Kudelski Group, a provider of CS solutons an related DTV technologies, announced today that it closed its previously announced stock purchase transaction with Liberty Media and has acquired voting control of OpenTV Corp.

Sources at Intel Israel claim that the company's Fab 8 facility in Jerusalem is to be closed down, and that its flash memory operations - including the Fab 18 facility in Kiryat Gat - are going to be sold.

Earnings dropped as Intel fended off Advanced Micro with price cuts and started manufacturing new chips to win back orders. Chief Financial Officer Andy Bryant forecast gross margin will narrow to about 50 percent this year...

A record trade surplus that flooded the economy with cash, helping stocks to more than double last year, is making it harder for Premier Wen Jiabao to cool an investment boom.