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Samsung to enter the social network competition

Word on the information superhighway is that Samsung is looking to create its own Facebook-style social network

Bahar Karaman

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Word on the information superhighway is that Samsung is looking to create its own Facebook-style social network. Imaginatively code-named Samsung Facebook, it’s meant to be accessible on smart TVs and cameras as well as on the traditional smartphones and tablets.

Word on the information superhighway is that Samsung is looking to create its own Facebook-style social network

The early bones of the social network are supposedly set for an early 2013 release, inspired by the relative success of ChatOn.

The key to ChatOn’s success has been instant messaging between different types of device on different platforms – as well as being on Samsung’s bada OS, its an app on iOS, Android, BlackBerry and Windows Phone as well as on PCs.

Cloudy with a chance of an overused subhead

According to Korea Times’ sources, the network will integrate with Amazon’s cloud services, as well as being built into Family Story, Samsung’s existing social app.

One official told the paper, “By the end of the year, we will have a polished and finished version of Family Story that will be offered first to Samsung device users for free.

“The new service will become available in the first quarter of next year at the earliest.

via Samsung chases Facebook’s tail with social network plans | News | TechRadar.

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Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam

The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.

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Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

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Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

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Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

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Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval

With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

Olivier Languepin

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Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval  for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.

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