Monday, May 29, 2006

India: Wall street Journal picks up on Day Traders at I-cafes

Wall Street Journal writes about The booming stock markets in India has created a new breed of investors, The stock brokers are falling short of space to service these day traders.

Internet Cafes offer a nice arrangment . Most of the customers login through the numerous cyber cafes during the trading hours ( 4 hours ) & for the rest of time, the terminals serve other customers to check mail or play games.

Nigeria Police addresses the fake raid on Cyber Cafe

In a very diplomatically crafted statement, The Nigerian Police finally makes a statement on the fake raids conducted on the Cyber cafes in Oyo state.
Oyo police committed to fighting corruption, crime, launches website, e-mails By Femi Osinusi
The Oyo State police image maker Mr Tunde Shodimu has reiterated the command ’s uncompromising stand on eradicating act of corruption from among the rank and file of its men.
While speaking with Sunday Tribne on wednesday, the Oyo State Public Relation Officer said the command is ready to show any errant officer the way out of the police.
“We are going to be unrelenting in our fighting against corruption to build a better police force for Nigeria Corrupt officers are being caught by the day with approprraite sanction being meted out to them to send as a strong signal to others who may want to continue in their bad behaviours.
While fighting corruption, we will also find ways to encourage our men within the confines of available resources”, he said. Mr Shodimu told Sunday Tribune that was a part of Oyo State Police Command’s commitment to fighting corruption in the police,officer who raided a cyber cafe on illegal operation has been apprehended and dealt with after careful investigation to unmask the perpetrators.
The police image maker who explained that the police was statutorily empowered to raid premises suspected of being used for criminal activities however said that there is a laid down rules for such raids which have to be strictly adhered to and that the Oyo State Public command would not tolerate illegal raids.
for the complete story read Extracted from: http://www.tribune.com.ng/28052006/crime2.html

Saturday, May 13, 2006

China: Beijing starts new campaign to check Internet cafes

Source : http://www.Chinaview.cn BEIJING, May 12
Beijing has started a three-month campaign to scrutinize the city's 1,007 licensed Internet cafes.
The aim of the campaign is to get cyber cafes to run in an orderly manner by severely punishing illegal operators, the Beijing Times reported yesterday.
Back in 2004, the country also launched a nationwide campaign to rectify Internet cafes breaking government rules by shutting down 50,000 cyber cafes operating without a licence.
However, according to a recent report from the China Radio International, the malpractice of illegal cyber cafes in urban suburbs, small towns and the countryside remains a problem.
The paper said the drive, started on Wednesday by the city's bureaux of culture, public security, industry and commerce, mainly targets those bars breaking government rules on Internet management and admitting minors, a rising concern in the Chinese capital recently.
There are about 4 million Internet surfers in Beijing, or almost one in every three residents, the daily paper said.
Once found breaking government rules, the paper noted, Internet cafes will face three types of punishment.
A cyber cafe which admits minors twice or three minors at one time will be ordered to stop business for two weeks while a cafe that permits eight minors at one time or allows minors in twice will have its business licence revoked.
Read the complete story at
http://news.xinhuanet.com/english/2006-05/12/content_4537259.htm