FASTTAKES: WeFi, NTT Comm, Sony

Staff Writer
05 Aug 2009
00:00

A teenage inpatient at an internet rehabilitation camp in Nanning, China was allegedly beaten to death by counselors on Sunday.

Sony plans to launch a cheap eReader in the US, pricing it at $199 in an effort to undercut Amazon's Kindle.

WeFi, the owner of a community-based network of WiFi hotspots, has scored an undisclosed sum of venture funding from VC firms Lightspeed Venture Partners and Pitango Venture Capital.

NTT Comm will offer a hosted SaaS offering developed by subsidiary HKNet to its global network of business partners.

China's elicit hacker training trade generated an estimated income of 238 million yuan ($34.8 million) last year, according to the national computer network emergency response team.

The Australian government will increase its subsidy on satellite phone purchases for customers living in areas not served by mobile towers to 85%, up from the previous 60%.

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