Google to get $750M stake in Lenovo; Apple reportedly poised to make 200M iPhones with 5-inch screens

Quick news from around the Web.

> Google will own a $750 million stake in Lenovo after Lenovo completes the purchase of Google's Motorola. Article

> Apple's stock popped after the iPhone vendor announced a $14 billion stock repurchase plan. Article

> Apple reportedly purchased enough Sapphire Crystal furnaces to make as many as 200 million 5-inch iPhone displays. Article

> M2M company Sierra Wireless reported a quarterly loss. Article

> Verizon Wireless is now selling the Incipio Cashwrap case that allows iPhone users to make Isis mobile payments. Article

> Sony is forecasting a $1.1 billion annual loss. Article

> A judge ruled that U.S. Cellular illegally released 50,000 text messages in a divorce case. Article

Telecom News

> Brazil regional service provider Sercomtel continues to see copper cable theft incidents rising in its service areas, reporting that thieves stole 1,724 meters of telephone cables in January alone. Article

> USConnnect Holdings, a rural telco cooperative, purchased six additional independent providers, bringing its total to seven local exchange carriers and their affiliates with operations in five states. Article

Cable News

> Wave Broadband has launched a 110 Mbps high-speed Internet service, and the Kirkland, Wash.-based company is also running a promotion for a $9.95 monthly 5 Mbps tier. Article

European Wireless News

> Vodafone is charting a steady course amid European turbulence. Article

> Alcatel-Lucent confirmed it is negotiating the sale of its enterprise business as it seeks to maintain progress in a streamlining program that saw the company deliver its first quarterly profit in two years in the final three months of 2013. Article

And finally… Google joined AT&T in a protest against Russia's anti-LGBT legislation. Article

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