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China arrests 36 for fraud on Alibaba and other sites |
BBC News 1 July 2011
Alibaba's reputation took a hit as a result of the online fraud on its e-commerce website
Chinese police have arrested 36 people connected with operating an online fraud on Alibaba.com and other websites, the company has said. Those arrested stand accused of duping overseas buyers of more than $6bn (£3.7bn) by posing as suppliers on the Chinese e-commerce websites.
The fraud resulted in the chief executive and chief operating officer of Alibaba quitting earlier this year. Alibaba is China's largest e-commerce group. "The arrest of the suspects hits online scammers hard," said Alibaba.com boss Jonathan Lu. The company said the arrests were made following a 40-day investigation earlier this year.
Alibaba said it had introduced strict procedures in an attempt to prevent a repeat of such cases. As a result, the number of fraud complaints received monthly by the website declined by 70% between February and June, Alibaba officials said. The company said it would keep up its efforts to ensure the safety of its consumers.
"We will continue to co-operate with defrauded buyers and police to pursue the investigation, arrest and sentencing of those who commit crimes using our platform," said Linda Kozlowski of Alibaba.com. "If scammers think they can hide on the internet and that no-one will go after them, they are wrong," she added. |
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UK Free school 2012 applications reach 281 |
There have been 281 bids to open free schools in England in the second round of applications, the Department for Education has said.
It follows 323 applications made in the first round, of which more than 12 are expected to open in September. |
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80 million USB 3.0 devices in 2011 |
Report from NanoTech : There should be little doubt that USB 3.0 technology has arrived on PCs after a report released today forecast that tens of millions of devices using the standard will ship in 2011.
The HP Pavilion dv6 is one of many HP laptops that now sport USB 3.0 ports. "The primary story for USB in 2010 was the emergence of the SuperSpeed standard. 2011 should be a much bigger year for the technology, especially in mobile PCs," said market researcher In-Stat. "This has led In-Stat to forecast that nearly 80 million USB SuperSpeed-enabled devices will ship in 2011."
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Gove: poor primary schools 'to be converted into academies' |
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Telegraph 16th June 2011
Hundreds of failing primary schools in the UK will be pulled out of local authority control and converted into academies under Government plans being announced today.
Only 203 academies were run by private sponsors last year, Government figures show, but that number is expected to rise to 362 by the end of the 2011/12 academic year.
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