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Thursday, March 29, 2012

Technology Report: Star-struck Japan PM befriends Facebook's Zuckerberg

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03/29/2012
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Star-struck Japan PM befriends Facebook's Zuckerberg
TOKYO (Reuters) - Japanese Prime Minister Yoshihiko Noda frequently entertains dignitaries from all over the world, but he was a touch star-struck on Thursday when he hosted a young billionaire with a whiff of celebrity: Facebook chief executive Mark Zuckerberg.
Apple, Foxconn vow wide revamp of worker conditions
SAN FRANCISCO (Reuters) - In a landmark development for the way Western companies do business in China, Apple Inc said Thursday it had agreed to work with partner Foxconn to substantially improve wages and working conditions at the factories that produce its wildly popular products.
Eircom applies for court protection over $5 billion debt
DUBLIN (Reuters) - Ireland's former state telecom operator eircom applied for court protection as expected on Thursday to allow it restructure its 3.75 billion euro ($5 billion) debt mountain, a move it said was "necessary and unavoidable".
More clean tech IPOs come to market, amid skepticism
(Reuters) - Two clean tech companies plan to go public this week in what some see as a sign that the sector is starting to recover.
LivingSocial drops Instant for food order service
SAN FRANCISCO (Reuters) - LivingSocial, the second-largest daily deal company, said on Thursday it ended its Instant mobile deals business, replacing it with a food-ordering service called Takeout & Delivery.
Avaya IPO faces long wait amid Facebook mania
NEW YORK (Reuters)- Telecom equipment maker Avaya Corp may have to push out its initial public offering to 2013 amid fierce competition for investor attention from hot technology properties like Facebook Inc.
Robo-readers: the new teachers' helper in the U.S.
(Reuters) - American high school students are terrible writers, and one education reform group thinks it has an answer: robots.
Apple CEO visits Foxconn's iPhone plant in China
SHANGHAI (Reuters) - Apple Inc's Tim Cook, on his first trip to China as the chief executive officer, has visited an iPhone production plant run by the Foxconn Technology Group, which is being accused of improper labor practices.
EBay taps tech entrepreneur to lead PayPal
(Reuters) - EBay Inc named mobile technology entrepreneur David Marcus president of its PayPal unit on Thursday, replacing Scott Thompson, who left in January to become chief executive of Yahoo Inc.
Australia PM stands by Huawei ban despite China plea
CANBERRA (Reuters) - Australian Prime Minister Julia Gillard backed a ban on Chinese telecoms firm Huawei from tendering for major government contracts on Thursday after Beijing raised concerns about fair treatment for Chinese firms.
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