Apple has released a new update to its iTunes software this morning, which adds video support to the application.

Optodisc Technology, an optical disc maker specializing in DVD discs in Taiwan, will invest NT$1.0 billion (£17m) to expand its monthly production capacity to 50 million discs, including DVD+R/-R, DVD+RW/-RW and DVD-RAM, in the fourth quarter of this year, according to company president Jasper Chao at an institutional investor conference on May 11.

Toshiba have announced the development of a triple-layer HD DVD-ROM (read-only) disc with a data capacity of 45 gigabytes, 50% more than the 30-gigabyte dual-layer HD DVD-ROM disc already announced.

Thanks to DVD guru Flash we have a new review of Datawrite's Optima Blue. As predicted, this new product from Datawrite has lived up to the markets’ expectations and set a new precedent in terms of quality, compatibility and unbeatable performance. Utilising the widely sought after Grade AAA+ Ritek Go5 dye, the Optima Blue is a winner…they must be good because Flash concludes "I will give this media another thumbs up"!

Plextor today announces the launch of the PX-740A, an internal E-IDE, dual-layer, DVD and CD re-writer drive.

Claims that moves to unify the two key competing HD video disc formats are progressing to a successful conclusion are "unfounded and erroneous", Toshiba said today.

The specifications of Microsoft's upcoming Xbox 360 console have been leaked a couple of days before the upcoming launch event on MTV.

A group of British men prosecutors said was part of one of the world's largest software-piracy rings on the Internet was sentenced to jail Friday, the latest turn in a 3-year-old criminal probe.

Google has launched beta software that the company says will speed up the time it takes to search the Internet and to load web content.

Ritek, the second largest optical disc maker in Taiwan, on May 4 stated that its revenues of NT$2.05 billion for last month were the highest monthly level since May 2004. On May 4, Prodisc Technology, a leading second-tier maker in the industry, obtained a five-year syndicated loan of NT$3.4 billion.

Yahoo have said its video search service that helps Web surfers find such things as news clips, music videos and movie trailers from such sources as CBSNews.com, MTV.com and IFILM.com is now widely available to the public.

After a few piracy-free months, PSP has finally been cracked open by persistent hackers, with ISO files of Vampire Chronicles, Ridge Racer and Wipeout Pure having now been 'released' on to the internet.

Press Release: Rimage, a manufacturer of high-capacity commercial CD/ DVD publishing equipment, recently announced the launch of its new desktop model, the Rimage 360i, designed exclusively to meet the needs of the small business.

A new company is promising to shake up the DVD rental market in Ireland by setting up kiosks in convenience shops and workplaces. Customers can choose from a selection of films which are dispensed automatically from the Cinematic machines when credit card details are provided. The films must then be returned within 24 hours.

CMC Magnetics and Ritek, the top two makers of optical discs in Taiwan, as well as five second-tier producers all witnessed net operating losses for the first quarter of this year, ranging from NT$83.2 million to NT$441.1 million, according to the respective first-quarter financial reports published recently.

Press Release: Sony is expanding its lineup of award-winning DVD burners with a pair of new drives that support 4X DVD-R Dual Layer (DL) recording.

There will be 22.9 million DVD recorders and 91.5 million DVD players shipped around the world this year, according to a projection released late last week by the Market Intelligence Center (MIC) under the Taiwanese government-sponsored Institute for Information Industry (III).

Press Release: Alera Technologies is introducing its new 1:3 DVD/CD Auto Copy Tower standalone DVD/CD Auto Loading Duplicators that copy up to 180 DVDs at up to 16x, unattended, with no computer required.

Games on mobile phones are about to take off, just like console gaming did, says industry veteran Greg Ballard.

A UK website is to offer the internet's first legal film download service. Wippit, which already sells music downloads, has announced plans to provide movies that users will be able to keep, from this summer onwards.