Italy’s 4G license auction is tipped to generate €3.1 billion after Telecom Italia, Vodafone, Wind and 3 Italia offered initial bids totalling €2.3 billion - just €100 million shy of original estimates for the auction’s entire value.
Foxconn parent Hon Hai has blamed higher taxes for a 23% slump in the manufacturing giant's Q2 profit to NT$12.98 billion ($447.4 million).
HP will do another production run of its TouchPad tablet, citing the “stunning” demand at its fire-sale price point, and may resurrect the device if it proceeds with spinning off its PC division.
Researchers have made a light transmission breakthrough that could pave the way for the development of high-speed internet cables tens or even hundreds of times faster than the fastest available today.
Indonesia's PT Telkom plans to install thousands of Wi-Fi hotspots across the nation, though subsidiaries Telkomsel, Speedy and Flexi.
The developers of the popular Dolphin browser for Android have launched an iPhone version, using the native Safari renderer.
The founders of file sharing website The Pirate Bay have launched a one-click file hosting service, Bayfiles, which they claim will respect copyright.
US 4G startup LightSquared has been called up to testify before the US House Science, Space and Technology Committee about the potential interference impacts of its planned LTE network on federal science activities.
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