Afternoon News: Harry Potter Is Too Close for Comfort, DirecTV Breaking Promises?, Best Buy's Profits Soar and More

• Daniel Radcliffe, a/k/a Harry Potter, just bought an apartment in Manhattan. Coincidentally, it's only four blocks from our NYC headquarters. Luckily we have our own Dark Lord Balthazaar to protect us from his spells. [Gridskipper]
• Less than two weeks remain for DirecTV to add 15 more HD channels in order to reach their promise of 100 by the end of 2007. Hope you like the sound of Drying Paint HD, Growing Grass HD and Water Boiling HD, DirecTV customers. [Broadband Reports] [Thanks, Erin!!]
• Toshiba is joining IBM, AMD, Samsung, and others to work on 32nm chip technology. Now the alliance is just an wind, fire and heart away from summoning Captain Planet. [Reuters]
• XM Satellite Radio has settled its lawsuit with Universal Music Group over the time-shifting recording capabilities of XM's Inno player. Surprisingly, the terms still allow for the creation of more time-shifting devices. [Digital Trends]
• Best Buy's profits spiked 52% this quarter, due to fewer promotions on flat-panel TVs. Thanks a lot, Best Buy. [Market Watch]