Here's the latest action:
Stepping up the intervention? The U.S. and the United Kingdom are converging on a similar solution to save the global economy. The nations may begin working together to come up with a new plan to stave off a global economic meltdown. Following the Dow's fall, Asian markets reacted with panic: Japan's Nikkei 225 index closed down 9.62 percent. Benchmark indices in other Asian countries were down 4 percent to 8 percent.

IBM sees earnings light in the darkness -- Despite the sad state of the economy, IBM saw its third quarter net income rise to $2.05-a-share, 3 cents higher than analysts’ estimates, according to The New York Times. These results were announced after the market closed today. Not surprisingly, IBM's stock is higher in after-hours trading.
New MacBook spec(ulation)s? -- Cult of Mac has put together a list of feasible specs for the new MacBook set to be unveiled on Tuesday. Nothing all that wowing, mostly design and price changes.
RIM ripe for a takeover? -- The maker of the BlackBerry device has seen its stock price drop dramatically over the past several months. Reuters speculates that Microsoft could be interested in buying them if the stock continues to fall.
Twitter adds replies to mobile site -- Twitter's native mobile site is still pretty lame, but at least now you can actually use the communication tool to you know, talk to people.

South Park is getting an iPhone app -- Stream clips, get wallpapers, read news about the show. It all sounds pretty basic, but it looks cool. And it's undoubtedly funny. Boing Boing has the images.
The Intel and AMD war spreads -- The two chipmakers are now fighting over AMD's plans to make the Foundry Company with the help of the Abu Dhabi government. Intel thinks such a venture could effect licensing agreements. The Bits blog has more.
Advanced Gmail IMAP controls -- Gmail Labs has been pumping out new features, but now it has one that is more useful that a drunk email preventer. Advanced IMAP controls allow users to tailor which labels and boxes to send via IMAP. The Gmail Blog has more.

A new 13-inch MacBook on the Apple invite? -- The invitation for Apple's event to unveil the new MacBooks on Tuesday appears to feature an all-metallic 13-inch notebook -- which currently doesn't exist. MacRumors has more.
Investor wants Microsoft to buy Yahoo for $22-a-share -- You knew this was coming. As Yahoo's stock continues to plummet, the wolves are coming out. Consider the dead horse kicked.