Microsoft offloads display ad biz to AOL; Sony plans to raise $3.6B for components investment

Wireless news from across the Web.

"Microsoft could write off billions on Nokia deal as early as Wednesday Article via @computerworld"--@FierceWireless

> Sony plans to raise around $3.6 billion via new shares and bonds to invest in image sensors as it reinvents itself as a niche component maker. Reuters article

> AOL will take over management and sales of Microsoft's display, mobile and video advertising that appears on Xbox, Skype and other Microsoft products in the United States, Canada, Japan, Brazil and five European countries. AOL will use Microsoft's Bing search engine instead of Google as part of the 10-year deal. New York Times article

> Uber is buying part of Microsoft's Bing mapping unit and is acquiring around 100 Microsoft employees. Bloomberg article

> Privaris, a startup that specializes in fingerprint-scanning technology, has recently transferred 26 of its 31 patents to Apple. CNN article

> Interop Technologies said Union Wireless selected Interop's CorePlus VoWiFi solution to offer Wi-Fi calling service to subscribers throughout Wyoming, Colorado and Utah. Release

> Uber is telling prospective investors that it generates $470 million in operating losses on $415 million in revenue, according to a document provided to prospective investors. Bloomberg article

> The European Union agreed to a watered-down version of a telecom law that would scrap cell phone roaming costs starting in mid-2017. Wall Street Journal article (sub. req.)

> The EU's net neutrality measures will allow carriers to offer faster connections for "specialized services" including the streaming live TV as long as doing so does not hinder other users. Financial Times article

>  Orange and Israeli operator Partner Communications agreed on terms to end their licensing deal following a public argument in Israel, but Orange said it was still committed to Israel. Reuters article

> Facebook is opening a new business office in Johannesburg, South Africa, the company's first permanent office on the continent. Re/code article

Mobile Developer News

> Why developer Graham Bower's "manifesto" should simply become industry best practices. Editor's Corner

> Apple has instituted a policy change that will allow developers, for the first time, to restrict their apps to only run on devices with 64-bit processors. Article

Cable News

> Time Warner Inc. reportedly rebuffed an $80 billion takeover offer from Rupert Murdoch and 21st Century Fox last year, partly because it believed that AT&T and Verizon would soon emerge as aggressive buyers of its content. Article

> Offering shareholders a status update on its proposed $2.1 billion takeover of rival Pace, Arris revealed that the Justice Department has made a "second request" for information regarding the deal. Article

Telecom News

> Google Fiber has received a license from the Texas Public Utility Commission (PUC) to operate as an ISP in San Antonio's city limits where it would face off with AT&T, reports the San Antonio Current. Article

> FCC Commissioner Ajit Pai has proposed new revisions to the Universal Service Fund (USF) to give rural telcos a chance to take advantage of funds to deliver a broadband-only service. Article

And finally… The leap second: Why today will be exactly one second longer than usual. Article