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ChangeQuakes Of The Week

December 23, 2006

TOP CHANGEQUAKES OF THE WEEK
** Samsung Unveils Fusion Memory Chip
** IBM To End Stock Options For Directors
** Wyeth Cancer Drug Gets Priority Review
** Bush Signs Tax Relief And Health Care Act Of 2006
** Motorola To Take Over Tut Systems

TOP CHANGEQUAKES OF THE WEEK

Samsung Unveils Fusion Memory Chip

(TECHNOLOGICAL CHANGEQUAKE) -- Samsung Electronics created an innovative memory chip designed to boost the processing speed in mobile phones for handling digital video and other data-intensive applications. Samsung claims the OneDram Chip, which is in the prototype phase of development, can replace two memory chips in high-end handhelds.

news.yahoo.com

IBM To End Stock Options For Directors

(CORPORATE CHANGEQUAKE) -- IBM Corp. is cutting off stock option grants to its board of directors but doubling their cash pay, calling the move an improvement in its governance practices.

news.yahoo.com

Wyeth Cancer Drug Gets Priority Review

(MEDICAL CHANGEQUAKE) -- The Food and Drug Administration granted priority review status of Wyeth Pharmaceuticals' new drug application for its Torisel drug designed to treat renal-cell cancer. The priority status will accelerate the review of the drug.

www.businessweek.com

Bush Signs Tax Relief And Health Care Act Of 2006

(REGULATORY CHANGEQUAKE) -- President Bush signed the Tax Relief and Health Care Act of 2006, which, among other things, will allow companies to deduct money invested in research and development from their taxes.

www.govtech.net

Motorola To Take Over Tut Systems

(CORPORATE CHANGEQUAKE) -- Leading mobile-maker Motorola is going to take over Tut Systems, which specializes in end-to-end digital video encoding, processing and distribution solutions for carriers.

tmcnet.com