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Webwire: Adobe dumps Flash for mobile; Sofbank, Alibaba mull hostile Yahoo bid

10 Nov 2011
00:00
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Adobe abandons Flash for mobile
Software firm Adobe is throwing in the towel on development of its Flash Player for mobile devices, claiming the wide support for HTML 5 technology makes it a better choice.
BBC

Softbank, Alibaba may make hostile Yahoo bid
Japan's Softbank and Chinese e-commerce group Alibaba are in talks with potential private equity partners over mounting a hostile takeover offer for Yahoo, sources claim.
BusinessWeek

Globe plans $790m network, IT upgrade
The Philippines' Globe Telecom has contracted Huawei for a $700 million mobile network modernization project, and Amdocs for a concurrent $90 million IT upgrade. It will be Globe's biggest investment in two decades.
Manila Bulletin

AIS boosts quarterly net 26%
Thailand's AIS grew its September quarter net profit 26% to 6.17 billion baht ($2.1 million). The operator also revealed it expects only a minimal profit impact from the Thai floods.
Reuters

Amazon buys Yap, may take on Siri
Amazon has acquired US speech recognition firm Yap, in a purchase speculated to be aimed at helping the company compete with Apple's Siri voice-controlled assistant service.
All Things Digital

Cisco gives higher than expected Q2 forecast
Cisco beat expectations with its Q2 forecast of between 7% to 8% higher sales, and earnings per share of 42 cents to 44 cents.
Reuters

Panoramic mode discovered in iOS 5
A programmer and has discovered a hidden panoramic camera mode built into Apple's iOS 5, which can be enabled on jailbroken iPhones with a single change to one file.
Daily Mail

AWS cuts data center prices
Lower energy prices are touted as a reason why a new Amazon Web Services data center in Oregon, USA undercuts its site in Northern California.
GigaOm

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