Melanie's Feed
Sep 27, 2011

Asian tech firms face stiff challenge in mobile systems

SHANGHAI (Reuters) – Mobile operating systems developed by Asia’s top technology firms will at best only chip away market share from dominant leaders Google’s Android and Apple’s iOS.

And such a scenario would only be possible if these companies, such as China’s Baidu Inc and Alibaba Group are able to court enough application developers, analysts said.

Sep 23, 2011

Alibaba.com boosted by private equity investment

SHANGHAI (Reuters) – Private equity firms looking to invest into Alibaba Group have relieved pressure on Chairman Jack Ma to stage a speedy IPO by allowing a way for employees to sell their shares to willing buyers.

Shares of Alibaba.com, the only listed unit of the group, bucked a selloff in the broader market to close 2.8 percent higher after three private equity firms said they were looking to buy shares in Alibaba Group.

Sep 16, 2011

Europe, U.S. face 10 years of slow growth – Gordon Brown

DALIAN, China (Reuters) – Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not implemented soon, former Prime Minister Gordon Brown said on Friday.

“Unless there is global coordination…I foresee 10 years of low growth in Europe and America, I foresee very high levels of unemployment and I foresee a failure of coordination that will lead in the end to greater protectionism,” Brown told reporters and participants at the World Economic Forum in Dalian.

Sep 16, 2011

Europe and U.S. face 10 years of slow growth: UK’s Brown

DALIAN, China (Reuters) – Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not implemented soon, former British Prime Minister Gordon Brown said on Friday.

“Unless there is global coordination…I foresee 10 years of low growth in Europe and America, I foresee very high levels of unemployment and I foresee a failure of coordination that will lead in the end to greater protectionism,” Brown told reporters and participants at the World Economic Forum in Dalian.

Sep 16, 2011

Europe, US face 10 years of slow growth-UK’s Brown

DALIAN, China, Sept 16 (Reuters) – Europe and the United
States could face 10 years of slow growth and high unemployment
if a global solution for the euro zone debt crisis is not
implemented soon, former British Prime Minister Gordon Brown
said on Friday.

“Unless there is global coordination…I foresee 10 years of
low growth in Europe and America, I foresee very high levels of
unemployment and I foresee a failure of coordination that will
lead in the end to greater protectionism,” Brown told reporters
and participants at the World Economic Forum in Dalian.

Sep 15, 2011

Airbus sees China, Asia as recession buffer

DALIAN, China, Sept 15 (Reuters) – Demand for new airplanes
from China and Asia will provide Airbus with a buffer for growth
in the event of a global recession resulting from Europe’s debt
crisis, the company’s chief operating office said on Thursday.

“So far we have 1,000 net orders (from Europe) at the end of
August and the air traffic is still good,” Fabrice Bregier told
Reuters in an interview.

Sep 6, 2011

Dell to partner with Baidu for tablets, mobiles

SHANGHAI (Reuters) – Dell Inc plans to partner with China’s top search engine Baidu Inc to develop tablet computers and mobile phones, targeting the Chinese market now dominated by Apple Inc and Lenovo devices.

China is one of the fastest growing markets for tablets and is home to more than 900 million mobile phone subscribers. Analysts said the tie-up could be Dell’s way to revive its flagging tablet business.

Sep 6, 2011

Dell to partner Baidu to develop tablets, mobile

SHANGHAI (Reuters) – Dell Inc said on Tuesday it will partner China’s top search engine Baidu Inc to develop tablet computers and mobile handsets.

Baidu offered a glimpse of its upcoming mobile operating system and launched a new mobile application platform last Friday aimed at bolstering its presence in the increasingly competitive mobile web market.

Sep 2, 2011

Baidu mulls mobile, cloud computing acquisitions

BEIJING (Reuters) – China’s Baidu Inc is on the lookout for acquisitions in mobile Internet and cloud computing, part of a broader drive to bolster its presence in the increasingly competitive mobile web market.

China’s top Internet search engine launched a new mobile application platform on Friday, named Baidu Yi, and offered a glimpse of its upcoming mobile operating system which it hopes will service a growing number of users accessing the Internet from smartphones and tablet computers.

Sep 2, 2011

China’s Baidu launches mobile apps platform

BEIJING (Reuters) – China’s top search engine Baidu Inc launched a new mobile application system on Friday, seeking to bolster its presence in the mobile web as competitors including Alibaba Group increase their mobile offerings.

The platform, named Baidu Yi, will enable third-party application developers to create apps such as games, maps and other tools that they can distribute in the Yi store in a similar way to Apple Inc’s App store.