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Vodafone is launching it, and will be selling cellphones to Second Life users allowing them to call each other within the virtual world, and send each other text messages. Users will get the phones from Vodafone Island, which is due to launch next month. No news yet on whether Vodafone will face competition from the likes of Sprint or Verizon.

A comprehensive review on 'Second Life' by Linden Labs. Second Life is a 3-D virtual world which is inhabited by people that try to escape reality.In this fancy virtual world you can be whatever you like to be, roam around and even earn money, at least so says their website! Read what's really like...

Reuters reported yesterday that Bureau Chief Adam Pasick will conduct a "Second Life" virtual-world panel with guests including Linden Lab Chairman Mitch Kapor, author and entrepreneur John Battelle former Virginia Governor Mark Warner and musician Peter Gabriel during the World Economic Forum, with the theme: The Shifting Power Equation.

The inhabitants of the virtual world “Second Life” are in for a new highlight next week. On 20 February 2007 Mercedes-Benz sets up its own representation in the online world at Second Life.

Real Goods in a Virtual World
By: Jacob Ruytenbeek

In today’s world it’s difficult for any medium to large company to compete without conducting business internationally. Many times, even small businesses can take advantage of sourcing products from around the world to cut down on their bottom line. The ease of conducting e-business has also encouraged if not required businesses to sell their goods and services worldwide. If the world has gone global, what other markets are there to sell to? Second Life has created some creative opportunities to combine real life with the virtual life.