Facebook launches Sponsored Stories, ads that includes brands and products the social network’s users have liked or check into. There is no opt out for the service. – Facebook has added Sponsored Stories, a new ad unit to
help brands cash in on the popularity of the like button without asking users’
permission.
As reported by AdAge, the ad includes the quot;like button quot; or check-in functionality
that has become so popular among the social network’s 600 …
The proposals to address privacy concerns tied to online behavioral tracking each face their challenges. – In the movie quot;Minority Report, quot; the characters inhabit a world where billboard advertisements call out their names and tailor their pitches to the individuals walking by. A far cry, to be sure, from the targeting advertising seen in the streets, subways and shopping centers of the physical…
Intel is offering certain promises to European regulators in hopes of alleviating antitrust fears over the chip makers bid to buy McAfee for $7.68 billion. – Intel is offering concessions to European regulators in hopes of gaining approval for its proposed $7.68 billion acquisition of security software maker McAfee.
The deal, which was approved last month by the U.S. Federal Trade Commission, is still being reviewed by the European Commission, which re…
Amazon.com is trumpeting sales of its Kindle e-reader, but its public statements could reflect anxiety over the effect of Apples bestselling iPad on the e-reader market. – Is Amazon.coms Kindle holding off a sales threat from
Apples iPad?
That became the question after the online retailer issued a
Dec. 27 press release, boasting that the Kindle had become “the bestselling
product in Amazons history.” In order to reach that milestone, the e-reader
device apparentl…
European antitrust regulators reportedly are taking a close look at Intels $7.68 billion bid to buy security software vendor McAfee. – Intels proposed $7.68 billion acquisition of security software
vendor McAfee could put the giant chip maker back in the cross hairs of
European antitrust regulators.
According to a report in the Wall Street Journal,
members of the European Commission the European Unions antitrust
arm are concer…
Singapore shares were down at midday on Monday mainly due to concerns about Seoul’s new capital controls and tension on the Korean peninsula, but Singapore Airlines (SIAL.SI) may be in focus after announcing a $65 million stake buy in China Cargo Airlines.
By the midday break, the Straits Times Index (STI) <.FTSTI> lost 24.86 points at 3,128.15. Total value of shares traded in the morning session was $800.8 million, up from $774.9 million on Friday.
The STI is down 0.6% at 3156.88, weakening further in afternoon trade as euro-zone debt concerns resurface, hurting risk appetite.
There are 2 fallers for every gainer in broad market.
While Singapore’s market has been weak in recent sessions, most analysts expect activity and prices to pick up again after the holiday period.
The U.S. was concerned over Serbia’s course of action after the decision of the International Court of Justice (ICJ) on legality of Kosovo independence.
It therefore advocated a coordinated effort with the EU to ensure Serbia’s cooperation, according to U.S. diplomatic cables released by WikiLeaks and published by The Guardian.
Singapore shares fell 0.73% by midday on Friday due to profit-taking on concerns about possible tightening measures in China, and traders were mixed about the outlook for the rest of the day.
By the midday break, the Straits Times Index (STI) <.FTSTI> was down 23.44 points at 3,186.76. The value of shares traded in the morning session was $695.9 million, lower than $874.7 million on Thursday.
Global Logistic Properties (MC0.SG) +0.5% at $2.14, retracing some of yesterday’s 2.3% decline triggered by competition concerns. GLP has clarified that a pact with Prologis, requiring both sides not to compete with each other in China and Japan, wasn’t disclosed in its IPO prospectus as it was deemed not material.
Bounce off session lows by China shares helping stocks in Singapore pare losses, although index still expected to end down given concerns over more tightening measures by Beijing.
STI off 0.4% at 3,144.70 vs 3,134.43 intraday low. Shanghai Composite Index ends down 1.6% at 2,820.18 vs 2,758.92 intraday trough.
Concerns over tension in Korean peninsula ease, helping Singapore shares recoup part of yesterday’s losses.
Fact that North Korea dropped shells on an island a sign they’re unlikely to expand aggression.
“If they really wanted to start a war, it would have begun at Seoul and not on some island,” says dealing head at foreign brokerage.
STI +0.5% at 3,141.87 midday, not expected to test yesterday’s 3,187 intraday high for rest of session.
Market breadth neutral vs more than 2 decliners for every gainer in early trade.
Overall volume modest at 1.06 billion shares worth $978 million, suggesting investor appetite subdued.
Among STI components, notable gainers include recent big decliners, with Genting Singapore (G13.SG) +2.1% at $1.99, Golden Agri-Resources (E5H.SG) +2.9% at $0.705, CityDev (C09.SG), +1.6% at $12.40.
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At 0236 GMT, GMG shares were traded at $0.34 with over 65.5 million shares changing hands.
A new survey of SQL Server pros highlights the challenges insider threats, human error and patch deployment pose to database security. – From insider attacks to patching, database
security has its challenges but even so, many database administrators are
confident in their organization’s ability to address them.
That is one of many takeaways from a sweeping survey performed by Unisphere
Research and sponsored by Application Securi…
Hyflux (600.SG) remains buoyant, +5.0% at $3.34 with 4.5 million shares traded, highest volume since mid-June, after management proposes 1-for-2 bonus issue; Nomura says issue to increase liquidity of shares, with 285,378,205 bonus shares expected, subject to SGX-ST approval, says impact on stock is neutral.
House keeps Neutral rating, lowers target to $3.50 (previous no stated), remains concerned about Hyflux’s EPC orderbook, which fell 15% on half as of June 2010 to $633 million.
“With the expected construction completion of the Algeria Magtaa project by the end of 2011 and the delay in obtaining the Libya desalination projects, we are concerned over whether Hyflux can maintain its revenue momentum.”
But adds, upside risks could come from Hyflux winning Singapore desalination project. Says 3Q results in line, keeps estimates unchanged.
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CIOs need to think about how to best address CEO concerns such as cost efficiencies and growth, says a new research note from Gartner. – ORLANDO, Fla. For the IT pros assembled this week for the
Gartner Symposium/ITxpo 2010, helping their companies navigate the aftermath of
the recession is a top priority.
In a number of conference panels and town halls, IT
administrators and CIOs have talked about the need to keep their shops r…
Moore Stephens LLP, the independent auditors of Bio-Treat Technology, has highlighted the existence of material uncertainties in its report on the company’s financial statements for year ending June 30, which may cast significant doubt to the ability of the group to continue as going concerns.
