Oracle pays $2m to settle India bribes case
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 3G data use grew 78% in 1H12
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 grants Julian Assange asylum
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.
MVS Comunicaciones to challenge 2.5-GHz recovery
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.
FBI must show evidence in Dotcom extradition trial
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 said to trim retail store fat
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.