iPhone 5 likely to have embedded NFC chip
The latest rumors about the upcoming iPhone 5 suggest that it will come with a NFC chip embedded into the device. NFC capabilities would allow Apple to take on Google Wallet and Microsoft's planned mobile wallet offering.
US ITC to review Motorola win in Apple case
The US ITC will review one of its judge's findings that Apple has violated a Motorola patent with the iPhone and iPad, and consider whether to order an import ban. A federal judge has meanwhile thrown out a separate patent battle between the companies for a second time.
MS buys social network company Yammer
Microsoft will pay $1.2 billion to acquire Yammer Inc, operator of the in-company social network Yammer, which currently has around 5 million users.
Reuters
Verizon, T-Mobile reach spectrum swap deal
US operator Verizon Wireless has agreed to a deal to sell some spectrum rights to T-Mobile USA, and swap some other frequencies.
SK Telecom unit has 5m Smart Wallet users
SK Telecom subsidiary SK Planet has signed on 5 million users of mobile payment platform Smart Wallet in the two years since its launch.
Kyivstar, MTS settle Ukraine interconnect brawl
Ukraine's two largest mobile operators Kyivstar and MTS have reached a new interconnection agreement, ending a dispute that has been brewing since Kyivstar cancelled their previous arrangement.
India unveils specs for “cheapest tablet” upgrade
India's IT ministry has unveiled the next generation of the “world's cheapest tablet,” the Aakash. The new Aakash 2 will have a faster processor, a longer battery life and use the latest version of Android.
Samsung expects record mobile profit in Q2
Samsung expects to make another record mobile profit in the second quarter, due to strong sales of the new Galaxy S III smartphone.