The value of US technology IPOs in the fourth quarter has more than doubled year-on-year to $727.1 million by mid-December, as the number of offerings grew from three in 4Q09 to six this year, figures from PwC reveal.
UK regulator Ofcom has fined telco Continental Telecom £50,000 (€58,821) for mis-selling landline services – the maximum penalty it can impose.
Jailed Wikileaks founder Julian Assange begged a UK judge not to reveal the address to which he will be bailed if freed today. The whistle-blower claimed releasing the address of the ten-bedroom mansion would breach his right to privacy, The Sun reported.
Time Magazine has named Facebook founder Mark Zuckerberg its person of the year for changing how we live.
Telecom Italia CEO Franco Bernabè has been elected chairman of the GSM Association for two years from January 2011. Telenor chief Jon Fredrik Baksaas is the new deputy chairman.
India’s supreme court has demanded a slice of the 25 billion rupee (€416 million) interim tax payment it has ordered Vodafone to pay in an ongoing tax dispute.