Apple 10281 Published by Bob 0

Apple's home entertainment center hub, Apple TV, is finally on its way to customers.
Apple TV streams content from iTunes on your computer and movie trailers from Apple.com to your television through Ethernet or wireless networks. It supports the new 802.11n wireless prestandard, includes a 40 GB hard drive for storing content from your Tunes library, and includes its own Apple Remote.

Apple TV Set to Ship

Apple 10281 Published by Bob 0

The Walt Disney Co. said Friday that while stock-option awards to some employees of Pixar Animation Studios were backdated, no one associated with Disney today -- including board member Steve Jobs -- deliberately did anything wrong. Federal prosecutors and the Securities and Exchange Commission are looking into the backdated grants made to key Pixar employees several times between 1997 and 2006.

Disney Clears Jobs, Others of Willful Wrongdoing

Apple 10281 Published by Bob 0

In the wake of its backdated stock options troubles, Apple is offering affected employees the chance to amend their past options and receive cash payments to avoid related tax penalties, according a regulatory filing Friday. Apple said it sent an e-mail to affected employees, offering them the chance to modify the exercise price in accordance with the company's designated schedule.

Apple Offers to Fix Employee Stock Options