Webwire: Telenor disputes $400m tax bill; Samsung seeks more iPhone bans

Staff writer
18 Oct 2011
00:00

Telenor disputes $400m tax bill in Bangladesh

Norway's Telenor has refused to fork out the $400 million demanded in a tax bill from the Bangladeshi government, arising from a dispute covering subsidiary Grameenphone's revenue share on the sale of SIM cards.

Financial Times

Samsung sues to block iPhone 4S in AU, Japan

Samsung has filed for an injunction on sales of the iPhone 4S in Australia, and of the iPhone 4S, iPad 2 and iPhone 4 in Japan, due to alleged violation of wireless and UI patents.

Bloomberg

IBM boosts Q3 profit, misses revenue expectation

IBM grew its Q3 profit 7% to $3.59 billion, but posted revenue below expectations, sending the company's stock price down nearly 4% as investors worried about a slowdown in IT spend in the current economic climate.

Associated Press

Accused LulzSec member pleads not guilty

Cory Kretsinger, an accused member of hacking group LulzSec, pleaded not guilty to charges of intruding on Sony's PSN network and stealing information about thousands of customer accounts.

Reuters

Google kills Buzz in wake of Google+

Google has announced plans to shut down its Buzz microblogging service to concentrate on Facebook rival Google+.

The Inquirer

Too early to measure outage impact: RIM

It is too early to tell what impact the recent BlackBerry outage will have on RIM's earnings, or whether it will affect its customer figures, according to CEO Jim Balsillie. The company will offer $100 worth of free apps to affected users by way of compensation.

Wall Street Journal

Telecom NZ to pay $25m to stave off lawsuit

Telecom NZ has agreed to pay five rivals NZ$31.6 million ($25.1 million) as a settlement, to avoid legal action from regulators over a dispute over wholesale access charges to the operator's copper network.

New Zealand Herald

MTN may buy Vodafone's stake in Vodacom Congo

South Africa's MTN is in talks to buy Vodafone subsidiary Vodacom's 51% stake in wireless venture Vodacom Congo, sources say, in the midst of an ongoing dispute between Vodacom and partner Congolese Wireless Network.

Bloomberg

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