Mountain View, Calif. - In what has become a quarterly ritual, Google on Wednesday again surpassed analyst expectations by posting a fourth quarter profit that nearly tripled its figure from a year ago. [more..]

Dulles, Va. - Despite losing a large portion of its subscriber base, AOL saw its advertising revenue jump 41% last year, Time Warner said on Wednesday. [more..]

White Plains, N.Y. - A teenager sued by the major record labels for copyright infringement on file-sharing networks has accused the labels of collusion, extortion and conspiring to defraud the courts, the Associated Press reported on Wednesday. [more..]

Tokyo - Sony is considering price cuts on its PlayStation 3 video game console, which went on sale in the U.S. in two versions in November for $499 and $599, respectively, the Associated Press reported on Wednesday. [more..]

New York - Wireless carrier AT&T (Cingular) -- along with Travelocity.com and Priceline.com -- has agreed to change its policies when running online advertisements served through deceptively installed programs known as "adware." [more..]

Glendale, Calif. - Movie studio DreamWorks Animation SKG announced that it has ended its exclusive production agreement with Aardman Animations, with which it has released the films "Chicken Run," "Flushed Away" and the Academy Award-winning "Wallace & Gromit: The Curse of the Were-Rabbit." [more..]

Sunnyvale, Calif. - Yahoo has announced plans to launch 100 new websites this year that will showcase various entertainment brands, including video games, TV shows and movies. [more..]

Washington - The majority of U.S. households that receive only over-the-air TV signals (61%) are still unaware that these analog transmissions will be shut off in February 2009, and compel an estimated 22 million households to make some sort of digital transition, according to a survey conducted by research firm ICR Media for the Association of Public Television Stations (APTS). [more..]

Cupertino, Calif. - Apple on Tuesday introduced four new color options for its $79 iPod shuffle portable music player. [more..]

Boston - The number of households with Internet-based digital TV service (IPTV) will rise from less than 6 million worldwide in 2006 to more than 80 million by 2011, but half of these are expected to subscribe to IPTV as part of a bundled broadband package, according to a report from market research firm Strategy Analytics. [more..]

Palm Desert, Calif. - DARTdevices, a developer of connectivity software for consumer electronics devices, announced that it has received an undisclosed investment from Motorola Ventures while introducing its technology at the DEMO 07 event in Palm Desert, Calif. [more..]

New York - The National Football League announced that it will sell a package of video highlights from Sunday's Super Bowl XLI from Apple's iTunes Store the following day on Monday, Feb. 5. The $1.99 download will include a wrap show hosted by NFL Network commentators Rich Eisen, Steve Mariucci and Deion Sanders. The NFL began selling video game highlights packages on iTunes in September. [more..]

Washington - Just a day after announcing a new 10-year pact with American Honda, XM Satellite Radio, a provider of satellite radio service to more than 7.6 million subscribers, said on Wednesday that it has signed a similar deal with Toyota Motor Sales, U.S.A. The latest deal extends the current partnership between XM and Toyota through 2017. XM is the factory-installed satellite radio provider for Toyota and Lexus vehicle models. Toyota said that its annual products of XM-equipped vehicles is expected to exceed one million by 2010. [more..]

New York - Mobile entertainment distributor Thumbplay announced on Wednesday an agreement with major label EMI Music, to sell ringtones from EMI artists direct to consumers. The service will offer both subscription and a la carte purchase options, with ringtones delivered over-the-air and charges billed to a consumer's mobile bill. [more..]

Palm Desert, Calif. [DEMO 07] - Vringo on Wednesday introduced its video ringtones service at the DEMO 07 event in Palm Desert, Calif. The company will offer the service -- which allows users to share short video clips each time they make a phone call -- directly to consumers and together with wireless carriers.  Content will include both user-generated clips and licensed material from TV, movies and music videos. Vringo's service is currently available as an invitation-only private beta. [more..]

Palm Desert, Calif. [DEMO 07] - Mobio Networks on Wednesday debuted its mobile lifestyle portal that provides over 50 applications and widgets based on mash-ups of various Web services at the DEMO 07 event in Palm Desert, Calif. The GetMobio portal includes applications like nightlife listings, and airline, restaurant, movie and golf tee time reservations. Cupertino, Calif.-based Mobio said it will offer 10 versions of GetMobio, tailored to preferences such as "After Midnight," "Urban Trekker" and "Outwitting the Kids." [more..]

Palm Desert, Calif. [DEMO 07] - Brevient Technologies on Tuesday released the public version of its Jyngle mobile group messaging service. The free service allows users to create and join unlimited groups for sports teams, volunteer organizations or even happy hour specials, and send and receive combined voice and text messages to all members of the group. Milwaukee, Wisc.-based Brevient said it will also market Jyngle to businesses for use as a promotional tool. [more..]

Los Angeles - NBC Universal's Bravo cable TV network announced on Wednesday that it has tapped mobile content developer Motricity to create mobile applications for its "Top Chef" and "Top Design" series. Features will include live weekly votes where responses are posted on-air later in the program. [more..]

New York - Atari announced on Wednesday plans to publish "Godzilla: Unleashed," based on the classic Japanese monster movie character, in the fall of 2007. The game is currently in development for Nintendo Wii, DS and Sony PSP. [more..]

Agoura Hills, Calif. - Video game publisher THQ announced on Wednesday that it will publish a version of its Xbox 360 title "Saint's Row" for Sony's PlayStation 3 in the second quarter of 2007. THQ cited sales of the Xbox 360 version of the game for helping to boost its revenue 68% during the second quarter of 2006. [more..]

New York - Take-Two Interactive on Wednesday announced plans to re-introduce its "All-Pro Football" franchise with the release of "All-Pro Football 2K8" this summer for next-generation consoles. The company has not released a sequel in the franchise for the past three years. [more..]