Wed, 15 Feb 2012 10:30:16 +0100 HONG KONG/TAIPEI (Reuters) - A Chinese technology firm seeking to ban all shipments of Apple's popular iPad tablet into and out of the country has been told that China's customs authorities are unlikely to intervene in the trademark battle. Proview Technology, the Chinese company embroiled in a legal battle with Apple Inc over the iPad name, said on Wednesday that customs authorities had told it that the sheer size of the market and the popularity of iPads would make it difficult to impose a ban. ... (Source: Reuters)
Exclusive: Facebook governance a concern for Calif pension fund
Tue, 07 Feb 2012 03:20:10 +0100 NEW YORK (Reuters) - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System. The pension fund, which has a portfolio valued at around $145 billion, is planning to send a letter to Facebook, hoping to engage the social networking website on corporate governance, two CalSTRS executives told Reuters in an interview on Monday. ... (Source: Reuters)
Exclusive: Hacked companies still not telling investors
Thu, 02 Feb 2012 13:50:11 +0100 SAN FRANCISCO (Reuters) - At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures. Top U.S. cybersecurity officials believe corporate hacking is widespread, and the Securities and Exchange Commission issued a lengthy "guidance" document on October 13 outlining how and when publicly traded companies should report hacking incidents and cybersecurity risk. ... (Source: Reuters)
Fri, 27 Jan 2012 05:30:11 +0100 A new taste for eating elephant meat — everything from trunks to sex organs — has emerged in Thailand and could pose a new threat to the survival of the species. (Source: Associated Press)
Exclusive: Office Depot tests PayPal's new point-of-sale system
Sat, 21 Jan 2012 23:20:09 +0100 NEW YORK (Reuters) - Office Depot Inc, the second-largest U.S. office supply retailer, is testing PayPal's new point-of-sale system in a few stores, a top executive told Reuters. The news comes just days after eBay Inc's PayPal unit said it had started testing in-store payments in 51 Home Depot stores, as the online payments provider moves to expand into the physical world of brick and mortar. PayPal has talked about its plans to offer the service at 20 major retailers by the end of the year, but not named other chains participating in the initiative. ... (Source: Reuters)