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Billionaire Carlos Slim to buy U.S. mobile phone company Start Wireless Group
Mexican phone giant America Movil, owned by billionaire Carlos Slim, announced Monday that its US unit reached a deal to acquire US mobile phone company Start Wireless Group. The price of the transaction was not revealed but a statement said Tracfone Wireless will acquire the assets of Start Wireless, an…
Finnish startup launches smartphone to rival their former company Nokia
A group of ex-Nokia employees who quit over the company’s decision to abandon the planned MeeGo operating system in favour of Windows presented their own smartphone on Monday, hoping to rival the sector’s giants. The Jolla smartphone, which is entirely intuitive and has no buttons, is “a strong candidate” on…
Yahoo prepares to buy Tumblr for up to $1.1 billion
Marissa Mayer, the former Googler who is now chief executive of Yahoo, is poised to create yet another nothing-to-riches tale in the web industry with a rumoured $1.1bn (£720m) acquisition of the blogging site Tumblr. Mayer called Yahoo’s board together on Sunday afternoon to discuss the company’s latest attempt to regain the glamour it…
Internet in ‘coma’ as Iran election looms
Iran is tightening control of the Internet ahead of next month’s presidential election, mindful of violent street protests that social networkers inspired last time around over claims of fraud, users and experts say. The authorities deny such claims, but have not explained exactly why service has become slower. Businesses, banks…
Google’s Eric Schmidt denies company avoided British taxes
Google’s executive chairman Eric Schmidt on Sunday defended the US Internet giant’s tax arrangements after claims it has unethically dodged paying vast amounts of British tax. Writing in Britain’s Observer newspaper, Schmidt insisted that Google “has always aspired to do the right thing” and that the company pays “significant” amounts…
Facebook exec and ‘Lean In’ author Sheryl Sandberg says it’s OK for women to cry at work
Facebook chief operating officer Sheryl Sandberg said in an interview published Saturday says it’s ok for women to cry at work, share emotions and be honest about their femininity. Sandberg shot to global fame after her the publication of her best-selling book “Lean In: Women, Work and the Will to…
Three new factory suicides at Apple supplier Foxconn
Three Foxconn workers have committed suicide at a factory in China in the past three weeks, a labour rights group said on Saturday. All three jumped to their deaths at a plant in the central city of Zhengzhou run by the Taiwanese electronics giant. A 30-year-old married man killed himself…
Congressional caucus raises Google Glass privacy concerns
A group of US lawmakers has asked Google to answer questions on the privacy implications and possible “misuse of information” of its Google Glass project. Eight lawmakers in the Congressional Privacy Caucus sent a letter Thursday saying they are “curious whether this new technology could infringe on the privacy of…
Apple and U.S. lawmakers in showdown over taxes and huge offshore cash stockpiling
Apple and US lawmakers are gearing up for a showdown over taxes — specifically how to deal with the huge stockpile of cash held by Apple and other multinational firms offshore. A Senate panel has called Apple chief executive Tim Cook and others from the California tech giant to testify…
New report outlines U.S. military’s solar-powered might
If you have any doubts about solar power’s place in the U.S. energy landscape, check out the new report from the Solar energy Industries Association (SEIA). Titled “Enlisting the Sun: Powering the U.S. Military with Solar Energy,” the report details solar power systems at Army, Navy, and Air… …
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