Webwire: Yahoo names Google exec CEO; M1 Q2 profit falls 18%

Staff writer
17 Jul 2012
00:00

Yahoo names Marissa Mayer CEO

Yahoo has hired long-serving Google executive Marissa Mayer as its new CEO, bucking expectations that it will hand interim CEO Ross Levinsohn the job.

Reuters

M1 Q2 profit falls 17.7%

Singapore's M1 has reported a 17.7% decline in second quarter profit to S$35.2 million ($27.8 million), blaming higher handset subsidies but lower handset sales.

TODAYOnline

KT, Telkom SA slam bribery claims

South Korea's KT and South Africa's Telkom have strongly denied reports claiming that Telkom officials demanded kickbacks during talks over a now-cancelled proposal for the former to buy a 20% stake in the latter. Both rubbished the bribery allegations as unfounded.

BusinessTech

Telcos said to stockpile nano-SIMs for iPhone 5

A report claims European carriers have started building up stocks of nano-SIMs in anticipation of the launch of the iPhone 5 – which is expected to use the standard - later in 2012.

The Verge

MS leaves NBC tie-up for own news portal

Microsoft has pulled out of its partnership with US-based NBC News, and plans to launch its own online news service later this year. NBC majority-owner Comcast will buy out Microsoft's stake in MSNBC.com, which will be renamed NBCNews.com.

Agence France-Presse

EU regulator would rather settle Google probe

EU competition commissioner Joaquin Almunia has revealed he would rather settle an antitrust investigation into Google's search practices, instead of pursuing a protracted enforcement action.

Bloomberg

Telstra debuts tablet/handset video call combo

Australian operator Telstra has launched a product combining a handset and Android tablet, designed to eventually enable video calling over the National Broadband Network (NBN).

The Australian

UK Pirate Bay ban fails to dint piracy rates

Peer to peer traffic in the UK returned to just below normal a mere week after a court order for ISPs to block access to file-sharing website the Pirate Bay took effect, data provided by an ISP indicates.

BBC News

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