Qualcomm grew its quarterly profit 29% to $999 million (€683 million) in calendar 1Q – the firm’s fiscal 2Q11 -, on record revenue of $3.88 billion, and raised its earnings forecast for the current financial year.
Privacy advocates claim a secret file in Apple’s iOS 4 that stores user’s location and time details, creates a real threat of privacy breaches, particularly if the phone is lost or stolen.
Thailand's CAT has allocated 1.2 billion baht (€27.4 million) toward revenue expansion in 2011, with 700 million baht for new Wi-Fi hotspots and the balance on cloud computing.
Analysts claim an 8.5% fall in UAE operator Etisalat’s 1Q profit to 8 billion dirhams (€1.4 billion) is mostly due to declining subscriber numbers.
UK operators BT and TalkTalk have failed in a legal bid to block parts of an antipiracy bill that paves the way for illegal file sharers to be cut off from the Web. The pair claim the Digital Economy Act breaches EU directives covering telecoms, privacy and e-commerce.
Apple has started to reject applications that offer users virtual currency as an incentive for downloading and installing other apps.
Russian prime minister Vladimir Putin has no plans to restrict the internet in the lead-up to the 2012 elections, despite security service concerns over the Web’s role in recent Middle East uprisings.