Webwire: Qualcomm grows Q2 profit; iPhone stores location data

Dylan Bushell-Embling
telecomasia.net
Qualcomm grew its quarterly profit 29% to $999 million, on record revenue of $3.88 billion, and raised its earnings forecast for the current financial year.
 
Two security researchers have found a file in Apple's iOS 4 that stores location information on everywhere a user has traveled, although the data doesn't seem to be sent to Apple itself.
 
Thailand's CAT has allocated 1.2 billion baht ($40.1 million) toward expansion, with 700 million set to go towards new Wi-Fi hotspots and the balance to cloud computing.
 
The UAE's Etisalat has reported an 8.5% slump in Q1 profit to 8 billion dirhams ($2.18 billion), in a result analysts attribute to declining subscriber numbers.
 
UK operators BT and TalkTalk have failed in a legal bid to block parts of an antipiracy bill that will put the onus on them to send out warning letters to infringing users, and may later require the companies to disconnect repeated offenders.
 
India's DoT has received replies for the 119 show cause notices it sent to various operators last year for failing to meet the eligibility criteria for their licenses, and will now make a decision in the next few weeks.
 
Apple has started to reject from the app store applications that offer users virtual currency as an incentive for downloading and installing other apps, perhaps because it doesn't get a cut of incentive transactions.
 
Russian prime minister Vladimir Putin has no plans to restrict the internet in the lead-up to the 2012 elections, despite the concerns held by the nation's security services.

 

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