Sony tackles YouTube with its own video-sharing website

Sony will today launch a video-sharing site in Japan, marking the electronics and entertainment firm's first step towards challenging Google's YouTube service. News Corp, which owns MySpace, and NBC Universal said last month they would also launch a free online video site this year, as traditional media firms scramble to keep up with video sharing. Sony also hopes to introduce its service, called eyeVio, abroad, but said it first wanted to gauge the reception at home before drawing up an overseas launch schedule. ...more

New share high but all is not rosy at Apple

Apple's share price again leapt to a 52- week high yesterday of $29.58, the third time this year that it has hit a new peak, following the company's latest quarterly financial results. However not everyone is happy about the company's increased reliance on iPod sales in preference to its core computer business. ...more

24-02-2001 Essential news of the week

Brought neatly together and presented on a plate, here is a roundup of some of the week's main news stories from the world of IT. Oftel makes BT pay for local loop fiasco iMacs harness flower power Comment: Internet experts face anti-terrorist threat Eidos WAPS it out Famous Scottish comedian bites at dog Napster's $1bn sweetener Egg ditches current account plans Letsbuyit.com vows repair and renewal Microsoft moves into mobile phones Blair launches government portal Apple recalls G4 PowerBooks Don't forget, we welcome your comments. ...more

Apple shareholders face a cost of delisting

Apple shareholders could see the value of their holdings fall considerably if the Nasdaq exchange carries through its threat to delist the company's stock. According to research by Georgetown University professor James J Angel into the effects of delisting, shareholders lost an average of 19 per cent in past cases. Apple faces delisting for failing to meet the deadline for filing its latest Form 10-Q filing, a report on the company's performance during the financial quarter to 1 July. ...more

Handspring Visor flips its lid

Handheld organisers are great and most of them come with a hard cover to protect them from knocks and scratches. Unfortunately, the fantastic Handspring Visor is the vulnerable exception. But that's all changed with the Tactilis range of covers for the Visor. ...more