Motoring: Porsche unleashes 408-hp all-wheel-drive Carrera 4 GTS for $125,700

Building on the well-received Carrera GTS, with its extra power, visual panache and extensive extras for an attractive price, Porsche AG today announced the Carrera 4 GTS. A 408-hp coupe or cabriolet with intelligent all-wheel-drive designed for all seasons and all road conditions, the Carrera 4 GTS wraps an aggressive wide body around a long list of performance, comfort and cosmetic enhancements.

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Google unveils cloud music and video rentals, outs unified Android OS

Google's gone on a cloud offensive by ushering new movie and music streaming cloud services, the Android Ice Cream Sandwich (we're serious) OS that will unify tablet and smartphones into a single interface and a series of home automation and peripheral tool framework that will allow developers to integrate Android devices to such appliances as  exercise machines and a two ton labyrinth. Hit jump for the full release of Google I/O 2011.

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Adobe's Photoshop Touch apps now available for iPads

None of these are Photoshop for the iPad but a trio of Photoshop Touch apps that integrate with Adobe Creative Suite 5.5 are now available in Apple's app store. Adobe Color Lava, Adobe Eazel and Adobe Nav – for Apple iPad were developed using the Photoshop Touch Software Development Kit (SDK) to demonstrate the potential for new interaction between Photoshop and tablet devices. Full press release follows.

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Breaking News: Microsoft buys Skype for $8.5 Billion

By Gadjo Cardenas Sevilla

Microsoft has acquired internet telephony service Skype for a whopping US $8.5 Billion. A Wall Street Journal report  early today confirmed the Redmond software giant had beaten the likes of Facebook, Google and Cisco who were vying to purchase Skype from its previous owner eBay.

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