The Singapore government said it will invest S$1.73 billion ($1.18 billion) on telecom and IT projects in the 2009 financial year.
The Australian government has allocated A$185.5 million ($141.9 million) to fund research facility National ICT Australia (NICTA) for the next four years.
Acer has provided details about its two new smartphones - the recently-launched dual-SIM DX900, and the X960 smartphone which will launch in Asian and European markets in Q2.
Nortel has opened a global network operations center in Bangalore India. The center will provide surveillance and performance monitoring solutions for enterprise and carrier customers.
A series of initiatives taken by the Philippines government will facilitate the uptake of ICT services even during the economic slowdown, research firm Ovum said.
IP test system vendor Ixia said it will acquire competitor Catapult Communications for $9.25 per share in a deal worth $105 million.
Apple has rejected another submission to the company\'s app store. The "Me So Holy" app allows users to fashion their photos into portraits resembling religious figures such as Jesus Christ.