China’s internet population has reached 404m,including 346m broadband users, according to Xinhua, quoting Wang Chen, the head of the State Council Information Office.
Qwest Communications has been sued by shareholders seeking a better deal out of its planned $10 billion stock acquisition by CenturyTel Inc, Bloomberg reported. In a court filing, shareholders said the sale at a “relatively low current trading price” raised red flags about whether directors had maximized shareholder value.
Opera has bought Australian web-based email company mobile advertising company FastMail for an undisclosed sum. Opera said the acquisition would enable it to deliver cross-platform messaging to a wide range of devices, including computers, mobile phones, TVs and gaming consoles.
Apple has begun selling the 3G iPad in the US, priced at $499.
Ofta has set up a website to help cable companies wanting to land in Hong Kong.