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Twitter now worth $1 billion

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At first many shared the same opinions about Twitter, when it launched. Even I asked myself how much more absurd could the idea of modern communication get. However, millions of people around the world...

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Chips pass two billion milestone

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The first chip to pack more than two billion transistors has been launched by silicon giant Intel. The quad-core chip, known as Tukwila, is designed for high-end servers rather than personal computers. It operates at...

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Bidding has reached $18.55 billion in the U.S. Federal Communications Commission's record-setting auction of government-owned wireless airwaves, covering five separate blocks of spectrum in the auction. The FCC is keeping bidders' identities secret until the...

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Microsoft Corp. is offering $44.6 billion in cash and stock for search engine operator Yahoo Inc. in a move to boost its competitive position in the online services market. The unexpected announcement Friday comes as...

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Business software maker Oracle Corporation has agreed to buy BEA Systems Incorporated for about $7.85 billion, a compromise price that ends a months-long dispute over the value of the software company. In October, Oracle suggested...

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Market research firm NPD is reporting that U.S. sales of video game hardware and software jumped 73% in October to $1.1 billion (compared with $643 million a year earlier). Nintendo's Wii console regained its spot...

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IBM Corp. is making its largest acquisition ever, a deal announced Monday to buy Cognos Inc. for $5 billion in cash in hopes of keeping up with rivals in "business intelligence" software. The acquisition would...

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Easily one of the most popular publicly available torrent sites, Mininova has over 3 million visitors per day which places them in the list of 100 most visited websites on the Internet. The site has...

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Panellists at a trade forum criticised the US government for going back on commitments made to the World Trade Organisation (WTO) in regards to internet gaming. The forum believes that the US could be liable...

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The Senate has added $1 billion to NASA's budget as both Democrats and Republicans voted to further break President Bush's budget for domestic programs. The funding was added to a $56 billion measure funding science...

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As part of an online advertising push designed to leapfrog Yahoo and present a serious challenge to Google, Microsoft has just closed a $6 billion deal with digital marketing company aQuantive. As the software industry...

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The internet is about to become even more ubiquitous, according to analyst firm Juniper Research. In a report released today, analysts predict that nearly one in three mobile subscribers around the world, representing over one...

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In a development which Alcatel-Lucent calls "shocking and disturbing" and which Microsoft calls a "victory for consumers," a federal judge in the San Diego District Court has overturned a jury's decision which had ruled that...

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The iTunes Store said Tuesday it had passed a milestone, selling more than 3 billion songs since launching four years ago. The milestone came just six months after iTunes, Apple Inc.'s online music download service,...

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According to a new IDC study, the growth in adoption of stand-alone open source software reached $1.8 billion in 2006 and will grow 26% annually for the next four years, hitting a total market worth...

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