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America raises a yellow flag in the face of China |
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US lawmakers believe that the Chinese currency Yuan is undervalued,
which in turn gives Chinese companies an advantage over their foreign
competitors.
One of the first missions of Obama is to place more pressure on
China in order to allow its currency to appreciate more. Obama’s
economic team just waived a yellow card in the face of China by openly
accusing the country of manipulating its currency. Such an accusation
could lead China to sell its long held US securities which already
resulted in a drop in value of long term US securities.
The story began in the last quarter of 2005 where the USD was equal
to 8.27 Yuan’s. At that time, former president George Bush urged China
to |
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The Great Orchestra of Christmas Charity raises money online |
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This year, apart from collecting money on the
streets the Great Orchestra of Christmas Charity has a new method of
raising funds – an Internet auction. Several objects are up for
bids, among them a Porsche 987 Boxster donated by the first winner of
the Polish edition of “Dancing with the Stars”, Agata Kulesza which has
so far fetched a price of over two hundred and fifty thousand zloty.
Other attractions include a helmet from the Formula 1 star Ferdinand
Alonso, a copy of Poland’s constitution with an autograph by the Dalai
Lama, a mug with the Orchestra’s logo signed by the only Pole in F1-
Robert Kubica and many other gifts donated by Polish celebrities. The
Internet auction that has been going on for several weeks now ends
tonight.
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Mobile marketing to come of age in 2009 |
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Digital media advertising ( internet, mobile and digital signage) is
expected to emerge as the medium of choice for advertisers. Of the
available media, it was the fastest growing segment in 2008. Its better
return on investment and the comparative ease with which its efficacy
can be measured will ensure that the trend continues, say analysts.
Viraj Malik, MD, Percept Knorigin (digital advertising arm of
Percept), says that earlier, internet advertising was used by BFSI (
Banking, Financial Services and Insurance companies) and .com companies
only. In the last 6 months, other consumer-oriented brands have also
started using the medium.
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Intel Cuts Fourth-Quarter Sales Target Again |
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Intel Corp.
on Wednesday again cut its fourth-
quarter sales outlook, underscoring the stunning drop in demand in the personal
computer market amid a weakening global economy.
Shares of
Intel
(INTC), the world's No. 1 chip maker, fell more than 4% after
the tech behemoth said it now projects revenue of about
$8.2 billion, down 23%
from the year-earlier period.
Intel
said its new sales target is "lower than the company's previous
expectation ... as a result of further weakness in end demand and inventory
reductions by its customers in the global PC supply chain." |
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AMD aims new Neo processor at 'thin and light' ultraportables |
What’s bigger than a netbook but slimmer than most notebooks? AMD wants the answer to be a fleet of new ultra-portables built around its Neo processor and ATI Radeon graphics. 
Despite their differences in, well, just about everything, there’s one thing which AMD and Intel agree on – and that’s that 2009 looks set to be the year of thin and light notebooks.
Apple lit the touchpaper at the beginning of 2008 with the MacBook Air, and now just about every major player in the world of Windows has a slim and sexy ultraportable in the stores or on the launchpad.
Mooly Eden, Intel vice president and general manager of the company’s Mobile Platforms Group, told APC late last year that the forthcoming mid-2009 ‘Montevina’ refresh of the Centrino 2 platform and early |
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