Three jailed in China over iPad 2 leak
A Chinese court has handed down prison terms to three people for stealing information about the iPad 2 six months before the product was announced. The case involved a Chinese accessories maker bribing former Foxconn employees to obtain digital images of the device.
France invites bids for $3.5b 4G auction
French telecom regulator Arcep has commenced a 4G auction, giving interested parties until September and December respectively to sign up to bid on 2.6GHz or 800MHz spectrum. The government expects to raise at least €2.5 billion ($3.54 billion) from the process.
PLDT shareholders approve Digitel buy
PLDT shareholders have approved the 78 billion peso ($1.8 billion) takeover of Digitel, but the transaction – scheduled to take place at the end of the month - still hinges on obtaining regulatory approval.
DoJ clears Google to bid on Nortel patents
The US Department of Justice has cleared Google to pursue its purchase of Nortel patents, stating a purchase would not raise competition concerns. Google has submitted the $900 million stalking horse bid for next week's auction.
Next Google phone under development
Google is reportedly working on the next own-branded Android phone, which will include a dual-core 1.2GHz or 1.5GHz GPU, have a 720p HD screen and support 1080p video capture and playback.
Time Warner buys NewWave for $260m
Time Warner Cable will buy US cable, internet and phone service provider NewWave Communications for $260 million.
Apple selling iPhone 4 unlocked in US
Apple has for the first time started selling unlocked GSM iPhone 4s in the US, with prices starting at $649 for the 16GB version.
Batelco, KHC to buy 25% of Zain Saudi by Q3
Bahrain's Batelco and investment company KHC expect to complete the joint $950 million purchase of a 25% stake in Zain Saudi by the end of the third quarter, once due diligence is complete on the deal.
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