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China denies it is behind hacking of U.S. satellites

BEIJING | Mon Oct 31, 2011 6:01am EDT BEIJING (Reuters) – Beijing on Monday denied a U.S. commission’s claim that China may have been responsible for hacking incidents on U.S. environment-monitoring satellites, saying that the committee had “ulterior motives” in writing such a draft report. At least two U.S. environment-monitoring satellites were interfered with four [...]

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  • October 31st, 2011 by admin

Panasonic sees $5.5 billion annual loss, worst in a decade

By Isabel Reynolds TOKYO | Mon Oct 31, 2011 6:39am EDT TOKYO (Reuters) – Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as restructuring costs ballooned, and a soaring yen and weak demand in the United States and Europe eroded income. Panasonic [...]

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  • October 31st, 2011 by admin

Smartphone users hit 20 million mark in S. Korea

The number of smartphone subscribers in South Korea surpassed 20 million last week, with about 40 percent of South Koreans carrying the mobile device, the country’ s telecom regulator said Sunday.

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  • October 31st, 2011 by admin

Cablecom head eyes "all options" regarding Swiss Orange: report

ZURICH | Sun Oct 30, 2011 8:25am EDT ZURICH (Reuters) – The head of internet, telephone and TV provider Cablecom said he was looking at all options when asked about whether his firm might buy mobile phone provider Orange Switzerland, a unit of France Telecom SA, a newspaper reported on Sunday. Cablecom chief Eric Tveter [...]

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  • October 31st, 2011 by admin

Japan’s Noda seeking clarification from Olympus over payments

LONDON | Sun Oct 30, 2011 6:50pm EDT LONDON (Reuters) – Japanese Prime Minister Yoshihiko Noda has called for clarification about a string of controversial payments made by Olympus, the Financial Times reported on Sunday. Noda acknowledged it might be considered inappropriate for a prime minister to comment on a private company but told the [...]

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  • October 31st, 2011 by admin

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