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Macworld UK reports that iLife '10 will be released most likely next month



iLife 09, which includes iPhoto, iMovie, iDVD, GarageBand and iWeb, and is bundled with every new Mac, was last updated at the start of 2009. A new iLife 10, or even iLife 11, will be released on 7 August 2010, according to French Mac enthusiast site Mac4Ever.com. The update will include 64-bit compatibility and a "nouvelle application (mystère !)."
  Report: New Apple iLife coming 7 August