BRUSSELS, Belgium - The European Union fined the software giant Microsoft Corp. a record $1.3 billion Wednesday for charging unreasonable amount for providing software information to its competitors.
Regulators of EU said that the company imposed “unfair prices” till last October to software developers, who wanted to develop products, which is well matched with the Windows [...]

CHICAGO – Indian Automobile major Tata Motors will announce its acquisition of British luxury car units Jaguar and Land Rover from the struggling US automobile manufacturer Ford Motor Co. on March 5 or 6, reported the industry press on Monday.

Land Rover’s Range Rover Sport
(Credit: Land Rover USA)
Top authorities of both Tata and Ford discussed with [...]

Tokyo - Sony Corp, which is the 2nd largest maker of consumer appliances in the world, said that it would acquire a 1/3rd stake in Sharp’s LCD panel plant expected to be complete by March 2010. This is an effort by Sony to cope with increasing demand for flat televisions.
This is the latest move in [...]

In a technical collaboration with the University of Cambridge, Nokia’s “Morph” concept was introduced on Monday. “Morph” is a specific nanotechnology based concept that will bring more flexibility in designing mobile phone devices with transformations in to various shapes in future.

“Morph” is a joint venture research and development concept of ‘University of Cambridge’ and ‘Nokia [...]

LONDON – British billionaire Richard Branson, the owner of Virgin Atlantic Airways, tested a Boeing 747-300 that was partly filled by a biofuel made from babassu nuts and coconut oil, first time of its kind for a commercial aircraft.
Babassu nuts, which were picked from Amazon rainforests, played an imperative role in making biofuel for a [...]

Shanghai - Mozilla, the well known developer of the open source Web browser Firefox, which is the second most widely used web browser only after Microsoft Corporation’s Internet Explorer, has set its target to increase its market share in China by at least twofold this year. China is all set to become the largest Web [...]

Tokyo:
Japanese company Toshiba announced that it had agreed to purchase high-performance semiconductor operations from its rival Sony for 835 million dollars, just a day after losing to its competitor in a tough DVD format war.

The new Playstation 3 control and box are displayed at a Sony Computer Entertainment America news conference in San Francisco, California, [...]

Honolulu - The U.S. war ship “Lake Erie” blasted a disabled spy satellite with a tactical SM-3 missile, which exactly strikes the school bus-sized satellite that was traveling at a speed of more than 7000 miles per hour. It had attained the ultimate target of exploding a tank of toxic hydrazine fuel at a height [...]

Google is now set to hit the video advertising markets with its latest launch of “Video Advertising Program” on Thursday. The company is visualizing for a great time ahead with its arms,”You Tube”, and the existing “Ad-Network”. It hopes to materialize huge capital from the exponentially growing video advertising and online video.

Long awaited “AdSense for [...]

There is good news for gamers and graphics professionals across the world. A dual- socket motherboard was launched by Intel specifically for the PC manufacturers who intend to facilitate the customers with gaming and graphics choices. Such manufacturers can now configure new machines with two quad-core processors and multiple graphics cards on a single motherboard.
“Skulltrail”, [...]