Global Music Sales Fell 10 Percent in 2007
Sales of music fell at a faster rate in 2007 than 2006 despite digital sales soaring, and the gatekeepers of the Web must act if the industry is to beat piracy, the international trade body said on Thursday.

Circuit City Confirms HD DVD Exchange Program
Consumers who purchased an HD DVD player at Circuit City will be able to return them to the retailer, which will swap them with a comparably priced Blu-ray player.

E-Gambling Companies Push for U.S. Probe
European online gambling companies on Thursday accused the U.S. Justice Department of violating World Trade Organization rules by singling out foreign online gambling companies for prosecution.

American Airlines Adding Streaming Video Services to Flights This Summ
Passengers on American Airlines flights are about to get a new perk. Instead of craning their necks to catch reruns of "Monk" and excerpts from "The Tonight Show" on tiny aisle TV sets, they'll be able to wirelessly stream content to their personal devices from the comfort of their own seats.
Best Buy Announces 'Blue Label' Notebook PCs
Best Buy has launched two new notebooks under its own, branded "Blue Label," through partnerships with major notebook manufacturers.
No Widespread DTV Panic, Helpline Fields 317K Calls
DTV transition call centers handled more than 317,000 calls on Friday, but the Federal Communications Commission reported no widespread disruption of TV service.

Take-Two Rejects EA Buyout Offer
Take-Two Interactive's board of directors announced today that it has recommended that its shareholders not respond to Electronic Arts' buyout attempt, calling the $26-per-share cash offer "inadequate" and "opportunistic."

Skype Founders Form VC Fund
Skype founders Niklas Zennstrom and Janus Friis Degnbol are attempting to raise the equivalent of $266 million for a new venture capital fund, according to an SEC filing.

Ericsson Demonstrates 500-Mbit/s DSL
Ericsson said this week that it has demonstrated 500-Mbits/s transmission rates over copper cabling, using VDSL2-based modems.
A Bigger, Cheaper Zen Micro Photo
Creative has upped the storage and dropped the price of the as-yet-unreleased Zen Micro Photo.