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Sources say US operator LightSquared is close to a deal to pay up to $20 billion to Sprint as part of a network rollout and sharing deal, but others

Dylan Bushell-Embling
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Recent news out of China and the US has driven home the growing threat of cyberwarfare.
 
Defense contractor Lockheed Martin and the US Department of Homeland Security on Saturday confirmed that the company had come under a cyber attack, Priyo said.&nb

Dylan Bushell-Embling
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Shares in C&W spin-off CWC, which provides telecom services in the Caribbean, Panama, Macau and Monaco, slumped 12% on Wednesday after the company warned that difficult

Dylan Bushell-Embling
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Sony expects to report a 260 billion yen ($3.17 billion) loss for the last financial year, due largely to an estimated 150 billion yen impact from the March earthquake and tsunami.
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Dylan Bushell-Embling
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Arbor Networks is today putting its money where its mouth is, launching a new protection product for data centers it claims plugs a gap in current systems.
 
The firm unveiled Pravail APS, a family of application-layer p

Michael Carroll
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South Korean police have raided Google's Seoul office due to suspicions the company's AdMob mobile advertising business has been illegally collecting customer data.

Dylan Bushell-Embling
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ZTE has countersued Huawei over alleged patent violation, one day after Huawei filed its own cases in European court

Dylan Bushell-Embling
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The PlayStation Network outage could cost Sony more than $20 million in lost business by the time services are restored, figures from a leading analyst firm suggest.
 
Informa Telecoms & Media estimates the outage cost Sony over $10 million in the first six days the PlayStation and Qriocity networks were offline.

Michael Carroll
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Sony has revealed that a hacker breached its database of names, birthdates and potentially credit card numbers of the 77 million users of its PlayStation Network.

Dylan Bushell-Embling
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Google has reported an 18% increase in first-quarter profit to $2.3 billion, missing analysts' forecasts.

Dylan Bushell-Embling