By YURI KAGEYAMA, AP Business WriterMon Mar 26, 8:51 AM ET

The Japanese broadcaster Fuji TV sued former dot-com luminary Livedoor on Monday for $292 million in damages over losses it absorbed after buying a stake in the since disgraced Internet portal company.

The lawsuit, filed by Fuji Television Network Inc. in Tokyo District Court, seeks compensation for the loss in value of nearly 134 million Livedoor shares the Tokyo-based broadcaster bought in 2005 for 44 billion yen ($373 million) as part of an alliance.

Fuji took a substantial loss when it later sold the shares to Livedoor’s new partner, Usen Corp., for about 9.5 billion yen ($80.5 million).

Livedoor Co. shares plunged after the company was raided by prosecutors last year, its top executives were arrested on charges of securities laws violations, including falsifying earnings, and the shares were delisted.

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This should read as an ominous warning…

ohn Blau, IDG News Service

M:Metrics plans to extend the service to Germany, France, Spain and Italy later this year. The goal is to have about 1,000 people using the application in each market.

Mobility By Mark Raby Monday, March 26, 2007 09:14 Los Angeles (CA) - Helio today announced its latest cell phone, which it claims is the world’s first to include both a Qwerty keyboard and a numeric keypad. The phone, named the Helio Ocean, uses 3G cellular technology for wireless entertainment and communication. It has a 2.4 inch, 260K color QVGA screen, a 2 megapixel digital camera, and playback capabilities fr MP3, AAC, WMA, and MPEG4. It comes with an internal memory of 200 MB and a micro SD card slot, which allows for up to 2 GB of additional storage. In another rarity for a phone, the Ocean also has a built-in USB port for transfer of music and video files directly from a computer. It also has advanced e-mail and messaging features, including a universal hub for six different e-mail programs (Yahoo, AOL, Hotmail, Gmail, Earthlink, and Helio’s proprietary e-mail application), as well as support for all major IM programs. The Ocean can also alert users about when their friends are online, regardless of the instant messenger being used. The Ocean is set for release later this spring and will carry a suggested retail price of $295.

Several days ago, DailyTech reported that researchers at Britain’s BSM driving institution conducted a study that revealed gamers who play driving games tend to drive faster in real life. more »

Engineers at PureDepth Inc. spent years developing tools for helping the military plot 3-D maps of war zones, eventually licensing top-secret technology to the U.S. Air Force and Navy. more »

claimed Sony Australia deputy managing director Carl Rose in a January press release based on figures from market research group GfK. “Consumers and retailers alike are showing their increased understanding of which technology is best for a future that’s in high definition.”