Articles by Tony Munroe

IBM Sells PC Unit to Chinese for $1.25Bln

  • 09 December 04
  • Reuters
IBM is selling its PC-making business to China's largest personal computer company, Lenovo Group, for $1.25 billion, marking the U.S. firm's retreat from an industry it helped pioneer in 1981.

IBM 'Close' to Selling PC Maker to Chinese

  • 08 December 04
  • Reuters
China's largest personal computer maker, Lenovo Group, is on the verge of announcing that it is buying control of IBM's PC-making business for up to $2 billion, a source familiar with the situation said Tuesday.

United States Probes Chinese Life Insurer

  • 29 April 04
  • Reuters
China Life Insurance Co., which revealed earlier this month that its state-owned predecessor breached China's insurance laws, said it had received an informal inquiry from U.S. securities regulators.

Filipinos Get Thrills From Cellphone Frills

  • 16 January 02
  • Reuters
One is among the poorest markets in Asia, the other is among the richest. In one, mobile operators lead the world in generating revenue from data services as a percentage of overall revenue. In the other, data barely registers as a revenue line-item.

Compaq and CMGI In $2Bln Cyber Deal