2/16/2008

Toshiba to give up on HD DVD, end format war

Filed under: — Aviran Mordo

Toshiba Corp is planning to give up on its HD DVD format for high-definition video, conceding defeat to the competing Blu-Ray technology backed by Sony Corp, a company source said on Saturday.

Japanese public broadcaster NHK had earlier reported that Toshiba would suffer losses in the tens of billions of yen (hundreds of millions of dollars) as it scrapped production of HD DVD players and recorders and took other steps to exit the business.

The company source told Reuters that Toshiba was in the final stages of planning to exit the HD DVD business and that an official decision would be made soon.

Moroccan held for impersonating prince on Facebook

Filed under: — Aviran Mordo

A Moroccan computer engineer appeared in court on Friday charged with setting up a Facebook account in the name of King Mohammed’s brother.

Fouad Mortada, 26, could face jail on the charges of falsifying computer data and imitating Prince Moulay Rachid on the social networking site without his consent.

Relatives said he was motivated by admiration for the 37-year-old prince, who is second in line to the throne.

Wal-Mart Picks Blu-Ray Over HD DVD

Filed under: — Aviran Mordo

Wal-Mart Stores Inc. has picked Blu-ray over HD DVD in the market battle for the format of high-definition video.

The nation’s largest retailer said Friday it has decided to sell only Blu-ray DVDs and hardware in its 4,000 U.S. stores and no longer carry rival HD DVD offerings.

The announcement comes five days after Netflix Inc. said it will stop carrying rentals in Toshiba Corp.’s HD DVD format and instead go exclusively with the rival Sony Corp. technology favored by five major movie studios.

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