Samsung Group chairman Lee Kun-hee is expected to reshuffle the group's high- and mid-ranking executives, and has already dispatched audit teams to root out corruption across the company, after discovering cases of alleged embezzlement and bribery at some subsidiaries.
Oracle is seeking an up to 50% cut of Android search ad revenue through a patent lawsuit alleging infringement of Java patents. Oracle is also asking for compensation for Java “fragmentation.”
German cable operator KDG's net loss widened to €45.3 million for the year ending in March on debt refinancing costs, but said the refinancing will allow it to pay a dividend to shareholders.
US operator Sprint has unveiled plans to launch 10 Motorola devices in 2011, including a 4G Android handset, the 1-GHz Photon 4G.
EMC is considering spending up to $3 billion in M&As this year in a bid to acquire tools for the management and analysis of large amounts of data, according to COO Pat Gelsinger.
National Semiconductor reported a 15% decline in fourth quarter profit to $67.1 million, on 6% lower revenue of $374.1 million, two months after agreeing to sell itself to rival Texas Instruments for $6.5 billion.
Apple has dropped some of its controversial restrictions on media apps providing purchase options outside of the iTunes ecosystem, including striking a requirement for publishers to make content available in-app (with Apple taking a 30% cut) at the same price or less as it is available elsewhere.
The Albanian government is inviting bids for a second 3G license, following the sale of a license last year to Vodafone Albania for around €30 million ($43.5 million).
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