New York: Palm Inc has launched its smallest smartphone, making its initial entry into the low end phone market in a bid to perk up growth plans, and provide a cheesier option to Apple Inc’s iPhone.

For its new “Centro,” a smaller and lighter edition of its Treo smartphone, Palm has determined the price of just $100 to attract more and more customers. Sprint Nextel Corp will sell ‘Centro’ for the rest of the year in the United States.

Seattle: Microsoft Corp. is all set to bring out three different versions of its  suite in January next year (2008). Microsoft said that Office 2008 for Mac Home and student version that comprises three licenses for Word, Excel, PowerPoint and Entourage, an e-mail/calendar/contacts program, will be available at just $150.

To make a series of luxury mobile phones and LCD TVs, Giorgio Armani, the world famous designer has signed up a partnership deal with Samsung Electronics.

The pact that requires Giorgio to produce the designs, and Samsung to supply technical experience, was sealed off at the currently happening Women’s Fashion Week in Milan yesterday.

Washington, Sept 25: The IMAX camera will return to space in 2008 aboard the space shuttle for production of a new film during a Hubble service mission.

Bangalore: India is anticipated to launch an advanced satellite with military and other applications by the end of existing fiscal involved a home-grown rocket, which will also place an Israeli satellite into space.

An ISRO official said, “Cartosat-2A is ready for launch.”

The social networking space may see more action in coming days as Software Giant Microsoft Corp is planning to invest in Social networking website Facebook. The company plans to buy up to 5% stake in fast growing online social network with an investment of nearly US $400 million.

Google has also shown interest in buying stake in Facebook, but there has been no official statement regarding the issue. Google also operates a social networking website orkut. Microsoft will get better access to a very huge user base of Facebook after this investment.