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SAN FRANCISCO, April 18 (Xinhua) -- Apple Inc. has sued Samsung Electronics Co. over patent infringement in a latest suit, U.S. media reported Monday.The suit, filed last Friday in U.S. District Court in Northern California, alleged that Samsung's smartphones, such as "Glaxy S 4G" and "Nexus S," and the Galaxy line of tablet computers violated Apple's patent and trademark, according to All Things Digital, a technology and startup company news site."It's no coincidence that Samsung's latest products look a lot like the iPhone and iPad, from the shape of the hardware to the user interface and even the packaging," the report quoted an Apple representative as saying.Intellectual property suits can be often seen among mobile computing rivals, including suits between Microsoft and Motorola, a suit by Oracle against Google, and Apple's patent dispute with Nokia and HTC.Although Samsung supplies chips for a number of Apple products, Apple CEO Steve Jobs once openly mocked Samsung and other tablet makers as "copycats" during the iPad2 launch. Last month, Apple is reportedly partnering with China's Taiwan Semiconductor Manufacturing Co. to make iPad chips.

LOS ANGELES, May 23 (Xinhua) -- NASA's Gravity Recovery And Interior Laboratory spacecraft (Grail) will begin final preparations for a launch on a Moon mission in late summer, the Jet Propulsion Laboratory (JPL) said on Monday.The dynamic duo will orbit the moon to determine the structure of the lunar interior from crust to core and to advance understanding of the thermal evolution of the moon, according to JPL in Pasadena, Los Angeles.After arriving at the Astrotech payload processing facility in Titusville, Florida last week, the Grail twins, known as Grail-A and Grail-B, were removed from their shipping containers Monday. Later this week, they will begin functional testing to verify their state of health, said JPL.The twins were shipped from Lockheed Martin Space Systems, Denver.Over the next four months at the Astrotech facility, the spacecraft will undergo final testing, fueling and packaging in the shroud that will protect them as the Delta II launch vehicle lifts them into space. The spacecraft will then be transported to the Cape Canaveral Air Force Station for installation atop the rocket that will carry them toward the moon, JPL said."We're only a few full moons away from a mission that will reveal clues not only into the history of the moon and Earth, but will provide important data for future lunar exploration," said Maria Zuber, Grail's principal investigator, based at the Massachusetts Institute of Technology.Grail will be carried into space aboard a United Launch Alliance Delta II Heavy rocket lifting off from Launch Complex-19 at the Cape Canaveral Air Force Station in Florida. The launch period opens Sept. 8, 2011, and extends through Oct. 19. For a Sept. 8 liftoff, the launch window opens at 5:37 a.m. PDT (8:37 a.m. EDT) and remains open through 6:16 a.m. PDT (9:16 a.m. EDT).Grail-A and Grail-B will fly in tandem orbits around the moon for several months to measure its gravity field in unprecedented detail.The mission will also answer longstanding questions about Earth' s moon, and provide scientists a better understanding of how Earth and other rocky planets in the solar system formed, according to JPL, which manages the Grail mission.

BEIJING, Jan. 27 (Xinhua) -- China's foreign exchange watchdog said Thursday that the surplus of Chinese banks' foreign exchange purchases to sales in client transactions increased 51 percent through 2010 to stand at 397.7 billion U.S. dollars at year-end.China' s institutional and individual clients sold 1.33 trillion U.S. dollars in foreign exchange to banks in 2010 while purchasing 932.7 billion U.S. dollars, said the State Administration of Foreign Exchange (SAFE) in an online statement.In 2009, the annual surplus fell 42 percent to 263.5 billion U.S. dollars, according to SAFE's data released in March 2010.The statement noted the figures did not include banks' own forex transactions and interbank transactions.The forex surplus in December 2010 totaled 51.5 billion U.S. dollars, as clients sold 146.2 billion U.S. dollars of foreign exchange, up 13 percent from November, while purchasing 94.7 billion U.S. dollars, up 12 percent, it said.Chinese banks received 1.89 trillion U.S. dollars for their clients in overseas business in 2010 and paid 1.59 trillion U.S. dollars to overseas business, it added.The SAFE only began releasing monthly and quarterly data on bank foreign exchange transactions in 2010.

BEIJING, Jan. 20 (Xinhua) -- China on Thursday announced it had introduced a regulation to better manage state compensation funds. The regulation was signed by Chinese Premier Wen Jiabao Monday and immediately came into effect then.The regulation is aimed to ensure eligible claimants receive state compensation on time and in full.The regulation means governments at all levels must budget for state compensation payouts each year, and if the actual amount of state compensation payouts exceed what is budgeted for, additional funds must be used.The regulation also standardizes the procedure of applying for state compensation.State compensation refers to government pay outs to citizens for damages it has caused them through infringements of their rights.The State Compensation Law of China took effect since 1995.

SAN FRANCISCO, April 25 (Xinhua) -- Oracle Corp. on Monday announced that its co-president Safra Catz is taking the additional position as the software giant's chief financial officer (CFO), following the resignation of its current CFO Jeff Epstein.Epstein was named Oracle's CFO in September 2008, and had reported directly to Catz. Oracle didn't give details about Epstein's departure.Catz joined Oracle in April 1999 and has been its president since January 2004. She previously served as the company's CFO from November 2005 to September 2008."Safra already has the long-standing confidence of our employees, our Board and our shareholders," Oracle's chief executive officer Larry Ellison said in a statement, adding that " there is no more logical choice for CFO.""The CFO function has reported to Safra for a number of years and she's acted as Oracle's CFO in the past. She has the full support of the Board," noted Jeff Henley, chairman of Oracle's board of directors.