Japan's Sony Corp. and Toshiba Corp. are close to finalizing a plan to develop a common standard for next-generation DVDs to resolve a three-year-long battle over formats that threatened the industry's growth, a Japanese newspaper reported Monday
Both sides have indicated that a new, unified format will use Sony's technology for recording information onto an optical disk while Toshiba will supply software that will handle efficient data transfer and copyright protection.
But then, there was also a contradicting post....which says Toshiba Denies Blu-ray.
Contrary to our last report, heres an update on the joint venture by Sony & Toshiba to adopt a DVD standard. So disregard the post under this one, or disregard the one above it. Whichever suits you. Sources are confirmed respected news outlets, which makes it all the more weird having 2 conflicting news reports within the space of minutes!
What is happening out there ?
Source : neowin.net