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Music file-share site Qtrax forced into humiliating U-turn — Jonathan Richards, Dan Sabbagh and Adam Sherwin in Cannes — A website which promised to give music lovers the world's first legal file-sharing service was forced into a humiliating climbdown today after it emerged that the company …
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From today, feel free to download another 25 million songs - legally — After a decade fighting to stop illegal file-sharing, the music industry will give fans today what they have always wanted: an unlimited supply of free and legal songs. — With CD sales in free fall and legal downloads yet …
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Digital Daily, AppleInsider, CrunchGear, Crave, Los Angeles Times, Advertising Lab, Silicon Alley Insider, Slashdot and Digg

Is the Tipping Point Toast? … Don't get Duncan Watts started on the Hush Puppies. “Oh, God,” he groans when the subject comes up. “Not them." The Hush Puppies in question are the ones that kick off The Tipping Point, Malcolm Gladwell's best-seller about how trends work.
Discussion:
louisgray.com, How to Change the World, Virtual Economics, media landscaping, UMBC ebiquity and Advertising Lab

I'm Joining Scoble at FastCompany TV — In November 2003, I put up my first blog post: “Old dogs & New tricks." I had not a clue how my life was about to change. Maybe I should call this one: “Older dog. Newer trick." — I am about to become a video blogger. As of today, it is my main gig.


Windows 7 isn't headed for 2009, says Microsoft. More like 2011. — Hey, it's not Microsoft's fault that 2011 sounds like the realm of jet pack VR massage cars, but it's certainly a long ways away any way you slice it. Contrary to previous rumors of Microsoft planning a Windows 7 release sometime …
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Electronista
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Yahoo (YHOO) Going Forward With “Drastic” Layoffs—Source — A source close to Yahoo reports that Jerry Yang has decided to go forward with aggressive layoffs. The source believes the layoffs will be announced on the company's conference call this week and that the final number will be likely …


Gore-Backed Current TV Files For $100 Million IPO; $63.7 Million 2007 Revs; Losses Mount — A first look into the books of Al Gore's cable network: Current Media (parent of Al Gore-backed Current TV) has filed for a $100 million NASDAQ IPO, trading under the ticker “CRTM”.


LEGO Brick Timeline: 50 Years of Building Frenzy and Curiosities — The LEGO brick turns 50 at exactly 1:58 p.m. today, January 28, 2008. This timeline shows these 50 years of building frenzy by happy kids and kids-at-heart, all the milestones from the LEGOLAND themed sets to TECHNIC and MINDSTORMS NXT …
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Christopher Null, CrunchGear, Big in Japan, Gearlog, Texas Startup Blog, Mashable!, Slashdot and Digg
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Google Lego Logo: Google Offers Lego 50th Birthday Wishes
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InsideGoogle, Google Watch, Googling Google, Natural Search Blog, louisgray.com, Search Engine Roundtable and Changing Way


New Research Finds Consumers Save More Than $7B by Shopping on eBay — eBay sellers could often set higher prices — New research from the University of Maryland's Robert H. Smith School of Business finds that consumers save billions of dollars annually by buying goods through …
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The billion-dollar switch — Talk about your big switches. Cisco today is unveiling the largest network switch ever, the Nexus 7000, which is able to transfer 15 [terabytes] terabits per second. That's equivalent, the company says, to sending digital copies of all the movies in NetFlix's inventory in 38.4 seconds.
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7digital's DRM-free music store goes global — If Amazon's music store going international wasn't enough digital music news for you today, 7digital took the liberty of announcing its international roll-out plans today, and its CEO took time out to talk to us one-on-one.
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Amazon plans to take its DRM-free music offering worldwide
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E-Commerce Times


Imeem Gobbles Up A Young Startup, Anywhere.FM — After less than a year in operation, the team at Anywhere.FM reached an early payday today when veteran social music service Imeem gobbled them up for an undisclosed sum, most likely in a cash and stock mix. The iTunes-style web music player …
Discussion:
VentureBeat, Money Out Blog, CNET News.com, AppScout, WebProNews, 901am, paidContent.org and John Cook's Venture Blog


Mole: 80GB PS3 dead, 120-160GB with Dual Shock 3 incoming — Our inside source of all things video gaming has been right almost every time it comes out of the shadows to give us information, so I'm going to dispense with the back story. Wherever his or her information is coming from, it's usually solid.
Discussion:
Gizmodo, ParisLemon, Electronista, Engadget, PS3 Fanboy, Joystiq, Kotaku, Ubergizmo, TechSpot News and GamePro.com

NBCU Unit Acquires Video Start-Up LX.TV; Will Expand Local Programming — Multi-platform entertainment programmer LX.TV has been acquired by NBC's Local Media Division. LX.TV began producing hi-def programming for NBC Universal's (NYSE: GE) WNBC last January.

‘100% accurate’ face recognition algorithm announced — Psychology researchers at Glasgow University say they have increased the accuracy of automated face recognition to 100 per cent. If the claims are true, this development will have far-reaching consequences for privacy and security in modern society.
Discussion:
Gizmodo

Woolworths backs Blu-Ray format over HD DVD — Woolworths has become the first major retailer to solely back one of the new high definition DVD formats. — The high street firm has announced that it will only stock Blu-Ray high definition DVDs from March, with HD-DVDs being dropped from stores to be sold online.
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The Register, Electronista, GamesIndustry.biz, Kotaku, Macsimum News, Pocket-lint.co.uk and Engadget HD

Nokia to acquire Trolltech to accelerate software strategy — Trolltech's Qt based technology assets facilitate application development for multiple platforms and devices — Espoo, Finland and Oslo, Norway - Nokia and Trolltech ASA today announced that they have entered into an agreement …
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Engadget, Open Android, Tech Beat, Between the Lines, CNET News.com, CrunchGear, InfoWorld, Open Source, VisionMobile Forum, dailywireless.org, I4U News, TabletBlog.com, Electronista, Seeking Alpha, localmobilesearch.net, Phone Scoop, The Mobile Technology Weblog, OSDir.com and Mashable!

The killer Twitter-tracker just arrived and its name is Tweetmeme — It had to happen sooner or later. We've had Technorati. We've had TechMeme. Now we have Tweetmeme, which will track what's hot on micro-blogging platform Twitter. The business of tracking the online conversation …
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franticindustries