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Webwire: Wii U has tablet controller; Avaya plans $1b IPO?

08 Jun 2011
00:00
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Nintendo unveils Wii U with tablet controller

Nintendo's next-generation Wii U console will come with a controller that takes a page out of tablet design, complete with touchscreen, accelerometer and gyroscope, internet connectivity and video calling. But the controller is not designed to work away from the console.

Guardian

All Things Digital

Avaya said to be planning $1b IPO

Equipment vendor Avaya plans to file for a $1 billion IPO, sources say, floating around 20% of the company in an offer that could be announced as early as this week.

Wall Street Journal

Google, France Tel in talks to tackle data strain

Google and France Telecom are reportedly negotiating an agreement to work to reduce the strain on the operator's networks from data traffic generated by Google. Insiders say talks will focus on technical co-operation and not financial compensation.

Bloomberg

Greece to sell 10% of OTE to Deutsche Telekom

Greece has agreed to sell a 10% stake in OTE to Deutsche Telekom for €400 million ($587.8 million) to help alleviate its debt burden. The deal would give Deutsche Telekom 40% plus one vote in the Greek operator - still below the majority ownership it is seeking.

Reuters

Apple could jump ship to Intel for chips: analyst

A Citigroup analyst has suggested that Intel is seeking to forge a foundry deal with Apple that could see Apple convert to using x86 chips in its smartphones and tablets, dumping ARM cores and current chip fabricator Samsung.

All Things Digital

AT&T told to help users recoup $1b in tax

AT&T has been ordered to help customers recoup nearly $1 billion in tax refunds from US states, after settling a class-action lawsuit alleging that taxing AT&T's mobile data services violated an Act putting a freeze on taxes for internet access.

Dallas Business Journal

Fitch cuts Nokia's credit rating

Credit ratings agency Fitch has downgraded Nokia's debt rating to BBB-, just one rank above junk status, citing concerns over sharply falling market share following Nokia's profit warning last week.

Financial Times

Aust state agrees to track sex offenders by GPS

Serious sex offenders in the Australian state of Queensland will soon be monitored over GPS, after the state government ceded to pressure to implement a system similar to one already used in neighboring New South Wales.

ABC News

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