Webwire: Yahoo may exit Softbank JV; Nokia plans Vietnam plant

Dylan Bushell-Embling
03 Mar 2011

Yahoo may sell out of Softbank JV

Sources say Yahoo is eager to divest its 35% stake in its JV with Japanese carrier Softbank, but Softbank is insistent that it does not want to be the buyer. Yahoo Softbank has a market value of over $7.5 billion.


Nokia to build $277m Vietnam plant

Nokia will open a €200 million ($277.3 million) manufacturing facility in Vietnam,. The site, scheduled to open in 2012, will produce feature phones for emerging markets.


India has fined tardy telcos $67m

The Indian government has so far collected over 3 billion rupees ($66.8 million) in penalties from service providers which have failed to roll out networks within the promised timeframe.

Economic TImes

Google pulls malware-infected apps

Google has pulled over 50 apps from the Android Market after they were found to have been infected with spyware known as DroidDream, which in some cases can circumvent Android's security sandbox.

Venture Beat

Skype teams with Citrix for conferencing

Skype has revealed it will partner with Citrix to launch a conference call service that combines videoconferencing with document collaboration using Citrix' GoToMeeting capability.


Lombard ousted from France Telecom

Former France Telecom chairman Didier Lombard, who resigned last year in the wake of the company's suicide crisis, has been forced to leave his job as a special adviser to the firm after outcry over his €500,000 ($693,000) paycheck.

Financial Times

PS3 banned from Europe

LG Electronics has won a ten day ban on imports of Sony’s PlayStation 3 into Europe as part of a patent suit covering Blu-Ray disc playback.


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