Japan's richest man

Source: www.inboxrobot.com --- 68 days ago
... Internet version of Berkshire Hathaway," referring to the company of the world's richest man, Warren Buffett, Son sees the mobile Internet as the future of connected communications. He cited Japan's ... ...

Source: sutherla.blogspot.com --- 68 days ago
Softbank Eyes World's Top Mobile Internet Company Softbank CEO Masayoshi Son has set a goal to become the world's largest mobile Internet company, he said Saturday in a speech aimed at inspiring owners of small and medium-sized enterprises (SMEs) in China. Calling Softbank "the Internet version of Berkshire Hathaway," referring to the company of the world's richest man, Warren Buffett, Son sees the mobile Internet as the future of connected communications. He cited Japan's 80 percent penetration rate for 3G (third generation telephony). "In the past, we learned from the U.S...for 3G, Japan is bringing the new technology. I think this will happen in the rest of the world," he said. He also noted that currently China and India, which are among the world's top five mobile markets, have no 3G services, and therefore the potential for growth is huge. Without making any announcements, Son made it clear that he will continue to look for investment opportunities in China. "In the future, if you do not become number one in China, you will not be the number one in the world." Son has so far found success here with his investment in Alibaba, which went public late last year, and Softbank holds a 14 percent stake in social networking site Xiaonei, with an option to increase its holdings to as much as 40 percent. Softbank is already the largest Internet company in Asia by market capitalization (currently 2.1 trillion yen or US$19.53 billion). It earn ...

Source: zichi.blogspot.com --- 82 days ago
Lee Kun-Hee former chairman of the Korean Samsung Group is found guilty of tax evasion, but he won't be going to prison, he was given a three year prison sentence, suspended for five years, the prosecutor was seeking a seven year prison term. Lee Kun-Hee was also fined $110 million. The prosecutors had demanded that Lee be fined 350 billion won (US$350 million). The court dismissed the more serious charge of breach of trust by overseeing illegal trades designed to transfer control of South Korea's biggest business empire to his son, Jae-Yong. Lee Kun-Hee, the richest man in Korea was until April this year the chairman and majority shareholder of the Samsung Group, an industrial group of 59 companies. The Samsung Group is Korea's largest company which includes the giants, Samsung Electronics, the world's largest electronic company. Samsung Heavy Industries, one of the world's largest ship builders and Samsung Engineering & Construction a global company. The Samsung Group is worth about $267 billion and employs about 250,000 workers, is responsible for one fifth of all exports. Lee Kun-Hee, born in 1942, was educated in Japan and America, and speaks Korean, English and Japanese. His personal wealth is estimated to be $3.5 billion. He is the third son of the founder of Samsung, Lee Byung-chul who founded the company in 1938. Last January Lee's home and office were raided by the police in a probe brought to light by a former Samsung lawyer ...

Source: earthfamilyalpha.blogspot.com --- 88 days ago
A s we drove through the mountain pass south of Saltillo, we decided to take the road that runs up the valley towards the east. It was a rich valley, full of fruit trees and ground crops. Often when we cross this pass, there is a change of weather and very often there is rain. It must happen a lot because I saw no signs of irrigation, just lush green fields . As we returned back to the main road to Mexico City and continued our way to the Altiplano, we passed all kinds of crops and man made forests. The rainy season has started here in Mexico and things are practically electric green. S o, today, as the so called leaders of the G8 meets to discuss food and energy and climate change in a secluded spa in Japan, you've got to wonder. Do they do these things to actually deal with the problems that lay before us, or are they just expensive all expense paid vacations for these super elite. Here's part of the story : . World's top leaders tackle oil and food prices, Africa aid . TOYAKO, Japan (AFP) — Leaders of the world's richest nations Monday opened a summit aimed at battling skyrocketing oil and food prices, as pressure mounted on them to live up to their pledges to help Africa. (clip) "Food prices have nearly doubled in three years and set off riots in parts of the developing world, which are also being hit hard by record oil prices. In the closed-door session, African leaders pushed for the Group of Eight nations to make good on aid pro ...