Amazon Drops Kindle 2 Price

Amazon lowered the price of the popular Kindle 2 by $60 to $299 on Wednesday, just two months after it first introduced the e-reader into the market.

T-Mobile Launches MyTouch 3G Android Phone

T-Mobile officially launched its second Google Android phone, the MyTouch 3G, on Wednesday. Company executives said they'll use a high-touch retail experience and custom cases to make it possible for users to personalize the phone.

Google announces Chrome operating System

Google said Wednesday it will launch an operating system for personal computers next year, taking direct aim at the dominance of Microsoft Corp's Windows franchise. The system, based on Google's Chrome web browser, is designed for all classes of PCs, from small netbooks to full-sized desktop systems, and will be available in machines from multiple PC makers in the second half of next year, the company said.

Cyberattacks target U.S. and South Korean Web Sites

North Korean hackers are suspected of being behind a cyber-attack on some of the most important government offices in the US and South Korea after the July 4th holiday weekend, including the White House, the Pentagon, the New York Stock Exchange and the presidential Blue House in Seoul.

Streaming radio stations online strike deal with copyright holders

A group of webcasters struck an agreement with SoundExchange, the organization that collects royalties for musicians and record companies, on Wednesday over payments for playing music online. The rates would have reportedly consumed as much as 70 percent of the profits that streaming content providers make.

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