News

1. News from 15th
Submitted By: Reetika Gupta
S U B M I T T E D B Y : R E E T I K A G U P T A

2. Apple bringing mobile
 Apple Inc is bringing its mobile advertising network to European markets, on the heels
of its early success in the United States.
 The company launch the iAd network in the United Kingdom and France in December,
and in Germany in January.
 Apple launched the network in the United States in July. It competes with a host of
rivals, including Google Inc , in the small but fast-growing mobile advertising market.
 Apple said iAd would launch in Europe with ads from L'Oreal, Renault, Louis Vuitton ,
LG Display, Anheuser-Busch InBev and others. The service places ads within apps on
mobile device such as the iPhone.
 Apple said it had signed up more than half of the top 25 leading U.S. national
advertisers.

3. Sony launches world's first tilting
television
 Electronic giant Sony has unveiled what is billed as the world's first tilting
screen .
 The "Monolithic" screens, which start at 1,300 pounds for a 40-inch screen and
are available in state-of-the art 3D models, can either be set up vertically or
slotted to a six-degree backwards lean.
 It's exactly the same as sitting in front of a laptop - we tilt the screen back so
you can see it properly
 Sony researchers say a six degree lean is the ideal angle - any less doesn't
make much of a discernible difference, and any more could lead to reflections
from ceiling lights getting in the way.
 The range of tilting screens runs to a 55in model priced at 3,000 pounds.

4. Anshu Jain's CEO challenge gets tougher
 Germany’s flagship lender faces months of implementing new rules in an investment
banking environment where risk-taking is increasingly difficult, causing some senior
figures to question whether Jain is the natural choice for the top job.
 Though Ackermann retires in 2013, the bank’s selection process is in train and
Deutsche may choose to appoint a new CEO shortly after it completes Phase IV of its
management agenda which targets €10 billion in pretax profit in 2011.
 Senior Deutsche Bank executives and members of the supervisory board-the body
tasked with selecting the next CEO of Germany’s flagship bank-signal it’s not a
foregone conclusion that Jain will get the job.
 The captain of the ship needs to give a direction and detect icebergs, but he doesn’t
have to row the boat,” a member of the supervisory board said, indicating that a
candidate who generates a lot of Deutsche’s business may not necessarily be best suited
to head the Frankfurt-based lender.

5. The telecom regulator has asked the government to
cancel 62 licenses
 The telecom regulator has asked the government to cancel 62 of the 122 licences issued
by former telecom minister A Raja under controversial circumstances in 2008 to
telecom operators, including joint ventures of international operators such as Telenor
ASA , Emirates Telecommunications and Sistema JSFC , because they had not been
able to launch services in time.
 On an action-packed day, the telecom department, under new minister Kapil Sibal,
decided to seek legal opinion on the validity of the telecom licences dished out by Mr
Raja after the country’s national auditor said that 70% of these mobile permits were
obtained through fraudulent means, an official aware of the development told ET.
.

6. Cont
 The Comptroller and Auditor General of India (CAG) had stated in its report on
Tuesday said that 85 of the 122 licenses given to six companies, notably Union,
Videocon, Loop Telecom, S Tel, Etisalat and Allianz Infratech, were illegal as these
firms were not eligible to obtain them. The auditor also added that these six companies
had disclosed “incomplete information and submitted fictitious documents and used
fraudulent means” for obtaining them.
 Many companies were allowed to change ‘doctored and fictitious documents’ later, in
some cases even as late as 12 months after they had submitted their applications. It said
most licensees had prior information and even had pre-dated demand drafts, allowing
them to jump the queue. An earlier probe by the ministry of corporate affairs had also
established that these companies were not eligible to receive permits

7. Android will beat iPhone: Apple founder
 Apple co-founder Steve Wozniak has praised Google's smartphone operating system
Android and predicted that it will soon surpass the iPhone operating system in both
quantity and quality.
 "The Apple phone has very few weaknesses," Wozniak told Netherlands newspaper De
Telegraaf in an interview posted Thursday. "When it comes to quality, the iPhone is
leading.“
 But he conceded that "Android phones have more features" and deliver more buying
options for those who don't want to be limited to a single device.
 In addition, Wozniak told the publication that eventually the quality of Android will
match Apple's operating system and much like Windows in the desktop space, Google's
mobile platform will become the "dominant" option in the mobile market