Europe

Sony takes the long view with its new PlayStation Vita

In what apparently will be Sony's biggest sales event in recent times, the company is all set to launch its new handheld, the PlayStation Vita, in a big way in the US and Europe on today, February 22.

With Sony having stated that it is taking the long view for the soon-to-be-released PS Vita handheld gaming console, reports have revealed that the device's debut will come amid celebrity-studded parties, midnight store openings, as well as a $50-million sales promotion.

Nokia could launch its first Windows phone 7.5 Mango handset in November

A new Knowyourmobile report has recently leaked the scheduled release details of Nokia's forthcoming handset - most probably, the Nokia Sun. According to the report, the handset - which apparently will be the Finnish handset -maker's first phone featuring Windows phone 7.5 Mango - will likely be launched next month.

Revealing that Italian carrier TIM is hinting at a November release for Nokia's first Windows phone, the Knowyourmobile report also added that the leaked release schedule is seemingly for the launch of the handset in Europe.

Nintendo announces release dates and pricing for 3DS

Nintendo has announced that its much-anticipated new hand-held game console 3DS will hit European stores on March 25, 2011.

The imminent 3DS, which doesn't require special glass, will come equipped with a line-up of twenty-five games. However, the manufacturer didn't name the specific launch titles.

The 3DS will be available in America from the March 27, with a price tag of $249.99 (£157). Gamers in Japan will be able to have their hands on the game console one month earlier February 26 for ¥25,000 (£190).

Estonia's Entry to enlarge Euro into Former Soviet Union

Estonia entering into the euro zone with “no anomaly” in retail and banking, waving off the independent debt catastrophe swelling through Europe to lengthen the currency slab into the past Soviet Union.

Jammed amid Russia and Latvia on the Baltic Sea, Estonia is the 17th nation to control the currency. Gross domestic product of 14 billion Euros ($19 billion) builds it the subsequent- nominal euro financial system following Malta.

Lotus to move production to Europe if loan not sanctioned

Dany Bahar, the chief executive of iconic sports car brand Lotus, has warned that the Hethel-based company would move production to Europe in case the government disapproves its application for 40 million pounds loan.

Mr. Bahar said the company was in talks with two overseas automakers, viz. Austria-based Magna Steyr and Finland-based Valmet, and one of the two would take over car making in case company’s loan application was turned down.

Google's large size matters to market regulators

The large size of Silicon Valley-based Google matters to European Union which announced an antitrust investigation into accusations that the internet search giant was rigging the online search market.

Google has been accused of giving "unfavorable treatment" to small companies’ services in both unpaid as well as sponsored search results.

Up until now, the Silicon Valley giant has faced probes focused on particular acquisitions or narrow complaints. Rumoured deal that the company would acquire online discount coupon firm Groupon Inc. will also trigger an antitrust probe.

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