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 Tuesday, July 09, 2002

Nokia to Join With I.B.M. in 2 Ventures on Software: Nokia and IBM. will develop digital rights management software for what wireless operators call light content ring tones, games, logos and pictures. For example, portions of popular songs can be downloaded for a small fee and used as the ring tone on a cellphone. The current market exists mainly in Europe and Japan, where wireless services are more advanced than in the United States, and among young people, 25 and under. In Europe, the market for such light content is $500 million a year. [New York Times: Technology]