UPDATE 2-Intelsat to pull out of Galaxy Hong Kong venture
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Satellite operator Intelsat is pulling out of its Hong Kong pay-TV joint venture with Television Broadcasts Ltd. (0511.HK: Quote, Profile, Research) , saying growth in Galaxy Satellite TV Holdings Ltd.
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Company will exit the flat panel TV market.
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Intel Corp  said on Thursday it will drop out of the One Laptop Per Child project and resign from the board after the project's board demanded the chipmaker stop supporting other efforts in emerging markets.
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Intel, the world&#39;s largest chip maker, scrapped a plan Thursday to enter the digital television chip business, marking a major retreat from its push into consumer electronics.
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Many remote areas of the Pacific have been cut off from the outside world after the loss of the Intelsat IS-804 satellite.
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Intelsat Ltd., the second-largest global satellite operator, said its Intelsat Americas-7 satellite that covered North and Central America was permanently lost today because of an electrical malfunction.
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International Business Machines Corp. and LG Electronics Inc. will end an eight-year alliance that helped expand the US computer maker&#39;s presence in the booming South Korean PC market.
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US investment fund Lone Star announced it has pulled out of a multi-billion-dollar deal to sell Korea Exchange Bank to the country's top lender, Kookmin Bank.
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Global satellite operator Intelsat Ltd. has permanently lost one of its orbiting spacecraft because of an electrical failure, the latest threat to a $5 billion deal to sell the company, officials said Monday. -The Washington Post
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Commercial satellite operator Intelsat Ltd. lost use of one of its satellites Sunday -- a mishap that left some Internet customers stranded and could jeopardize a proposed &#36;5 billion deal to sell the company to a group of four venture capital firms.
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Intel Corp., the world&#39;s largest maker of computer chips and a major employer in Folsom, has reportedly dropped plans to develop a chip for projection TVs, the latest in a series of product shifts by the Santa Clara company.
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TOKYO (AFX) - Mitsubishi Electric Corp plans to stop producing LCD (liquid crystal display) panels for television sets and personal computers and shift to smaller panels for cellular phones and industrial equipment, the Nihon Keizai Shimbun reported
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South Korea has decided to terminate the eight-year mission of its first multipurpose satellite, which controllers lost contact with last month, the space agency said Sunday.
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In another change of plans, semiconductor giant Intel Corp. canceled a project Thursday to develop a chip for projection TVs and said it planned to focus its resources in other areas.
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Citing disagreements with the organization, Intel Corp. said Thursday it has abandoned the One Laptop Per Child program
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Intel has decided to cancel its project to develop a liquid crystal on silicon (LCOS) chip that would bring down the cost of rear-projection televisions.
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Commercial satellite operator Intelsat Ltd. lost use of one of its satellites Sunday -- a mishap that left some Internet customers without service and could thwart a proposed $5 billion deal to sell the company to a group of four venture capital firms. -The Washington Post