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Technology & Telecommunications : Displaying 28-37 of 57


India’s Retail Sector: Ripe for the Picking
by Freny ManeckshaSpecial to CorpWatch
November 19th, 2012
A decision by the Indian government to allow foreign multinationals to invest in the country’s $500 billion retail market is expected to spell the death knell for thousands of small, family-owned shops and even threatens street hawkers, who have supplied local neighborhoods for generations.

Taiwanese Display Manufacturer Fined $500 Million for Price-Fixing
by Puck LoCorpWatch Blog
October 22nd, 2012
Taiwanese company AU Optronics and its U.S. subsidiary were fined $500 million by a U.S. judge for conspiring to artificially inflate the prices of liquid crystal display (LCD) screens in a verdict handed down last month. Two former AU Optronics executives were also given three-year prison sentences.

Bribing Mexico: Walmart Accused of Corruption
by Pratap ChatterjeeCorpWatch Blog
April 21st, 2012
Eduardo Castro-Wright, the former CEO of Walmart Stores USA, has been accused of orchestrating a $24 million bribery scheme to expand the company's presence in Mexico between 2002 and 2005. The alleged scheme involved a series of payoffs to Mexican city governments, according to an investigation by the New York Times

Greenwashing Walmart
by Pratap ChatterjeeCorpWatch Blog
April 18th, 2012
Is Walmart going green? Mike Duke, the company’s CEO, says in a new 126 page report that the company is becoming more sustainable and responsible while “building meaningful, long-term change.” Activists disagree. Walmart’s “environmental impact has only grown over the last seven years” they say in a counter-report.

Exploiting Indonesia: Adidas for London Olympics 2012
by Pratap ChatterjeeCorpWatch Blog
April 16th, 2012
Adidas, the German sportswear company, is making Olympics uniforms for the UK team at sweatshops in Tangerang city, near the main international airport of Jakarta, Indonesia. Young female workers are paid 5,000 rupiah (54 cents) an hour for a 65 hour work week, according to revelations made in the Independent newspaper.

Big Brother in Iran: With A Little Help From Chinese and European Companies
by Pratap ChatterjeeSpecial to CorpWatch
March 27th, 2012
Big Brother is watching Iranians with a little help from Chinese and European companies. Reuters revealed that ZTE Corporation had sold Tehran surveillance technology. This comes in wake of revelations late last year by Bloomberg that Creativity Software in the UK had sold the Iranians “location tracking and text-message monitoring equipment.”

AT&T Allegedly Profited From Nigerian Scam Artists
by Pratap ChatterjeeCorpWatch Blog
March 23rd, 2012
AT&T, the U.S. telecommunications giant, allegedly profited from Nigerian nationals, who claimed to be deaf, to help them order goods from U.S. stores with stolen credit cards. The U.S. government alleges that the company then passed the charges on to the taxpayer.

Dollar Stores: Top Link in the Sweatshop Chain
by Kent PatersonSpecial to CorpWatch
October 6th, 2010
A growing group of chain-store corporations that cater to America's poor with cheap goods are classifying workers as managers. By categorizing employees as salaried managers these dollar stores avoid paying overtime wages that the Fair Labor Standards Act mandates for hourly workers.

Dark Side of the Tourist Boom: Cruise Ship Controversies Cross Borders
by Kent PatersonSpecial to CorpWatch
July 9th, 2008
The Mexican Pacific resort of Zihuatanejo recently cancelled a major new cruise ship terminal, giving a victory to environmental activists and other opponents. However, Mexico remains the world’s Number One cruise ship destination; and with little regulation, allegations of onboard crime, and increasing militarization as regards security while ships are in port, the rapidly expanding industry is facing new challenges.

An Uncomfortable Spotlight in Davos
by Pratap ChatterjeeSpecial to CorpWatch
January 31st, 2008
The CEOs of three-quarters of the world's 100 largest companies have just completed an uncomfortable weekend at the tiny Swiss ski resort of Davos, while their companies' share prices nosedived on global stock markets, amid concern that the U.S. economy is staggering towards recession.