Webwire: Nokia sells Vertu; Samsung denies social network plans

Staff writer
telecomasia.net
As expected, Nokia has announced the sale of 90% luxury mobile phone unit Vertu to private equity group EQT. But the vendor has not disclosed the price.
 
Samsung has denied reports that it is planning its own Facebook-like social network, calling the rumors groundless.
 
A US judge has backtracked on a decision to refuse permission for Apple to request an injunction on sales of some Motorola Android smartphones, scheduling a hearing for next week to allow both parties to state their case.
 
The UK's National Audit Office has determined that the controversial settlements the tax office reached with major corporations including Vodafone were “reasonable,” despite complaints they unfairly benefited the companies.
 
Baidu will be sharing the search advertising revenue generated from Chinese iPhone users with Apple, as part of the deal to include its search engine in an iOS software update for the nation.
 
Reports claim licenses for Microsoft's ARM-compatible Windows RT OS will cost vendors $80 to $95 per tablet, which could prevent devices using the platform from effectively competing with the iPad on price.
 
India's Tata Communications will acquire a stake in Prizm Payment Services, in a bid to bolster its payment services businesses.
 
Australian online electronics retailer Kogan has implemented a 6.8% tax on all purchases made through the antiquated browser Internet Explorer 7, in a move aimed at convincing users to upgrade to a more modern browser.
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