A cellphone with no flips, no folds - just a very low price
Spice Ltd., which is based in Noida, India, has unveiled "the People's Phone." The number keys are big and bold. It is chunky and has no color screen - in fact, it has no screen at all.

Wireless security flaw is detected in defibrillator-pacemaker
Hacking into the device in a laboratory, researchers said they had reprogrammed it to shut down and to deliver potentially fatal jolts of electricity.

The End User: Virtual college fairs
A U.S. company has blended social networking into the process of searching for a university.

Take-Two voices confidence in face of takeover bid
Take-Two, which has rebuffed a takeover offer from Electronic Arts, said it expected to perform better this year than Wall Street had projected.

Google clears final hurdle to DoubleClick deal
European regulators gave unconditional approval to Google's $3.1 billion takeover bid, saying it "would be unlikely to have harmful effects on consumers."
- France wins EU approval to help finance Internet search engine

To promote program, HBO pays for letter campaign by U.S. Postal Service
The multimillion-dollar multimedia campaign seeks to demonstrate what it calls the "power of the letter," and to promote "John Adams," a seven-part miniseries starting Sunday on the cable network.

Nokia shares decline after Texas Instruments lowers forecast
Texas Instruments, which makes chips used in about half the world's cellphones, has lowered its range of expected profits and sales in the first quarter, citing a key customer's decision to cut orders.

Sumitomo and TPG raise bid for Axcelis
The Japanese heavy-equipment maker and the private equity firm TPG have raised their bid for Axcelis Technologies by 15 percent to $615.6 million to encourage the semiconductor equipment maker to open talks for a friendly deal.

Lawrence Ellison may have brought hostile takeovers to Silicon Valley
The hard-charging chief executive of Oracle says his industry must get used to consolidation.

GE chairman rejects talk of selling NBC
To squelch rumors that the network would be sold after the Olympics, Jeffrey Immelt planned to include a message in the GE annual report Wednesday that rejected the idea of selling.

Hulu.com to make catalog of shows and clips available on Web
The Internet joint venture of NBC Universal and Fox will feature shows and films from NBC, Fox and more than 50 media companies.

HP strengthening digital printing in shift from analog
Hewlett Packard, the maker of personal computers and printers, is moving forward with a plan to increase its digital printing offerings as part of a trend toward a reduction in analog printing.