Clearwire, a US-based wireless broadband services provider, plans to raise up to $400m in an initial public offering on the Nasdaq exchange.
European acquisitions and customer growth in Latin America has helped Spain's Telefãnica to post a 40 per cent year-on-year increase in first-quarter net profits, to òá.27bn.
O2, the mobile phone business spun out of BT, is considering a move into the UK fixed-line market in a bid to capitalise on opportunities presented by the convergence of mobile, landline and broadband.
With one notable exception ðÐQwest Communications ðÐAmerica's biggest telecommunications companies appear to have put up little resistance when the National Security Agency requested access to phone call records in the wake of the 9/11 terrorist attacks on New York and the Pentagon.
Investor's Business Daily - Throughout stock market history, companies that have proved themselves as innovators have realized the biggest gains. From Boeing's jets to Apple Computer's iPods, breakthrough products have fueled lofty advances for the most innovative companies.
TechWeb - The number of visitors to the top 10 social-networking sites soared in April, attracting nearly half of all Web users.
InfoWorld - Apple Computer released its third major patch this year for the OS X operating system on Thursday, fixing 31 software vulnerabilities in a range of products that could be used by remote attackers to compromise Mac OS systems.
TechWeb - A startup is looking to do to Linux what Microsoft Corp. is doing to Windows -- dissolve the operating system into the Web.
AFP - Softbank, the fast-growing Japanese Internet and telecommunications group, will work with Apple Computer to jointly develop mobile phones that have iPod music players functions, a report has said.
AFP - Gamers gave Nintendo's new "Wii" video game console a hands-down victory over Sony's PlayStation 3 and Microsoft's Xbox 360 at the premier video games trade show that ended in Los Angeles.
Reuters - Like millions around the world, you have an iPod, the market-leading digital music player made by Apple Computer Inc. and have spent perhaps a few hundred dollars buying songs from the company's iTunes music store.
AP - A dean at one of China's top universities has been fired after his claims to have invented a new computer chip turned out to be a fraud, the school announced Friday.
AP - China's biggest Internet search site, Baidu.com, has launched a Chinese-language encyclopedia inspired by the cooperative reference site Wikipedia, which the communist government bars China's Web surfers from seeing.
AP - Several cities around the country have sued Web-based travel clearinghouses such as Expedia, Travelocity and Orbitz, claiming they have failed to pay millions of dollars in hotel taxes.
AP - Nokia Corp. is adding the Google Talk application to a Nokia handheld Internet browsing device, in a move that could help boost the search company's reach in mobile communications.
AP - After years of promises and high expectations, consumers will finally be able to purchase next-generation video game consoles as the industry's painful transition to the latest technology comes to an end later this year.
PC Magazine - A new study by McAfee shows that people who use search engines are more likely to access sites that may compromise online safety.
Reuters - Nokia, the world's top mobile phone maker, will unveil on Tuesday a new version of its Internet tablet device that runs Google Talk communications software, sources familiar with the plans said on Friday.
AFP - Softbank, the fast-growing Japanese Internet and telecommunications group, will work with Apple Computer to jointly develop mobile phones that have iPod music players functions, a report said.
AP - Two teenagers were charged with setting fires in suburban Washington after they bragged about the blazes on MySpace.com, authorities said.
Reuters - Mobile phone group Vodafone could sell its stake in its joint venture with Verizon Communications for about $48 billion (25 billion pounds) before the end of the month, according to the Observer newspaper.
Reuters - Most of the 2,000 jets parked by airlines and other aircraft owners in the western
AP - With more and more video surging across the Internet not just to computers but also televisions and handheld devices, something that could relieve the congestion or improve the quality would be a huge breakthrough.
AP - Every day, it seems, a new service pops up offering to send you video over the Internet. "Desperate Housewives," Stephen Colbert heckling the president, clips of bad dancers at wedding parties: It's all there.
