Nokia plans to sell off luxury mobile phone division Vertu, according to sources, and has appointed Goldman Sachs to oversee the sale.
RIM has been forced to change the name of its new OS from BBX to BlackBerry 10, after a court upheld a trademark violation complaint by mobile software vendor Basis.
Niklas Savander, Nokia’s executive vice president of markets, says the firm is on track to launch its first Microsoft-powered smartphones in China in 1H12, despite facing technical hurdles.
The chairman of the US Federal Trade Commission has warned that Icann's plans to start accepting applications for a far wider range of web suffixes, including brand and company names, “could be very harmful” and end in “disaster.”
Research firm Strategy Analytics has forecast that there will be one billion HTML5-capable phones sold in 2013, up from 336 million this year.
Australian ISP TPG Telecom has maintained its forecast of an ebitda of between A$250 million ($257 million) and A$260 million for the financial year ending in June 2012.
Samsung has promoted the head of its memory chip business to vice chairman, in recognition for his work keeping the unit profitable during the current DRAM price slump.
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