Webwire: Samsung corruption crackdown; Oracle wants 50% of Android revenue

Dylan Bushell-Embling
10 Jun 2011
00:00
News
Daily News

Samsung chair to tackle corruption

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.

Korea Times

The Dong-a Ilbo

Oracle wants 50% cut of Android revenue

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.”

Bnet

KDG loss widens on refinancing costs

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.

Financial News

Sprint, Motorola unveil 4G phone

US operator Sprint has unveiled plans to launch 10 Motorola devices in 2011, including a 4G Android handset, the 1-GHz Photon 4G.

All Things Digital

Bloomberg

EMC mulls $3b in “big data” acquisitions

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.

Bloomberg

NatSemi Q4 profit shrinks 15%

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.

Associated Press

Apple yields on some media app rules

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.

Dow Jones

Albania opens bidding for second 3G license

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).

Balkans Business News

Related content

Comments
No Comments Yet! Be the first to share what you think!