$32 billion forecasted for online holiday sales

Jupiter Research today released its traditional sales forecast for this year's major holiday shopping season. According to the forecast, online holiday retail sales will climb to $32 billion, up 18% over 2005. The research firm predicts a record number of online purchasers this year.

NEC ships hybrid Blu-ray/HD DVD chip

Undecided on whether you should buy a Blu-ray or HD DVD player? NEC wants to simplify that decision and has begun shipping a hybrid chip capable of playing back both Blu-ray and HD DVD formats. According to Reuters, the chips will sell for around $84 each.

Top AIM developer now with Google

Justin Uberti announced Saturday that he has left AOL after nearly 10 years as a lead developer for the company's widely utilized AOL Instant Messenger software. He joins the Google development team this week.

Microsoft offered to underwrite SCO funding, says Baystar

According to a declaration by Larry Goldfarb, managing general partner at former SCO investor BayStar Capital, a Microsoft employee promised to guarantee the investment firm's 2003 funding of Linden, Utah-based SCO.

Foxconn secures notebook orders from Apple, says paper

Foxconn Electronics (the registered trade name of Hon Hai Precision Industry) has received notebook orders from Apple Computer and will start volume shipments of one new MacBook model to the US vendor by the end of this year, Vincent Chen, an analyst at Credit Lyonnais Securities Asia (CLSA), was quoted as saying in a Chinese-language Commercial Times report last week.

Microsoft to roll out RTM version of Windows Vista this month - sources

Microsoft is expected to roll out the RTM (released to manufacturing) version of its upcoming Windows Vista operating system this month, before to officially launch the product to business customers in November, according to sources at Taiwan-based system makers.

UPDATE 2: Google to acquire YouTube in $1.65 billion deal

Mountain View (CA) - Google confirmed speculations and announced that it will acquire YouTube in an all-stock deal valued at $1.65 billion. The deal, announced shortly after market close on Monday, aims to combine "one of the largest and fastest growing online video entertainment communities" with Google's "expertise in organizing information and creating new models for advertising on the Internet."

80% of IT investments dead money, says Gartner

The lion's share of investments into IT is not contributing to an organization's growth, according to a report released today by Gartner. The market research firm claims that eight out of ten dollars that companies spend on IT is "dead money".

AT&T receives telecom licenses in India

India has granted AT&T as first foreign carrier of the country several licenses to provide national long distance and international long distance phone services to global and India-headquartered companies.

Windows XP Starter Edition passes 1 million mark

Microsoft today announced that sales of Windows XP Starter Edition, the company's entry-level computer operating system that's been aggressively promoted to "emerging markets" around the world, have recently passed the one million unit milestone.

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.