Webwire: Motorola Solutions to invest in Malaysia; VZW sues FCC

Dylan Bushell-Embling
19/05/2011
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Daily News

Motorola Solutions to grow Malaysian presence

Motorola Solutions will expand its manufacturing capacity in Malaysia, and also invest in establishing technical response centers. Motorola has spent around 4 billion ringgit ($1.32 billion) in the nation so far.

Reuters

Verizon Wireless takes FCC to court

US operator Verizon Wireless is suing the FCC in a play to prevent the regulator from introducing requirements for mobile broadband operators to negotiate “commercially reasonable” data roaming deals with other providers. Verizon argues FCC overstepped its bounds with the order.

Ars Technica

Yahoo to beef up R&D presence in China

Yahoo intends to expand its R&D operations in China, despite its public dispute with Alibaba this month over the spin-off of an Alibaba subsidiary.

Social Barrel

Baidu sued in US over Chinese censorship

China's Baidu is being sued in the US by eight Chinese writers residing in New York, over accusations the search firm collaborated with the government to censor the plaintiffs' coverage of pro-democracy events.

Bloomberg

LinkedIn raises IPO target price

Business focused social network LinkedIn has raised expectations of a buoyant IPO on Thursday by upping its target per-share price range by $10 to between $42 and $45. The flotation is scheduled to take place Thursday.

Wall Street Journal

Fuel for telecom towers costs Indian govt $577m

The Indian government is spending 26 billion rupees ($577.02 million) annually on subsidies for the diesel used to power telecom towers, and the amount of diesel needed for this purpose will if left unchecked reach 3 billion liters by 2012, according to Greenpeace.

Economic Times

Private equity firm eyes Germany's Versatel

Private equity company Kohlberg Kravis Roberts and Co (KKR) has entered exclusive negotiations to acquire German fixed-line operator Versatel, sources say. As of earlier this week, Versatel had a market cap of nearly €300 million ($426.75 million).

MarketWatch

Intel to debut over 10 tablets at Computex

Intel plans to unveil more than 10 tablet computers using its chips at Taiwanese trade show Computex, which opens on May 31.

Engadget

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