DoubleTwist

Chris Nuttall

RealNetworks is piling on the functionality of its RealPlayer software in the face of strong competition for its well known video and audio player.

Apple announced Quicktime X this month, adding editing capabilities to its player. Mozilla’s Firefox 3.5 browser now has the same ability as RealPlayer to download web video. Meanwhile Apple, Mozilla and Google are pursing HTML5 standards that can do away with the need for separate video-playing software and plug-ins. Read more

  • Indian police filed formal charges against former Satyam chairman B. Ramalinga Raju, two of his brothers, two Price Waterhouse auditors and four others, in a widening of the probe into the outsourcing giant’s alleged fraud. Meanwhile, four parties emerged as serious bidders for what’s left of Satyam, set to be auctioned off on Monday.
  • The Australian government is set to invest $31bn in the construction of a national broadband network. The eight-year project is expected to create 37,000 jobs, and will amount to the nation’s largest-ever infrastructure project.

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