Europe Sets Five-Year Internet Strategy – BusinessWeek

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Half of Europeans subscribing to ultra-high-speed broadband by 2020, bringing an end to the phenomenon of ‘digital virgins’ and the creation of a European cyber-attack rapid response system – these are just some of the ambitious goals contained in the EU’s five-year plan for the online world, unveiled on Wednesday (19 May).

Anxious that the US, Japan and South Korea – still in parts classified as a developing country – are stealing a march on the old continent, where almost a third of people have still never accessed the worldwide web, the European Commission says it is time for a digital revolution.

While today, just one percent of Europeans are signed up to fast fibre-based internet, 12 percent of Japanese have such connections and 15 percent of South Koreans.

“Can you imagine that there are still some 30 percent of Europeans who have never used the internet? Digital virgins, so to say,” Dutch commissioner Neelie Kroes said in announcing the wide-ranging plans. “We want to ensure they all have the opportunity to discover the wonders of the digital world.”

By 2013, Brussels wants all Europeans to have basic broadband and by 2020, for everyone to have access high-speed broadband above 30Mbps, with 50 percent of Europeans able to subscribe to ultra-high-speed rates of above 100Mbps.

via Europe Sets Five-Year Internet Strategy – BusinessWeek.

E.U. Fines Computer Chip Makers for Price-Fixing | NYTimes.com

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The European Union fined a group of computer chip makers €331.3 million, or $421 million, Wednesday for price-fixing in the first-ever settlement of a cartel case in Europe.

Samsung of South Korea, the market leader, received the highest fine, €145.7 million, and Infineon, based in Germany, was second at €56.7 million.

Those amounts were less than they could have been — by about 20 percent for Samsung and about 50 percent for Infineon — partly because of the settlement and partly because of other leniency arrangements. The new procedure allows for reduced fines in exchange for an agreement under which the companies are expected not to appeal the European Commission’s decision to court.

Micron of the United States, which first reported the cartel to authorities in 2002, escaped a fine.

The E.U. Competition Commissioner Joaquín Almunia said that the new policy was designed to speed up investigations, free up resources to deal with other cases and generally improve the efficiency of its antitrust enforcement.

via E.U. Fines Computer Chip Makers for Price-Fixing – NYTimes.com.

The Triumph of the Ordinary Cellphone – NYTimes.com

Forgotten in the American tumult is a global flowering of innovation on the simple cellphone. From Brazil to India to South Korea and even Afghanistan, people are seeking work via text message; borrowing and lending money and receiving salaries on cellphones; employing their phones variously as flashlights, televisions and radios.

And many do all this for peanuts. In India, Reliance Communications sells handsets for less than $25, with 1-cent-a-minute phone calls across India and 1-cent text messages and no monthly charge — while earning fat profits. Compare that with iPad buyers in the United States, who pay $499 for the basic version, who might also have a $1,000-plus computer and a $100-plus smartphone, and who could pay $100 or more each month to connect these many devices to the ether.

Not for the first time, the United States and much of the world are moving in different ways. American innovators, building for an ever-expanding bandwidth network, are heading toward fancier, costlier, more network-hungry and status-giving devices; meanwhile, their counterparts in developing nations are innovating to find ever more uses for cheap, basic cellphones.

The United States does not share the romance of the phone that prevails elsewhere — even in wealthy Europe. Since returning last year from India, I have been struck by how often calls drop here and surprised that text-messaging, so vital to Indians, has yet to entrench itself in the United States, where so much messaging travels on the Internet.

A recent report by the World Economic Forum and Insead, the French business school, concluded that the United States ranks below 71 other nations in its level of cellphone penetration, even though it leads in other areas of connectivity. Some Americans are not connected at all. But millions of others are beyond the phone, so to speak: they own one; they use it; but they own other devices, too, and the phone is not a be-all and end-all.

But it is from Kenya to Colombia to South Africa that cellphones are becoming the truly universal technology. They are the kind of places that have built cellphone towers precisely to leapfrog past the expense of building wired networks that have linked Americans for a century.

via Currents – The Triumph of the Ordinary Cellphone – NYTimes.com.

Relationship databases the new target for e-discovery :: PublicTechnology.net :: e-Government & public sector IT news + job vacancies:

IT professionals should be aware of a rather nasty new trend. Customer, citizen and employee relationship databases were the most common target for e-discovery-based information-gathering for litigation purposes last year.

According to IDC, among 115 litigation support and legal technology operations professionals found that the number of respondents experiencing more than 100 law suits over the last year rose to 46% from 27% in 2008.

A huge 70% of those questioned were involved in international litigation, with the most popular disputes centring on employee termination and intellectual property, which tied for first place. Investigations under the US Foreign Corrupt Practices Act and product liability claims were joint third, while insurance claims came in fifth.

The top three regions where enterprises needed to conduct investigations as well as preserve and collect data were European Union member states, followed by Canada and North Asia, which includes Japan, South Korea and China.

via Relationship databases the new target for e-discovery :: PublicTechnology.net :: e-Government & public sector IT news + job vacancies:.

Hyundai Oilbank Shareholders Seek to Enforce $750 Million Award Against IPIC

The 70 percent stake that affiliates of Abu Dhabi's International Petroleum Investment Company have in Hyundai Oilbank, South Korea's fourth-largest oil refining and marketing company, is resting on shaky ground. Last month, an International Chamber of Commerce arbitration panel ruled against IPIC in a dispute with other shareholders in Hyundai Oilbank, led by Hyundai Heavy Industries. The panel ordered that IPIC sell its 70 percent stake in Hyundai Oilbank at a 25 percent or more discount to other shareholders, representing about a $750 million haircut off the market price. IPC has since protested the award, but last week, Hyundai Heavy went to South Korean court seeking an order enforcing the ruling.

[continued] Hyundai Oilbank Shareholders Seek to Enforce $750 Million Award Against IPIC.

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