Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
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US-TECH Summary
Reuters - Saturday, January 24
Intel's Barrett to bow out as tech crisis simmers
SAN FRANCISCO - Intel Corp <INTC.O> Chairman Craig Barrett, the courtly former academic credited with building the company into the world's foremost chip maker, will retire in May after 35 years at the company. Barrett, who turned Intel into one of the technology sector's powerhouses and a global household name, is leaving just when the company is slashing jobs, mothballing factories and struggling to sustain growth with IT spending crumbling.
Recession hits Silicon Valley as layoffs pile up
NEW YORK - The recession turned up late on Silicon Valley's doorstep but is likely to stay awhile, as technology companies slash thousands of jobs and rein in costs to make up for shrinking earnings and tight-fisted customers. Job cuts in the technology sector have trailed other industries until recent weeks. Now they are coming fast and furious as the economic downturn grips the Valley, the strip of land in northern California that is home to household names like Google Inc <GOOG.O> and Amazon.com Inc <AMZN.O>.
Senator asks Microsoft about job cuts, visas
WASHINGTON - A U.S. senator has asked Microsoft Corp <MSFT.O> about its plans to slash up to 5,000 jobs, urging the world's biggest software company to preserve the jobs of Americans ahead of foreigners working on visas. "I am concerned that Microsoft will be retaining foreign guest workers rather than similarly qualified American employees when it implements its layoff plan," Sen. Charles Grassley, an Iowa Republican, said in a January 22 letter.
Qimonda, Samsung hit by chip market crash
FRANKFURT/SEOUL - German memory chip maker Qimonda <QI.N> filed for insolvency on Friday and South Korea's Samsung Electronics <005930.KS> posted its first-ever quarterly loss, in the latest signs of recession hitting the technology sector. Qimonda said it filed an application to open insolvency proceedings, aiming to reorganize operations as part of an ongoing restructuring program -- just nine days after a similar move by Canadian telecoms gear maker Nortel Networks <NT.TO>.
DTV deal would extend Verizon, AT&T licenses
WASHINGTON - A proposed Senate compromise to delay the nationwide switch to digital TV would extend the licenses of AT&T Inc <T.N> and Verizon Communications Inc <VZ.N>, which are waiting for the airwaves to be vacated when all TVs convert. The proposal, announced late Thursday night by Democratic Sen. John Rockefeller and Republican Sen. Kay Hutchinson, would postpone the transition date to June 12 from the planned February 17, on worries that consumers are not ready.
Mobile phone market to shrink in 2009
HELSINKI said. "We expect the first half of 2009 to be very weak, as the industry is hit by a double whammy of slowing post-holiday shipments in developed markets and subdued demand during the normally buoyant Chinese New Year in Asia," SA said on Friday.
IBM tool helps companies cut costs and emissions
LOS ANGELES - International Business Machines Corp <IBM.N> unveiled a consulting tool on Thursday that allows companies to reduce both costs and carbon dioxide emissions in their supply chains. The offering -- which IBM calls the Supply Chain Network Optimization Workbench, or SNOW -- comes as companies are under pressure to both slash expenses amid a slumping global economy and reduce impact on the environment.
China says Web crackdown to be "long-lasting"
BEIJING - China sought on Friday to portray its Internet crackdown as a campaign to protect youth from filth and nothing to do with stifling political dissent, with an official promising long-lasting action against "vulgarity." China has already detained 41 people as part of the crackdown, but the government's move was in reality no different from laws in the United States and Europe which also aim to keep children from harmful sites, said Liu Zhengrong, deputy director of the State Council Information Office's Internet Bureau.
VeriSign to buy Certicom; RIM backs out
TORONTO , or C$50 million net of Certicom's existing cash and short-term marketable securities, the companies said on Friday.
Microsoft leaves many sleepless in Seattle
SEATTLE/LOS ANGELES - For affluent Seattle, Microsoft is just the tip of the iceberg. Microsoft's <MSFT.O> announcement it will lay off 5,000 in its biggest-ever job-cut rippled through the Seattle area on Thursday, further unnerving residents of an already-bruised city of just over 3 million.
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