Time Warner Cable recently announced that it would begin subsidizing the Slingbox set-top box for Wideband Internet service subscribers. Slingbox lets you watch your cable television service over the Internet on any other TV its hooked up to. Most cable programmers argue that use should be restricted to one household. In other news, Google recently agreed to pay out $500 million dollars in a lawsuit that alleges the company knowingly accepted illegal pharmaceutical ads. The AdWords listings were for Canadian online pharmacies that unlawfully imported drugs to U.S. consumers. The settlement is the largest ever made by a U.S. company. And finally, Reuters recently reported that Apple plans on releasing a cheaper version of the iPhone 4 aimed at emerging mobile markets. The phone will have an 8-gigabyte flash drive and serves to compete against Nokia’s international handset dominance.
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