Philips has been getting a lot of press recently over their plans to develop teeny tiny optical discs which could one day hold gigabytes of information and effectively replace the DVD. The first fruits of their research is the 3cm disc which can hold 1 GB.

What a shame that this comes at the same time as DataPlay – another company famous for trying to introduce teeny tiny discs – has announced that it is out of cash and looking for rescue.