CHINA

China Blocks Google+ as Fear of Social Networks Persists

Google Plus Screen Shot
China quickly blocked Google's newest offering Google+, a service that promises a better social networking experience than Facebook's. The Google+ service was not available to Chinese users, New York's Daily News said, citing sources.
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Spreadtrum’s TD-SCDMA/GSM/GPRS dual mode baseband chip

Key Takeaways from Spreadtrum Call over Muddy Waters Questions

Spreadtrum Communications, Inc (NASDAQ: SPRD) held a conference call to address questions raised in Muddy Waters’ open letter. Jefferies said Spreadtrum's management provided great detail on its history, management & auditor changes, product mix, income taxes, the MobilePeak acquisition and accounting practices.
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Zynga IPO could raise $2 billion, file Wednesday: source

Online social game company Zynga plans to raise $1.5 billion to $2 billion in an initial public offering and could file paperwork with U.S. regulators as soon as Wednesday, a source familiar with the situation said on Tuesday.
A man hits a dog that is about to be slaughtered in the backyard of his home in Beijing

China Considers Ban on Dog Meat [PHOTOS]

The first draft of a law against animal abuse, aiming to protect animals from being hurt or killed in a cruel manner, was completed by a group of experts and was due to be raised for legislation in April, local media reported earlier this year.
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Stocks futures rise after 2-day rally

Stock index futures rose on Wednesday, putting Wall Street on track for a third day of gains as optimism grew that Greece's parliament would pass an austerity plan critical to avoiding a debt default.
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HP to develop cloud products in China

Hewlett-Packard Co, the world's No.1 PC maker, is investing heavily in China and plans to develop cloud-computing products here to sell globally, Chief Executive Leo Apotheker said.
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Stock index futures rise ahead of Greek vote

Stock index futures pointed to gains for Wall Street for the third session in a row on Wednesday, ahead of a Greek parliamentary vote on austerity measures which is expected to be passed in order to avert a default for the highly indebted country.
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Psst...China stocks at mercy of rumors

The accounting troubles and short-selling attacks hitting China-based companies are creating fertile ground for the rumor mill to flourish, with some shares hammered by chatter rather than actual evidence.
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India sought to join IMF Lagarde consensus

India supported France's Christine Lagarde as the International Monetary Fund's next leader because it wanted to be part of the consensus that was forming around her, Indian Finance Minster Pranab Mukherjee said on Tuesday.
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Campbell Soup to cut jobs, save money

Campbell Soup Co will shed nearly 800 jobs as part of a series of cost cuts, which include exiting the Russian market, automating operations at a factory in Australia and closing one in the United States.

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