Taipei - Taiwan's mobile phone sales were forecast to drop 9.3 per cent in 2009 because of weakened replacement demand and an extended replacement cycle, an industry report said Wednesday.
Sales were estimated at 6.39 million units by Taiwan's Market Intelligence and Consulting Institute, which called 2009 a crucial year for Taiwan mobile phone operators in terms of strengthening their share in the mobile internet market.
San Francisco - The internet was buzzing with chatter Friday following a report on an influential technology blog that Google was in talks to purchase cellphone blogging site Twitter.
The report on Techcruch. om said that the internet search giant was in late stage of negotiations to buy Twitter for a cash and stock deal which could be the company's biggest acquisition since it snapped up YouTube for 1.65 billion dollars three years ago.
San Francisco - Global sales of computer chips plunged 30 per cent in February compared to 2008, but there are signs that the worst of the slump might be over, the Semiconductor Industry Association said Friday.
The industry trade group said sales fell to 14.2 billion dollars in February from 20.3 billion dollars a year ago. Sales were down some 7.6 per cent compared to January
2009.
San Francisco - Business technology giant IBM has lowered its bid for server and software company Sun Microsystems by about 10 per cent in return for a guarantee that it will pursue the deal even in the face of regulatory challenges, the Wall Street Journal reported Thursday.
According to the report, IBM now proposes paying 9 dollars to 10 dollars per share for Sun, compared to 10 dollars to 11 dollars per share when the negotiations were first reported some two weeks ago.
Sydney - The Coca-Cola Co was ordered Thursday by Australian regulators to tell consumers an advertising campaign that said soft drinks didn't make people fat was misleading.
The US food and beverage giant had run a campaign stating it was a myth that Coke made people fat, rotted their teeth and contained lots of caffeine.
The Australian Dental Association and other health lobbying groups complained to Australia's consumer watchdog, the Australian Competition and Consumer Commission, which ruled Coca-Cola had breached the Trade Practices Act.
Zurich - Adecco, the largest staffing company globally, announced Thursday it had appointed Patrick De Maeseneire as the new Chief Executive Officer to replace Dieter Scheiff.
De Maeseneire, a Belgian national, had worked for Adecco for four years until 2002 and he currently serves as CEO of Barry Callebaut, a cocoa and chocolate company.
Adecco took a 22 million euro loss in the final quarter of last year and its profits for 2008 fell 33 per cent to 495 million euros. Its revenues for the entire year fell by 5 per cent to 20 billion euros.