Former France Telecom chairman Didier Lombard has been forced to quit his role as a special adviser to the firm, after outcry over his €500,000 paycheck.
Ericsson is targeting $1 billion (€721 million) in additional revenues from its Indian business in the next two years via managed services contracts in Latin America.
LG Electronics has won a ten day ban on imports of Sony’s PlayStation 3 into Europe as part of a patent suit covering Blu-Ray disc playback.
Telefonica added fewer domestic broadband subscribers than rival Jazztel for the first time in 2010. The incumbent added 246,000 users during the year compared to Jazztel’s 267,800.
Sources say Yahoo is eager to divest its 35% stake in its Yahoo Softbank joint venture, however Japanese carrier Softbank is unwilling to purchase the share. The JV has a market value of over $7.5 billion (€5.4 million).
Fake adverts placed by cyber criminals on nine popular UK websites could have affected many thousands of web users, though the figure could have been higher if the attack happened on a weekday.
A US security firm claims Google has pulled 50 apps from Android Market after finding they were infected with spyware named DroidDream, which can circumvent Android’s security sandbox.
Apple has dropped the price of first generation iPads by $100 (€72), after unveiling the iPad 2 in the US yesterday. The new device, which is thinner and faster than the original, is due to hit Europe on March 25.