Microsoft Corporation (NASDAQ:MSFT) has hired viral YouTube sensation Paul “Bear” Vasquez, also known as the Double Rainbow guy to do an ad for them. The original Double Rainbow video has over 15 million views on YouTube and the auto-tuned remix of Double Rainbow has close to 9 million YouTube views.

Dell Inc. (NASDAQ:DELL) decided to back out of an acquisition deal of cloud data storage company 3PAR after there was a bidding war with Hewlett-Packard Company (NYSE:HPQ). Dell said that they will not increase their $2 billion proposal for 3PAR. As part of the deal, Dell is entitled to a $72 million break-up fee from 3PAR.

Apple Inc. (NASDAQ:AAPL) had some talks with Facebook before launching the iTunes music social network called Ping. At one point Facebook integrating music into their social network through a partnership with Lala, a company that Apple ended up acquiring and shutting down.

Nathan Nabors is suing Google Inc. (NASDAQ:GOOG) because he is claiming that the Nexus One failed to maintain 3G connection around where he lives in Florida. He is seeking damages and a class action for residents in Florida and California who have purchased the Nexus One.

AOL has renewed a search engine deal with Google Inc. (NASDAQ:GOOG). AOL’s five-year partnership with Google ranges across more properties than the previous deal they had with the search engine company. Google will provide search technology and search advertising to AOL Search. The deal also includes global search, mobile search, and video distribution with YouTube.

The Samsung Galaxy Tab tablet device final specs are have been released. What we know is that it will have a 7″ screen and will run on Android 2.2 (Froyo). The device will also be DivX certified.

Digg has hired Matt Williams as the new CEO. Williams replaces interim CEO Kevin Rose and former CEO Jay Adelson. Before Digg, Williams worked as an executive at Amazon.com.

Apple Inc. (NASDAQ:AAPL) has announced a new line of iPods today. We are going to focus on the new iPod Touch first and then we’ll talk about the new iPod Nano.

The new iPod Touch has a Retina screen and dual camera. The new screen is the same as the iPhone 4 (960×640 and 3.5″). The rear camera on the new iPod Touch records in 720p and takes pictures at 960×720.