Webwire: Samsung to spend $41.5b in '12; Softbank may plan $260m raising

Staff writer
17 Jan 2012

Samsung to invest record $41.5b in 2012

Samsung plans to invest around 47.8 trillion won ($41.5 billion) this year across its operations, up 12% from 2011's investment.


Softbank said to plan $260m bond issue

Japan's Softbank has started marketing around 20 billion yen ($260 million) in two-year bonds, according to an inside source.


Israel cyber attacks continue

Israel’s national airline and the Tel Aviv stock exchange are the latest targets in a series of cyber attacks on the country in the past fortnight.


Baidu to open South China HQ

Chinese search engine Baidu is developing a new building in South China to house its international HQ and mobile internet R&D offices.


Wikipedia mulls 1-day shutdown in SOPA protest

Wikipedia is considering a 24-hour blackout of its English version in protest of the controversial Stop Online Piracy Act (SOPA). The Obama administration last week revealed it will not support the bill.

Associated Press

Telenor, Unitech face off over Uninor value

Norway's Telenor and India's Unitech Wireless, partners in Indian telecom JV Uninor, are continuing to spar over the valuation of Uninor. Unitech is arguing that it is worth at least 20 times more than the value Telenor has assigned.

Economic Times

Angry Brides game highlights Indian dowries

An Indian marriage website has developed a parody of Angry Birds titled Angry Brides, a web game aimed at spreading awareness of the illegal but still common practice of demanding dowries from a new bride's family.


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