MLC FLASH NEWS

NEW YORK (Reuters) - The high price of gasoline has some U.S. drivers looking to the future.

LOS ANGELES (Reuters) - Microsoft Corp plans to cut the price of its best-selling Xbox 360 Pro model by $50, to $299 in the next few weeks, the Hollywood Reporter reported citing anonymous sources.

PARIS (Reuters) - A court in France ordered eBay Inc to pay 38.6 million euros ($61 million) to luxury goods group LVMH for allowing the sale of counterfeit goods on its online auction site.

SEOUL (Reuters) - South Korean display maker Samsung SDI Co said on Monday it would boost production of next-generation organic displays to six times the current level by mid-2009, spending $529 million.

NEW YORK (Reuters) - Digital music seller Rhapsody is launching a $50 million marketing assault on Apple's iTunes, offering songs online and via partners including Yahoo Inc and Verizon Wireless, Rhapsody said on Monday.

SEATTLE (Reuters) - Steve Ballmer has been CEO at Microsoft Corp for eight years, but he will finally get to move into the corner office vacated by Bill Gates, the college friend who brought him to the company nearly three decades ago.

DENVER (Billboard) - Releasing a single for digital download before an album’s debut is about as standard these days as making it available to radio.

LOS ANGELES (Reuters) - Aerosmith fans can finally get
their chance to step into the shoes of Steven Tyler and Joe
Perry as video game developer Activision Inc released its
Guitar Hero: Aerosmith game on Friday.

REDMOND, Washington (Reuters) - Bill Gates said a teary goodbye on Friday to Microsoft Corp, the software maker he built into the world's most valuable technology company based on the ambitious goal of placing a computer on every desk and in every home.

Then you’ll want to download the free Making of Bruce & Lloyd Out of Control. The short, now available on iTunes, offers a behind-the-scenes look at the hilarious new film that parallels the Get Smart movie. It features Bruce (Masi Oka of Heroes) and Lloyd (Nate Torrence of Studio 60 on the Sunset Strip) as they conjure up inventions for use by unsuspecting CONTROL agents.