Sony plans $199 e-reader in Amazon challenge
Sony Corp will begin selling this month the cheapest digital book reader for the United States, heating up the competition with Amazon.com Inc in the small but fast-growing market for electronic readers. Read Full Article here.
Google buys On2 video firm to bolster YouTube
Google on Wednesday took another step in its Web video strategy by announcing it will acquire On2 Technologies, a creator of high-quality video compression technology in order to boost its YouTube site. Read Full Article here.
Microsoft deal will pay Yahoo more after 5 years
Yahoo Inc will get slightly more revenue from Microsoft Corp during the second half of the companies' recently announced 10-year Internet search partnership. The share of revenue that Microsoft pays to run search ads on Yahoo's network of sites will increase from 88 percent to 90 percent in the second five years of the partnership, according to regulatory filings by Yahoo on Tuesday. Read Full Article here.
Marine Corps bans troops from Facebook, Twitter and MySpace
The U.S. Marine Corps banned use of social web sites such as Twitter, MySpace and Facebook on its networks, citing security risks, while the Pentagon also said it will consider implementing similar bans. Read Full Article here.