Though Microsoft's 'Argo' (now known to be bearing the name 'Zune') is most assuredly a shot at the iPod, it may not be going after the handheld gaming market. Gamespot explores rumours stating that the 'Zune' is simply a first step on Microsoft's road into that particular sector of the games industry. From the article: "The Zune could also just be the first step towards something bigger. People are already speculating about Xbox 360 integration with the device, beginning with streaming audio, like the iPod currently does. But add a few buttons, a thumbstick, and a little more horsepower, and the Zune could soon be singing gamers' tunes." I'd imagine we'll see some simple Xbox Live Arcade style games, which will impact your Xbox gamertag via Live Anywhere. With Vista pushed out to January, they've got to have something to show this Christmas.

phaedo00 writes "Ars Technica has put up a great review of the first full release of Parallels' virtualization software for OS X, Parallels Desktop 1.0. From the article: 'Move over emulation, virtualization is in and it's hotter than two Jessica Albas wresting the devil himself in a pit of molten steel. It's no contest, virtualization has it all: multiple operating systems running on the same machine at nearly the full speed of the host's processor with each system seamlessly networking with the next. Add to that the fact that it's cheaper than getting a new machine and you have the guaranteed latest craze. Not even the Hula Hoop can stop this one.'"

blamanj writes "Apple has joined the list of over fifty companies (most in Silicon Valley) that possibly mishandled stock options by backdating them. The technique is not illegal, but it can cause a company to improperly deduct employee compensation expenses and result in an underpayment of taxes. So far, Apple is conducting the investigation itself, but it has notified the SEC."

theodp writes "Just in case Microsoft bashers don't have enough ammo, Robert X. Cringely has a couple of interesting tales in this week's column. The first explains how Bill Gates used Paul Allen's moonlighting at MITS to justify awarding himself 64% of Microsoft's stock vs. Allen's 36% (and Gates' failure to adjust the shares after he accepted a $10/hour part-time MITS job). The second heart-warming tale concerns a conversation Allen reportedly overheard late one night (as he was finishing up DOS 2.0) between Gates and Steve Ballmer discussing how to get Allen's Microsoft stock back if the Hodgkins disease Allen was battling killed him. Yikes."