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SAN FRANCISCO, Oct. 13 (Xinhua) -- The Internet search giant Google on Thursday released its third fiscal quarter earnings report, posting strong numbers that beat analysts' estimates.The Mountain View, California-based company reported revenue of 9.72 billion U.S. dollars for the quarter ending Sept. 30, 2011, an increase of 33 percent on a year-on-year basis.Google reported a profit of 2.73 billion dollars, compared to 2. 17 billion dollars in the same period last year. The earning per share, excluding certain items, is 9.72 dollars, topping the average estimate of 8.74 dollars per share polled by Thomson Reuters."We had a great quarter," said Google co-founder and Chief Executive Officer Larry Page in a statement. "Google+ is now open to everyone and we just passed the 40 million user mark. People are flocking into Google+ at an incredible rate and we are just getting started."Many analysts took the third quarter to examine the company's progress towards expanding its core business beyond advertising which accounted for 96 percent of its revenue last year. In the past quarter, Google made major investments in several key businesses, such as social networking and mobile.In August, Google announced a 12.5-billion-dollar acquisition of Motorola Mobility, a move widely seen to get Motorola's patent portfolio to protect its Android software against a growing number of infringement lawsuits by rival mobile platforms. The deal is expected to close later this year or early next year.Since its late-June launch, the Google+ social network has been receiving a good response, posing to shake up the social networking space dominated by Facebook.In September, Google also officially launched Google Wallet, a mobile payment allowing users to pay by tapping an Android smartphone against a compatible card reader.
BEIJING, Dec. 16 (Xinhua) -- Trade volume between China and the Association of Southeast Asian Nations (ASEAN) in 2010 was 36 times what it was in 1991, the year in which formal relations between the two sides were established, according to new statistics.The volume is expected to reach 500 billion U.S. dollars in 2015, according to figures revealed Friday at the China-ASEAN Beijing Economic Forum, an event taking place in China's capital from Dec. 16 to 18 to commemorate the 20th anniversary of the China-ASEAN relations.Ma Mingqiang, secretary-general of ASEAN-China Center, said China-ASEAN trade volume totaled 267 billion U.S. dollars in the first three quarters of 2011 and is expected to hit the annual target of 350 billion dollars this year.He said the two parties have become closely linked in the past two decades, as China is now ASEAN's largest trade partner while ASEAN ranks the third among China's trade partners.With the comprehensive implementation of the China-ASEAN Free Trade Agreement in 2010, China has made 90 percent of commodities traded between China and ASEAN countries free of tariffs.China and ASEAN have enjoyed rapid social and economic growth since they established bilateral cooperation, said Surin Pitsuwan, ASEAN secretary-general.ASEAN can provide human resources, natural resources and raw materials for China's industrial development, and it in turn wants to win more investment from China, said Pitsuwan.He said the cooperation not only is a win-win solution for both sides, but will also make a positive contribution to the world.Guo Jinlong, mayor of Beijing, said the city saw a 21.5 percent year-on-year increase in trade volume with ASEAN in 2010, and will further strengthen its cooperation with the countries.ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
MOSCOW, Oct. 24 (Xinhua) -- The Russian Space Agency Roscosmos confirmed on Monday the list of next crew members who will fly to the International Space Station (ISS) on Nov. 14.Russia's Soyuz TMA-22 spacecraft will bring Russian cosmonauts Anton Shkaplerov and Anatoly Ivanishin and American astronaut Daniel Burbank to the ISS for a 124-day-long mission.Russia's Gennady Padalka and Sergei Revin and American Josef Akaba are announced as the backup crew.According to the Roscosmos, the new crew will host one manned and three unmanned cargo ships during their stay in the ISS and conduct a space walk as well as 37 scientific experiments.During the new crew's stay, the ISS would also make its 75,000th revolution around the Earth, the Roscosmos said.The launch of the Soyuz TMA-22 was initially scheduled on Sept. 22, but was postponed after the failed launch of the Progress cargo ship to the ISS on Aug. 24.
MINSK, Oct. 11 (Xinhua) -- Chinese telecommunications firm Huawei on Tuesday showcased its latest solutions in mobile broadband at an exhibition in Belarus.Focusing on the possibilities of expanding the capacity of mobile operators' networks, the solutions propose to use fourth-generation network standards and introduce elements of intelligent network resources.The exhibition also presented the latest generation of radios, transportation equipment, and terminal solutions."Mobile traffic is constantly increasing, but profit is not growing so fast - about 20 to 30 percent," Xu Zhidong, general director of Bel Huawei Technologies, said during the opening ceremony of the exhibition."We need to provide more services. In addition, the market should be presented by more terminal devices. The decisions, which are displayed at the exposition, will not only increase the volume of Internet traffic, but also increase average profit per subscriber," he added.Lu Guicheng, China's ambassador to Belarus, said Huawei has seen a very successful development, including in the Belarussian market.Huawei, China's largest telecommunications company, which began investing in Belarus in 2003, signed an agreement with the Eastern European nation last month to set up a network technology training center in Belarus for telecommunications technology research and training.It also agreed last month to help more than 300 Belarussian companies with their information technology construction over the next four years.