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Business News on April 21, 2012


Zuckerberg's inexperience in corporate governance may hamper Facebook success: Analysts
Facebook founder Mark Zuckerberg's lack of experience in corporate governance may raise red flags among those who are considering investing in the massive social network, analysts have said. ANI

Insurance firm 'sacks' entire1300 strong workforce via e-mail by mistake!
Over 1,300 workers at Aviva Investors, the insurer's asset management arm, were shocked to receive an exit e-mail from the company's human resource department. ANI

YouTube could face huge royalty bill after losing music clip copyright battle in Germany
Video-sharing site YouTube could be forced to pay a huge royalties bill after a German court ruled that the website must take down copyrighted music clips. ANI

China's mobile phone users exceed 1 bln
Chinese citizens are increasingly relying on mobile phones as a primary method of communication, according to data released by the Ministry of Industry and Information Technology on Friday. ANI

Global CSR Awards 2012 - Top Organisations from China, India, Indonesia, Malaysia, Philippines and Singapore Honoured
Thirteen companies from China, India, Philippines, Malaysia, Indonesia and Singapore were recognized for their outstanding corporate social responsibility initiatives programs and services at the 4th Annual Global CSR Awards 2012 held in conjunctionwith The Global CSR 2012 Summit held on 19th April 2012 at the Shangri-La hotel, Boracay, Philippines, one of the world's top beach destinations ACN Newswire

Indian KCCL Elects Conax Security Solution for Digitization of Its 200 Cable TV Operations
Conax, a leading global provider of solutions for protecting multi-device digital content, today announced it has entered a strategic contract with Kerela Communicators Cable Limited (KCCL) ACN Newswire

Earth Day 2012 New York Features Bob Lutz and New Full Size Electric Truck by VIA Motors
What do Earth Day and Bob Lutz have in common? America's muscle car icon is also known for America's cleanest vehicles, the Chevy Volt and now the world's first extended range electric (eREV) pick-up truck by VIA Motors. The new electric truck was featured at the Earth Day Celebration in New York City MarketWire

Transcend Medical Announces Four Scientific Abstracts at the American Society of Cataract and Refractive Surgery Annual Meeting
Transcend Medical, Inc., an ophthalmic device company dedicated to developing minimally invasive glaucoma therapies, announced that the CyPass Micro-Stent® will be the subject of four clinical presentations this week at the American Society of Cataract and Refractive Surgery (ASCRS) annual meeting. MarketWire

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