Archive for July 27th, 2008

An un-American feel aids expanding US Web firms (AP)

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AP – AOL splashes images of Bollywood celebrities on its new home page for India. MySpace accepts sign-ups from mobile phones in Japan. Google departs from its customarily spartan home page and peppers its Korean site with colorful, animated icons.

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Nokia to reimburse German state to end plant closure row (AFP)

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AFP – Nokia will reimburse a German state over 1.3 million euros (two million dollars) to resolve a plant closure dispute that has cost the mobile phone giant tens of millions already, officials said Saturday.

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Activist shareholder nominees to join CSX board (AP)

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AP – Railroad giant CSX said it has asked two nominees of activist hedge fund shareholders TCI and 3G Capital to join its board, but said it will await a vote review and court action before seating its two remaining members.

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Sector Snap: Handsets up (AP)

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AP – Nokia Corp., Motorola Inc. and other handset makers rose along with the broader market Friday following Samsung Electronics’ report that its mobile phone sales rose 22 percent in the second quarter.

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Samsung's second-quarter net profit surges (AP)

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AP – South Korea‘s Samsung Electronics said Friday that second-quarter net profit grew 51 percent compared with the same quarter last year led by its liquid crystal display and mobile phone businesses.

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Samsung Elec Q2 net disappoints, outlook grim (Reuters)

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Reuters – Samsung Electronics Co Ltd (005930.KS) posted a lower-than-expected quarterly profit and faces a tough second half with a sluggish memory chip market and lower margins in flat screens and mobile phones.

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Wall Street Beat: Some Companies Shine Amid Gloom (PC World)

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PC World – When Samsung Electronics, a giant in chips, mobile phones and LCD panels, reported earnings on Friday, it noted worsening…

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Users May Help to Vet Android Apps (PC World)

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PC World – Google may use a user-driven rating system to help keep bad or harmful Android applications off mobile phones.

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Once media-shy Taliban go hi-tech in propaganda war (Reuters)

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Reuters – The once media-shy Taliban have gone hi-tech with DVDs, mobile phone messages, ring-tones, emails and a website to publicize their exploits and lambast their Afghan and Western enemies, a think-tank said on Thursday.

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China's mobile users top 600 million: govt (AFP)

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AFP – The number of mobile users in China, the world‘s biggest cellphone market, now tops 600 million, the government said, as subscribers increasingly abandon fixed lines.

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