Webwire: CWC warns on profit; Twitter buys Tweetdeck
May 26, 2011
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 trading conditions in the Caribbean are likely to affect its future earnings.
Twitter has acquired TweetDeck in a deal believed to have been worth around $40 million. The TweetDeck app has been downloaded over 20 million times.
AT&T has revealed it will first launch its LTE network in Dallas, Houston, Chicago, Atlanta and San Antonio in the northern hemisphere's summer, and follow up in 10 or more markets in the second half of the year.
Apple has admitted to the existence of Mac Defender, a malware program targeting its Mac OS X platform, which the company has been keeping quiet about since it was discovered at the start of the month.
Sony shut down a Canadian site linked to Sony Ericsson, and suspended services in Indonesia and Thailand, after detecting more intrusion attacks on the company's web properties. The company this week also revealed an attack on its Sony BMG site in Greece.
China Unicom has launched a cut-price 66 yuan ($10.16) per month iPhone plan as it seeks to stave off growing competition for iPhone users from China Mobile and, potentially, China Telecom.
YouTube users are now watching over 3 billion videos a day – up 50% from last year – with roughly 48 hours of video uploaded every minute, Google revealed on the site's sixth birthday.
Nokia has unveiled an 18-carat gold smartphone, the Nokia Oro, which has a sapphire-crystal menu key and comes bundled with a gold-plated bluetooth headset.
Craig Bachman/TM Forum
The trillion-dollar question is how to respond to the size, scale and variety of the IoE opportunity