Webwire: Google misses Q4 expectations; Temasek sells Shin Corp shares

Webwire: Google misses Q4 expectations; Temasek sells Shin Corp shares

Staff writer  |   January 20, 2012
Google missed analysts' expectations with its fourth quarter results, despite posting 6.4% higher profit of $2.71 billion, from record revenue of $10.58 billion.
A unit of Singapore's Temasek Holdings will sell off 200 million shares of Thai telecom and IT conglomerate Shin Corporation, in a deal expected to be worth up to $261 million.
The European Union will decide on February 13 whether to approve Google's takeover of Motorola Mobility. The EU extended the initial January 10 deadline after telling Google it must supply more details to support its case.
Taiwan Mobile expects its net profit to grow 7% in 2012, due to a projected increase in data usage and its new TV shopping channel business.
Angry Birds developer Rovio will not conduct an IPO this year, but does plan an eventual listing, potentially in Hong Kong.
The Chinese government plans to expand rules requiring users of microblogs to post using their real names. The rules, which currently affect new registrations, will be extended to also apply to existing users.
US authorities have shut down popular file locker service Megaupload, and arrested seven people associated with the site, accusing them of conspiring to profit from online copyright infringement.
The new Spare One handset being launched in the US promises a standby life of up to 15 years on a single AA battery, as well as 10 hours of talk time, and is being marketed as an emergency backup phone.


Staff writer


TelcoStrat 288

May 7-8, Jakarta
Join telco CxOs from around Asia to discuss:
• Changing the way telcos operate
• New service offerings
• Restructuring for innovation
See the conference agenda >>

Transmode's Sten Nordell explains why Asia is ahead of the game in mobile fronthaul, and how WDM-PON’s time has finally come


Frontpage Content by Category with Image

Activists petition for the withdrawal of the Newborn-to-Toddler Apptivity Seat


Telecomasia.net full website

© 2012 Questex Asia Ltd., a Questex Media Group company. All rights reserved. Reproduction in whole or in part is prohibited. Please send any technical comments or questions to our webmaster.