by Steve Herman
Laptop Battery Three former executives of UFJ Bank, Japan's fourth largest,
have been arrested on suspicion of obstructing government
inspectors.
According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.
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Microsoft Dec 3, 2004 (AXcess News) Tokyo - Three former executives of UFJ
Bank (OTC: UFJHF), Japan's fourth largest, have been arrested on
suspicion of obstructing government inspectors. The trio allegedly
destroyed or changed documents that investigators wanted to see
while probing allegations that the bank lied about its bad-debt
portfolio.
year high of 0.75% in August from 0.50%, after elections for parliament's upper house. Meanwhile, the top monetary policy official of Japan's ruling party said on Monday that current economic conditions do not warrant an interest rate hike in August, countering market expectations of a central bank move next month, as it seems at the moment the JPY will continue to suffer and will stay low against most of the other currencies even if the Bank of Japan lifts its key rate. The Japanese central bank is widely expected to leave interest rates on hold at this week's meeting.
Laptop Computers Prosecutors have raided UFJ twice since October as part of their
criminal investigation.
year career at IBM, a global information technology company where he was a member of IBM senior leadership team. There he held multiple roles, from overseeing the company worldwide competitive and server sales to leading sales, services, marketing and channel operations for IBM software business in Asia Pacific. During this time he resided in Tokyo, Japan.
Laptop Computer Analysts say the case should not affect UFJ's plan to merge with
the Mitsubishi Tokyo Financial Group (NYSE: MTF). Another rival,
Sumitomo Mitsui (OTC: SMFJY), is also trying to force a merger with
UFJ.
laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)
Desktop Computer With the Japanese yen approaching its highest level against the
dollar in five years, there is increasing speculation on what Tokyo
will do.Finance Minister Sadakazu Tanigaki says talks with European
finance officials are "not necessarily" preparation for joint
action to limit the dollar's slide.
Notebooks Mamoru Yamazaki is the chief economist in Japan for the
investment bank Barclays Capital (NYSE: BCS). He said if the yen
rises toward 90 to the dollar, financial authorities here would
take action. "Japanese government will intervene in the market to
keep the yen at a certain level, so the U.S. dollar and Japanese
yen may be over 90 or 95 [yen to the dollar]," he
said.AdvertisementInternet investor Softbank (OTC: SFTBF) says it
has reached a deal to buy a professional baseball team from the
struggling retailer Daiei.
Lenovo Softbank says it is taking a 98 percent stake in the Hawks,
based in the city of Fukuoka. The company says the price is about
$50 million.
Hard Drive Last month, Internet shopping site Rakuten received permission
from Japan's professional baseball organization to start a new
team.
Travelstar In one of the first crackdowns in Japan on Internet file
sharing, a 42-year-old man has been handed a three-year suspended
prison sentenced.
Gateway Yoshihiro Inoue was convicted in Kyoto District Court of
violating the copyright law. He was arrested a year ago for putting
two Hollywood movies on the Internet, using a file-sharing program
called Winny.
Laptop Parts Also charged in the case is a Tokyo University instructor who
developed the Winny software. A 19-year-old man has already been
convicted and given a suspended sentence in connection with
Winny.Source: Voice of America
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