Virtual dollars trading for U.S. currency

By CNET News.com Staff
Staff Writer, CNET News

Linden Research's online role-playing environment "Second Life" is developing a life of its own, offline. Linden Labs CEO Phillip Rosedale points to a community of people who have started businesses making and selling goods and services specifically for this virtual-reality world.

"The Linden dollar currently trades for 230 to 1 against the U.S. dollar," according to Rosedale. In this video, correspondent James Hilliard takes a closer look at "Second Life" and its latest animation upgrades, released last week.

Latest tech news headlines

FanSnap--another way to find cheap concert tickets
Posted in Digital Noise: Music and Tech by Matt Rosoff

November 11, 2009 8:30 PM PST
Microsoft exec: Mac OS inspired Windows 7
Posted in Technically Incorrect by Chris Matyszczyk

November 11, 2009 7:15 PM PST
Apple updates Safari for security
Posted in The Download Blog by Seth Rosenblatt

November 11, 2009 6:17 PM PST
See all headlines

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

More feeds available in our RSS feed index.

Markets: Market news, charts, SEC filings, and more; Related quotes; Dow Jones Industrials (0.00%) 0.00 10,291.26; S&P 500 (0.00%) 0.00 1,098.51; NASDAQ (0.00%) 0.00 2,166.90; CNET TECH (0.00%) 0.00 1,579.76

Inside CNET News

Scroll Left Scroll Right

Nanotech - The Circuits Blog
AMD: Our claims about Intel have been 'ratified'
CEO Dirk Meyer cites action by EU and the lawsuit filed by New York's attorney general as confirmation of AMD's allegations of anticompetitive behavior by its rival.
Gallery
Images: Firefox through the ages
Technically Incorrect
Microsoft exec: Mac OS inspired Windows 7
Simon Aldous, Microsoft's Partner Group Manager, says that they looked at the Mac and its graphical nature and ease of use and tried to create "a Mac look."
Beyond Binary
Bing getting a fall refresh
Microsoft's search engine is getting improved preview results as well as some new health information licensed from Wolfram's Alpha.
Video
Exploratorium's shocking 40th anniversary kicks off
Digital Noise: Music and Tech
FanSnap--another way to find cheap concert tickets
This search engine aggregates second-hand ticket listings from around the Web, including eBay and broker sites, and arranges them on a useful seating chart.
Video
A new workout for the Wii
The Social
Twitter issues mulligan on new 'retweet' feature
Twitter developer chat logs reveal that fresh new feature was pulled temporarily to fix some bugs.
Military Tech
Remote-control gun turrets, made for Italy
Italian defense department orders Hitrole remote-controlled machine gun turrets to enable soldiers in Afghanistan to aim and fire without exposing themselves to attack.
Gallery
Photos: Top-rated reviews of the week
The Car Tech blog
Top 5 car technologies
CNET Car Tech picks the best 5 technologies in modern cars.
Green Tech
Powering cell phone towers with wind
Southern California pilot program to test Helix Wind's small wind turbines to run cell phone towers.