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Reports: Sony to Announce Launch of New PlayStation

Sony will this month announce the late 2013 launch of its latest PlayStation console, Japanese media said Thursday, as is looks to its games business in a bid to repair its tattered finances.

The much-anticipated announcement will come at a "PlayStation Meeting" set for February 20 in New York, the Asahi Shimbun newspaper and Kyodo news agency reported. Sony declined comment on the reports.

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ArabNet Beirut to Highlight the Latest Opportunities for Creatives in the Digital Space

Digital technology is driving tremendous growth in the creative sectors, both globally and across the Middle East.

Online music revenue will rise globally by 31% in 2015 to hit $7.7 billion, with MENA contributing one of the highest growth rates by region. Global sales of artworks online are bringing in 7 figure sums, and video will account for 90% of all consumer internet traffic in 2013.

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Study: Facebook Fatigue Prompts Breaks from Network

More than half of U.S. Facebook members have taken breaks from the leading social network, with the top reason being they are just too busy, according to a study released Tuesday.

About 61 percent of U.S. users said they had taken time off from Facebook at some point, with 27 percent planning to spend less time on it in the coming year, the Pew Research Center said.

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Twitter Buys Firm Tracking Social Network TV Talk

Twitter announced Tuesday that it has bought Bluefin Labs to ride the trend of viewers using smartphones or tablet computers to chat at social networks about shows they are watching.

Born out of research at the Massachusetts Institute of Technology, Bluefin combines cognitive science and machine learning to measure how much people are talking about broadcasts in real time on Twitter, Facebook and other forums.

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Study: Internet Users Seeking more 'Invisibility'

Consumer efforts to protect personal data and remain "invisible" online is leading to a "data blackhole" that could adversely impact digital advertisers, technology research firm Ovum said Wednesday.

The move to seek "new tools that allow them to remain 'invisible' -- untraceable and impossible to target by data means" will impact advertisers who rely on that information to target their audiences, Ovum said.

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Google Wins Australian Sponsored Links Case

Internet titan Google was cleared Wednesday of allegations it hosted deceptive advertisements, with Australia's highest court saying it was not responsible for companies who diverted users from their competitors' sites.

Australia's competition regulator had taken Google to court, alleging that adverts using keywords for Honda, Harvey World Travel, Alpha Dog Training and Just 4X4 Magazine published by Google had led consumers to rival firms.

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Instagram Website Frames Users' Pictures

Facebook-owned Instagram on Tuesday began letting a freshly launched website serve as a gallery for images taken by users of the smartphone photo-sharing service.

"Instagram, at its core, is about seeing and taking photos on-the-go," company co-founder Kevin Systrom said in a blog post.

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Pioneering Videogame Firm Atari Gets Lifeline

Atari, the pioneering video game company mired in bankruptcy proceedings in both France and the U.S., said on Tuesday it had found a last minute buyer after the latest leading shareholder gave up on turning the company around.

Atari SA "supports the proposed acquisition of the BlueBay Funds' interests in the Atari group by a longtime videogame professional and a fund advised by Alden Global Capital," the videogamer said in a statement.

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N. Korea Video Shows U.S. City Under Attack

North Korea, poised to conduct a nuclear test any day now, has posted a video on YouTube depicting a U.S. city resembling New York engulfed in flames after an apparent missile attack.

The footage was uploaded Saturday by the North's official website, Uriminzokkiri, which distributes news and propaganda from the state media.

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Court again Blocks Philippines Cybercrime Law

The Philippine Supreme Court has again stopped the government from enforcing a controversial cybercrime law, officials said Tuesday, amid concern it would severely curb Internet freedoms.

Justice Secretary Leila de Lima said a fresh "temporary restraining order" (TRO) issued by the Supreme Court meant the law passed last year could not take effect.

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