Webwire: Dell seeks $2b cost cuts; US still probing Huawei, ZTE

Staff writer
14 Jun 2012
00:00

Dell seeks to trim $2b from costs

PC maker Dell is targeting cost savings of at least $2 billion in the next three years, as part of a strategy shift that will also see it focus on data center equipment, software and services.

Bloomberg

US still probing Huawei, ZTE

US authorities have again requested that Huawei and ZTE detail their relationship with the Chinese government, as part of a security review. Huawei must also explain its ties to several US consultancies.

Wall Street Journal

Nokia said to close in on Vertu sale

Nokia is rumored to be close to clinching a deal to sell its Vertu luxury mobile phone business to private equity group EQT for around €200 million ($251.8 million).

The Guardian

Brazil raises $1.4b in 4G auction

The Brazilian government has raised 2.93 billion reais ($1.42 billion) from the sale of 4G spectrum to the nation's top four mobile operators and two pay TV providers.

Bloomberg

Security staff shortfall endangers US

The US is lacking in computer security experts, putting critical systems at risk as the number of cyber attacks increases, Symantec chief executive Enrique Salem says.

Reuters

UK Google prosecution unlikely

Google is unlikely to face criminal charges in the UK over data mining by StreetView cars despite a fresh investigation being opened, data experts predict.

The Telegraph

HTC won't make low-end smartphones

HTC does not plan to enter the low-end smartphone segment to tackle challenging market conditions at the higher-end, for fear of tarnishing the company's brand image.

MarketWatch

ICANN receives 1,930 gTLD applications

ICANN has received 1,930 applications for new generic top level domains (gTLDs). Google was one of the most active participants, spending $18.7 million to apply for over 100 suffixes.

New York Times

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