On February 2008, FARC released four political hostages "as a gesture of goodwill" toward Chávez, who had brokered the deal and sent Venezuelan helicopters with Red Cross logos into the Colombian jungle to pick up the freed hostages.
In February–March 2008, Kohli captained the victorious Indian team at the 2008 ICC Under-19 Cricket World Cup held in Malaysia. Batting at number 3, he scored 235 runs in 6 matches at an average of 47 and finished as the tournament's third-highest run-getter and one of the three batsmen to score a hundred in the tournament.
On 11 February 2008, a motorcade containing Gusmão came under gunfire one hour after President José Ramos-Horta was shot in the stomach. Gusmão's residence was also occupied by rebels. According to the Associated Press, the incidents raised the possibility of a coup attempt; they have also described as possible assassination attempts and kidnap attempts.
On 20 February 2008, in the wake of a major research on the ten-year-mismanagement, it was announced that Cruyff would be the new technical director at his boyhood club Ajax, his fourth stint with the Amsterdam club.
O'Neal made his Suns debut on February 20, 2008, against his former Lakers team, scoring 15 points and grabbing 9 rebounds in the process. The Lakers won, 130–124. O'Neal was upbeat in a post-game press conference, stating: "I will take the blame for this loss because I wasn't in tune with the guys [...] But give me four or five days to really get in tune and I'll get it."
After assuming what was envisioned as a temporary control over the presidency in 2006, on 24 February 2008 Raúl Castro won election as the new President of the Council of State and President of the Council of Ministers during a legislative session held at Cuba's Palace of Conventions in Havana.
In a February 2008 letter, Castro announced that he would not accept the positions of President of the Council of State and Commander in Chief at that month's National Assembly meetings, remarking, "It would betray my conscience to take up a responsibility that requires mobility and total devotion, that I am not in a physical condition to offer". On 24 February 2008, the National Assembly of People's Power unanimously voted Raúl as president. Describing his brother as "not substitutable", Raúl proposed that Fidel continue to be consulted on matters of great importance, a motion unanimously approved by the 597 National Assembly members.
The European Union imposed another fine of €899 million ($1.4 billion) for Microsoft's lack of compliance with the March 2004 judgment on February 27, 2008, saying that the company charged rivals unreasonable prices for key information about its workgroup and backoffice servers. Microsoft stated that it was in compliance and that "these fines are about the past issues that have been resolved".