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Technology News Archive - July 25, 2009

ESPOO, Finland, July 25 /PRNewswire-FirstCall/ -- Following the outcome* of the auction for the CDMA and Long Term Evolution (LTE) assets of Nortel, Nokia Siemens Networks (NYSE: NOK) remains focused on maintaining its leadership in the global wireless infrastructure industry and sustaining its recent momentum in the North American market. "Our final offer for Nortel's assets represented a fair price, and we did not enter this process with a win-at-any-cost mindset," said Bosco Novak, Chief Markets Operations Officer, Nokia Siemens Networks.

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Microsoft is offering a viable solution in an effort to appease European Commission (EC) regulators who are considering possible remedies to avoid further legal action with the European Union.

US computer giant Microsoft Corp says it is preparing to issue a pair of emergency security patches for its Internet Explorer Web browser.

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Twitter is developing a marketing promotion in the next few days to teach users ways to make a profit off the trendy microblogging site.

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Google's book scanning project is already facing anti-trust criticism and awaiting court approval, and now it has also raised concerns amongst privacy advocates and civil liberties groups.

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Bill Gates, co-founder of Microsoft Corp and one of the wealthiest people in the world, was forced to give up the social networking phenomenon Facebook after too many people wanted to be his friend.

HONG KONG, July 25 /PRNewswire-Asia/ -- The global trade volume will see a 10% decline in 2009, higher than the previous 9% forecast, and China will overtake Germany as the biggest export country in the world, according to the WTO's newly released annual world trade report.Meanwhile, Asia Development Bank says in its July 23rd report that amid the general slump of East Asia economies, China has maintained a good growth momentum in the first half of 2009, acting as the engine for East Asia's recovery.

Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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