Here's the latest action:
IBM buying Coremetrics -- The computing giant says it will buy the smaller company, which scouts out and aggregates consumer reviews of products and services so that its clients can optimize their offerings. It's another milestone on IBM's acquisition roadmap.

Obama holds press conference on oil spillReactions to President Barack Obama's speech on the oil spill delivered tonight have been tepid at best. Even left wingers are saying that he didn't convey a clear plan of action, nor enough support for energy legislation, despite bombastic language. A rare misstep for the president?
iPad hacker arrested for drugs -- The 24-year-old hacker that exposed a vulnerability in an AT&T website geared toward iPad users has been taken into custody for possession of drugs that were found during an FBI search. Cnet has more.
Google TV revealed -- Since the search company announced its nebulous new television product earlier this year, there have been a lot of questions about what form it will take and how difficult it will be to use. Now Google has posted a brief video walking viewers through exactly what Google TV will look like.
Nokia wants to give Apple, Google a run for their mobile money -- The world's largest handset maker says it will be rolling out a line of brand new smartphones in an attempt to compete with the iPhone and Android phones, which are eating up market share.
Belkin announces new power savers -- Energy management company Belkin says it is coming out with four new additions to its Conserve line of devices that reduce the amount of power wasted by electronics and appliances. Earth2Tech takes a closer look.