD panel makers have started earning profits from the segment, but losses continue in the 32" LCD TV panel segment, according to panel makers.

Microsoft appeals latest EU antitrust fine

Microsoft said Tuesday it had formally appealed a $357 million fine levied against it by regulators from the European Union, who say the software giant failed to comply with earlier sanctions meant to create a more competitive software marketplace.

Novell seeks summary judgment on SCO's IP license revenue

Novell has asked for a partial summary judgment that it is entitled to 95% of SCO Group's intellectual property license revenue in a move that could derail the controversial Unix vendor's legal battles.

GIF loses patent protection

I am sure a lot of you remember the great "GIF fiasco": more than a decade ago, Unisys decided to make money out of the most used image file format on the Internet: the GIF format.