Tau-pair production in the process e+e- -> e+e-tau+tau- was studied using data collected by the DELPHI experiment at LEP2 during the years 1997 - 2000. The corresponding integrated luminosity is 650 pb^{-1}. The values of the cross-section obtained are found to be in agreement with QED predictions. Limits on the anomalous magnetic and electric dipole moments of the tau lepton are deduced.
Vector meson production is studied in the reaction γγ→K+K−π+π−. A clear Φ(1020) signal is seen in theK+K− mass distribution and aK*0 (890) signal is visible in theK±π∓ one. Both do not seem to be strongly correlated with quasi two body final states. Cross sections for the processes γγ→K+K−π+π−, γγ→Φπ+π−, γγ→K+0K±π∓ and upper limits for the production of Φp, ΦΦ andK*0\(\overline {K^{ * 0} } \) are given as function of the invariant γγ mass.
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