Ericsson has announced it will invest $1 billion in developments in China over the next three years to meet the growing demand for 3G and 4G telecom services there.

At Ericsson’s Strategy & Technology Summit in Shanghai, Ericsson president and chief executive Carl-Henric Svanberg said, “Users demand more mobile content, operators are looking for new revenue sources and media companies need new distribution channels. This is in line with our vision of an all-communicating world and we are confident that the mobile content industry has wonderful potential.”. Svanberg also said that Ericsson had signed a research agreement with Shanghai Research Centre for Wireless Communications (SHRCWC) to collaborate on technologies such as Super 3G and 4G.

Access, based in Japan, surprised the technology and financial industries on Friday with an acquisition of PalmSource for $324.3 million. Access is best known to most for its NetFront browser available on many mobile devices.
PalmSource has been struggling since the split with the hardware division Palm in 2003. With a sale of […]

Second Life, one of the more widely known metaverses, has eliminated the initial subscription fee for entering their virtual world, in an effort to broaden the appeal of the community and spur membership.

For those not familiar with Second Life or other metaverses, it is an open-ended virtual world where members can create nearly anything they can imagine and create using 3D modeling. Second Life allows members to meet, interact, message, talk and even play games with each other. Think about meeting a relative in the virtual world to talk and play poker at one of your virtual houses.

Electronic Arts has confirmed that it will move its European headquarters from Chertsey, England to Geneva, Switzerland, as will 10% of the Chertsey office’s jobs.

The strength and continued success of Chertsey has caused many to view EA as being too UK-centric. This move will place EA somewhat outside of the general European gaming hubs but will put the company close to the geographic heart of Europe. The new headquarters in continental Europe is likely part of the industry’s overall European centralization trends and will give EA ready access to the lower development costs in parts of central and Eastern Europe.