Microsoft has been teasing us with Surface, its upcoming iPad equivalent, for months. The tablet has a 10.6 inch screen, larger than the new iPad's but not Retina-sharp, and has a kickstand to prop it up so you can type with its unique Touch Cover accessory. Now Microsoft has revealed that it costs only $499 ... and that for the same price as the 16 GB Wi-Fi iPad, you get twice as much storage space. Preorders have already begun, and will be delivered on Oct. 26.

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Microsoft (MSFT) is giving consumers two more reasons to buy an Xbox 360 this holiday season. First, all Xbox 360 consoles except the standalone 4GB model without Kinect will receive a $50 price cut for a limited time at all major retailers including Amazon (AMZN), (BBY), GameStop, Target, Toys ‘R Us and Walmart. Second, there are three new holiday bundles that come with some of the best-selling games of the year. The first holiday bundle costs $399.99 and includes a 250GB Xbox 360 and Kinect, Dance Central 2, Kinect Sports 2, Kinect Adventure and a month of Xbox Live Gold. The second is a 4GB Xbox 360, Kinect, Kinect Disneyland Adventures, Kinect Adventures and one month of Xbox Live Gold for

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Google (GOOG) missed its projected profits by a fair margin last quarter, posting earnings per share of $9.03 versus expectations of $10.65 per share and revenues of $11.33 billion on expectations of $11.86 billion. The company had been scheduled to post its earnings after stocks closed Thursday but it instead released its earnings hours early. One big stone around Google’s neck last quarter was its Motorola Mobility unit, which posted an adjusted operating loss of $151 million, or roughly 6% of Motorola’s total revenues. Google’s share price plummeted by 9% immediately after the earnings were released early.

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A Northern California jury on Tuesday found Toshiba guilty of conspiring to fix prices of liquid crystal displays. Customers brought a civil lawsuit against the Japanese company and other LCD providers earlier this year alleging anti-competitive practices. While most other defendants settled the case out of court, Toshiba decided to fight the allegations in a San Francisco federal court. The company will now be forced to return $70 million to consumers who bought various products, and pay $17 million to manufacturers who used its LCD panels. “There was strong evidence that Toshiba participated in the price-fixing conspiracy through communications with other TFT-LCD manufacturers, and that it received future pricing information from its competitors, shared its own future information, and was aware

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