IE7 is close to official release. Apple settles with Creative for $100 million. Lucent and Alcatel seek US approval for its merger. How much would it cost to buy YouTube? News.Com says at least $1 billion.

"The viral video space is so hot right now; it's like Hansel from the movie 'Zoolander,'" said Aram Sinnreich, managing partner of RadarResearch, referring to the 2001 comedy about competition in the modeling business. "I wouldn't be surprised to see (online video market leader) YouTube receive a bid of $1 billion. Whether the company is worth it is another question."