ZTE predicts profit drop amid Iran probe
Chinese vendor ZTE has revealed it expects its first half profit to decline by 60% to 80%. Its prediction coincides with reports indicating that the US FBI is probing the company over allegations that it sold banned communications monitoring equipment to Iran.
Apple backtracks on EPEAT withdrawal
Apple has rejoined the Electronic Product Environmental Assessment Tool (EPEAT) assessment program weeks after withdrawing. The about-face follows reports that a number of US agencies were considering no longer procuring products from the company.
RIM found liable for $147m in damages
A US jury has found RIM liable for $147.2 million in damages, after deciding that the company did violate remote management patents held by Mformation Technologies since 1999.
Apple investigates in-app payment exploit
Apple is investigating reports that a Russian hacker has discovered a way to make in-app purchases on iOS devices without paying.
DoCoMo buys 20% of Baidu ahead of JV launch
Japan's NTT DoCoMo has bought 20% in Chinese search engine Baidu for 1.78 billion yen ($22.5 million), as the companies prepare to launch a digital content joint venture under the Baidu Yin name.
China Mobile develops 3G NFC handsets
China Mobile has developed the first TD-SCDMA handset with NFC capabilities, as part of efforts to expand its mobile payment operations.
Hackers post stolen Yahoo passwords online
Hackers have breached Yahoo's systems and stolen as many as 400,000 usernames and passwords. Security firm TrustSec said hacking group D33D has claimed responsibility, and posted many of the details online.
Digicel loses challenge to new Jamaican MTRs
Caribbean telecom operator Digicel has failed in a legal bid to prevent rival Cable & Wireless Communications from dropping the mobile termination rates offered by Jamaican unit Lime.