Linkbits 07.02.07

Entertainment

• Universal is reporting that their iTunes renewal negotiations with Apple have hit a standstill. Read more via NY Times.

Technology

• Verizon reports that their EV-DO rev A network upgrade is complete. The network now boasts download speeds of 600kbps to 1.4mbps. Read more via Engadget.

Markets

• Chinese stock market mayhem continues as Chinese stocks are now trading at 45 times reported earnings. Read more via Bloomberg.

Real Estate

• Home prices continue to rise in Britain with an impressive 1.1% rise in the average cost of a home in just one month. The average price is now £184,070 or $368,000. Read more via NY Times.

Economy

• The unemployment rate continues to improve in Germany, now down to 8.8%. Down from 14+% over the past few years. Read more via NY Times.