Webwire: Google-Moto deal not submitted for China OK

Staff writer
25 Aug 2011
00:00
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Daily News

Google-Moto deal not submitted for China OK

Google has not yet requested Chinese antitrust regulators review the company's planned acquisition of Motorola Mobility – a requirement for the deal to move ahead in China.

Reuters

Acer predicts full year loss

Acer warns it will make a loss in 2011 after generating a loss of NT$6.8 billion in the second quarter. The figure is a far cry from the NT$3.6 billion profit of 2Q10, and is blamed primarily on a $150 million write down on European inventories.

Wall Street Journal

Court bans Galaxy smartphones in EU

A trio of Samsung Galaxy smartphones could be banned in the majority of Europe, after a Netherlands court ruled the devices breach an Apple patent covering photography functions.

Reuters

Indian telcos tell regulator to keep out of VAS dealings

Bharti Airtel, Vodafone Essar, Reliance Communications and BSNL have asked regulator Trai to stay out of the firms’ dealings with companies that offer value-added services.

Economic Times

Australia NBN CFO retires

NBN Co is restructuring its management ranks with chief financial officer Jean-Pascal Beufret retiring and Mike Kaiser moving on from his government relations role.
Sydney Morning Herald

EU telcos prosper in Brazil

European telcos top the subscriber tables in Brazil, with Telefonica’s local cellco Vivo taking a 29.5% share of mobile subscribers in July, and Telecom Italia’s TIM unit 25.9% - enough to edge America Movil into third place.

Bloomberg

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