News In Brief: HP, LG, Ucell, Orange, NVCA

HP has tapped former White House tech advisor Larry Irving to serve as VP of global government affairs and lead the company's public policy efforts around the world. Irving served as Assistant Secretary of Commerce for Communications and Information in the Clinton administration and part of the President Obama transition team.

Handset-maker LG has followed Nokia and Samsung into the app store business, launching its online store in Singapore and Australia .The opening of the beta version Monday coincides with the launch of LG’s new GM730 handset, its first globally-available smartphone, a spokesperson told telecomasia.net.
 
ZTE will install a GSM/UMTS network for Uzbekistani operator Ucell, a member of the TeliaSonera group.
 
Orange Business Serviceshas won a five-year global networking contract worth up to €100 million with French oil company Total.
 
The US venture capital market has hit a 13 year low in the second quarter raising Euro 1.2 billion. The sum was raised across 25 venture capital funds, according to new figures released by Thomson Reuters and the National Venture Capital Association (NVCA).

 

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