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Ads in Apple iPhone apps could cost a million dollars

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Nokia plans Dolby surround sound for its handsets

Tuesday's announcement of the Nokia N8 – the first smartphone equipped with Dolby Digital Plus 5.1 channel surround sound – was the beginning of a new partnership between the two companies.

Dolby Laboratories and Nokia have now agreed to incorporate Dolby surround sound technology into a number of other handsets.

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France Telecom publishes Q1 results for Orange UK

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O2 UK launches laptops with embedded SIM cards

O2 UK has announced its first devices with embedded SIM cards. Although the concept isn't new – Vodafone UK has offered netbooks with SIM cards for over a year, while Datawind's UbiSurfer and PocketSurfer devices also have built-in SIMs – these are the first O2 laptops with their own SIM cards.

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HP to buy Palm

Technology company HP has agreed to purchase smartphone manufacturer Palm for a total of approximately $1.2 billion. It's a 'friendly' takeover that has been approved by the HP and Palm boards of directors. Palm shareholders will receive $5.70 in cash for each Palm share they hold when the merger is completed. The transaction is expected to close by the end of July.

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