AP News
The Associated Press ("AP") is the essential global news network, delivering fast, unbiased news from every corner of the world to all media platforms and formats.
Japan Launches Rocket With South Korean Satellite
Japan has successfully completed its first successful launch of a foreign-made satellite, and plans to carry out more commercial launches in the future.
Facebook’s Saverin Renounces US Citizenship Ahead of Facebook IPO, Will be Based in Singapore
Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship to save on taxes, and will be based in Singapore to focus on Asian investments.
Japan to Launch 4 Satellites Friday, 1 for South Korea
Japan plans to launch four satellites into space this week, including a South Korean one that is its first payload for a foreign customer.
Micron in Talks to Acquire Japanese Chipmaker Elpida
U.S. chipmaker Micron Technology is in talks to acquire Elpida Memory, which earlier this year filed for Japan’s largest-ever manufacturing bankruptcy.
Foxconn Building Shanghai HQ, Aims at China Market
Foxconn has started work on its Shanghai headquarters, and is hoping to sell more devices in the domestic market.
Liberal, Free Market Website in China Shut Down
Liberal Beijing think tank website has been closed for days, though its web administrator says it was for technical reasons.
Facebook IPO Set for May 18
Facebook’s much-anticipated IPO is reportedly going to be held Monday, May 18, raising $5B, giving the social network a $100B valuation.
Nintendo Reports 1st Annual Loss With Weak Wii Sales
Nintendo, once the star of video games with franchises like Pokemon and Super Mario, has seen its glory fade with smartphones wooing away casual gamers.
Apple Trumps Expectations, Sells 35M iPhones in Q2 2012
Apple Inc., the world’s most valuable company, trumped skeptics once again by reporting blowout iPhone sales.
Wipro Profit Up 8%, Growth Outlook Muted
Wipro’s quarterly profit rose 8 percent, but the Indian outsourcing company forecast muted growth, sending the stock into a nosedive Wednesday.







![Growth of Social Networks in Asia [Infographic] Growth of Social Networks in Asia [Infographic]](http://www.techwireasia.com/wp-content/uploads/2012/02/facebook-040212-50x50.jpg)
