Of course, Sony will probably still have to follow the precedent it set on PS3 by offering multiplayer and video streaming without a subscription, thus putting even more pressure on developing robust, valuable offerings to justify yearly fees.

FORBES: Playstation Plus Could be a Vital Part of the PS4

Time Warner has buckled under legal pressure from TV networks and pulled 11 channels from its live streaming iPad app, or one third of the previously available channels, Dan Frommer at Business Insider reports.

FORBES: Morning Tech Wrap: Google, Microsoft, Samsung