IN THE PAPERS
In The Papers 10 September
10-09-2009
by Sylvia Leatham
Jobs takes to Apple stage | Nortel attracts bids for network unit
The Irish Times reports that winning clinical diagnostics company Randox Laboratories has created 34 jobs in Antrim. The company, which now employs 850 people in 26 countries worldwide, said it has further plans to expand. Randox has pioneered the development of innovative biochip analysing technology.
The Irish Independent says that the double-charging blunder at Bank of Ireland may affect as many as 200,000 customers, experts have claimed. These (unnamed) payments technology experts also warned that such an incident could happen again. When asked, the bank could not guarantee the mistake would not happen again.
The Irish Examiner reports that more than half of major websites selling electronic goods across Europe are breaking EU consumer law, as reported by ENN on Wednesday.
The Wall Street Journal reports that Steve Jobs appeared in public for the first time since the Apple chief received a liver transplant earlier this year. At a San Francisco event, Jobs unveiled new offerings that included an iPod Nano with a video camera, and stressed the use of the iPod Touch as a platform for videogames. Apple also dropped prices across its iPod range. Look out for more about the Apple event in ENN's Weekly Digest on Thursday.
The Financial Times says that Nortel Networks, the Canadian telecoms equipment maker under Chapter 11 protection, has attracted two firm bidders for its corporate networking business. Avaya, the US business communications group, and Siemens Enterprise Communications (SEN), a joint venture between Siemens and US private equity firm Gores Group, have both won approval to bid for the unit. Nortel plans to sell the unit, which makes network equipment, on Friday in an auction that could fetch more than USD600 million.
The paper also says that Thailand's telecoms regulator has published plans to hold long-delayed auctions for 3G phone licences by the end of the year. The decision by the National Telecommunications Commission (NTC) to invite bids for four licences could mean that 3G services would be available in Thailand by the second half of 2010. It is expected the licences will be issued early next year. Thailand's leading three mobile operators are Advanced Info Service, Total Access Communication and True Move.
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