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

Dylan Bushell-Embling
10 Jun 2011
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.”


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


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.


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

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