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Software giant, Microsoft Corp is planning to announce the appointment of a new chief executive, according to a source familiar with the board.

Alan Mulally, who has been working as the head of Ford Motors, has said that he is not in the race to become the new chief executive of the software giant.  Mulally's exit comes after the exit of another reported candidate, Qualcomm Inc's Steve Mollenkopf in December.

The recently demoed PrioVR suit system successfully showed that that it is capable of bringing unmatched motion-control experience to the world of virtual reality games.

The PrioVR suit system makes use of a combination of "wearable tech" and hand-held peripherals that ensure your game-based motions are captuered with great accuracy.

India on Tuesday successfully tested nuclear-capable surface-to-surface missile Prithvi II that has a strike range of 350 kilometers.

Prithvi II, which was launched from a mobile launcher in the Integrated Test Range at Chandipur in Balasore district of Odisha, is capable of carrying nuclear warheads of 500kg to 1,000kg.

Describing the trial of the sophisticated missile as a complete success, MVKV Prasad, the director of the Integrated Test Range, described the launch as a complete success, adding that it met all the parameters.

New York, Jan 8 : Certain fractures in early childhood may have implications for a kid's long-term bone health, said a study.

The study by Mayo Clinic have found evidence that children and adolescents whose forearm fractures occurred due to mild trauma had lower bone strength compared to other children.

Lower bone strength may predispose children to fractures resulting from weakened bone (osteoporotic fracture) later in life, claimed the study published in the Journal of Bone and Mineral Research.

Los Angeles, Jan 8 : Pop star Shakira does not feel the pressure to be super thin as she says her long time beau, Spanish professional footballer Gerard Piqué, "doesn't like too skinny" people.

According to people. com, the 36-year-old told Glamour magazine: "My man, Gerard, prefers meat over bone.  He doesn't like too skinny.  That takes the pressure off.  I already have a lot to worry about."

The 36-year-old also said that she won't spend much time in the gym this month as she has other priorities.

"This month I'm not exercising because I have an album to finish and I have a baby," she said.

Crude oil settled up 0.17% at 5856 recovered after the API said its own data showed that crude stockpiles fell by 7.3mbls in the week ended Jan. 3. Crude oil has continued to decline since the opening of the New Year.

Crude oil topped $100 just before the end of the year. Crude oil has gained a few cents to trade at 93.64 after weak service PMI data in the US weighed on prices during Monday’s session.