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