Microsoft Corp's Chief Executive Officer Steve Ballmer laughed off the challenge that Google Inc's planned operating system has posed to the software giant.

Google is developing two client operating systems, one is Android, an OS for smartphones and the second is Chrome OS, which is expected to challenge Microsoft's Windows 7.

NASA is all set to try its luck for the sixth time as it plans to launch the space shuttle Endeavour Wednesday evening with seven astronauts on board.

Hitherto NASA has cancelled the Endeavour launch for five, three times due to thunderstorms and two times due to hydrogen gas leaks, making Obama administration officials to put question on the plan.

China's Health Ministry has banned electric shock therapy as a treatment for Internet addiction citing lack of scientific evidence on its efficacy.

The notice, posted on the ministry website read, "Electroshock therapy for Internet addiction... has no foundation in clinical research or evidence and therefore is not appropriate for clinical application."

Watson Pharmaceuticals Inc. said the Food and Drug Administration have asked for additional information on the company's new, long-term dose version of its prostate cancer drug, Trelstar, before the agency grants an approval.

A team of researchers at Indiana University released a study in the online journal Nature Chemical Biology about an injectable drug that could slim you down by 25% in just one week.

GlaxoSmithKline said it plans to invest up to 60 million pounds ($97 million) over 10 years to improve research, development and access to AIDS drugs in Africa.

Comcast's "On Demand Online" trial - the countrywide test of an online-video subscription offering - has been signed in for by as many as 17 TV networks, including broadcaster CBS Corp.

Microsoft's 'Tuesday patch package' was released on the scheduled Tuesday - July 14! The monthly patch series this time round comprises six security bulletins to address a total of nine different vulnerabilities in Microsoft's software - including Windows, Microsoft Office, Internet Security and Acceleration Server, Virtual PC and Virtual Server.

In a filing with the U. S. Securities and Exchange Commission on Tuesday, General Motors said that the company's former Chairman and CEO Rick Wagoner, who was ousted by the Obama administration in March, would get a retirement package of $8.6 million over the next five years.

An inspection of 181 Boeing 737s, following a US plane's emergency landing due to a discovery of a football-sized hole in the plane's fuselage, has revealed no problem.

Earlier, a probe was launched by the National Transportation Safety Board into the occurrence of hole in the fuselage of Flight 2294.