Reuters - The Instinct, Sprint Nextel Corp's answer to the iPhone, will sell for $130 after rebate, Sprint said on Wednesday.

AFP - Soaring oil prices are hitting the world economy but could prove a boon for the Internet, the vice president of Google said Wednesday.

AP - Badminton matches look so real playing on Hyundai's new 3-D TV that you may reflexively dodge the virtual shuttlecock. A polar bear pawing the glass of his tank may seem to be inside the TV pushing on the screen.

AP - Sprint Nextel Corp. will be taking on the iPhone with a lower price for its own touch-screen smart phone, the Samsung Instinct.

AFP - Mozilla on Tuesday released an improved version of its Firefox web browser that has gained popularity as a free alternative to Microsoft's ubiquitous Internet Explorer.

Reuters - Morgan Stanley raised its price target on Apple Inc shares to $210 from $185, saying it expects the company's iPhone unit sales to double in 2009 at the new $199 price point.

Reuters - The video game industry is expected to shoot from $41.9 billion in global sales last year to $68.3 billion in 2012, a compound annual growth rate of 10.3 percent and better than all other media sectors except for online advertising and access.