[H]ardNews 4th Edition

PS3 To Sell For $399:

So the bean counters in Japan have calculated that Sony’s PS3 will cost $494 just to make and sell for $399 a full $100 more than the Xbox360. Ouch.

Given that Sony's PS3 will face stiff competition from Microsoft's Xbox 360, the chances that Sony will release its console at its production cost is slim. Under the assumption that the Xbox 360 is expected to sell at around $299, Merrill Lynch Japan predicts that Sony will sell each PS3 at the price of 44,800 yen ($410) in Japan and $399 in America. That would mean Sony would suffer a loss of more than 130 billion yen ($1.18 billion) during the first year of the PS3's release.

Google Sued Over Click Fraud:

It seems that some people are upset enough with Google to file a lawsuit over “click fraud” saying the company could have done more to prevent it.

A seller of online marketing tools said on Wednesday it sued Google Inc., charging that the Web search giant has failed to protect users of its advertising program from "click fraud," costing them at least $5 million.