Google introduces WebP, a new image format for the web, looking to speed up loading of pages. More at the Chromium Blog

Facebook beats Yahoo in video consumption, according to Comscore

India’s SMS Ban has been extended: today’s the last day.

Blackberry tells the Indian government it won’t be able to give access to enterprise mail to the Indian government, because of the technology. Details at the Hindu Business Line

Info Edge (Naukri) CFO Ambaresh Raghuvanshi speaks with ET Now on the companys cost structures, breakeven at JeevanSathi and 99Acres. Details here

Download Yahoo’s Annual Report for 2009 here (pdf), or view it here. Was published last night. How many times is India mentioned?

The Boston Globe will offer two websites – one free, one paid. Boston.com will be free and be a site for all things Boston (including limited content from Boston Globe), while BostonGlobe.com will be paid, with journalistic content from the Boston Globe.

Agra, India based MSO SEA TV’s IPO has been subscribed 9.58 times. More at MoneyControl

The Washington Post has handed over Newsweek to Sidney Harman. More at PaidContent

India’s Department of Telecom is sitting on over 200 applications for 2G spectrum, reports BusinessLine

Google has launched a website for its URL Shortener – Goo.gl

Nokia is expecting a surge in usage in Africa, Reuters reports.

Motorola has launched the EX128, a touch screen phone, priced at Rs. 6990. Details at Times of India. The Nokia N8 is available for pre-booking. Details at IBNLive

Facebook has announced allowing high resolution images. details

HP has named Léo Apotheker Named CEO and President. Ray Lane Joins HP as Non-Executive Chairman of the Board. details

Windows launches Live Essentials, for Windows 7 and Windows Vista, which include Windows Live Mesh, Live Photo, Live Movie Maker, Live Messenger, Live Writer and Windows Live Mail. It’s being released in 48 languages. [details]