Webwire: Google misses Q4 expectations; Temasek sells Shin Corp shares

Staff writer
20 Jan 2012

Google misses expectations despite strong Q4

Google missed analysts' expectations with its fourth quarter results, despite posting 6.4% higher profit of $2.71 billion, from record revenue of $10.58 billion.

New York Times

Temasek selling 200m Shin Corp shares

A unit of Singapore's Temasek Holdings will sell off 200 million shares of Thai telecom and IT conglomerate Shin Corporation, in a deal expected to be worth up to $261 million.

Bangkok Post

EU to decide on Google-Motorola Feb 13

The European Union will decide on February 13 whether to approve Google's takeover of Motorola Mobility. The EU extended the initial January 10 deadline after telling Google it must supply more details to support its case.


Taiwan Mobile expects 7% higher 2012 profit

Taiwan Mobile expects its net profit to grow 7% in 2012, due to a projected increase in data usage and its new TV shopping channel business.

Taipei Times

No Rovio IPO this year

Angry Birds developer Rovio will not conduct an IPO this year, but does plan an eventual listing, potentially in Hong Kong.


China to expand own-name microblog rules

The Chinese government plans to expand rules requiring users of microblogs to post using their real names. The rules, which currently affect new registrations, will be extended to also apply to existing users.

Agence France-Presse

US FBI shuts down Megaupload, arrest 7

US authorities have shut down popular file locker service Megaupload, and arrested seven people associated with the site, accusing them of conspiring to profit from online copyright infringement.

New York Times

Handset offers 15 years' life on one AA battery

The new Spare One handset being launched in the US promises a standby life of up to 15 years on a single AA battery, as well as 10 hours of talk time, and is being marketed as an emergency backup phone.

Digital Trends

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