Silicon Valley, the Californian region where many of the IT industry’s biggest companies began, is in danger of losing its innovative edge, according to a new report from an organisation representing its business interests. The Silicon Valley Index 2010 found that the region lost 90,000 jobs between the second quarter of 2008 and 2009. That coincided with a slight deceleration of innovation – one percent fewer patents were filed by organisations in the region compared to 2008 – and of venture capital investment

NewsFactor – Billions of microscopic cells on a single chip will soon add eight gigabytes of nonvolatile memory to smartphones and other devices, creating new possibilities for mobile applications and potentially lowering prices in the long term. IM Flash Technologies, a joint venture between chipmakers Intel and Micron Technology, on Monday unveiled a 64-gigabit NAND flash die based on 25-nanometer process technology.

Reuters – Publishing group Pearson and phone maker Nokia have formed a joint venture to deliver English-language learning materials to mobile phone users in China, the two companies said on Monday.

AP – Shanda Games Ltd., a Chinese video game company, said Monday it is partnering with Kingsoft Corp.

PC World – The Russian government is planning to invest in an Indian mobile services joint venture in which Sistema, a Russian company, holds a majority share of 74 percent, according to the company.