South Africa's Vodacom missed estimates with a 6.4% increase in 1H profit, as the company lifted spending on network investment to avoid future network outages.
LGE allocates half capex budget to smartphones
LG Electronics will spend more than half of its 2012 capex budget of 1.15 trillion won ($1.03 billion) on improving the performance of its smartphone business.
Barnes & Noble unveils Nook Tablet
US bookstore chain Barnes & Noble has unveiled the tablet version of its Nook e-reader range. The Nook Tablet will go head to head in the market with Amazon's Kindle Fire, and aims to differentiate with the inclusion of HD video streaming.
Motorola wins token Apple ban in Germany
Motorola Mobility, which is pursuing a patent infringement case against Apple, has won an injunction on the latter selling some devices in Germany. But because Apple distributes its products there through a local subsidiary, the ruling should not impact its sales in the nation.
HP is considering selling off its webOS software platform for hundreds of millions of dollars, with several buyers including Oracle expressing an interest, four sources claim.
AT&T to access more Sprint data in T-Mo case
AT&T has won a court order requiring Sprint Nextel to provide it with internal documents relating to Sprint's court challenge against AT&T's planned $39 billion acquisition of T-Mobile USA.
UK mobile phone retailer Carphone Warehouse is selling its stake in a US mobile phone joint venture with Best Buy, and the pair are shutting all 11 Best Buy stores in the UK after the outlets failed to turn a profit in two years.
YouTube to launch S Korean pop channel
Google will establish a channel on YouTube dedicated to streaming South Korean pop music, company chairman Eric Schmidt told the nation's president, Lee Myung Bak.
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