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Myanmar Hotel

Myanmar Opens up to Travelers and Hoteliers see Prospects

Travelers hoping to catch a glimpse of the glittering Shwedagon Pagoda or hear the tinkly temple-bells of Kipling's Road to Mandalay might one day be able to book into a Westin or a Marriott, thanks to Myanmar's emergence from political isolation.

Canon Earnings Outlook Falters, President Steps Down

Canon digital cameras are displayed at the company's showroom in Tokyo
Canon's 76-year-old chairman and CEO will take on the additional role of president after the $60 billion Japanese camera and printer maker forecast weak earnings growth and said its current president was stepping down.
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H5N1 Containment

Bird Flu Death Reported in Southwest China

A man in southwest China died of bird flu on Sunday after three days of intensive care treatment in hospital, the official Xinhua news agency quoted the Ministry of Health as saying.
The entrance of the Dotcom Mansion, home of accused Kim Dotcom, is seen in Coatesville

Megaupload.com a Story of Dotcom Boom and Bust

Kim Dotcom, also known as Kim Schmitz and Kim Tim Jim Investor, spent his 38th birthday on Saturday in a New Zealand jail after 70 police personnel raided his country estate at the request of the U.S. FBI, which alleges Dotcom masterminded a criminal -- and highly profitable -- copyright-infringement operation.
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Sony to Shift Lithium-Ion Battery Assembly Abroad: Report

Japan's Sony Corp. will transfer domestic construction of lithium-ion batteries used in products such as mobile phones and electric cars overseas by March 2014, as it works to overcome the strong yen, the Asahi newspaper reported on Saturday.
Kim Schmitz Megaupload

Who is Kim Schmitz? Megaupload Founder Had $23M Home, 18 Luxury Vehicles and Lots of Cash

Kim Schmitz, founder of Megaupload and otherwise known by his alias Kim Dotcom, was arrested by the Department of Justice Thursday for content piracy and losses to copyright owners that amount to $500 million. Schmitz was found by police in his New Zealand mansion's safe room, with what looked like a sawed-off shotgun Detective Inspector Grant Wormald said.
Steve Ballmer Microsoft CEO

Microsoft's Windows Battles Slack PC Sales

Microsoft Corp's fiscal second-quarter profit fell very slightly as lagging computer sales to cash-strapped consumers in the United States and Europe hurt its core Windows business.
Microsoft CEO Ballmer speaks at the last opening Microsoft keynote at the Consumer Electronics Show opening in Las Vegas

Microsoft Profit Slips as PC Sales Shrink

Microsoft Corp's fiscal second-quarter profit fell very slightly as lagging computer sales to cash-strapped consumers in the United States and Europe hurt its core Windows business.
A Sony Ericsson logo on a smartphone is pictured at a mobile phone shop in Tokyo

Sony Ericsson Swings to 4Q Loss Before Ownership Change

Sony Ericsson posted a quarterly loss that missed all forecasts after losing in the battle for smartphone sales in the key year-end period, showing the challenge for Sony as it prepares to take full control of the joint venture.
Microsoft CEO Steve Ballmer leaves the stage after the last opening Microsoft keynote at the Consumer Electronics Show opening in Las Vegas

Plodding PC sales weigh down Microsoft profit

Microsoft Corp is starting the new year much as it did the one just ended - grappling with weak computer sales tearing a hole in its core Windows business, while it gropes its way slowly into the faster-growing mobile phone and tablet markets.

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