Microsoft will take another swipe at the iPod on Wednesday when it launches the latest version of the Zune media player. After three years and untold millions spent on the line, Microsoft’s hopes of cutting into iPod’s big lead are now on the Zune HD, with its 3.3-inch multitouch screen, streaming-music feature, and the ability to playback video, with the help of an HDTV, in 720p. A 16GB Zune HD is available at retailers [...]

A new Xbox 540 will be released in autumn next year, 2009, at least that’s what everyone is saying. Rumors have it that the new Xbox model will be a slimmer version of the current 360 and will be quicker and quieter, similar to the PS2 slim systems. From Taiwan, the system will get the Valhalla chip, it’ll will be combining the processor with graphics which can enable the system to be slimmer.