Here’s the latest action:
Joystiq reports rising Xbox 360 defects — Errors with the E74 code have been rising since the New Xbox Experience update on Xbox Live, according to a survey.
Windows Live Messenger adds chat to websites — In the words of TechCrunch’s Erick Schonfeld, “AIM, the ball is in your court.”
MySpace brings in Fotoflexer to allow photo customization — Up until this point, those features have only been available through third-party photo-editing tools.
Sohu files for an IPO — The Chinese Internet company is hoping to raise up to $120 million on the Nasdaq Stock Market.
New E3 show is 90 percent sold out — At least when it comes to the video game conference’s space for exhibitors.
Intellectual Ventures cuts licensing deal with Indian university — The move ties into the firm’s broader strategy to support innovation around the world, according to Xconomy.
Wesabe launches SpringBoard platform for banks — The platform takes Wesabe’s personal financial management tools and offers similar services to banks and credit unions.
VentureLoop adds job widgets — The widgets should make it easier for venture firms to advertise job openings at their portfolio companies.
Storage manufacturer LaCie acquires online storage provider Wuala — The terms of the deal were not disclosed .
Gamers buying prepaid currency cards for themselves, not their friends — Eighty percent Ultimate Game Card buyers purchase the cards to spend on virtual goods later, rather than as gifts for friends or family, according to a survey from PlaySpan, the makers of Ultimate Game Card.