AP - The economic slowdown has started to squeeze the technology sector. So far this has not led to wide-scale job cuts, but a slowing demand for computers and other electronics may already be weighing on some payrolls.

Source:Labor report indicates squeeze on tech sector
(AP)

NewsFactor - Motorola is reportedly looking to beef up its Android development team, increasing its size from 50 to 350 people in hopes of getting in on the latest Google buzz. Motorola couldn’t immediately be reached for comment, but reports of insider leaks say the handset maker is working with a recruiter to find developers for Google’s open-source mobile operating system.

Source:Motorola Staffing Up To Cash In on Android Buzz
(NewsFactor)

Reuters - News Corp’s MySpace, the world’s
largest social networking site, said on Sunday its
long-expected MySpace Music joint venture with three major
music labels will launch with four major sponsors underwriting
the costs of streaming free music to millions of MySpace users.

Source:MySpace Music to start with major ad sponsors
(Reuters)

AFP - Hackers armed with laptop computers, camping tents and dreams of software glory invaded Yahoo during the weekend as the Internet pioneer opened its strategy and its doors to outside developers.

Source:Yahoo opens its doors to hackers
(AFP)

CNET - digg_url = ‘http://digg.com/gaming_news/EA_drops_bid_to_acquire_Take_Two’;

Electronic Arts has abandoned its $2 billion bid to acquire rival game maker Take-Two Interactive Software, ending a seven-month takeover effort that turned hostile before the two companies entered private talks last month.

Source:EA drops $2 billion bid to acquire Take-Two
(CNET)

AP - Video game publisher Electronic Arts Inc. said Sunday it ended talks to buy smaller rival Take-Two Interactive Software Inc., best known for the “Grand Theft Auto” series of games.

Source:EA walks away from Take-Two buyout
(AP)

AP - The Virginia Supreme Court declared the state’s anti-spam law unconstitutional Friday and reversed the conviction of a man once considered one of the world’s most prolific spammers.

Source:Va. court strikes down anti-spam law
(AP)

AP - Some of the biggest players in the technology industry complain that the U.S. patent system is broken ? putting too many patents of dubious merit in the hands of people who can use them to drag companies and other inventors to court.

Source:Program turns to online masses to improve patents
(AP)

NewsFactor - Keeping in step with rival Web browsers from Microsoft and Google, Mozilla has announced a “privacy mode” for Firefox 3.1. The update is scheduled to be released in beta form in October.

Source:Browser Wars Heat Up as Firefox Adds 'Privacy Mode'
(NewsFactor)

Reuters - U.S. video game giant Electronic
Arts Inc has pulled away from an offer to buy rival
Take Two Interactive Software Inc after pursuing the
“Grand Theft Auto” game publisher for more than six months.

Source:Electronic Arts ends merger talks with Take Two
(Reuters)