Webwire: Facebook valued at $70b; Apple may launch mid-range iPhone

Dylan Bushell-Embling
28 Jun 2011
00:00
News
Daily News

Facebook share sale values firm at $70b

The latest purchase of Facebook shares, by investment fund GSV Capital, values the social networking site at around $70 billion.

Forbes

Apple may launch high-end, mid-range iPhones

A financial analyst expects Apple to launch a mid-range iPhone, possibly named the iPhone 4S, as well as the anticipated high-end iPhone 5 in September.

Apple Insider

Sina, Tencent vie for China social crown

Two companies, Sina and Tencent, are vying to become China's Twitter and Facebook, with Tencent challenging Sina's microblogging leadership while both explore new social media services.

Wall Street Journal

MS, BT team for “super Wi-Fi” trial

A consortium including BT, Microsoft, Sky and the BBC will tomorrow commence a trial of “super Wi-Fi” using white space spectrum in Cambridge, UK.

The Telegraph

Huawei installs LTE at world's most north town

Huawei has conducted an LTE installation for Telenor at the world's northernmost town, the Arctic settlement of Longyearbyen, which has an average winter low temperature of -21°C (-6°F).

International Businesses Times

Nokia has options for NSN other than sale

Nokia Siemens still has a number of options available to it, a Nokia spokesperson said in response to speculation that plans to sell the JV to private equity firms have not led anywhere.

Wall Street Journal

Motorola invests in m-payment firm ViVOtech

Motorola Mobility and Motorola Solutions are along the investors in a $24 million funding round by US-based mobile payment company ViVOtech.

Chicago Tribune

HTC opens European hub in UK

HTC has opened a UK office that will serve as the smartphone vendor's European hub. The office currently employs 150 staff, and the company plans to double this over the next 12 months.

Financial Times

Related content

Comments
No Comments Yet! Be the first to share what you think!