Russia's VimpelCom grew its Q1 profit to a forecast-beating $589.7 million – up 55% year-on-year, despite increased competition at home from main competitors MegaFon and MTS.
HP sells video conferencing unit to Polycom
HP has sold its video conferencing business to Polycom for $89 million, and has agreed to resell Polycom products, in a step towards the company's new focus on software and cloud services.
Netflix to open in new country, eyes Asia push
Online video giant Netflix, which operates in the US and Canada, will open in another country this year. Its CEO has hinted that it considers Asia important to plans to expand overseas.
MS previews Windows 8, may limit variety of tablets
Microsoft has given the first sneak peek of the next version of Windows. The in-development OS is being designed to work on both desktops and touchscreen devices such as tablets. But three sources claim the company will ask chipmakers wanting to use it to only work with one manufacturer on the devices.
Nokia calls MS takeover talk “baseless”
Nokia has moved to quell persistent whispers that Microsoft may try to buy out its devices business, after Nokia's share price slump re-energized the rumor mill.
BT, ZTE launch R&D joint venture
BT and ZTE have launched a new R&D joint venture concentrating on next-generation fixed and wireless technologies.
Imagine takes Motorola to court over Wimax deal
Ireland's Imagine Networks and Motorola have appeared in court over an €107 million ($153 million) lawsuit in which the operator has accused the vendor of missing its contractual Wimax obligations.
Google suspects phishing scam started in China
Google believes a phishing scam targeted at stealing the passwords of certain Gmail users - including US and Asian government officials and journalists - originated out of China.