FASTTAKES: Citigroup, Pace, Google, Dialog, Nokia, Telstra

Staff writer
27 Jul 2010

Citigroup told its mobile banking customers to upgrade to a new version of its iPhone app after discovering a security flaw which saved personal account information to a file on their handsets and PCs, WSJ said.

UK set-top firm Pace is to acquire US firm 2Wire, the biggest supplier of telco residential gateways in the US, for $475m.

Googlehas released a new version of its email, calendar and other cloud services designed to meet stringent US government security requirements.

Dialog Axiata, Sri Lanka’s leading mobile operator, has returned to the black, with a LKR1.37 billion ($12.2m) net profit in Q2, compared with LKR7.7 billion loss a year earlier. Revenues grew 14% to LKR10.2 billion.

Southeast Asia mobile penetration passed 90% in 2009, with connections up 22% but revenue growing just 3.2%, said Frost & Sullivan.

The Nokia-Intel MeeGo platform has been chosen by in-vehicle tech group GENIVI Alliance as the basis of its next reference release for in-vehicle infotainment, the Linux Foundation announced.

An employee error accidentally directed led followers of its Twitter account to a Facebook page entitled Telstra is pathetic, reported.

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