|
Vodafone
takes first 3G step with J-Phone launch
Tokyo: Japan's J-Phone Corp on Friday became the
first Vodafone Group Plc unit to start a commercial third-generation
(3G) mobile phone service, bringing Europe's largest wireless
operator fresh growth potential.
Back
to News Review index page
Philip
Morris will have to cough up only $28m in damages
California: A California judge on Wednesday slashed
a record $28bn jury award against cigarette maker Philip
Morris to a comparatively paltry $28m, calling the punitive
damages legally excessive.
Back
to News Review index page
Palm
posts Q2 profit of $3m
New York: Palm, the No 1 maker of handheld computers,
on Wednesday said it swung to a fiscal second-quarter
profit, but warned of a third-quarter loss and lower revenues
due to an expected slowdown in sales.
Back
to News Review index page
Veritas
to buy Precise Software, Jareva Tech
Mountain View: Veritas Software, a maker of data
management software, said on Thursday it would buy Israel-based
Precise Software Solutions for about $537 million to enter
the network management software market.
Back
to News Review index page
AOL
may strike gold with instant messaging patent
New York: Media giant AOL Time Warner has quietly
won a US patent for instant messaging, a potential goldmine
as the online activity rivals mobile phone text-messaging
as the most popular new communication tool.
Back
to News Review index page
Alcatel
reorganizes into three business units to spur growth
Paris: SA, Europe's biggest phone-equipment maker,
is reorganizing into three business units as it seeks
to weather a third year of declines in demand.
Back
to News Review index page
CSFB
levied highest-ever fine by UK financial watchdog
London: Britain's financial watchdog slapped a
$6.4 million fine, its highest ever, on investment bank
Credit Suisse First Boston (CSFB) on Thursday for trying
to mislead Japanese regulatory and tax authorities.
Back
to News Review index page
Crude
oil rises on concern that US may attack Iraq
Brussels: Crude oil rose for the fifth day in six,
after gaining 11 per cent in a week, on concern the US
is moving closer to a war with Iraq that will disrupt
global oil supplies already reduced by strikes in Venezuela.
Back
to News Review index page
|
