Western game companies have hit a brick wall of piracy and declining revenues – now they are emulating China, says game developer American McGee
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A hungry nation debates genetically modified food
China’s homegrown satellite navigation system is now operational, The Wall Street Journal reported. The move gives the Chinese military an alternative to the US Global Positioning System (GPS) and an opportunity to track foreign ships in regions of conflict. The Beidou Navigation Satellite System now offers initial positioning, navigation and timing services to China and its surrounding areas, […]
Yahoo (YHOO.NASDAQ) may cut its current 40% stake in Alibaba Group (1688.HKG) to about 15%, Bloomberg reported, citing people familiar with the matter. The deal values the assets at more than US$17 billion, and may allow Alibaba to repurchase the shares without paying taxes. Yahoo purchased its share of Alibaba in 2005 for about US$1 […]
Chinese hackers broke into the computer network of the US Chamber of Commerce and enjoyed access for at least six months, The Wall Street Journal reported. House Intelligence Committee Chairman Mike Rogers said on Wednesday that private sector companies need better information to defend against cyber attacks. “Incidents like this show that while the private […]