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Spending on 3G expected to fall in 2010

Business | Information industry
2009-11-21

SPENDING on Chinese mobile communications infrastructure is expected to peak this year and will decline in the following years, a United States-based research firm said yesterday. This year, investment in wireless...

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EU extends deadline on anti-trust review

Business | Information industry
2009-11-21

EUROPEAN Union regulators said yesterday that they have extended until January 27 a deadline to wrap up their antitrust review of Oracle Corp's planned US$7.4-billion takeover of Sun Microsystems Inc. The European...

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Authors decry Google project

Business | Information industry
2009-11-20

GOOGLE Inc, which scanned and upload books of more than 700 Chinese writers without permission, should provide a compensation plan for writers by the end of this year, a Chinese authors' group urged today. The...

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EBay completes sale of Skype for US$2 billion

Business | Information industry
2009-11-20

EBAY has completed its sale of Skype for about US$2 billion to an investor group that included the founders of the Internet phone service. Last week, the online auction site settled a legal skirmish with co-founders...

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Telco signals busier call traffic

Business | Information industry
2009-11-20

CHINA Mobile, the world's top mobile carrier by subscribers, yesterday said its call traffic has bounced back to pre-global downturn levels, lifted by a rebounding economy. China Mobile's international business...

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Telekom awaits approval for Strato takeover

Business | Information industry
2009-11-20

GERMAN telecoms provider Deutsche Telekom AG is taking over Strato, a German Web hosting company. Deutsche Telekom, based in Bonn, said the boards of both companies had approved the plan but that it still faced...

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Cautious forecast for chip makers

Business | Information industry
2009-11-20

BOFA Merrill Lynch lowered its 2010 growth forecast for the global semiconductor industry and downgraded 10 chip makers, including Intel Corp, becoming more cautious on expectations of a modest overshoot in global...

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Infineon turns to black in Q4

Business | Information industry
2009-11-20

GERMAN chip maker Infineon Technologies AG said yesterday its fourth-quarter net income rose sharply from a large loss a year ago, helped by cost reductions. Infineon, based in Neubiberg, said net profit totaled...

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Fewer ads and higher costs hit NetEase

Business | Information industry
2009-11-20

NET profit at NetEase Inc, China's second-largest online game portal, was lower than expected in the third quarter because online advertising fell while operating costs to run the "World of Warcraft" increased. ...

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NetEase profit dips on advertising fall

Business | Information industry
2009-11-19

CHINA'S second-largest online game provider NetEase Inc saw lower-than-expected profit in the third quarter, with a drop in online advertising and rising operating costs for the "World of Warcraft" game. Profit...

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Microsoft loses IPR round to China firm

Business | Information industry
2009-11-19

MICROSOFT Corp has found itself in an unusual role in an intellectual property rights case in China -- as the defendant. The US-based software giant has been ordered by a Beijing court to stop selling eight versions...

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Singapore GIC buys Shanda Games stake

Business | Information industry
2009-11-19

SINGAPORE'S biggest sovereign wealth fund, GIC, has bought a 5.4 percent stake in China's Shanda Games, its second recent investment in a newly listed firm in the United States. The move comes after GIC, as the...

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China Mobile gears up for 4G

Business | Information industry
2009-11-19

CHINA Mobile is to launch 4G mobile communication services as early as 2011 to boost its high-margin data services, industry officials said yesterday. The world's biggest mobile carrier will roll out LTE (long...

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iPhone gets signal to sell in S. Korea

Business | Information industry
2009-11-19

SOUTH Korea's telecommunications regulator yesterday cleared the way for the launch of Apple's iPhone amid reports the device could reach consumers late next week. The Korea Communications Commission approved...

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Microsoft ordered to shut Windows sales

Business | Information industry
2009-11-18

MICROSOFT Corp was ordered by a Beijing court to stop selling various computer operating systems including Windows XP in China, because it was involved in a license violation case over Chinese characters designed by...