ARM says Microsoft needs it for mobile
January 9, 2011
Microsoft’s plan to make Windows compatible with ARM Holdings chip designs will help the software giant establish a major presence in smartphones and tablets, ARM’s president said.
U.N. refugee agency warns on Greek anti-migrant fence
January 9, 2011
The U.N. refugee agency voiced concern on Friday that Greece’s proposed 12.5 km-long fence at its border with Turkey will shut out asylum-seekers fleeing violence and abuse in their troubled homelands.
2 killed, 300 injured in Algerian riots
January 9, 2011
At least two people have been killed and 300 others injured in riots that erupted across Algeria amid rising food prices and a housing crisis, state-run media said Saturday.
Earnings to set tone, upside may be limited
January 9, 2011
Investors head into next week on the defensive as the potential for U.S. equity gains could be limited even if earnings begin on a strong note.
The early fourth-quarter results will set the tone. Any weakness will give traders a reason to pull back from the rally of recent weeks, which stalled on Friday on bank stock losses and lackluster jobs data.
Verizon to carry iPhone: source
January 9, 2011
Verizon Wireless will sell the iPhone, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
There was no specific date for when Verizon would sell the phone in its stores, the paper reported on its website. The announcement will be made on Tuesday at an event in New York, WSJ said.
Healthcare vote postponed due to shooting: Cantor
January 9, 2011
The House of Representatives will postpone next week’s vote to repeal President Barack Obama’s healthcare reform legislation due to the shooting of Democratic Representative Gabrielle Giffords, House Republican Leader Eric Cantor said on Saturday. Read more
Apple CEO Jobs takes $1 for 2010 compensation
January 9, 2011
Apple Inc Chief Executive Steve Jobs earned another $1 in salary 2010, the technology company said in a regulatory filing on Friday. Read more
Bernanke fears slow US recovery
January 9, 2011
The US economy is showing signs of a “self-sustaining recovery”, but is not growing fast enough to reduce high jobless levels, Federal Reserve chairman Ben Bernanke has said.
Mr Bernanke told the Senate Budget Committee it could take four to five years for the job market to normalise.
Deadly unemployment protests hit Thala, western Tunisia
January 9, 2011
At least one person has been killed in fresh unrest over unemployment in Tunisia, eyewitnesses say.
One hospital source told Reuters news agency that one person had been shot dead during a demonstration in the western town of Thala.
Roger Federer beats Nikolay Davydenko in Qatar final
January 9, 2011
World number two Roger Federer began the 2011 season in style by beating Nikolay Davydenko to win the Qatar Open for the third time.
The 29-year-old Swiss came through 6-3 6-4 to claim the 67th title of his career, and gain revenge for defeat by Davydenko in last year’s semi-finals.