New iMac uncovered

Time magazine's Canadian Web site has leaked pictures and details of Apple's new flat panel iMac, according to the Web site MacMinute. MacMinute reports that the iMac will feature, 'a G4 processor housed in a hemisphere base with a chrome arm that extends and holds the 15-inch flat panel display,' and that the high-end model - selling for $1800 - will include a SuperDrive. The report also includes details of the rumoured iPhoto software. ...more

AMD's Opteron invasion fails to impress Wall Street

AMD has reported its second quarter figures, and the results are good but not quite good enough for Wall Street. Profits have risen but sales revenue has been hit by pricing competition with Intel. Despite increasing sales 53 per cent year-on-year up to $1. ...more

Xbox could take five years to show profit

According to a recent analysis by the Wall Street Journal Microsoft's Xbox console could take as long as five years to break even, losing $2bn in the process. Once the investment period is over, though, the console is set to add $1bn per year to Microsoft's operating profit. Microsoft has not commented on the report. ...more

FBI salutes Microsoft for help in virus battle

The FBI has officially saluted Microsoft's efforts for tackling a computer worm attack. Specifically, it has awarded Certificates for 'Exceptional Service' to Microsoft employees for their part in the 2005 Mytob/Zotob investigation. When the Internet worm was released in mid-August 2005, FBI teams of computer and forensic experts were deployed to Rabat, Morocco and Ankara, Turkey. ...more

EC turns to technology to preserve European culture

Concerned that Europe may be falling behind in its efforts to make its cultural heritage available in electronics format, the European Commission is to boost its policy of preserving and exploiting Europe's written and audiovisual heritage. At a time when the Internet and digital technologies are an everyday part of life for European citizens, tapping the potential of our written text, image and sound archives is of major importance in economic terms as much as in cultural terms. Although putting Europe's cultural heritage online is clearly a Good Thing, the driving force is likely to be France. ...more