Webwire: Copper thefts break records; GLONASS gets new bird
Record levels of copper cable theft in the UK make the problem the second largest risk to national security after terrorism, police claim.
Glonass-K – the first in a new generation of satellites for the GLONASS navigation system – is up and running, following a launch on a Soyuz rocket from Russia.
Silvio Scaglia, founder of Italy's Fastweb, has been freed while a trial over an alleged €2 billion money laundering scheme is conducted. Scaglia has spent the past year in jail or under house arrest.
Google is now the only major Web browser firm not to back a ‘do not track’ feature, after Microsoft gave the concept the thumbs up. Rival Mozilla already plans to offer the feature on future versions of Firefox.
Business-centric social networking site LinkedIn is back up in China, after being taken down for a day following one user’s call for a “Jasmine Revolution” in the country, like those seen recently in Egypt and Tunisia.
Groupon, the daily deals website eyed by Google late last year, hopes to push revenues into the billions in 2011, after growing the figure from $33 million (€23.8 million) in 2009 to $760 million in 2010.
Future Fund, the Australian government’s investment fund, has accelerated the sell-off of its shares in Telstra, divesting another A$350 million (€257 million) worth of stock this month.
Korean regulator KCC has rejected a petition by Korea Mobile Internet to procure a fourth mobile license and wireless broadband spectrum, alleging a shortage of business strategies and funding capabilities.
SK Telecom has entered China's system-on-a-chip market, allocating 19 billion won (€12.1 million) to set up a joint venture with fabless semiconductor manufacturer MtekVision.