Vodafone challenges new India tax demand
Vodafone has initiated another tax battle with the Indian government, this time over “transfer pricing issues” in a tax demand covering a transaction between Vodafone India and other Vodafone group companies.
Google to sell out of Clearwire at 90% loss
Shares in US wireless broadband operator Clearwire slumped 6.8% on Friday, after Google revealed it plans to sell its 6.5% stake in the operator for $1.60 per share – less than a tenth of the price it paid for them.
Swastatika buys 15% of Smartfren Telekom
Indonesia's PT Dian Swastatika will pay 1 trillion rupiah ($111 million) in convertible bonds for a 15.4% stake in CDMA-based carrier PT Smartfren Telekom.
Android exploit lets hackers control phones
Cybersecurity researchers have discovered an exploit in the Android OS enabling malicious hackers to take control of a user's phone, if they click on a web link in a spoofed email or SMS.
Apple pays $50m for mobile search start-up
Apple will buy Chomp, an Australian mobile search engine start-up, for a reported $50 million.
Wikileaks suspect's court-martial begins
Bradley Manning, the US army intelligence analyst accused of transferring thousands of classified or confidential documents to Wikileaks, has deferred a plea in his first court-martial hearing.
Hollywood cheered by streaming growth
Hollywood studios are becoming encouraged by the growing proliferation of movie and TV streaming services, believing that more competition makes it easier to get a better content deal.
UPC Ireland posts strong fixed sub growth
Irish cable TV and broadband provider UPC Ireland lifted its broadband subscriber base by 28% and its telephony subscriber base by 68% during 2011.
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