Webwire: Amazon chases China deal; iPhone floored by LBS

Amazon Kindles China deal
Amazon is negotiating with Chinese regulators to launch its Kindle e-reader and Fire tablet in the market.

LBS bug drains iPhone battery
A bug in Apple's location services software for iOS 5 is increasingly suspected of causing rapid battery drain in the firm’s iPhone 4S.
The Guardian 

Motorola Mobility cuts jobs
Motorola Mobility is laying off 800 employees, at a cost of around $31 million (€22.1 million), as it prepares for its $12.5 billion acquisition by Google.

Dutch trio’s fine cut
Vodafone, KPN and T-Mobile face a combined fine of €16.2 million for operating a cartel in the Netherlands in 2001 – far lower than an original €88 million fine.
Wall Street Journal 

Cablecom chief interested in Orange Switzerland
Eric Tveter, chief of triple play operator Cablecom, admits his firm is eyeing Orange Switzerland as a takeover target. France Telecom is tipped to raise up to €2 billion selling its Swiss and Austrian mobile units.