CIO reports that Foxconn's Hon Hai Precision Industry Co. has established a new research center aimed at developing new display and touch technologies in Japan, which might lead to recruiting personnel away from Sharp. The new center, called Foxconn Japan RD Co., signifies a huge investment for Hon Hai and looks to attract top talent from all over the country. . Read More

Mashable reports that Nokia has launched Lumia 925, a lighter, metal model, which replaces polycarbonate in a few places on the phone for aluminum, in an attempt to grab the attention of buyers to reduce the massive market lead of rivals Samsung and Apple Inc. in the profitable smartphone market. . Read More

The Wall Street Journal reports that the Pentagon has accused the Chinese government of targeting the U.S. government computer systems for attack in a new report. . Read More

TechCrunch reports that Amazon has launched its Appstore in China in an unexpected move that makes the way for the release of Kindle devices in the country. Also, Amazon debuted its Chinese-language website for developers. . Read More

Reuters reports that Alibaba Group has purchased an 18 percent stake in Sina Weibo, a micro blogging service owned by Sina Corp., China's largest Internet portal and media website for about $586 million, valuing Weibo at more than $3 billion. Read More

The Wall Street Journal reports that Apple has appeared in an article in People's Daily, which lists numerous websites and app stores that are being investigated for presenting pornographic content in China. . Read More

WSJ reports that Alibaba Group Holding Ltd. said it will promote its own Smartphone OS by way of subsidies to mobile phone makers and a one billion Yuan, or roughly $160 million, funding program for app developers. The announcement has come out less than a year after Google Inc. accused the Chinese company of developing its mobile OS by altering the U.S. company’s Android software. . Read More