Nintendo Co Ltd’s Wii game console outsold Sony Corp’s PlayStation 3 by 3-to-1 in Japan in March but its DS handheld machine fell behind the PlayStation Portable for the first time in six months, a game magazine publisher said. Nintendo, creator of such game characters as Mario and Zelda, sold 265,542 units of the Wii
More
European shares gave up gains to turn flat on Friday after data showed the U.S. economy lost more jobs than expected in March and the unemployment rate rose to its highest in 2-1/2 years. The U.S. government said 80,000 workers had been lost from non-farm payrolls in March, compared with a downwardly-revised loss of 76,000
More
Britain applauds the opening of Ledra Street checkpoint, describing it as a symbol of new desire for progress towards a comprehensive settlement. It also reaffirms its commitment to achieve a settlement to the Cyprus issue. A statement by the British Foreign Office on the opening of Ledra Street crossing in Nicosia said “we applaud the
More
Foreign Minister Markos Kyprianou has expressed satisfaction over the first day of his contacts in Washington. Kyprianou who arrived in the US capital on Wednesday, met House Speaker Nancy Pelosi, President of the House Committee of Foreign Affairs, Joe Biden, Senator Robert Menendez and Congresswoman Olympia Snowe. All members of congress expressed interest over the
More
Japanese and Euro zone finance ministers called for G7 finance leaders meeting next week to seek a curb on excessive exchange-rate movements, amid growing concern over the economic effects of a sliding dollar. “It is important for the G7 members to confirm their shared understanding that excessive foreign exchange rate moves are undesirable for economic
More
President Nicolas Sarkozy promised a major rationalization of the French state, but indicated that savings would not come until 2011 and left questions unanswered over how he planned to balance the budget. Sarkozy said France needed to reduce its army of civil servants and introduce a wholesale shake-up of its bureaucracy, including the military administration
More
The U.S. employers cut payrolls for a third month in a row in March, slashing 80,000 jobs for the biggest monthly job decline in five years as the economy headed into a downturn, government data on Friday showed. The Labor Department revised the first two months of the year’s job losses to a total of
More
Nokia Siemens Networks is teaming up with Symmetricom to offer operators a solution to the challenge of keeping network bandwidth capacity up to pace with the ever-increasing demand from data applications. The two companies are to introduce the industry’s first open standard Timing over Packet solution to synchronize base stations over the packet-based backhaul networks
More
Motorola, Inc. announced the debut of the Smart Rider phone, an innovative in-vehicle solution featuring GPS navigation, interactive voice activation, Bluetooth wireless technology and exceptional audio quality that’s sure to make this phone an integral part of every driver’s journey. A unique hands-free solution, the Smart Rider phone uses GSM technology to enhance user experience
More
March Networks launched VideoSphere – a next-generation video management solution that enables organizations to maximize investments in existing video infrastructure as they make the transition to all-IP video. With VideoSphere, customers benefit from common management software that unifies IP and analog environments in an end-to-end solution. The VideoSphere portfolio includes integrated video and system management
More