Update to Microsoft story: news has just come out about the product described below, officially named Surface. It’s a lot bigger than the iPhone, but uses similar multi-touch technology. Here is the press release and here is our write-up.
(original story) Our sister site last100 reports on the imminent unveiling of Microsoft’s multi-touch technology — code-named ‘PlayTable’ — which could prove to be the company’s answer to the iPhone. Also known as the Milan Project, the technology is designed to “allow users to navigate and manipulate data inside a browser or application using gestures”, says Mary Jo Foley. “Think pinches, pushes, waves, etc”. Even more intriguing is that the announcement could come as early as tomorrow, when Bill Gates is set to take the stage with his old rival, Apple CEO Steve Jobs, at the Wall Street Journal’s D: All Things Digital conference.

In another post, last100 reviews Babelgum – a peer-to-peer online video service founded by Italian billionaire Silvio Scaglia, which like Joost (see last100 review), aims to combine the “lean-back experience” of television with the interactivity and social elements of the web. And while further comparisons are inevitable — the two programs have a similar minimalistic interface, and both are designed to run in full screen mode so as to deliver a television-like experience — Babelgum hasn’t generated nearly as much hype as Joost, and currently a closed beta, is a lot further behind in the development cycle.

Check out more digital lifestyle news at last100, Read/WriteWeb’s first network blog.