YouTube gets links to high-definition videos It already offered HD videos, you just had to use a simple hack to access them. In other YouTube news, the company is offering a new service for adding sound to videos you upload.

Valley investor Del Biaggio nailed with fraud charges — William Del Biaggio, a high-flying investor who forged his way to tens of millions, has been permanently banned from being an investment advisor; now he faces fines and imprisonment.

“Second Life’s second wind” (of press coverage?) — Forbes takes a look at the once-hyped virtual world’s latest efforts to stay relevant.

Korean government plans to invest $200 million in video game industry
— It hopes to accelerate the already strong industry’s growth to compete with Japan and the U.S.

Digital media software maker RealNetworks lays off 130
— More on the company blog, here.

EDS chief to retire — Hewlett-Packard bought tech services giant Electronic Data Systems, Inc. for $13.25 billion earlier this year. Now, EDS chief executive Ronald Rittenmeyer plans to retire.

Supply-chain company acquisition called off
— I2 Technologies was planning to acquire JDA Software Group in a $346 million deal, but now it’s not going to happen due to lack of financing.

Google putting more ads on pages
— According to a report by search marketing agency AdGooroo.

Bad guys winning internet security battle
— Software written to extract information like credit card numbers is becoming more prevalent; efforts to stop it are failing, as this in-depth New York Times article examines.

A closer look at why some social networks have failed — They didn’t offer things people wanted, or they were copycats who missed the market opportunity, basically.

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