Acquisition of LoopPay challenges Google more than Apple
Webwire: Optus buys Vividwireless; Iran blocks SSL sites
February 21, 2012
Australia's Optus will pay $230 million to acquire Wimax operator Vividwireless, and plans to integrate the business with its planned 1800-MHz LTE rollout. The deal is contingent on the reallocation of Vividwireless' 2.3-GHz spectrum license.
Iranian internet users have been left unable to access any SSL encrypted websites and services outside of the country - including the VPNs many use to circumvent state censorship - in the lead-up to the March 2 elections.
The first 165 piracy cases being pursued under France's Three Strikes law have been sent to the courts. The accused face fines of €1,500 ($2,000) and having their internet access suspended for a month.
Thailand's ICT ministry has cut its anticipated order of tablets under the One Tablet Per Child initiative to 560,000 from 860,000, after raising the median price it expects to pay China per unit.
Apple has agreed to settle a class-action lawsuit surrounding the “antennagate” issue with iPhone 4 reception. Those plaintiffs who did not replace their iPhone 4 or take the offer for a free case in 2010 will be entitled to either $15 or a second chance for a free case.
US-based retail giant Wal-mart has arranged to increase its stake in Chinese online retailer Yihaodian for an undisclosed sum.
Google's commitment of $100 million to fund original content programming for YouTube has attracted some major US television producers willing to take a gamble on an online-only show.
Researchers have developed a new smartphone app designed to enable the blind to compose text messages on touchscreens using the Braille alphabet.