As part of its move to recover from its losses, General Motors officially tasked Jerry York as its newest member of the board. York is noted for its remarkable achievements at Chrysler and IBM. Although GM has been receiving negative feedbacks lately, York is positive that the company is going to recover. During his January speech, he proposed five things to the GM management: first, to make the expectation of revenue and cost more realistic; second, reduction of product offerings; third, review the whole company with an unbiased perspective; fourth, focus on core businesses; fifth, set a clear vision for the company.

Several Computer Companies Seek for Expansion

In terms of technology, Intel Corp. recently got the official permission from Vietnam in order to construct a microchip plant within its territory. Earlier, the leading microchip company, proposed the $605M project, which will be built at Ho Chi Minh city. Vietnam would surely benefit from the budget since the project is expected to attract more foreign investors in the country.

Meanwhile, Lenovo computer company has announced its plans to release computers that bear the company's name. Lenovo computers formerly carried the logo of IBM. The company stated that the move is part of its plans to establish itself in the worldwide market of computer technology.

Just recently, Apple computers invited several analysts and new reporters to its Cupertino base in order to check out its so-called "new and fun products." So what's up with the big bang? Rumor has it that Apple is intending to expand its technological products into Hollywood. Apparently, its iTunes has been contributing to the promotion of many TV programs. Again, there's a possibility that the latest rumors could again turn out to be wrong. Yet then invitation given by Apple is surely a good sign that the company is up of a big bang of a surprise for everyone.

As part of China's vision to improve its local technological industries, Vice Premier Wu Yi vowed last Thursday to strengthen the fight against illegal copying of softwares, music, and videos. Piracy has been a growing problem in the country for years. Despite several attempts to combat it, the problem continues to spread. In fact, piracy in China has roused international complaints including the report made by Washington. Now, the Vice Premier pledged to strengthen the battle against piracy not only as a response to these foreign complaints, but also as part of China's goal to improve its local technology.