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Volvo Sale is Complete - New Owners are Chinese Automaker Geely Holding Group

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Volvo Sale is Complete - New Owners are Chinese Automaker Geely Holding Group

Mr. Li Shufu, chairman Zhejiang Geely Holding Group Company Ltd - Volvo

(Best Syndication News) - Volvo Car Corporation is now owned by Zhejian Geely Holding Group Company Limited according to an announcement by the previous owners, Ford Motor Company [NYSE: F]. The initial agreement to purchase Volvo was signed in March of this year with a purchase value of $1.8 billion. Geely paid $1.3 billion in cash to complete the sale on August 2, 2010. Adjustments for estimated purchase price will still need to be finalized and settled which should happen some time later this year, which is anticipated to be additional funds being paid to Ford.

Ford will be working with Geely to transition the Volvo business smoothly by providing power-trains, stampings and other vehicle components for different time periods. In addition, Ford will also help with engineering support, information technology, access to tooling for common components, and some other specific services during the transition of ownership.

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Google Search Engine Fully Blocked in China

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(Best Syndication News) - CNBC is reporting that Google (GOOG) has been fully blocked in China. They are not the only websites being blocked by the Chinese government, Twitter and Facebook have also been censored. Google had been blocked before because of not following the Chinese government censorship rules.

Update: We contacted Google for comment. A spokesperson for the search giant tells Best Syndication that things are back to normal. “Because of the way we measure accessibility in China, it's possible that our machines could overestimate the level of blockage That seems to be what happened last night when there was a relatively small blockage. It appears now that users in China are accessing our properties normally.

Please also note that the dashboard is not a real time tool.”

According to Global Times, Google also have recently lost partners Suzhou-based Universal Internet Media and Xi'an Weihua Network Co. These companies both recently announced that they will no longer continue their business association with Google.

Others are considering ending their partnership with Google in China. According to the same report, China Mobile, China Unicom, Alibaba, Sina and Tom might also terminate their associations. Google also lost China Mobile and China Unicom when Google had made announcements of ending their mainland China presence.

Baidu is currently the dominant search engine in China.

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India's $35 Tablet PC aimed to help get Access to Free Online Learning

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(Best Syndication News) - The $35 per piece tablet PC was unveiled by the Union Minister for human Resource Development in India. The goal for India is to have a low-cost solution for educating students. In the long run they hope to reduce the price to $20 each and then in the end offer a $10 tablet PC computer.

The education policy of India is access, equity and quality. They believe that this inexpensive technology would help college students gain access to high quality e-content that is free of cost to everyone in their country. Through there National Programme on Technology Enhanced Learning (NPTEL) they offer almost 500 web based video courses and another 1,100 courses on subjects such as engineering and science are also available online.

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Community Program to Prevent Weight Gain was helpful for Australian Women

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(Best Syndication News) - A study conducted by the Australian Women's Health Organisation found that women that attended the HeLP-her Community Lifestyle Program prevented weight gain compared to the control group that did not get the behavior intervention. The study was published today at the online edition of the British Medical Journal, bmj.com.

Australia is facing the same obesity epidemic and is the fourth biggest nation of people that are either overweight or obese. There are 60 percent of the Australian population that is considered over their normal healthy weight. Young women in Australia have been gaining weight at a more rapid pace than any other age range for women. The study wanted to determine if a community run intervention program was beneficial at stopping the weight gain for these women.

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Ping Ping Smallest Man Dies

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[Best Syndication News] He Ping Ping the smallest man died in Rome back in March in Rome when he was taken to a hospital after complaining of chest pains. Ping Ping is from China, but was in Rome filming a new TV show called “The Record Show.”

After being taken to the hospital, he spent two weeks in the hospital with a majority of the time being in the intensive care unit. He died on March 13th, 2010. He was 21 years old.

He Pingping was the record holder for the smallest man in the world in the Guinness Book of World Records. Ping Ping stood only 2 feet 5 inches tall. He received the honor of the smallest man in 2008.

In 1988, Pingping was born in Wulanchabu, China with primordial dwarfism. Pingping was returned back to China to be laid to rest.

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