Scott Thompson resigns as Yahoo CEO
Yahoo CEO Scott Thompson has resigned amid the controversy surrounding his credentials. Global media head Ross Levinsohn will take over as interim CEO while a replacement is sourced.
Apple stops advertising iPad as 4G
Apple has stripped the wording advertising the cellular version of the new iPad as “Wi-Fi + 4G” in its US, UK, Australian and some other countries' websites, in response to probes over Apple's advertising in light of the device's incompatibility with UK and Australian 4G networks.
Telkom denies submitting bid for Pacnet
Indonesia's PT Telkom has denied reports that the company has submitted a concrete bid for Pacnet, stating that management is still evaluating the merits of the deal.
Softbank unveils floating cell site network
Japan's Softbank has developed an emergency call relay network that can be suspended from floating balloons, which could be relied on in the event of tower disruption from earthquakes or other natural disasters.
Norway trade minister backs Telenor in India
Norway's trade and industry minister Trond Giske has warned that if Telenor loses its substantial investment in Indian venture Uninor as a result of the cancellation of its 2G licenses, it would be the biggest ever loss of a Norwegian foreign investment anywhere in the world.
Facebook co-founder renounces US citizenship
Facebook co-founder Eduardo Saverin has renounced his US citizenship for a Singapore residency in the lead-up to the site's multi-billion dollar IPO. But a spokesperson for Saverin denies the widespread assumption that he made the move to avoid higher capital gains taxes on his shares.
Raja bail plea to be decided this week
An Indian court will decide this week whether to grant bail to former telecom minister Andimuthu Raja, while the trial over his alleged involvement in India's 2G scandal is heard.
NTT, DoCoMo getting new presidents
Japan's NTT and subsidiary NTT DoCoMo will each appoint new presidents in June. Hiroo Unoura will replace Satoshi Miura as NTT president, while Kaoru Kato will take over from Ryuji Yamada as president of DoCoMo.
Iran's anti-filter fatwa blocked by filter
A fatwa issued by Iranian ayatollah Ali Khamenei outlawing the use of tools to circumvent the nation's internet filter has inadvertently been blocked by said filter.