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Last updated on April 17, 2014 at 11:32 EDT

Business News Archive - August 23, 2005

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Japanese electronics giants Sony and Toshiba have failed to agree on a unified format for next-generation DVDs, according to a newspaper report Tuesday. Sony's Blu-ray disks have a more sophisticated format and play back 25 GB of data compared with HD DVD's 15, but are more expensive to produce.