If you're going to sell a PC for teenagers it's probably best not to emulate their, uh, financial habits, ok? Apparently suffering from cash flow/allowance problems, Digital Lifestyles Group, the company behind the hip-e PC for teenagers, has received notice from Microsoft that they were terminating the company's Windows XP license because of overdue royalty payments. Microsoft offered them a repayment plan, but they don't have enough money for that, either, admitting in an SEC filing that unless they can find some additional financing for the company post-haste they're going have to stop selling the hip-e (at least with Windows XP on it), something that is probably going to make it pretty dang hard for them to raise the money they need to stay in business. We're sure teenagers everywhere are devastated.

[Thanks, Marc]