Here's the latest action:
In Buffet we trust -- Billionaire Warren Buffet's Berkshire Hathway group is investing $3 billion in General Electric. Why the investment? GE is the "symbol of American business to the world," Buffet told VCCircle. That's the spirit in a troubled economy -- or is it bottom-feeding?
New data on M&As and IPOs -- Mergers and acquisitions activity and initial public offerings of venture-backed companies are on pace for the lowest levels this decade, according to data from Dow Jones VentureSource. This seems in line with what we said earlier about the IPO market being the worst it's been in 30+ years.
Mac laptops continue to gain share -- Portable computers made by Apple accounted for some 20 percent of retail notebook sales during July and August in the U.S., according to data from NPD. With new ones likely due soon (more on that at the bottom of this post), expect this growth to continue. Register Hardware has more.
Nintendo's rumored Wii follow-up -- The video game maker is said to be working on the follow up to its massively successful Wii console. It's set to hit the market by 2011, according to the blog What They Play. Nintendo just outlined the new DS portable gaming system as well.
Acquia launches enterprise-class support for Drupal -- The company that is behind the open-source Web content management system (CMS) appears to be making it slightly less open source for this particular version, according to CNET's The Open Road.
Microsoft still trying to pay users to search -- SearchPerks gives users points for each search performed on Live search. You can redeem these points for stuff. I guess it's better than straight up paying people, but it's still awfully pathetic. Make that best product Microsoft, that's how you win, not by paying users. The Inquisitr has more.
GameStop buys Micromania for $700M -- The video game retailing giant is buying the French gaming chain to bolster its brand in the region. Gamespot has more.
Glam teams up with GumGum -- The two can now offer free legal images across Glam Media's publishing network, according to TechCrunch. Glam + GumGum? Golly gee that's great.
Blizzard beats the bots with a lawyer combo -- The World of Warcraft creator if successful will get $6 million from the makers of a software bot, which automates many parts of the online fantasy game. The BBC has more.
EA kills Tiberium -- The squad shooter based in the Command & Conquer universe was originally delayed until 2010. Now, it's a goner. Kotaku has more.
Jaxtr gets premium memberships -- Best international call rates, priority customer service, personalized contact pages, global online voicemail and the ability to forward voicemails to email are all part of the package for the company that links your phone to the web.
More fake MacBook Pro photos? -- The event for the launch of the new laptops is rumored to be coming up in less than two weeks. Could the picture below really be what they look like? Probably not, but it's much better than the first attempt. Cult of Mac also has a rumored promo shot.
