21/05/2009

Lenovo reports losses as sales plummet (Update)

China's Lenovo, the world's fourth largest maker of personal computers, Thursday reported a net loss of 226.4 million US dollars in the 2008-09 fiscal year citing structural changes and weak sales.

UN study advises caution over dams

(AP) -- A dam-building spree in China poses the greatest threat to the future of the already beleaguered Mekong, one of the world's major rivers and a key source of water for the region, a U.N. report said Thursday.

Tessera wins patent dispute with chipmakers

(AP) -- Tessera Technologies Inc. said Wednesday that it won a patent dispute over small-format semiconductor packaging products, with the International Trade Commission issuing a cease-and-desist order against rivals Motorola ...

Obama calls astronauts aboard shuttle Atlantis

(AP) -- President Barack Obama told the astronauts aboard space shuttle Atlantis on Wednesday that they are an example of the dedication and commitment to exploration that represents America.

NetApp to buy Data Domain in $1.5 billion deal

(AP) -- Data storage company NetApp Inc. said Wednesday it agreed to buy data backup and disaster recovery systems provider Data Domain Inc. for $25 per share in cash and stock, or about $1.5 billion.

Indonesian clerics want rules for Facebook

(AP) -- Muslim clerics are seeking ways to regulate online behavior in Indonesia, saying the exploding popularity of social networking sites like Facebook could encourage illicit sex.

Sweden helps SKorea convert food waste into biogas

(AP) -- The South Korean city of Ulsan lets water generated from processing food waste run off into the ocean, which can generate methane gas harmful to the environment.

Japan's ex-IT mogul told to pay damages in Livedoor scam

A Japanese court on Thursday ordered disgraced dotcom tycoon Takafumi Horie and his aides to pay seven billion yen (74 million dollars) in damages to shareholders in his former firm over a fraud case.

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