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01/23/2008 IP News & Blog Round-Up

  • Obama: Open Source IT Solutions for US. - It's likely to see US patent reform under the aministration of Obama. In order to curb government spending, Obama is investigating the possiblility of open source IT solutions. One of the first priorities of President Obama is to determine whether it is feasible to stop relying on proprietary software bought from companies like Microsoft, Oracle and IBM. (From IP Watch)
  • Microsoft to cut up to 5,000 jobs. - Times are changing for the once Mighty Microsoft... with a drop of 7.9% in its Share Price (Wall Street) net profit for the three months to 31 December down 11% on last year - the future at MS is looking gloom. Richard Williams, an analyst at Cross Research, said: "Microsoft has never had a layoff like this in my knowledge, and it's sending a signal that the times are definitely changing." (from BBC )
  • China says to spend $58.5 bln on 3G over 3 years. - On Thursday, the Chinese government announced that China's three mobile carrier networks will start to build out their third generation (3G) networks. An estimated US $ 58.5 billion will be invested in this project. The long awaited licences were awarded by government in an effort to catch up with worldwide mobile technology as well as video and media applications. (from Reuters UK)


    Wow $58.5 billions? that is a lot of money, no wonder they are ahead on communications and services.

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