Universal Music Group sues MySpace over copyrights

Universal Music Group late Friday sued News's MySpace unit, alleging the social networking site has allowed its users to post millions of Universal's songs and videos onto the Internet in violation of copyright law.

$100 laptop gets its first production run

The One Laptop per Child initiative, short OLPC, has completed a busy week that included a test production run of the notebook as well as a first public showing in the heart of Silicon Valley.

The waiting-in-line Wii report: Wii draws launch frenzy as well

Columbus (OH) - Planted in the shadows of what was perhaps the wildest and craziest console launch ever, with the PS3's debut on Friday, combined with the fact that Nintendo seemed to meet production demands needed for its next-generation console, many deemed the Wii launch at a low threshold of hype. However, after spending nine hours in line at Best Buy to get mine, it seems Nintendo may have carried over some of the insanity felt from the PS3 aftershock.

Nintendo estimated to have sold more than 600,000 Wii consoles at launch

Chicago (IL) - Nintendo had no problem getting rid of its first batch of its Wii gaming console. According to media reports, U.S. buyers snapped up about 600,000 devices within a few minutes after launch. Nintendo promised to follow up with 400,000 more consoles until the end of the year. See the Nintendo Wii slide show here ...

Demand for Nvidia G80 chips weak as market expects G84 and G86 lineup

Nvidia's launch of its DirectX 10-compliant GeForce 8800 GPU (codenamed G80) earlier this month seems to have failed to significantly stir up demand for high-end graphics cards, although the new chips took a lead in 3D computing processing, according to sources at Taiwan-based graphics card makers.

DRAM price likely to remain stable throughout November

Some DRAM makers and market research firms are seeing a stable price trend persist through the second half of November.

Edwards acknowledges staff asked Wal-Mart for Playstation 3

Former North Carolina Sen. John Edwards acknowledged Thursday that amid his criticism of Wal-Mart Stores, a volunteer member of his staff asked the world's largest retailer for help obtaining a hot new Sony Playstation 3 for Edwards' family.

Google CEO donates $2 million to Virginia Tech

Eric Schmidt, chairman and chief executive officer of Google, agreed to donate $2 million to the College of Engineering of Virginia Tech, Paul Torgersen, a former president of Virginia Tech, said that he approached Schmidt with the idea last spring.

Fox, MLB get tool to remove copyrighted content from MySpace

MySpace is developing a utility that will enable content owners to request quick removal of copyrighted materials from member pages.

Playstation 3 fetches $15,000 on Ebay

Following a frenzy of midnight and early morning sales of Sony's Playstation 3 console in the U.S., the devices were almost immediately available for purchase through Ebay as well. More than 8200 consoles were listed as of 11 am EST, with winning bids quickly escalating into a price ranges that also could buy a brand new compact car.

HP's fiscal 2006 revenues top $90 billion

Hewlett-Packard today presented its fiscal 2006 Q4 and annual earnings result. For the first time in its history, the company reported annual revenues of more than $90 billion and is on track to become larger than its rival IBM, at least in terms of sales.

Dell slammed on earnings delay, SEC probe

Computer maker Dell said it is delaying its earnings report, originally set for this afternoon, and shares tumbled more than 4.3% on the news.

Ebay limits PS3 sales

People pining for the sleek PlayStation 3 gaming console might find shortages on Ebay as well.

More than 1.5 million HD DVDs shipped

Chicago (IL) - The HD DVD promotional Group today reported that the home video divisions of movie studios have shipped more than 1.5 million HD DVD since the debut of the format on April 18, 2006. One day before the launch of the Playstation 3, which not marks the introduction of Sony's new game console, but also Sony's formal entry into the Blu-ray market, the HD DVD Promotion group reminded us that the HD DVD format is selling about on par with expectations.

Playstation believed to have highest brand loyalty for new consoles

According to a new survey done by ABI Research, people who currently own a PS2, and are interested in purchasing a next-gen console, show more loyalty to the Playstation brand than owners of Nintendo or Microsoft consoles do for their respective new video game platform.

Semiconductor revenues to break $300 billion barrier in 2008

The Semiconductor Industry Association (SIA) today released its annual forecast of global semiconductor sales, which expects a healthy growth rate for most microchip segments. As a result of cut-throat competition, revenues in the microprocessor market will be declining this year, the SIA said.

Material costs for LCD lower than PDP in 40" panels in Q4

Material costs for 40" class LCD panels have fallen below than that for PDP (plasma display panels) of the same class in the fourth quarter of 2006, according to the latest report from Displaybank.

PS3 hardware and manufacturing cost estimated at $840

El Segundo (CA) - Market research firm iSuppli has taken apart two of the first available PS3s and found that - not surprisingly - Sony may spend far more on manufacturing the game consoles than the retail price may suggest. The company is estimated to spend about $840 to build and manufacture the 60 GB model.

Former Gizmondo exec gets jail time

Bo Stefan Eriksson, the one-time Swedish gangster who co-founded the ill-fated Gizmondo handheld gaming startup, has been sentenced to three and a half years in jail in California.

Former HP chairwoman pleads not guilty

Former Hewlett-Packard chairwoman Patricia Dunn pleaded not guilty Wednesday to four felony identity theft and fraud charges for allegedly instigating the company's ill-fated spying probe into boardroom leaks.