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Samsung says Nokia takeover rumours are without merit
Finnish vendor's shares rose on Friday after report of Samsung's interest. South Korean consumer electronics giant Samsung Electronics Co. Monday said speculation that it is planning to launch a bid for Nokia Corp. are without merit."The rumor regarding...
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India court to issue summons to Google, Facebook...
Internet companies accused of failing to censor objectionable content on their sites. A trial court in India Friday moved ahead with a criminal case against Microsoft Corp., Google Inc., Facebook Inc., Yahoo! Inc. and some other entities, by...
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Revamped Google Maps goes offline for mobile
New service enables mobile users to save maps for use when they have no data connection. Google Inc. unveiled a revamped maps program Wednesday that allows mobile users to use the service offline in places where they lack...
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Belgium regulator says Internet access still too costly
BIPT chairman says country is on track to reach EU's 2020 broadband targets. Belgium's telecommunications market needs a price-focused player and more consumer pressure to bring down the high cost of TV and Internet access, says Luc Hindryckx,...
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EU starts consultation on state aid rules for...
Consultation will run until 3 September, with final Broadband Guidelines due to be adopted by December. The European Commission, the European Union's executive arm, started Friday the process of consultation on what rules should govern the provision of...
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Bharti Airtel to buy 49% of Qualcomm’s India...
Bharti Airtel Ltd. said Thursday it will buy a 49% stake in the Indian broadband business of Qualcomm Inc. for about $165 million in a deal that will allow the company expand its fourth-generation high-speed data services. Bharti...
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Facebook shares climb in early Wednesday trading
Facebook Inc. shares rose 3.2% Wednesday, halting a two-day losing streak, as investors continued to analyze what went wrong with the company's initial public offering. Facebook shares gained $1 to finish at $32, gaining back some ground after...
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