Philip Willan

The Telecom Italia Group has agreed to invest U.S.$2 million in the share capital of Virtual Self, an Israeli company that develops of knowledge management software for Internet and intranet networks, Telecom Italia SpA announced Thursday.

The Italian government excluded Tu Mobile SpA from the competition for Italy's fiven third-generation (3G) mobile phone licenses, reducing the number of contestants to six, the prime minister's office announced last Thursday.

When the frescoed ceiling of Assisi's Basilica of St. Francis crashed to the floor two-and-a-half years ago,...