Facebook chief executive Mark Zuckerberg has dismissed rumors that the company is planning to develop its own smartphone, stating that the move “really wouldn’t make much sense.”
Alcatel-Lucent plans to cut 5,000 jobs after falling to a quarterly loss of €254 million in 2Q12, sending its stock price falling 6.1%.
Samsung has reported a record 6.72 trillion won (€4.8 billion) profit for the second quarter, thanks to strong handset sales. The company's mobile business now accounts for around 60% of total earnings.
Twitter has blamed a “double whammy” of data center failures for a recent two-hour service disruption – its second major outage in a month.
Chinese authorities have arrested 10,000 people suspected of cybercrime, in a crackdown on pornography, fraudulent messages and the illegal sale of personal information.
Google has revealed it will launch 1-Gbps symmetrical Google Fiber services in Kansas City in the US this Autumn, offering unlimited internet access for $70 (€57) a month, or $120 when bundled with cable TV.