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RealNetworks Inc. has announced that is has signed an agreement to sell a “significant number” of its patents – approximately 190 patents and 170 patents applications and its next generation video codec software to Intel Corporation for a purchase price of $120 million. “Selling these patents to Intel unlocks some of the substantial and unrealized value of RealNetworks assets,” said Thomas Nielsen, RealNetworks President and CEO. “It represents an extraordinary opportunity for us to generate additional capital...

Apple earlier this month acquired Israel based flash memory maker company Anobit – at that time it is speculated that Apple plans to set its development center in Israel focusing on to gain access to its technology. But today business daily Calcalist is claiming that the company will open a research center there by the end of February. The company reportedly received “several hundred of resumes” for various engineering positions. Specifically, Apple is seeking hardware engineers in chip development area with strong emphasis on...

In a new tug of war between Motorola Mobility and Apple, Motorola Mobility has filed a new lawsuit against Apple Inc accusing the company for infringing its technology patents in a Florida federal court on Wednesday. Motorola Mobility, which runs its phones on Google android software, is seeking regulatory approval to be bought by Google Inc. Motorola said, “It was suing the iPhone maker for infringing six of its patents involving technologies related to wireless antennae, software, messaging and data filtering.” The company also...

Finnish mobile phone maker, Nokia announced that company has reached on its most significant milestones in its history with the sale of its 1.5 billionth series 40 mobile phone. The first S40 was sold in 1999 resulting in Nokia’s commercial success for years. The 1.5 billionth phone was a Nokia Asha 303, a stunning touch screen handset QWERTY keypad designed for web browsing, social networking and gaming, that features pre-installed entertainment and applications. The 1.5 billionth device was purchased by Mayara Rodrigues from a Magazine...

If European Union proposed “data protection law” comes into existence, than firms have to face being fined up to 2% of their global annual turnover if they found breaching the proposed EU data laws. The EU has put forward the suggestion as part of a new directive and regulations. The new rules include users’ “right to be forgotten” and an obligation...

Facebook – the world’s largest social networking website was down yesterday (Pacific Time). The Hacker Group Anonymous after the takedown of content sharing website Megaupload attacked many of government and big companies website. In their recent outrage, according to the video on YouTube said that hacker group threatens Facebook January 28. However the AnonOps...

Bill Gates says in his recent annual letter that The Bill & Melinda Foundation have devoted $2 billion to help poor farmers boosting their productivity. But what the next in America’s richest man, Bill Gates prime target is the “Revolutionize Farming” – he is increasingly troubled by the lack of investment into new research agriculture. The Bills &...

Google, the world’s search engine giant and Twitter, world’s largest micro-blogging website both are known pretty well in webosphere. But if we see from over the past few weeks the relation between the two soaring-up. The two have been fighting each other over the Google’s new social-search feature, “Search Plus Your World”. Chris Dixon on his blog ignited...

Nokia, world’s largest cellphone maker has been fined by Australian regulators on account of spamming its customers with text messages for its products and services alongside “tips” on how customers can best use their phones. The Finnish company has been fined A$55,000 ($58,000) The Australian Communications and Media Authority (ACMA) do not prohibit companies from using unsolicited text messages, but according to the Spam Act of 2003, those messages must be accompanied by a way to contact the company and unsubscribe. While the...

WikiLeaks announced this week that Julian Assange will be hosting a series of in-depth conversation with key political leaders, thinkers and revolutionaries from around the world. The series is tagged with the theme – the world tomorrow. Assange, is one of the World’s most recognizable revolutionary figures is considering the stages as the subject of an ongoing Grand Jury investigation in the United States for over 500 days as of now. WikiLeaks, which is considered as the world’s boldest publisher, has been at the front line of...