Asia/Pacific

Indian outsourcer Satyam Computer Services has demanded an apology from the World Bank for statements made after it barred Satyam from the bank's direct contracts for a period of eight years.  read more »

U.S. DRAM maker Micron Technology has reported a steep loss for its most recent financial quarter due to low prices for DRAM chips worldwide.  read more »

A new center aimed at speeding the development of mobile computing devices around the Linux-based Moblin OS opened in Taipei on Tuesday.  read more »

Toshiba is planning a big increase in production of a new type of Lithium Ion battery that can charge to 90 percent of its capacity in a few minutes and is highly-resistant to short circuits.  read more »

The World Bank has declared Indian outsourcer Satyam ineligible to receive direct contracts from the bank under its corporate procurement program for eight years.  read more »

Wipro is acquiring Citi Technology Services, an IT services and software development subsidiary in India of Citigroup for about US$127 million in cash.  read more »

The company that runs one of China's most popular Internet portals, Sina, on Monday agreed to buy a nationwide digital advertising network including LCD displays, poster frames and in-store sign boards from Focus Media in a deal worth over US$1 billion.  read more »

Samsung Electronics has reportedly been ordered to pay compensation to a Chinese company for violating a patent for a dual-mode cell phone.  read more »

Samsung Electronics reportedly plans to introduce a laptop computer next year that's based on Via Technologies' low-power Nano processor.  read more »

Shanghai police have detained a woman for allegedly filming herself having sex and then posting the video on the Internet, where it became a sensation among Chinese Internet users.  read more »