Nokia 6225 Colorful Glitter Stars faceplate

Wall Street sells off as consumers snap wallets shut (Reuters)

Reuters - U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers' reluctance to spend will push the economy into an even deeper downturn than currently expected.

Cisco unveils new edge router (Reuters)

Reuters - Cisco Systems Inc launched a new edge router aimed at improving Web speeds as more consumers download movies online and access the Internet with mobile phones.

Japan's DoCoMo eyes 'Google phone' launch next year (AFP)

AFP - Japan's top carrier NTT DoCoMo Inc. aims to launch next year a cellphone developed with Internet search giant Google, an official said Wednesday, a move that could counter Apple's iconic iPhone.

Vodafone net profit drops 35 percent, plans cost cuts (AFP)

AFP - British mobile phone giant Vodafone posted a 35-percent slump in first-half net profit on Tuesday and booked a hefty loss on the value of its Turkish business.

Japanese mobiles to offer psychotherapy sessions (AFP)

AFP - A Japanese professor on Wednesday launched what he said was the world's first web-based psychotherapy sessions available via mobile phone, as the country grapples with a growing problem of depression.

Cellphone industry eyes charger power savings (Reuters)

Reuters - The world's top five cellphone makers launched on Wednesday a common energy rating system for chargers, making it easier for consumers to compare and choose the ones consuming the least energy, Nokia said.

Microsoft near deal with Verizon for cellphone search (AFP)

AFP - Microsoft Corp. is close to a deal with Verizon Wireless to become the default search provider on the wireless carrier's cellphones, The Wall Street Journal reported on Wednesday.