Webwire: HTC Q4 outlook disappoints; Yahoo said to reject sale

Staff writer
01 Nov 2011
00:00
News
Daily News

HTC Q4 sales forecast disappoints

HTC has provided a weaker than expected smartphone sales forecast for the crucial Q4 period, and analysts believe the vendor is in for tougher competition due to Apple's iPhone 4S.

Technology Spectator

Yahoo shares fall on sale rejection rumors

Shares in Yahoo fell 5.6% yesterday on reports the company is likely to eschew a sale to a consortium of buyers in favor of selling its Asian assets and distributing the proceeds to shareholders.

Bloomberg

BT speeds up fiber rollout plans

BT is ramping up its high-speed fiber rollout plans, and now intends to pass two thirds of UK premises with a network capable of 70Mbps to 100Mbps speeds by 2014.

BBC News

NZ ISP receives first piracy notices

New Zealand ISP Orcon has received the first six piracy notices under New Zealand's new “three strikes” style antipiracy law, which has been criticized for putting the onus on service providers to police their users.

New Zealand Herald

Bail opposed for India 2G scandal suspects

India's Central Bureau of Investigation will oppose bail for five telecom executives accused of conspiring in the 2008 2G spectrum allocation scandal.

Economic Times

ST-Micro Q3 profit falls 64%

ST-Microelectronics has reported a 64.1% decrease in Q3 profit to $71 million, and disappointed analysts with its Q4 outlook. Joint venture ST-Ericsson's loss also widened to $211 million.

Bloomberg

Digicel stays quiet on Eircom buyout buzz

Jamaica's Digicel has neither confirmed or denied speculation the company may bid to acquire debt-laden Irish operator Eircom.

Independent

Anonymous takes on drug cartel

Members of hacker collective Anonymous have threatened to expose allies of Mexican drug cartel Zetas if the gang does not release a kidnapped internet activist.

Sydney Morning Herald

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