Nokia shares plunge as cell phone maker posts 66 pct profit drop, lowers targets

Nokia posts 66 pct fall in Q2 profits, shares drop

STOCKHOLM — The world's top cell phone maker, Nokia Corp., on Thursday said second-quarter earnings fell 66 percent as the global recession sapped demand. The company scrapped its target to gain market share this year and its stock sagged.

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Google AdSense Increases Electronic Fund Transfer Facility To 27 Countries

Google AdSense now supports automatic Electronic Fund Transfer to local bank accounts in 27 countries. With EFT, your earnings will be directly deposited into your bank account so won't need to wait for checks to arrive in the mail and clear at the bank.

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Norway Outlaws Apple iTunes for Fairplay DRM

iPodFairplay DRM (an ironical name) actually restricts fair play by other music players. You are forced to buy an iPod if you want to listen to iTunes music. Sounds unfair? You bet. Finally Norway has taken a positive step forward and declared that Apple's iTunes store is illegal under Norwegian law.

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Cell Phone Sales Expected To Grow To 1 Billion per Year by 2009

Cell phone sales will exceed one billion handsets a year by 2009 as they become the most common consumer electronics device with 2.6 billion people using one by then, according to a survey published on Wednesday.

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