Placements in international schools are running low in Hong Kong, one of the world’s most vibrant financial hub. Experts are worried that the current shortage would drive away the country’s professional workers, away to competitors like Singapore and Shanghai.
Toyota Motor Corp. will manufacture the third generation of its hybrid model, the Toyota Prius, along with its vital parts in China, said a spokesperson for the company on Sunday.
The decision is said to be a step forward in boosting sales of the environmentally friendly vehicle in what is now the world’s largest car market, and will be the first time that the Japanese automaker has ever produced key components such as motors and batteries for the petrol-electric hybrid in a facility outside Japan.
The US Justice Department filed an anti-trust complaint against AT&T on Wednesday, in an attempt to block the telecommunications company from completing a US$39 billion purchase of T-Mobile USA.
The Justice Department asserted that the combination of the second and fourth largest cell phone companies in America would hurt competition and result in a price increase for consumers.
Astronomers have discovered a large planet made almost entirely of diamond in space – lying around 4,000 light years away from Earth and circling a small fast spinning star called a pulsar.
The diamond planet is said to consist largely of carbon and is around five times the size of Earth with twenty times the density of that of Jupiter. Scientists believe that with its density, the carbon must be crystalline, effectively turning it into a “diamond planet”.
The world’s leading social network, Facebook, registered one trillion page views for the month of June, and 870 million unique visitors. That works out to an average of 1,150 page views per user.
This is according to data released by Google’s ad management and ad serving technology platform, DoubleClick, for its network of partners.
DoubleClick also reported that Facebook users boast a high level of online engagement.
Internet giant Google Inc. has agreed to pay the US government US$500 million for allowing online Canadian pharmacies to advertise to US-based consumers through its AdWords program, according to a press statement released by the United States Department of Justice on Wednesday.
Steve Jobs, founder of Apple, has resigned as CEO from the computer and technology firm. Jobs will be replaced by Apples Chief Operating Officer Tim Cook.
Facebook has confirmed that it will remove its Places check-in feed from its mobile apps and interface, just a year after it was unveiled, with only 6% of Facebook users trying out the service. Many industry observers had then feared that Facebook’s social location service posed a serious threat to other providers, such as Foursquare and Gowalla, because of its sheer number of users.
South Korean prosecutors have charged four Deutsche Bank employees along with Deutsche Securities Korea with illegally manipulating Seoul’s stock market in order to earn more than US$40 million in a single day.
India’s Tata Motors will reveal Jaguar’s latest concept car, the C-X16, at the Frankfurt Motor Show next month. Smaller and cheaper than the XK Coupe, the C-X16 is a glimpse of the car maker’s future sports cars, says the company.
