Alcatel-Lucent has confirmed plans to sell call center unit Genesys to Permira for $1.5 billion in cash, in a deal expected to be closed by the beginning of next year.
The iPhone 4S has a bill of materials of around $188 for the basic model, according to a teardown from iSuppli. In a possible response to its ongoing patent war with Samsung, Apple appears to have started sourcing memory from Samsung rival Hynix - though Samsung is still supplying the processor.
ST-Ericsson reported a Q3 loss of $211 million, up from $121 million a year earlier, and a 27% decline in revenue. The semiconductor JV has also forecast only a slight sequential increase in revenue during Q4.
Samsung is debuting the latest version of Android on its Nexus smartphone. The vendor joined Google in unveiling Android 4.0 yesterday.
Vodafone will shutter its Vodafone 360 content and services brand at the end of the year, but will hang on to mobile music service Music Unlimited.
Security firm Symantec is warning that a fresh variant of the Stuxnet virus - used to attack Iranian nuclear plants – has been found in at least one European organization.
The high-stakes Java patent trial between Oracle and Google has been postponed from its planned end-October start date, and may be presided under by a new judge.
In an indication of the potential impact of the Thai floods on technology companies with production in the nation, hard drive and networking product maker Western Digital has forecast a swing to a loss for the current quarter, and could see exports from Thailand shrink by up to 40%.
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