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FASTTAKES: NSN, TI, RIM, Verizon, Palm, Google, Liberty Alliance, Cathay Pacific, Nokia

28 Jan 2009
00:00
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Nokia Siemens Networks has won a managed services deal to support the launch of Nokia's luxury Vertu brand in Japan as an MVNO.

Texas Instruments will cut 3,400 jobs - 12% of its workforce - after the US chipmaker's revenue fell by over $1 billion to $2.49 billion in 2008. Income fell to $107 million in Q4, down from $756 million in Q4 2007.

RIM executives could be forced to pay up to $79 million in fines to the Ontario Securities Commission for their role in backdating stock options, according toFierceWireless.

Verizon's net income increased from $1.07 billion to $1.24 billion in Q4 2008, with revenue growing 3.4% to reach $24.65 billion. But the US operator's landline revenue is continuing to slump.

Palm says it will defend itself in any intellectual property court disputes that arise over the similarity between the Palm Pre and Apple's iPhone, FierceWirelessreports.

Google has come under fire over its open-door Android Market policies after the discovery of an android app that allegedly wipes out data on Android-powered G1 devices.

Global operator group Liberty Alliance has formed a special interest group to help carriers manage identity-enabled enterprise and web 2.0 issues. The group was launched by alliance members Ericsson, NEC, NeuStar, Orange and Symlabs.

Cathay Pacific has launched a mobile check-in service for passengers in Hong Kong

Nokia has acquired German mobile software company bit-side to strengthen its mapping business. The Berlin-based firm has 39 employees. Financial details were not disclosed.

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