Webwire: Oracle settles India bribe case; India 3G data use spike
August 17, 2012
Oracle will pay $2 million to settle an investigation by the US SEC over allegations the company violated US anti-bribery laws with unauthorized payments to Indian vendors totalling around $2.2 million.
India's 3G data consumption grew 78% in the first half of the year, as a result of increased adoption of 3G services and data tariff cuts, NSN has estimated in a new report.
Ecuador has granted political asylum to Wikileaks founder Julian Assange, throwing up a roadblock to attempts by the UK to extradite him to Sweden to face sex offense charges.
Mexican media giant MVS Comunicaciones has pledged to challenge in court a decision by the government to recover the existing concessions for the 2.5-GHz frequency band, calling the move an “act of revenge” for rehiring a news anchor that has been critical of the government.
A New Zealand court has ruled that the FBI must provide the evidence supporting its attempt to extradite and prosecute Megaupload founder Kim Dotcom for copyright violation, as withholding the evidence from Dotcom's legal team would leave him disadvantaged in the extradition hearing.
Apple has reportedly been laying off some retail store employees and cutting hours for others, due to a push by new SVP of retail John Browett to make its sales operations leaner and more efficient – despite the stores' strong records of profitability.
Jack Narcotta/Technology Business Research
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