Franco Bernabe quits as chairman of GSMA; Alcatel-Lucent CEO issues dire warning

> Former Telecom Italia CEO Franco Bernabe has resigned as chairman of the GSM Association. Release

> Alcatel-Lucent CEO warned that the recently announced job cuts are essential to keep the struggling vendor afloat. Article

> The Delaware Supreme Court swept aside a lower court order on Thursday that had halted Activision Blizzard's $8.2 billion deal to buy back its stock from France's Vivendi. Article

> The CEO of Telecom Italia-owned Tim Participaçoes SA says the Brazilian company is not up for sale. Article

> Vodafone has finally completed the acquisition of Kabel Deutschland, and said it now holds 76.57 per cent of the Germany cable company's share capital. Release

And finally…"Underwater Wi-Fi" could help detect tsunamis. Article