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GetFugu Rocks CTIA
News from CTIA is that GetFugu is making a big impact at the show. Executives say that clients have signed up and that GetFugu now has seen the first wave of what we all hope to be huge revenue
Keep an eye on the news wires, GetFugu is overdue for a run.
U.S. FTC sues Intel for market monopoly
The US Federal Trade Commission Wednesday filed suit against Intel Corp., the world’s leading computer chip maker, charging that the company illegally uses its dominant market position to stifle competition and strengthen its monopoly.
In its complaint, the FTC alleges that Intel has waged a systematic campaign to shut out rivals’ competing microchips by cutting off [...]
Red Bamboo talks with Action Star Gary Daniels
Action Star Gary Daniels talks BIFF’09, ‘Stone Cold’ Steve Austin, Sylvester Stallone and the upcoming movies Tekken and The Expendables…
I met Gary Daniels for lunch at the brand spanking new Chatrium Suites, the latest edition to Bangkok’s plethora of 5 star hotels, strategically located on the shores of the Chao Praya River. In town to [...]
GE searching for buyer of its security division for US$2B
General Electric is looking to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the ra
nge of US$2Bfor the unit.
The US conglomerate has received preliminary indications of interest from rival manufacturers looking at the unit, and is now working towards securing another round of more [...]
Chinese banks absorbed US$32.78B in foreign capital
EH LTN recently learned that, as of the end of Y 2008, 12 countries and regions have set up 28 foreign owned banks, two joint venture banks and two foreign-owned finance companies in China.
75 foreign banks from 25 countries and regions have set up 116 branches in China.
In addition, the ICBC, Bank of China, China [...]
Australia on the Move
Look out, if you though the Rio Tinto/Stern Hu matter would put a kink in the Aussie/China business relationship you were dead wrong. Have a bit of a look at what happened last week down under:
High-level diplomatic tensions aside, there was lots of here in Oz last week, including the largest-ever trade deal between the two [...]
Oracle gets clearance in the US for Sun acquisition, Eurozone pending
Oracle gained clearance from the US Department of Justice for its US$7.4B acquisition of Sun Microsystems after an earlier delay in the approval process threatened to derail the transaction.
The US software company had originally hoped to the close the deal quickly, but hit a stumbling block when the DOJ failed to give its approval at [...]
Universal Music licenses Sinatra rights
Universal Music has secured the international rights to 38 albums recorded by Frank Sinatra, heralding an acceleration of plans to commercialize the entertainer’s estate on the eve of the 40th anniversary of the release of My Way.
Frank Sinatra Enterprises, a joint venture established in 2007 between the Sinatra family and Warner Music, will announce on [...]
Ford increases Q-3 production under “Cash for Clunkers” program
US carmaker Ford Motor Co. announced yesterday that it is boosting Q-3 production in North America by another 10,000 units to meet increased demand for its vehicles.
According to Ford Americas President Mark Fields, the company’s third-quarter production goal is now 495,000 units, about 18% higher than a year ago.
Ford also increased its production targets for [...]
ASEAN Economic Ministers Meeting opens in Thailand
The 41st ASEAN Economic Ministers Meeting (AEM) and related meetings opened in Bangkok on Friday under the theme:
“Walk Together, Work Together towards AEC”.
The 41st AEM meeting and the related meetings are essential for setting directions for economic policies within the ASEAN member countries and also for setting guidelines for relationships among the ASEAN countries and [...]
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