So what is Fusion? It is a wet-shaving system that has more features than the M3 Turbo and M3Power blades. Gillette also plans to release a line of shaving creams and gels along with their new line of Fusion razors. James Kilts, who is Gillette’s CEO calls Fusion “the future of shaving” that produces a nuclear reaction to create power.

The all new Fusion system is expected to hit the market in 2006 with big plans on promotion and marketing for the product. Hoffman stated that when it hits the market it will be a “blockbuster marketing program” in history. During tests performed, 60% of the men who tried the Fusion razor and Mach3, preferred Fusion.

Interesting indeed, I personally love the Mach3 Razor and can’t wait until Fusion hits the market - it sounds cool and Gillette makes the best shaving razors PERIOD.

As a result of the lay-off, for the current quarter Biogen will obtain a pre-tax charge of $30-$40 million. Kellogg also mentioned that Biogen will now be able to earmark $200mil per year for business related acquisitions as well as licensing and product acquisitions starting in the year 2006.

This is definately not a good situation for all of the employees that lost their jobs, truly sad and unfortunate how a company can just screw people over like that, unbelievable.

Both of these companies going head to head shows the clearly visibile competition between each other and I’m sure Microsoft isn’t very happy with losing a vice president like Lee to Google. The hearing is expected to last another day.

What I find interesting is - I was reading some court documents where a Microsoft CFO threatened to kill Google during an office meeting, while throwing his chair across the room claiming he would destroy Lee like he did in the past. Some intense stuff, eh? We’ll see how this one unfolds in court.

A total of 10 defendants have been found guilty by the federal court in Austria, guilty of copyright infringement. All of them have been ordered to pay a whopping 90% of the costs spent by the record industry. A hearing is scheduled soon to outline the details of the damage.

Kazaa software owners plan to appeal the court’s decision claiming that the software is no different then a tape-recorder, stating that they are unable to control the users that engage in copyright violations. Since 2002, Kazaa has lost popularity due to these court battles, personally I prefer other music trading services - Kazaa is just not very good and there are others that are much better that are out there.

The likelyhood of recession has doubled after the aftermath of Katrina according to the S&P500 credit rating agency. Recession likelyhood has increased from 12% to 25% after the hurricane according to them. Beth Ann Bovino, a senior economist at the Standard and Poor’s 500 says that what would drive it is 100$ oil prices.

Now how crazy would that be if that happened?

The agreement: Spring Nextel will pay $219 million dollars to acquire IWO Holdings, Incorporated (located in Albany, NY) which will allow Sprint-Nextel to provide service across upstate NY, New Hampshire, and parts of Massachusetts and Pennsylvania. The other acquisition that Sprint Nextel will be making is the $212.5 million purchase of Gulf Coast Wireless (of Baton Rouge, LA) - a private company which will allow to provide Sprint an additional 95,000 subscribers in Mississippi and Southern Louisiana.

The combined merger of Sprint and Nextel currently brings in service to over 40 million subscribers, making it a #3 contender against the leaders Verizon Wireless and Cingular.

My thoughts? Well.. to be honest my contract with Sprint is up in January and I plan on switching back to Cingular. Cingular simply offered less fees unlike Sprint. I am not very happy with my Sprint service and the only thing I believe that company got going for them is the good stylish cell phones, but other than that - I plan on cancelling my contract shortly and can’t wait to find a new plan with Cingular, to me there are less hassles over there then at Sprint, and less hidden fees.

Please post some comments about your opinions toward Sprint/Nextel/Cingular, I’m interested in knowing how the service was for you guys.

When both of these companies are combined, the estimated annual revenue is expected to hit more than $1.9 billion dollars, with customers in over 200 countries. Intelsat expects this agreement to improve financial cash flow, strength, and revenue.

It is expected that the acquisition will be finished in 6-12 months with Morgan Stanley serving as PanAmSat’s advisor while Credit Suisse First Boston serves as Intelsat’s financial advisor.

The average speed will be about 400 to 700kbps, 10 times or so faster than any other dial-up service offered. So how much will this service cost? It is expected that the price of Verizon Wireless broadband will run approx. $79.99 monthly (w/unlimited usage) or $59.99 (when used together with a calling plan). If you plan on using a cell phone with this service you will also need to purchase a V-Cast, which runs an additional 15$/monthly, allowing the delivery of information such as video transfer. Laptop users will need to purchase a PC air card, which costs around $100 and higher.

Other providers such as Sprint are also expected to jump in on the action across multiple business districts sometime during the end of the year with coverage ranging from San Francisco to Santa Rosa.