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Facebook’s co-founder leaves the company

Two of Facebook’s top executives have announced that they will leave in a month’s time to set up their own start-up company.

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Microchip makes bid for Atmel

Atmel is currently reviewing the unsolicited offer of US$5 cash per share, or US$2.3 billion.

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Apple threatens to close iTunes

Apple has indicated that it would be prepared to close its iTunes store rather than absorb the cost of increased royalty payments, or raise its prices.

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Six Hollywood studios sue RealNetworks

Six major studios, as well as Sony, have begun proceedings against RealNetworks for its RealDVD programme which allows users to make copies of their DVDs.

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