a-week-in-tech-august-29--september-4

A week in tech, August 29 - September 4

A round-up of all the latest tech news.
Japan

Internet

ò Livedoor Co says it booked a Ñ6.4 billion $54.6 million group net loss in the nine-month period to June 30, due to the adverse effects of a scandal over alleged accounting fraud that resulted in the arrest of its former president and executives in January. Livedoor says it had to book a one-off loss of Ñ12.2 billion due to the discontinuation of a range of its business plans including one for an online bank. Livedoor withdrew a license application for the bank from the Financial Services Agency. Its operating revenue, however, went up by 94.6% to Ñ101.7 billion because Carchs Co, a used car dealership formerly known as Livedoor Auto Co,...
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