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BEIJING, Aug. 13 (Xinhua) -- The quality of the products China exported to the European Union (EU) improved during the first half of this year due to strict quality control measures, according to quality control authorities.The number of quality complaints made by the EU regarding Chinese imports declined by 45 percent in the first half of 2011, according to the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ).The administration attributed the improved quality to its nationwide crackdown on counterfeited and substandard products.The administration launched a nationwide quality checkup in the first half of this year. Of the 4,815 batches of products that the quality control authorities checked between January and June, just 9.4 percent failed quality tests, 1.7 percentage points lower than that of the same period of last year, according to the administration.A total of 218,000 counterfeiting cases have been investigated so far this year, involving goods worth a total of 9.5 billion yuan (1.49 billion U.S. dollars), the administration said.
SAN FRANCISCO, July 12 (Xinhua) -- U.S. videogame giant Electronic Arts Inc. (EA) on Tuesday said it has agreed to buy PopCap Games, a leading provider of casual games for digital platforms, in a deal to accelerate its digital transformation.EA said it will pay about 650 million U.S. dollars in cash and 100 million dollars in shares of EA common stock to acquire privately-held PopCap, the maker of blockbuster games including " Plants vs. Zombies," "Bejeweled" and "Zuma".In addition, PopCap's owners are entitled to receive as much as 550 million dollars in earn-outs if certain earnings targets are met through December 2013, according to EA, which is headquartered in Redwood City in the U.S. state of California.Logos of PopCap Games and Electronic Arts Inc."EA and PopCap are a compelling combination," John Riccitiello, EA's chief executive officer, said in a statement."PopCap's great studio talent and powerful IP add to EA's momentum and accelerate our drive towards a 1-billion-dollar digital business," he noted.PopCap is one of the largest providers of casual videogames for mobile phones, tablets, PCs and social network sites, with more than 150 million games installed and played worldwide on platforms such as Facebook, RenRen, Google, iPhone, iPad and Android.EA said the purchase of PopCap is expected to close in August this year, subject to customary closing conditions including regulatory approvals.

NEW YORK, Aug. 19 (Xinhua) -- U.S. crude oil price edged down on Friday, ending the week with a 3.65-percent loss, the fourth straight drop in the week.With absence of major macro-economic news, crude prices on Friday mainly followed the dollar's steps. As the dollar dipped to its historic low against the Japanese yen while dropping also against the euro, oil rallied for most of the trading session.But in the last trading hour, crude turned negative because the dollar bounced back from low and the U.S. stocks turned to red. The dollar index, tracking the greenback's performance against a basket of currencies, fell 0.4 percent.Crude prices fell sharply on Thursday as fears of a double-dip recession triggered sell-off of riskier assets. WTI dropped nearly 6 percent. On Friday, the markets seemed to start calming down. But for the week, it still posted a fall of 3.65 percent.Light, sweet crude for September delivery fell moderately 12 cents, or 0.15 percent to settle at 82.26 dollars a barrel on the New York Mercantile Exchange after trading from 79.17 to 83.55 dollars.But in London, Brent crude for October delivery gained 1.63 dollars, or 1.52 percent to close at 108.62 dollars a barrel. For this week, it gained 59 cents, or 0.55 percent.
SAN FRANCISCO, June 21 (Xinhua) -- Database giant Oracle on Tuesday announced that it has entered into an agreement to acquire FatWire Software, a provider of web experience management solutions.FatWire's solutions provide organizations with ability to deliver relevant customer content, build community engagement and drive site stickiness and loyalty.It currently has more than 500 customers in industries, including finance, healthcare, manufacturing, media, retail, public sector and more. Its key customers include Wal-Mart, Best Buy, Ford and Pfizer.Oracle said in a statement that the acquisition is expected to help Oracle clients improve online engagement across web, mobile and social channels, through website optimizations.The transaction is expected to close mid-year 2011 and the financial details were not disclosed. In its recent acquisitions, Oracle acquired e-commerce software company Art Technology Group for 1 billion U.S. dollars.
SAN FRANCISCO, Sept. 9 (Xinhua) -- AOL's chief executive officer (CEO) Tim Armstrong has reached out to Yahoo for talks of a merger of the two companies, U.S. media reported on Friday.Armstrong is discussing options for a combination aimed at strengthening the two Internet companies, Bloomberg quoted two people who are familiar with the matter as saying.The report said that the AOL CEO had been interested in a merger with Yahoo last year but was rejected while Carol Bartz served as Yahoo CEO, who was ousted by Yahoo's board on Tuesday.Reconsidering the option after Bartz's departure, Armstrong has talked with private equity firms and investment bankers from Allen & Co. working with Yahoo.Under one scenario being considered, Yahoo would acquire AOL and Armstrong would become CEO of the combined company, said the source.Both Yahoo and AOL are suffering from declining revenues, struggling to compete against companies like Google and Facebook. Some analysts said that the merger could not provide a long-term solution to the problems the two companies face after they failed to keep up with Internet trends.
来源:资阳报