Webwire: Telefonica layoffs to cost $3.8b; SLT hands LTE deal to ZTE

Staff writer
18 Jul 2011
00:00
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Daily News

Telefonica job cuts to cost $3.8b

Telefonica's plan to lay off 20% of its Spanish workforce – or around 6,500 employees – will cost it an estimated €2.7 billion ($3.82 billion).

AFP

SLT draws criticism with ZTE LTE deal

Sri Lanka Telecom and subsidiary Mobitel have contracted ZTE to deploy an LTE network, but because the vendor was not the lowest bidder in the Mobitel auction, the tender has been criticized by trade unions.

Sunday Times

Baidu's China search dominance under fire

Baidu captured over three quarters of China's 4.3 billion yuan ($665.5 million) search market in Q2, but faces growing challenges to its dominance from the web properties of rivals Alibaba and Sina.

Reuters

Wall Street Journal

MTN to trial LTE, flags rollout by 2014

South Africa's MTN will trial a 100-site LTE network, in co-operation with Huawei and Ericsson, with an eye toward a commercial roll-out in two to three years.

Business Report

Oracle seeks deposition of Google CEO

Google said a request for the deposition of CEO Larry Page in the lawsuit over Android's alleged infringement of Oracle patents represents a “harassing demand,” and will fight the motion.

Bloomberg

HTC held to violate two Apple patents, will appeal

HTC has revealed that the US ITC found it violated two of the ten patents for which Apple had been claiming infringement, but that it believes it has a strong case for appeal.

Forbes

MS buys microsoft-sony.com

Microsoft's purchase of domain names microsoft-sony.com and sony-microsoft.com has ignited speculation, with theories ranging from Sony Ericsson planning to launch a WP7 phone, to far more unlikely scenarios like Sony and Microsoft teaming up in the game consoles sector.

Techspot

Jailbreak-plugging iOS patch jailbroken

Apple released an iOS update to plug a security hole that had been used in certain jailbreak hacks, but the update was itself jailbroken days after its release.

Digital Trends

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