News Articles

Telefonica and China Unicom buy more shares in each other

Telefónica and China Unicom have each agreed to buy $500 million of each other's shares.

This'll give Telefonica around 9.7% of China Unicom and will give China Unicom a 1.37% stake in Telefonica.

Author: The Fonecast
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UK buyer and UK application help Apple reach 10 billion App Store downloads

Apple says the 10 billionth application downloaded from its iPhone, iPad and iPod touch App Store was Paper Glider by Neon Play.

The app was downloaded by Gail Davis of Orpington, Kent, who’ll receive a $10,000 iTunes Gift Card.

Author: The Fonecast
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This week at The Fonecast: 22nd January 2011

Mark Bridge writes:

This week’s big news isn’t entirely mobile-related – but it is entirely worth mentioning. First we had Amazon snapping up the part of LOVEFiLM they didn’t already own. (Allow me to start the speculation about a video-streaming Kindle). And then Google CEO Eric Schmidt said he was leaving.

Author: The Fonecast
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Former Vivendi chief executive and Vizzavi chairman Jean-Marie Messier found guilty of misleading investors

Back in 2000, Vodafone and Vivendi created what they called a 'multi-access portal' that would offer internet services across TVs, PCs and mobile phones. It was named Vizzavi and was chaired by Vivendi's Jean-Marie Messier for the first couple of years.

In recent days Jean-Marie Messier has been hitting the headlines again.

Author: The Fonecast
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HTC doubled its handset sales in 2010

Taiwanese smartphone producer HTC says it sold 24.6 million phones last year, 111% up from the 2009 figure.

Another 8.5 million devices are expected to be sold during the first quarter of 2011.

Author: The Fonecast
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