msft

Before the bell: As oil hits record high, dollar record low, futures slip

Just as Apple Inc. (NASDAQ: AAPL) announced it has sold its one millionth iPhone, the unlocking movement hit its mark too with iPhoneSIMfree and others trying to unlock the the iPhone. Engadget reported yesterday that iUnlock, the first free, open source iPhone SIM unlock app, was released to the underground. iUnlock was developed by the iPhone Dev Team, but is still too complicated, apparently, to become a widespread use.

While the newswire tells us that Adam Bosworth, the executive in charge of Google's (NASDAQ: GOOG) health-information push, has left the company, the blogosphere is buzzing with a leaked Google video that discusses Google Reader and the company's social efforts

California asked the federal judge overseeing Microsoft's (NASDAQ: MSFT) antitrust oversight agreement to extend a section of it requiring Microsoft to create a Microsoft Communications Protocol Program, or MCPP, to allow rival operating systems to communicate with Windows by three years to 2012.

Yahoo Inc (NASDAQ: YHOO) won an exclusive partnership with Bebo to manage display advertising on the social networking Web site in Britain and Ireland. The site has an estimated 11.6 million users in the two countries and 38 million users worldwide.

Lehman Brothers restarted coverage of Time Warner, Inc. (NYSE: TWX) at Overweight, as the prospects of a structural transformation into a simpler content/advertising story could increase over the two years. The broker added several potential logical moves including the eventual public floatation of minority stake in AOL could become catalysts at current valuation.

Sony Corp (NYSE: SNE) said it will launch four models of new Blu-ray high-definition optical disc recorders in November in Japan, as its format battle with the HD DVD camp heats up.