Ericsson has posted a 63% slump in second-quarter profit to 1.2 billion kronor ($172.7 million), as a result of depressed spending on carrier equipment and mounting losses at joint venture ST-Ericsson.
Apple told to run “Samsung didn't copy” ads in UK
A UK court has ordered Apple to run notices on its UK website and in several publications detailing the verdict that Samsung's Galaxy Tab does not copy the iPad's design.
Russia passes web control laws
Russian parliament has approved a series of bills aimed at tightening controls on the internet, prompting a protest from the UN high commissioner for human rights.
PayPal growth boosts eBay quarterly earnings
Growing revenue from PayPal propelled parent eBay to a $692 million profit for the June quarter, up from $283 million a year earlier.
MS faces first quarterly loss from writedown
The $6.2 billion writedown on Microsoft's acquisition of aQuantive could lead the company to report its first loss in its 26 years as a public company for its fiscal fourth quarter, based on financial analysts' estimates from before the charge was announced.
Indian handset brands eye overseas expansion
Indian handset makers including Karbonn, Maxx and Micromax plan to extend their international presence to regions including west Asia and Latin America, a financial analyst said.
Vodafone investors tired of dividend dilemma
Vodafone investors are growing impatient with Verizon Wireless' lack of a regular dividend payout policy for Vodafone's 45% holding in the US wireless venture.
Android 4.1 more secure than predecessors
The Jelly Bean update to Android makes the OS more secure by correctly implementing address space layout randomisation (ASLR) and non-executable memory protection, a security researcher has found.
YouTube launches face-blurring function
Google's YouTube has introduced a feature allowing users to automatically blur the faces of people appearing in videos of important news events uploaded to the site.
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