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| January 12, 2014 |
 US court upholds BP settlement for Gulf oil spill Washington (AFP) Jan 11, 2014 - A US federal appeals court upheld Friday a multibillion-dollar settlement between BP and the coastal residents and businesses hit by the company's massive Gulf of Mexico oil spill in 2010. The British energy giant reached a $7.8 billion settlement in 2012 with thousands of claimants struck by the worst environmental disaster in US history. But it had been challenging the way Patrick June ... more |  |
 Goldman Sachs pulls out from Pacific coal export project Seattle (UPI) Jan 10, 2013 - Goldman Sachs has pulled out its investment in the proposed Gateway Pacific Terminal, expected to be the largest coal export terminal in North America. The investment bank this week sold its 49 percent ownership of FRS Capital Corp. stock, the holding company of Seattle-based port operator Carrix Inc., the parent company behind the Gateway Pacific Terminal. The new investor is ... more |  |
 Homes become members of the family with smart parts Las Vegas (AFP) Jan 11, 2014 - Appliances are becoming part of the family, weighing in with insights while helping with chores from cooking to doing laundry. Home networks that allowed household items such as lamps, thermostats and locks get "smart" with Internet connections and computing power were among trends gaining steam at the Consumer Electronics Show that ends here Friday. South Korean home appliance titans LG ... more |  |
 Obama sets up quadrennial review of U.S. energy strategy Washington (UPI) Jan 9, 2013 - Transmission and distribution infrastructure will be the focus of the first Quadrennial Energy Review President Obama directed his administration to conduct. Obama set up the panel to study the U.S. energy strategy and report to the president every four years in a memorandum Thursday, the White House said in a release. Building on a foundation provided in Obama's Blueprint for a ... more |  |
Poland's PGE OKs $3.78 billion expansion of Opole coal-fired plant Opole, Poland (UPI) Jan 10, 2013 - Construction will begin next month on 1,800 megawatts of new coal-fired generating capacity at Poland's Opole Power Plant, owner PGE announced this week. A statement released Thursday by the state-owned power producer said its management board had approved a program of internal financing to build two 900-megawatt generators in a $3.78 billion expansion of the Opole plant, to be designed ... more |  |
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 Fukushima operator paid way over odds on procurement Tokyo (AFP) Jan 10, 2014 - The operator of Japan's crippled Fukushima nuclear plant has paid way over the odds to contractors, a company spokesman said Friday, vowing to boost cost-controls at the taxpayer-subsidised firm. An internal probe looking at how contracts worth 1 trillion yen ($10 billion) were awarded has found the company routinely paid a lot more than the going rate because prices were inflated by layers ... more |  |
 India clears Posco steel plant ahead of S. Korean visit New Delhi (AFP) Jan 10, 2014 - India's environment ministry has approved South Korean multinational Posco's plans to build a long-delayed $12 billion steel plant, the company said Friday, days ahead of a visit by South Korea's president. But protest groups vowed to keep up their fight against the plant, which represents the largest ever foreign direct investment in India. The delays faced by the project have become e ... more |  |
China drops game console sales ban, with conditions Shanghai (AFP) Jan 08, 2014 - China has formally authorised the domestic sale of game consoles made in Shanghai's new free trade zone (FTZ),potentially opening its lucrative market to the likes of Sony's PlayStation and Microsoft's Xbox. The move effectively lifts a ban lasting more than a decade on domestic console sales - even though imports remain officially blocked, while illicit machines are already widely availabl ... more |  |
Twitter co-founder launches app for asking about what you see San Francisco (AFP) Jan 07, 2014 - Twitter co-founder Biz Stone on Tuesday took the wraps off a smartphone application that invites people to tap into their online social networks for answers about things they see. Jelly, available free for Apple gadgets or mobile devices powered by Google-backed Android software, let people reach out virtually to friends, or friends of friends, when interested in finding out more about where ... more |  |
Target says data breach hit up to 110 mn customers New York (AFP) Jan 10, 2014 - Giant US retailer Target said Friday that up to 110 million customers have had their personal data stolen in a data breach, sharply raising its initial estimate. The number of people affected represented one in three Americans, and the scope of the information stolen was much broader than originally thought, Target admitted. Target initially reported on December 19 that payment card data ... more |  |
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Smartphone apps multiply, but so do germs Las Vegas (AFP) Jan 10, 2014 - It may be your best friend, but your smartphone is also probably teeming with germs. As innovators descended on the Consumer Electronics Show, companies offering better sanitizing were also promoting the cause of cleanliness. The technology show has long had a focus on health, but makers of sanitizing devices said people need to look in their pockets and purses to the microbes on their p ... more |  |
Vietnam police investigate riot at Samsung factory Hanoi (AFP) Jan 10, 2014 - Vietnamese police said Friday they had launched an investigation into a riot at a multi-billion dollar Samsung factory that left 13 people injured, four critically. Violence broke out between security guards and local construction workers early Thursday in northern Thai Nguyen province where the South Korean electronics giant is building a $3.2 billion high-tech complex. "We have opened ... more |  |
Samsung goes big, unveils 12.2-inch-screen tablets in Las Vegas Las Vegas (UPI) Jan 7, 2013 - South Korea's Samsung has stolen a march on a widely rumored yet still unannounced large-screen iPad from Apple by announcing two 12.2-inch tablets. At the Consumer Electronics Show in Las Vegas, Samsung unveiled new Galaxy Note Pro and Galaxy Tab Pro tablets, both with 12.2-inch displays. Featuring identical 2560 by 1600 pixel "super clear" displays and sharing many internal com ... more |  |
Tech tie-up says to launch smartphone OS to rival iOS, Android Tokyo (AFP) Jan 08, 2014 - A new smartphone operating system developed by a global collaboration of tech firms to rival Google's Android and Apple's iOS is expected to launch in the next few months, Japanese mobile phone operator NTT Docomo said Wednesday. The open source offering called Tizen, based on the Linux operating system, could be installed on telephones sold from the end of March, NTT Docomo spokesman Jun Ot ... more |  |
'Ultra HD' takes center stage but skepticism remains Las Vegas (AFP) Jan 07, 2014 - Television giants at the Consumer Electronics Show in Las Vegas are touting the wonders of ultra high-definition screens despite doubts by analysts that people will buy them. Screens offering picture resolution about four times more vivid than current high-definition sets starred at an array of press events staged on the eve of the CES showfloor opening on Tuesday. Japanese entertainment ... more |  |
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Launch of iOS, Android smartphone rival delayed: NTT Docomo Tokyo (AFP) Jan 10, 2014 - Japanese mobile operator NTT Docomo said Friday that the launch of a new smartphone operating system to rival Google's Android and Apple's iOS had been pushed back owing to development delays. The open source offering called Tizen, based on the Linux operating system, is the product of a tie-up between companies from Japan, China, South Korea, Europe and the United States. The consortium ... more |  |
Motorola eyes 'aggressive' moves in smartphones: CEO Las Vegas (AFP) Jan 07, 2014 - Motorola is pushing all the buttons to regain prominence in the smartphone market, including aggressive pricing, chief executive Dennis Woodside says. Woodside, in an interview Monday with AFP on the sidelines of the Consumer Electronics Show in Las Vegas, said the Google-owned unit is seeking to gain ground against rivals including Apple and Google. "Consumer tastes change, and we actua ... more |  |
China 2013 trade passes $4 trillion: govt Beijing (AFP) Jan 10, 2014 - China's annual trade in goods passed the $4 trillion mark for the first time in 2013, official data showed Friday, confirming its position as the globe's biggest trading nation. Exports from the world's number two economy rose 7.9 percent to $2.21 trillion, while imports increased 7.3 percent to $1.95 trillion, the General Administration of Customs announced. The trade surplus stood at $ ... more |  |
 More than 182,000 officials punished in China graft crackdown Beijing (AFP) Jan 10, 2014 - China's ruling Communist Party punished more than 182,000 officials last year in its high-profile anti-corruption campaign, authorities said Friday. Anti-graft authorities across the country last year received more than 1.95 million allegations of corruption and agreed to investigate 172,532 cases, said Huang Shuxian, a deputy head of the ruling party's Central Commission for Discipline Insp ... more |  |
 Tech giants battle for control of the car Las Vegas (AFP) Jan 10, 2014 - As the car becomes a connected Internet device, the titans of the tech sector are battling for control of the wheel. The war is shaping up a lot like the computer sector, with Google, Apple and Microsoft and others fighting to be in control of the vehicle's "operating system" to deliver apps, navigation and other services. Some of those battles were played out this week at the Consumer E ... more |  |
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