Asia

Disproving the adage that 'no publicity is bad publicity', a company today disowned a flood of emails that was apparently crafted to boost its stock price. Pay88 Inc claimed that it was an innocent pawn in an apparent 'pump and dump' scheme' run by unknown spammers.

The unwanted emails began appearing in inboxes on July 14, the company complained in a statement to the media.

A price cut is 'likely' for Sony's PlayStation 3 games console this month, say leading analysts in Tokyo.

Who makes the iPhone? If you answered 'Apple', you're wrong. The iPhone is a global effort. Tens of thousands of people at more than 30 companies on 3 continents work together to make Apple's first phone possible.

Apple, of course, designs the product, and also created the single most important 'component' – the software that gives the iPhone its unique personality.

One month after tens of thousands of PCs in China were disabled by a bug in its Norton antivirus software, Symantec has offered to compensate the owners. However, the compensation – more copies of the software that caused the problem – has sparked outrage on some online forums.

Samsung has introduced a new high definition 70-inch LCD TV with dynamically-controlled LED backlighting that provides a contrast ratio of 500,000:1 and can halve power consumption, the company has announced. The new display was launched in South Korea today, and will go on sale worldwide in the second half of the year.