Google, Facebook in bidding war to buy Waze for $1 billion: report
Google and other parties approached Waze after the Facebook talks became public but none of the bidders are close to clinching a deal.

India’s Infosys profit up 27% but shares tumble
Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.

Microsoft wins its biggest cloud computing client
Microsoft announced its biggest-ever customer for cloud computing – software that it hosts on behalf of clients and delivers over the Internet – after winning a contract to provide free services to a major Indian education body.

Nokia warns of losses for first two quarters
Ailing mobile phone maker Nokia warned its phone business would post losses in the first two quarters this year, as it struggles to revamp its product line to compete with rivals Apple and Samsung.

‘Robo-guard’ on patrol in South Korean prison
Resistance is futile. Are robot guards the future of prison security?

Yahoo! CEO sketches out new plan to jump-start growth
Yahoo Inc Chief Executive Scott Thompson outlined how the Internet pioneer will revive itself by putting in place a new structure to sharpen its focus on users, advertisers and overlooked areas such as commerce.

Sharp seeks more partners for struggling LCD plant: source
Sharp Corp, Japan’s last major fabricator of liquid crystal displays for televisions, is seeking more partners to buy stakes in its main Sakai plant in a bid to spin off the LCD production subsidiary, a source familiar with the matter said.

AOL says to sell 800 patents to Microsoft for $1.0B
AOL announced plans to sell more than 800 patents to Microsoft in a $1.056 billion deal giving the struggling Internet pioneer a needed cash injection as it seeks to fend off pressure from shareholders.

US court wary of Apple request to block Samsung
A U.S. appeals court on Friday showed few signs that it was prepared to support a request by Apple Inc to block immediately the sale of some Samsung Electronics smartphones and tablets.

Two more execs leave BlackBerry maker in shake-up
A stream of executives have left RIM in the past year as its once-dominant market share has slipped amid fierce competition from Apple Inc and phones running on Google Inc’s Android.

Australian PM sheds light on controversial NBN
Details on National Broadband Network (NBN), Australia’s biggest infrastructure undertaking on Thursday are finally starting to emerge.
Int’l digital telecommunication meeting opens in Kyrgyzstan
Over 30 government representatives and experts from seven countries are gathered in the beautiful Issyk-Kul lake-side town Cholpon-Ata, discussing the future development of the terrestrial digital transmission standards and its industrialization.

Lenovo picks former Acer CEO Lanci to head Europe
Former Acer Chief Executive Gianfranco Lanci was appointed on Monday as chief of Lenovo’s operations in Europe, Middle East and Africa, and said he aims to break into the top three in the region by next year.
Dell buys ‘cloud’ computing company Wyse
Dell on Monday said it is buying Wyse Technology to expand its business offerings in the Internet “cloud” in the face of softening demand for traditional computing hardware.

Settlement talks fail in Google vs. Oracle patent case
A federal judge in the heart of Silicon Valley said Monday that Google and Oracle have failed to settle a patent dispute out of court and that the case will head to civil trial.

Foxconn chairman pledges to raise pay in China, invest in Hainan
Foxconn Technology Group will keep on increasing worker salaries in China and cutting the hours of work, Chairman Terry Gou said on Sunday, after it came under fire for poor working conditions for employees making Apple iPhones and iPads.

Cignal forges on with the most HD channels nationwide, launches original premium offerings
High-definition (HD) satellite TV provider, Cignal Digital TV, adds more oomph to local TV viewing with the launch of its own living magazine and sports channels, and the addition of new HD channels – making it the premiere pay TV provider with the most HD channels nationwide.
































