Telecoms
UPDATE 2-EU seen approving Google's Motorola deal-sources
BRUSSELS, Feb 10 (Reuters) - Google Inc is expected to win approval next week from European regulators, as well as from U.S. antitrust authorities, for its planned $12.5 billion purchase of Motorola Mobility, according to people familiar with the matter.
Categories: Telecoms
C&WC outlook clouded by Panama problems
Shares tumble 16% after the telecoms group cut its full-year earnings forecast following contract delays and intensified competition
Categories: Telecoms
Bango jumps 40% on Facebook deal
Excited investors drove up the share price of the UK mobile payments company on Wednesday after it announced a deal with the social networking group
Categories: Telecoms
LinkedIn jumps on surge in paying users
Categories: Telecoms
Nuance shares slide after 1st-quarter slip
Feb 10 (Reuters) - Shares of Nuance Communications Inc fell 14 percent on Friday, after the speech-recognition software maker's first-quarter results missed estimates for the first time in a year.
Categories: Telecoms
EU seen approving Google's Motorola deal -sources
BRUSSELS, Feb 10 (Reuters) - Google Inc is expected to win approval next week from European regulators as well as U.S. antitrust authorities for its planned $12.5 billion purchase of Motorola Mobility, according to people familiar with the matter.
Categories: Telecoms
Facebook steps up challenge to App Store
Deal struck with Bango could open opportunities for the social networking group to expand in-app payments through mobile operators
Categories: Telecoms
LinkedIn shares jump on 1st-qtr outlook
Feb 10 (Reuters) - Shares of LinkedIn Corp jumped on Friday after the professional networking services company reported upbeat outlook for the first quarter and at least three brokerages raised their price targets on the stock.
Categories: Telecoms
First Solar's federal loan guarantee in trouble again
Feb 10 (Reuters) - First Solar Inc said the U.S. Department of Energy is yet to release funds under a loan program of up to $646 million for the Antelope Valley Solar Ranch One project over a construction permit issue.
Categories: Telecoms
India's Reliance Comm net debt at $6.9 bln as at end-Dec
NEW DELHI, Feb 10 (Reuters) - India's Reliance Communications said its net debt as at end-December rose to $6.9 billion from $6.5 billion at end-September.
Categories: Telecoms
Panama troubles weigh on Cable & Wireless Communications
Huawei says smartphone shipments up five-fold in 2011
HONG KONG, Feb 10 (Reuters) - Huawei Technologies Co Ltd, the world's No.2 telecommunications equipment maker, said on Friday that it shipped 20 million smartphones globally in 2011, a fivefold increase, as it takes on the likes of Apple Inc and Samsung Electronics Co Ltd .
Categories: Telecoms
Alcatel-Lucent dispels free cash flow fears
Respite for telecoms equipment maker despite fall in operating profits in fourth quarter on slowing demand among large telecoms customers in US
Categories: Telecoms
América Móvil profits fall on higher debt costs
Latin America’s largest telecoms company reported a 36% fall in fourth-quarter profits caused by adverse foreign exchange-rate movements
Categories: Telecoms
UPDATE 1-Alibaba Group plans to take Hong Kong unit private - sources
HONG KONG, Feb 10 (Reuters) - Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed unit, Alibaba.com, private, two sources familiar with the matter told Reuters.
Categories: Telecoms
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more