MS objects to Nortel patent auction terms
Microsoft has petitioned the bankruptcy court overseeing the Nortel patent sale to force the winner of the June 20 auction to honor existing licensing deals. Microsoft has a royalty-free and ostensibly perpetual license to all Nortel's patents. HP, Motorola and Nokia have also filed objections.
Viom Networks shelves IPO plot
Tower company Viom Networks has shelved plans for an up to 60 billion rupee ($1.33 billion) IPO, citing unaccommodating market conditions and an unwillingness for majority shareholder Tata Group to dilute its stake.
Apple sued over use of iCloud name
Apple may be notorious for using lawsuits to protect its brands, but the shoe is on the other foot now it is being sued by US-based online phone service provider iCloud Communications over the name of its iCloud cloud services.
IMF hacked, a state may be to blame
An attack on the International Monetary Fund's systems on June 12 may have been conducted by a nation state, based on the sophisticated nature of the attack, security researchers say.
Samsung spars with Siemens unit over LED
Samsung has countersued Siemens' Orsam unit for alleged violation of LED patents, in retaliation to Orsam's own patent suit filed earlier this month.
Digicel revenue grows 27% to $2.23b
Caribbean and Central American mobile operator Digicel grew its revenue and ebitda 27% - to a respective $2.23 billion and $954 million - for the year ending in March.
African telcos mull tower management j/v
France Telecom subsidiary Telkom Kenya is tipped to conclude a deal to form a telecom tower management joint venture with Safaricom within three months.
Google yesterday spent an estimated $400 million acquiring online ad firm Admeld, making the company its sixth largest purchase so far.
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