Russia's VimpelCom grew its Q1 profit to a forecast-beating $589.7 million – up 55% year-on-year, despite increased competition at home from main competitors MegaFon and MTS.
HP has sold its video conferencing business to Polycom for $89 million, and has agreed to resell Polycom products, in a step towards the company's new focus on software and cloud services.
Online video giant Netflix, which operates in the US and Canada, will open in another country this year. Its CEO has hinted that it considers Asia important to plans to expand overseas.
Microsoft has given the first sneak peek of the next version of Windows. The in-development OS is being designed to work on both desktops and touchscreen devices such as tablets. But three sources claim the company will ask chipmakers wanting to use it to only work with one manufacturer on the devices.
Nokia has moved to quell persistent whispers that Microsoft may try to buy out its devices business, after Nokia's share price slump re-energized the rumor mill.
BT and ZTE have launched a new R&D joint venture concentrating on next-generation fixed and wireless technologies.
Ireland's Imagine Networks and Motorola have appeared in court over an €107 million ($153 million) lawsuit in which the operator has accused the vendor of missing its contractual Wimax obligations.
Google believes a phishing scam targeted at stealing the passwords of certain Gmail users - including US and Asian government officials and journalists - originated out of China.