Moody's cuts ratings on Ericsson; HTC reportedly prepping One Mini 2

Quick news from around the Web.

> Moody's Investors Service cut its rating on Ericsson's debt on concerns about the company's ability to be profitable. Article

> HTC has begun outsourcing some of its smartphone manufacturing efforts in order to target emerging markets. Article

> BlackBerry announced it will sell its real estate holdings in Canada in a $278 million deal. Release

> China's top wireless carriers plan to begin publishing their own mobile games. Article

> HTC appears to be preparing to launch the One Mini 2. Article

> New York City officials are evaluating a plan to turn payphones into Wi-Fi hotspots. Article

> According to a new report, Apple's iOS 7 operating system does not encrypt email attachments. Article

> Sprint and Virgin Mobile will sell the waterproof Kyocera Hydro Vibe Android smartphone. Release

Wireless Tech News

> AT&T Labs won gold in the 2014 Edison Awards' research and business optimization category for its nanocube, which provides visualization technology to help users interpret massive datasets in real time. Article

> Qualcomm is working with the U.S. Department of Commerce and others on a proposed 3GPP study to explore ways to improve indoor location accuracy through the use of beacon technology. Article

Telecom News

> Frontier is giving small to medium businesses (SMB) a new weapon to target the growing cyber threats being created as more employees use their own devices to access key applications and information from their networks. Article

> tw telecom has expanded its existing fiber network in Nashville, Tenn., a move that extends its network from the city's central business district to the west side of the Nashville International Airport. Article

Cable News

> The House Judiciary Committee has stacked its May 8 hearing list with potential opponents to Comcast's $45.2 billion Time Warner Cable acquisition. Article

> Evolving Wi-Fi standards will converge with growing demand for devices that can receive wireless signals from multiple sites and lead to 18 billion Wi-Fi chipset shipments during the next five years, according to ABI Research. Article

European Wireless News

> Nokia gave further details on its post-device strategy by revealing it is establishing a $100 million (€72 million) investment fund for companies developing connected car technology. Article

> Vodafone Germany has launched products that combine cable connectivity with its existing DSL plans, marking the first time that the operator has jointly sold services from the recently acquired Kabel Deutschland. Article

And finally… Target's CEO has resigned in the wake of the data breach that leaked information on the company's customers. Article