Myspace Founder Claims Foul-Play in News Corp Acquisition
Brad Greenspan, founder of myspace.com, claimed on Thursday that Intermix Media Inc.'s sale of Myspace intentionally defrauded shareholders out of tens of billions of dollars.
Causal and Female Gamers to Drive Mobile Gaming Industry
Technologically advanced games from some of the largest game developers draw widespread attention, however a new research report indicates that mobile gaming will drive the gaming industry, led by casual and female gamers.
Photo and Real Estate Sites Lead European Internet Visits
Europeans are visiting more photo and real-estate websites a study released on Thursday reveals.
Google Launches Online Literary Project
Google launched a new program to promote literacy by harnessing the power of the internet, aggregating books maps, blogs and video together to assist teachers and educators.
Steve Jobs to Retain CEO Title: Analysts
Apple Computer announced the results of its internal stock options investigation on Wednesday, finding 15 instances option-backdating leading to the resignation of the firms CFO, however experts believe Steve Jobs should not be affected.
Kenya Airways Postpones Brazzaville Route Launch
Kenya Airways will not launch scheduled flights to Congo Brazzaville tomorrow as earlier announced.Unresolved issues in negotiations on air traffic rights forced the last-minute cancellation.
Barclay's Staffs Resume Work But Talks Continue
Striking workers of Barclays Bank Ghana yesterday resumed work following a resolution of grievances of workers at a meeting between the workers' representatives, the Management in the presence of National Labour Commission (NLC) and the Trades Union Congress (TUC).
SAA About to Cast a Shadow Over Budget Airlines
The South African airline industry is far from saturated and there is still room for new blood, particularly in the underserved low-cost airline market, analysts say.
Why the East African Community Needs Rwanda
The debate on whether or not Rwanda and Burundi should be included in the East African Community (EAC) has existed since the concept of re-igniting the regional union several years ago. Internally, the will to federate in East Africa has always seemed crippled by instincts of self preservation arising out fear of domination by a 'superior state' over 'weaker' ones.
Ethiopian Airlines is Africa's Best
Ethiopian Airlines has won the African Airline of the Year 2006 Award, the company's management announced last Wednesday.
Surprise MTN Move to Boost Nigerian Stake
MTN is spending $348,9m to bump up its shareholding in MTN Nigeria by buying out some of the minority investors. It will pay $287,8m in cash and issue 6-million shares in the parent company to take an extra 6,98% in the Nigerian subsidiary, giving it an 81,87% share.
China labors knocks at door of New Zealand
New Zealand, be short of workforce, become a goal of China who are seeking the ways for its superfluous skilled labors in the world.
HK building sale surge 29.8% September
11,260 sale and purchase agreements of all types of building units were subscribed in September, an surge of 29.8% on August and a rise of 29.3% on the same period last year, Hong Kong Land Registry said.
E-mail leakage lead Andy Xie's resignation
Morgan Stanley Asian director and general manager Andy Xie suddenly refered a resignation......
HK shares record new high in six years
Hong Kong shares yestoday rose 22 pcts to close at 17,629, recording a new high point in six year for 5 consecutive increasing days; while the market value of HK shares aslo broke the historic record......
EU levy anti-dump taxes for China shoes dragging HK dealers
European Union (EU) yestoday announced it will collect the anti-dumping taxes of 16.5% and 10% for leather shoes importing from China and Vietnam respectively......
Shui On Land jumps 10 pct on debut
Shui On Land, a Shanghai-based property developer, gave brokers a surprise - its shares climbed 10.28% on their Hong Kong trading debut Wednesday.
Microsoft to Heighten Anti-Piracy Measures in Windows Vista
Microsoft's anticipated next generation operating system will include measures to thwart potential software pirates, the company said on Wednesday, including a method hindering the software if appropriate registration is not made.
Wireless Bills Continue to Rise: Study
Overall spending for wireless service has increased significantly from 2004 as customers continue to try new non-voice services a new study finds.
GM, Renault and Nissan Talks Fizzle
General Motors, the world's largest carmaker, said together with Renault and Nissan on Wednesday, that they have collectively agreed to end talks on a possible alliance. While significant synergies could be realized, the companies could not agree how best to distribute the benefits of their cooperation.
Apple's iPod Continues to Gain Market Share
Despite emerging competition and an already sizable market share, Apple Computer continues to gain share with its venerable iPod music player latest research finds.
Bernanke: U.S. Should Save More
Federal Reserve Bank Chief Ben Bernanke said on Wednesday there is a need for U.S. consumers to save more money. However he added that “no silver bullet†has yet been found for a way to increase household savings.
IDC: Wireless Network Industry to Grow 17% by 2010
While industry-wide competition has continued to force pricing down, opportunity continues to abound for WLAN chip suppliers, according to market research company IDC.
Malaysia Airlines Disappointed with New A380 Delay
The Malaysian flag carrier, Malaysia Airlines, has expressed disappointment following the latest delay of the Airbus A380 jumbo jet. The airline said it is now considering all available options.
MFM: New Stock Lending Team Head
Morley Fund Management today announced that it appointed Mick Chadwick as head of dealing on its stock lending team.
European Firms Guilty in Lesotho Water Project
Three European companies were found guilty of fraud in a major development project in southern Africa by a Lesotho judiciary. The companies were fined a total of $5.6 million (€4.4 million) on Wednesday.
Social Networking May Lead to Hacking, Identity Theft: Report
Social networking is growing in popularity, however a recent study indicates that users of social networking websites engage in risky behavior, potentially putting themselves at risks to hackers and identify thieves.
Chevron, U.S. Gov't to Partner on Fuel Research
Chevron Corp and the National Renewable Energy Laboratory will work together to further develop the research of renewable energy fuels.
Yahoo Connects Advertisers to Mobile Users
Search leader Yahoo Inc. announced on Wednesday that it is expanding its mobile search services to include sponsored search results, connecting its advertisers directly with mobile users.
Mobile Displays to Ship 1.2 miln units in 2006: Report
The mobile display industry is getting a boost from multimedia enabled cell phones, with shipments expected to grow 17 percent in 2006.