Daily Outlook - Jan 7
Future hazy as Google makes waves; China sued over Internet filter; Fed sees jobs turnaround
Wireless industry in flux as Google steps in
The smoke has finally cleared on Google Inc's highly anticipated Nexus One smartphone, but the ramifications of the Internet company's new role as a mobile phone vendor are still hazy. Read Full Article here.
U.S. firm sues China, PC majors over filter software
A U.S. software maker is suing China, several major PC makers and two Chinese software makers for $2.2 billion, accusing them of using stolen code in controversial Web filtering software that drew global criticism last year. Read Full Article here.
Fed's Bullard: U.S. jobless rate to start falling
The labor market in the United States is improving and the economy is close to the point when the unemployment rate will start to fall, a top U.S. Federal Reserve official said on Thursday. Read Full Article here.
New Japanese finance minister calls for weaker yen
Japan's new finance minister called for a weaker yen on Thursday and said he would work with the Bank of Japan to achieve an appropriate level, prompting a sharp slide in the currency against the dollar. Read Full Article here.
Sony says U.S. holiday season sales beat expectations
Sony Corp said flat-screen televisions, electronic readers and Blu-ray video players helped its U.S. holiday season sales top expectations, in a rare sign of encouragement for the Japanese conglomerate. Read Full Article here.
France considers Google tax to pay creative work
France could start taxing Internet advertising revenues from online giants such as Google, using the funds to support creative industries that have been hit by the digital revolution, a newspaper reported on Thursday. Read Full Article here.
GM not hopeful on Saab deal, proceeds with closure
General Motors Co Chief Executive Ed Whitacre said on Wednesday he is not hopeful a breakthrough deal can be reached to save Saab and said GM is proceeding with the wind-down of the Swedish brand. Read Full Article here.
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