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    Last update: December 22, 2009

    +Microsoft's Bungie to Be Split Off
      Microsoft will split off Bungie Studios, maker of the Halo videogame series, and retain an equity stake in the company.

    +Sony Cuts PlayStation 3 Price in Europe
      Sony slashed the price of its PlayStation 3 console in Europe and unveiled a lower-cost version with less storage space, as it tries to regain ground lost to rivals.

    +Nasdaq Soars 1.7% on Latest Jobs Data
      The Nasdaq rose 1.7% Friday as investors cheered new jobs data. RIM shares hit an all-time high after the BlackBerry maker's earnings doubled, while Yahoo climbed after an analyst suggested breaking up the Internet giant.

    +Siemens to Split Operations Into 3 Segments
      Siemens unveiled a restructuring plan that will divide the German company into three segments each headed by a CEO.

    +Sprint Launches Search for Forsee's Successor
      Sprint has quietly launched a hunt for a successor to CEO Forsee amid investor pressure. The board hopes to name a new leader by early December.

    +RIAA Wins Downloading Suit
      The music industry won the first court case stemming from its campaign against file sharing as a Minnesotan was found liable for willful copyright infringement.

    +Microsoft Unveils New Health Site
      Microsoft unveiled a new site, called HealthVault, that allows consumers to upload and store their medical records, part of its broader push into the health-care field.

    +Insurer Dips Toe Into Virtual World
      If people dread thinking about insurance in the real world, will they go for it in a fun, virtual world? Assicurazioni Generali hopes to find out when it opens Generali Virtual, an island in the online world Second Life.

    +China Digital TV Energizes IPOs
      China Digital TV shares soared 75% from their IPO price of $16 a share to close at $28 on the NYSE.

    +EMC Acquires Berkeley Data Systems
      EMC acquired Berkeley Data Systems, which operates an online service called Mozy that lets computer users back up their files to remote servers. Terms weren't disclosed.

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