Global dispatches

05.12.2005

UnifiedRoot won't register TLDs that infringe on another company's intellectual property, such as a trademark, it said. Amsterdam-based TMF Group will oversee the effort's registrations and financial management.

Briefly noted

China.com Inc. has promoted Albert Lam to CEO, replacing Rudy Chan, who is leaving the company. Lam had been China.com's president and chief operating officer and was CEO of its Newpalm (China) Information Technology Co. unit. China.com, a subsidiary of CDC Corp., sells multimedia message services and wireless application protocol products.

Achievo Corp. in Dublin Calif., has agreed to acquire Chinese outsourcing provider Jeyo Computer Technology Ltd. for an undisclosed sum. Achievo, also an outsourcing service provider, said the purchase of Guangzhou-based Jeyo will help expand its technical resources in China, where it already has operations in Beijing, Shanghai, Dalian and Shenzhen.

Two former presidents of Sanyo Electric Co., Sadao Kondo and Yukinori Kuwano, have resigned from the Osaka, Japan-based company's board of directors. Sanyo has been restructuring in the wake of widening losses. Its plans call for cutting Sanyo's workforce by 15 percent, or 14,400 workers, over the next three years.