Webwire: Apple briefly most valuable in world; Nokia drops feature phones in NA

Webwire: Apple briefly most valuable in world; Nokia drops feature phones in NA

Staff writer  |   August 10, 2011
telecomasia.net
Thumbnail: 
A surge in Apple's share price pushed its market capitalization beyond energy giant Exxon for part of yesterday's Nasdaq trading. Apple's market cap had reached a high of $347.3 billion during the day.
 
Nokia's US chief has revealed the company plans to stop selling feature phones or Symbian phones in the US and Canada, concentrating exclusively on smartphone sales through wireless operators.
 
US police are investigating allegations from Verizon Communications that its striking employees have been conducting acts of sabotage - including cutting fiber, cable and phone lines.
 
Facebook has launched a standalone mobile messaging app for Android and iOS smartphones named Facebook Messenger.
 
The Indian government will hang on to its 30% stake in Bharti Airtel subsidiary Bharti Hexacom for now. Public sector company TCIL has been dissuaded from earlier intentions to exit the venture due in part to the operator's performance.
 
Wikipedia founder Jimmy Wales is hunting for more female contributors, to fill gaps in the user-edited encyclopaedia that the site's primarily “26-year-old geeky, male” editors lack the expertise to address.
 
Nokia Siemens Networks will extend its manufacturing facility in Chennai, India by nearly 50%, and increase to 33 the number of product lines produced there.
 
A group of US developers are creating an augmented reality mobile app that will show an outline of the former World Trade Center towers in photos taken of the New York skyline.
Staff writer

Frontpage Content by Category

Rob Powell/Telecom Ramblings
Beats analyst expectations with earnings, forecast

Frontpage Content by Category with Image

Mobile internet market worth nearly $1b