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NEW YORK, March 29 (Xinhua) -- New York Attorney General Eric Schneiderman announced on Tuesday that his office will undertake a thorough review of AT&T's acquisition of T-Mobile for potential anti-competitive impacts on consumers and businesses.Schneiderman stressed that his review will weigh the benefits of the merger to New Yorkers, such as expanding the coverage of AT& T's next generation broadband wireless network to rural areas in upstate New York, against the anti-competitive risks posed to them."Cell phones are no longer a luxury for a few among us, but a basic necessity. The last thing New Yorkers need during these difficult economic times is to see cell phone prices rise," said Schneiderman in a statement. "We want to ensure all New Yorkers benefit from these important innovations that improve lives."AT&T's proposed 39-billion-U.S.-dollar purchase of T-Mobile would create the nation's largest wireless company with a total of 130 million subscribers nationwide, opening the door to a near duopoly shared by the merged firm and Verizon, according to the New York Attorney General's office.T-Mobile, a subsidiary of Deutsche Telekom, is a low-cost provider of choice for millions of New Yorkers and currently has 34 million customers nationwide, making it the fourth-largest wireless company in the United States.

BEIJING, Feb. 10 (Xinhua) -- The Chinese currency, or the yuan, on Thursday rose to a fresh high of 6.5849 against the U.S. dollar, according to the China Foreign Exchange Trading System.The central parity rate of the yuan, or RMB, was 1 basis point higher than the previous record of 6.585 set on Feb. 9, the previous trading day.The central parity rate has risen against the dollar for a three consecutive trading days.China's central bank announced on June 19 last year that it would further reform the yuan exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

LOS ANGELES, March 5 (Xinhua) -- Law enforcement agencies are now using smart phones to track and arrest graffiti vandals in Los Angeles, a newspaper report said on Saturday.The graffiti-tracking program, spearheaded by the Tracking and Automated Graffiti Removal System, or TAGRS, allows graffiti- cleaning crews equipped with smart phones to photograph the markings and upload them to a Los Angeles Police Department (LAPD) database, the Los Angeles Times said.The photos are used to gather evidence for prosecution and restitution, the paper quoted city officials as saying.Once the graffiti suspects' identities are discovered, the information is added to the TAGRS database and may eventually uncover incidents involving the same suspects, the paper said.The LAPD launched a pilot project in 2009 in Van Nuys near Los Angeles, modeling its version on one run by the Orange County Sheriff's Department, according to the report.The program is now anchored at four LAPD stations, Van Nuys, Hollenbeck, Central and Harbor, said Mayor Antonio Villaraigosa's spokeswoman Casey Hernandez.Los Angeles spends about 10 million dollars a year cleaning up graffiti, Hernandez said.

BEIJING, March 10 (Xinhuanet) -- The price of preventing preterm labor is about to rise drastically in the U.S. next week.A drug for high-risk pregnant women costs about 10 to 20 dollars per injection. Next week, the price will shoot up to 1,500 dollars a dose, according to media reports Wednesday.This means the total cost during a pregnancy could be as much as 30,000 dollars.The massive increase comes after KV Pharmaceutical of St. Louis won an exclusive government license to produce the drug, known as Makena.The drug, a form of progesterone given as a weekly shot, has been made cheaply for years by unlicensed chemists.The March of Dimes and many obstetricians supported the move because it means quality will be more consistent and it will be easier to get, but none of them has anticipated the sharp price hike.Doctors and campaign groups have been caught out by the move, saying that the price hike may deter low-income women from getting the drug, leading to more premature births.

SAN FRANCISCO, March 8 (Xinhua) -- Google on Tuesday released a new stable version of its Chrome web browser, which the company said is speedier, simpler and safer."With today's stable release, even your most complex web apps will run more quickly and responsively in the browser," Tim Steele, a Google software engineer, said in a blog post announcing the release.The new version of Chrome features a simpler settings page that opens in a tab rather than a dialog box, and contains a search box showing users the settings they are looking for while they type.Users can also synchronize passwords in the browser across their computers, and will be able to encrypt those passwords for extra security.Google said that the latest Chrome browser provides additional layer of protection against malicious web pages, with the extended application of sandboxing technology.The browser can be downloaded for free, and current Chrome users will be automatically updated to the new version soon, Google said.