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The Sony Playstation 3 console and its new controller is shown in this picture afterthe Sony Computer Entertainment Inc. 2006 E3 media event at Sony Studios in Culver City, Calif., Monday, May 8, 2006. The The new controller, which looks similar to the one for the older PlayStation 2 but adds motion sensors to detect six degrees of movement.There will be two versions: one sporting a 20 gigabyte hard drive for $499 and another with a 60 gigabyte drive for $100 more. Officials said they would have 4 million units ready by the end of 2006 and another 6 million by March 31, 2007. (AP Photo/Kevork Djansezian)

Playstation 3 to Have Two Price Levels (AP)

AP - Sony Corp. is dismissing concerns about the cost of the new PlayStation 3, the video game machine the company is counting on to win a new round of living room dominance.


Microsoft founder Bill Gates and Director at Berkshire Hathaway, contemplates his hand of Warren Buffett cards as he plays bridge with Berkshire Hathaway shareholders during the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Sunday, May 7, 2006.(AP Photo/Nati  Harnik)

Microsoft Preps New Version of Windows CE (AP)

AP - While Microsoft Corp. has been beset by delays in its new operating system for personal computers, developers quietly have been working on a new version of another Windows, this one found in everything from sewing machines to sophisticated cell phones.


Fox TV shows added to iTunes (Macworld.com)

Macworld.com - Hit television shows from Fox Entertainment Group were added to the iTunes Music Store on Monday. Shows from the Fox, FX, Speed, Fuel TV and 20th Century Fox Television library are available beginning today for $1.99 per episode.


A woman passes Vodafone

Vodafone rises on Verizon Wireless stake hopes (Reuters)

Reuters - Vodafone Group Plc shares rose as much as 4 percent on Tuesday as speculation mounted that the mobile phone giant will sell its 45 percent stake in its U.S. joint venture to partner Verizon Communications .


New day awaits 'Munich' on DVD (USATODAY.com)

USATODAY.com - Munich arrives on DVD Tuesday, the last of this year's best-picture-Oscar nominees to be released for home viewing.


Michael Conner tries an iPod at the Apple Store on Chicago

Apple's iTunes starts selling Fox TV shows (Reuters)

Reuters - Apple Computer Inc.'s iTunes has started to sell episodes of shows from News Corp.'s Fox television network, the latest major U.S. TV network to reach a deal with Apple's Internet download service.


The new controller for Sony Playstation 3 is shown on a screen with the actual unit in foreground at the Sony Computer Entertainment Inc. 2006 E3 media event at Sony Studios in Culver City, California, May 8, 2006. (Fred Prouser/Reuters)

Sony to launch PS3 at $499 (Reuters)

Reuters - Sony Corp. said on Monday it would begin selling its PlayStation 3 video game console in November for $499 in North America, challenging Microsoft Corp.'s early dominance in the market for next-generation machines.


E3: JBL On Tour Plus debuts for PSP (Macworld.com)

Macworld.com - When it was first introduced, JBL Multimedia’s white and chrome-clad On Tour speaker system seemed like a good match for Apple’s iPod. Now JBL has introduced a new version of the On Tour redesigned for Sony’s PlayStation Portable (PSP) called the On Tour Plus. It’s available for $129.95.


The Microsoft Windows logo is seen on the screen of a laptop on a desk at the Court of First Instance, the European Union

EU in quandary on new action against Microsoft (Reuters)

Reuters - Microsoft's new Vista operating system has put the European Commission in a quandary on whether to open a new front against the software giant before a court clarifies the EU antitrust watchdog's authority.


Dutch Telecom KPN Says 1Q Profit Up 40 Percent (AP)

AP - Dutch telecommunications company Royal KPN NV said Tuesday its first-quarter net profit rose 40 percent, helped by a one-time gain and an acquisition in the company's mobile-phone division.


Self-confessed German cannibal Armin Meiwes has been jailed for life after a Frankfurt court found him guilty of murder for killing and partly eating an allegedly willing victim he had met on the Internet.(AFP/DDP/Thomas Lohnes)

German cannibal jailed for life for 'ultimate kick' (AFP)

AFP - A self-confessed German cannibal has been jailed for life after a court here found him guilty of murder for killing and partly eating an allegedly willing victim he had met on the Internet.


Apple to Sell Fox Shows on iTunes (AP)

AP - Apple Computer Inc.'s iTunes Music Store has started selling TV programs from Fox Entertainment Group's networks, including shows such as "24," the companies said Tuesday.


The new controller for Sony Playstation 3 is shown on a screen with the actual unit in foreground and upper left at the Sony Computer Entertainment Inc. 2006 E3 media event at Sony Studios in Culver City, California, near Los Angeles May 8, 2006. (Fred Prouser/Reuters)

Expo-"Halo" sequel, new titles create buzz at game show (Reuters)

Reuters - While much of the attention at this year's Electronic Entertainment Expo is focused on new hardware such as Sony Corp.'s PlayStation 3 and Nintendo Co. Ltd's Wii, the success of the next generation of video game consoles will likely be determined by their game lineups.


Foolish Forecast: TOM on the Line (The Motley Fool)

The Motley Fool - Ring, ring! Will somebody get that, please? It's long distance. TOM Online (Nasdaq: TOMO - News), one of China's leading Internet portals and wireless service providers, reports its Q1 2006 earnings numbers tomorrow.


PlayStation 3 Pricing and Launch Date Set (NewsFactor)

NewsFactor - Tom Cruise and Katie Holmes, move over. There's a new celebrity offspring in the spotlight, and its name is PlayStation 3. Featuring stunning graphics and a new, motion-sensitive "six-axis sensing" controller, the next-generation PlayStation 3 was officially introduced in Los Angeles by proud parent Sony, two days before the opening of the Electronic Entertainment Expo (E3).


AOL to cut 1,300 jobs as call center traffic slides (Reuters)

Reuters - Time Warner Inc.'s Internet company AOL on Tuesday said it would cut 1,300 jobs, or 7 percent of its work force, largely at call centers where customer queries have dropped dramatically.


Webroot uncovers thousands of stolen identities (InfoWorld)

InfoWorld - Spyware researchers at Webroot Software. have uncovered a stash of tens of thousands of stolen identities from 125 countries that they believe were collected by a new variant of a Trojan horse program the company is calling Trojan-Phisher-Rebery.


BSkyB to test Qualcomm mobile technology (Reuters)

Reuters - News Corp.'s pay-television network British Sky Broadcasting Ltd. on Tuesday said it will test technology made by Qualcomm Inc. that delivers programming to mobile phones.


Finns share model for Star Trek spoof success (Reuters)

Reuters - The young makers of an Internet spoof of the science-fiction classic "Star Trek," seen by 3.5 million people in less than two months, are planning to create a film-making community on the Internet.


John McKinley, AOL

AOL Laying Off About 1,300 Employees (AP)

AP - AOL is laying off about 1,300 employees, or 7 percent of its worldwide work force, and is closing its call center in Jacksonville, Fla.


E3: Blizzard announces new World of Warcraft race (Macworld.com)

Macworld.com - Blizzard Entertainment revealed a new playable race that will be included with this year’s release of the World of Warcraft expansion pack, The Burning Crusade. The Draenei will be available as an Alliance race.


British insurer Royal and Sun Alliance (RSA) has reported a 29-percent increase in operating profit on the back of cost cutting and an improved performance in the United States.(RSA)

Royal and Sun Alliance sees first-quarter profits climb (AFP)

AFP - British insurer Royal and Sun Alliance (RSA) has reported a 29-percent increase in operating profit on the back of cost cutting and an improved performance in the United States.


Adobe aims to ease AJAX programming (InfoWorld)

InfoWorld - Adobe Systems on Thursday will debut technology intended to make AJAX (Asynchronous JavaScript and XML) programming easier for Web designers.


Gosling: Java source code already available (InfoWorld)

InfoWorld - Anyone looking for Sun Microsystems to relinquish control of Java to the open source community or to join the Eclipse Foundation is likely to be disappointed, based on Java guru James Gosling's perspectives on these issues.


Deutsche Telekom, the German telecommunications giant, said that group earnings rose in the first three months of the current year, driven primarily by its mobile phone operations, while the fixed telephony business continued to lose ground(AFP/File/John MacDougall)

Deutsche Telekom net profit up in first quarter (AFP)

AFP - Deutsche Telekom, the German telecommunications giant, said that group earnings rose in the first three months of the current year, driven primarily by its mobile phone operations, while the fixed telephony business continued to lose ground.



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