Google bought video sharing site YouTube for $1.65 billion today. Critics of the deal say it could cost them that much in copyright lawsuits, but other deals today make that less likely. Janet Babin explains.
The 2006 winner of the Nobel Prize in Economics was announced today. Edmund Phelps of Columbia University is $1.4 million richer for adding to what we know about jobs and inflation. Scott Tong reports.
Preventing software theft has been an expensive problem for the tech industry, but Microsoft may have found a way to out-clever the most clever pirates with its new operating system. Lisa Napoli reports.
A bill passed by Congress would ban most Internet gambling in the U.S. by making it illegal for banks and credit card companies to pay out. Shares in the UK's online gaming firms plunged on the news. Stephen Beard reports.