Online holiday shopping to skyrocket

A holiday shopping forecast predicted by The Performics 50, a self-titled representative index of online search advertising, states that fourth quarter 2006 online sales will eclipse those of last year by more than 50%.

Inventec reportedly beats Quanta for new video Ipod orders

Apple Computer will focus its new video Ipod orders at Inventec rather than distributing to both Inventec and Quanta Computer, according to component makers cited in a Chinese-language Commercial Times report.

Digital cameras and webcams driving growth for IC designers

Shipments to the digital-camera and webcam segments are driving growth for IC designers, such as Syntek Semiconductor, Sunplus Technology, Ali, and Sonix Technology, according to market sources.

BenQ to stop funding German handset subsidiary

To stem the losses at its mobile operations, BenQ's board of directors agreed to discontinue injecting capital into BenQ Mobile.

Update: HP acquires enthusiast PC maker VoodooPC

Palo Alto (CA) - Hewlett-Packard is buying its way into the high-end PC market: Rather than establishing its own brand, the company decided to swallow VoodooPC, one of the larger enthusiast PC brands in the U.S. The deal comes about half a year after Dell's acquisition of Alienware.

Second largest system builder in China to offer AMD PCs

Founder Technology, China's second largest PC provider and the seventh largest desktop PC company worldwide, today said that it will begin offering AMD-based desktop systems in early October.

HP's standards were disregarded, says Hurd

In a testimony before the U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Oversight and Investigations, Hewlett-Packard chief executive officer Mark Hurd said that HP's " adherence to standards of ethics, privacy and corporate responsibility" were "were disregarded by people inside the company and by people outside the company whom [HP] hired." According to Hurd, the people investigating the board leaks to media "became so focused on finding the source of the leaks that they lost sight of the privacy of reporters and others."

PayPal reaches legal settlements, to pay millions

PayPal has agreed to settle on claims brought forth by more than half of the states in the U.S. The online payment site also announced that it has reached a settlement in a class action lawsuit filed last year.

U.S. court rules against Morpheus

In yet another legal victory for the RIAA against P2P networks, a national court case was closed yesterday as U.S. District Judge Stephen Wilson ruled that Morpheus's parent company, StreamCast Networks, is guilty of massive copyright infringement.

Buena Vista acquires UK game studio Climax racing

Buena Vista Games, the video game division of Disney, today announced that it has purchased the UK development studio Climax Racing. According to Buena Vista, this will be company s first game studio in Europe, and the third in the world.

Vivendi Games acquires Secret Lair and Studio Ch'in

Video game publisher Vivendi Games today announced that they have purchased two new development studios, Secret Lair Studios and Studio Ch'in. The acquisition adds to Vivendi's portfolio of six development companies worldwide.

HP general counsel resigns in board scandal

HP today announced that general counsel Ann Baskins has resigned from the company, effective immediately. Baskins was indicated by Mike Holston of law firm Morgan Lewis, which leads the internal investigation in the HP board leak and investigation scandal, to have been a central figure with comprehensive knowledge of the questionable investigation practices applied by HP and an external company.

Microsoft, Peter Jackson to create game studio

Microsoft's video games could get much more Hollywood excitement and drama as the company today announced that it will create Wingnut, a new game studio in cooperation with Academy award winning writer, director, and producer Peter Jackson as well as Academy Award-winning screenwriter Fran Walsh.

Microsoft sues creator of media player DRM crack

Microsoft has officially filed a federal lawsuit against the hacker, known by the pseudonym "Viodentia", who developed a software patch that allowed users to remove the Digital Rights Media (DRM) code from the Windows Media Player application.

Apple cracks down on use of the word 'pod'

Apple has stepped up its legal crackdown on businesses using the word 'pod' in product and company names.

DFI denies will exit motherboard channel market by Q4

Recent rumors have circulated that Diamond Flower International (DFI) may give up the motherboard channel business by the fourth quarter of 2006.

Digital TV shipments totaled 15.5 million in Q2 06, says Displaysearch

In the second quarter of 2006, global digital TV shipments rose 22% on quarter to 15.5 million units, accounting for 37% of TV units and 80% of TV revenues.

In recovery: TFT-LCD industry review and outlook for 2006

The so-called "crystal cycle" of the TFT-LCD industry remains unpredictable, with the range of oversupply or demand usually failing to meet the forecasts of industry players and watchers.

AOL users sue over personal data leak

In a response to the controversial leak of the search records of AOL members, three individuals are seeking national class-action status for the suit. According to their lawyers, this is the first such lawsuit against AOL concerning this issue.

Tom's Hardware is 10 Years Old Today

Today, Tom's Hardware Guide turns ten years old. Over the years, the site has gone from being a simple hobbyist site for hardware enthusiasts to a media business that reaches out across the globe, appearing in 11 languages, on three continents, and reaching an audience of over 10 million unique visitors a month.