BlackBerrys Back to Life After Global Outage
BlackBerrys across the world regained email and chat service after a three day blackout that frustrated tens of millions. Users in Europe Asia Latin America and Africa faced outages, while the U S and Canada saw shorter disruption. Research In Motion apologized amid backlog processing and vowed better reliability.
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Kate Jacobson
Michigan State University
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Research In Motion Ltd
Wal-Mart faces food safety clash in Chongqing crackdown
Chinese authorities arrest two Wal-Mart employees, close 13 stores for two weeks, and fine the retailer 421000 as pork sold as organic prompts a zero tolerance food safety campaign. Experts deem the penalties harsh amid ongoing public concern over tainted foods.
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China Industry and Commerce News
Solyndra CEO resigns as company seeks bankruptcy protection
Solyndra Inc. filed in Delaware court that chairman and CEO Brian Harrison resigned Oct. 7 while the Fremont California solar firm moves toward wind-down. A chief restructuring officer will assume Harrison’s duties, with R Todd Neilson named as CRO pending court approval.
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Berkeley Research Group LLC
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Google posts 26 percent Q3 earnings surge beats expectations
Google Inc reports third quarter earnings of 2.7 billion dollars or 8.33 a share on revenue of 9.7 billion, topping analyst forecasts. Excluding stock compensation, diluted earnings reach 9.72 per share. Revenue and staff rise accelerate as CEO Larry Page oversees continued growth.
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