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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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