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...million judgment levied against him in a case brought by MySpace last year, has already filed for bankruptcy; the judge in the Facebook case referred the Spam King to federal court to face additional charges, which could carry a prison sentence. The penalties combined are by far the largest ever for spamming - Facebook won an $873 million judgment against a spammer in 2008 that is the largest single penalty - but it's unlikely to prove much of a deterrent. With busts so few and far between, the overwhelming majority of spam messages (some estimate as high...
...That expectation was given a boost in September when First Solar, the Arizona-based solar-module manufacturing giant, announced that it had landed a deal to build a solar field bigger than Manhattan near the city of Ordos, Inner Mongolia. The project will dwarf the largest solar plants to date, and eventually generate enough electricity to power the equivalent of 3 million Chinese homes. To fulfill the huge demands, First Solar says it's considering building a solar-module manufacturing facility in the city to support the project. While financial details were not released, news of the deal caused First...
...could prove to be a mirage for foreign companies. The country's policymakers are nurturing a domestic alternative-energy industry on a massive scale. China is home to more than 100 wind-turbine manufacturers and some 400 solar-panel companies. The country has quickly grown into the world's largest maker of photovoltaic cells. Yet more than 95% of PV cells produced by China in 2008 were exported, indicating the country's output far exceeds domestic demand. Not surprisingly, foreign companies think they are being blocked from the mainland market. The European Union Chamber of Commerce in China has complained...
...Adelstein should know. As a rare foreigner working the crime beat at the Yomiuri Shimbun, Japan's (and the world's) largest-circulation newspaper, he got so close to the yakuza that he found himself buying cigarettes for former gang leaders and being guarded round the clock by a fiercely loyal retired crime boss. This all seems like an unlikely fate for a "goofy Jewish-American" in mismatched socks, as Adelstein presents himself, but his juicy and vividly detailed account of investigations into the shadowy side of Japan shows him to be more enterprising, determined and crazy than most...
...more and more are turning to third-party-exchange networks like Bartercard. According to the International Reciprocal Trade Association, the industry trade body, more than 400,000 businesses transacted $10 billion globally in 2008 - and officials expect trade volume to grow by 15% in 2009. Bartercard, the world's largest exchange network, is leading the charge. So far this year trades through its network are worth more than $2 billion, up by 20% over 2008. Founded in Australia in 1991, when the country was mired in recession, the firm now does business in nine countries - including New Zealand, Sri Lanka...