Taking steps toward mobile cash
European banks and mobile operators have agreed on a standard way of safeguarding and marrying phone and banking data to make wireless payments possible.

The world's most wired countries
In this year's Global Competitiveness Report, Nordic and Asian countries in general did well while the United States lagged behind.

Omnicom creates consultancy just for women
The new unit, called G23, joins a lengthening list of projects centered on women, some of which are more than a decade old.

Microsoft buying Powerset, a start-up for Web search
Powerset's technology breaks down the meaning of words into related concepts, freeing users from having to type the exact words they want to find.

Cisco to invest in ex-Soviet states
Cisco and Almaz Capital Partners, which has offices in Silicon Valley and Moscow, have initiated a fund with an initial investment of $60 million for expansion eastward.

Bloggers take aim at Google
The bloggers say the site's blogging service may have been manipulated to silence critics of the presidential candidate, Barack Obama.

Nokia signs up Warner Music Group
The world's top cellphone maker now has the three top music labels signed to its Comes With Music program, set to begin this year.

Clay Felker, magazine pioneer, dies at 82
At New York magazine, Felker was credited with inventing a widely imitated formula for glossy weeklies.

Legal setbacks could shave eBay margins
The biggest damage from court cases related to protection of luxury brands could be to the eBay brand, which promises shoppers the widest range of goods in a marketplace connecting millions of buyers and sellers.
- EBay ordered to pay LVMH €38.6 million