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Palm cuts revenue outlook on weak phone sales
Shares tumble 16 percent on news
Fri. February 26, 2010
by Sinead Carew, Reuters
Palm Inc slashed its revenue targets on weak demand for its smartphones, renewing concerns about its ability to compete against rivals like Apple Inc and sending shares down 16 percent.
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Apple holds annual meeting as stock seeks catalyst
Shares tread water at $200 million mark
Cablevision posts profit
Revenue increases 5% for Q1 despite competition
Intel plans $2 billion fund to invest in U.S. companies: report
U.S. technology giant Intel Corp is planning to set up a $2 billion fund to invest in U.S. companies, the Wall Street Journal said, citing people familiar with the matter.
Handset market rebounding in 2010: report
The cellphone market will rebound more strongly than expected this year as improving economies boost spending on new gadgets and handset vendors push cheap smartphones, research firm Gartner said on Tuesday.
Industry explores new roads with free maps
The satellite navigation industry is looking for direction now that Google and Nokia are offering free maps on smart phones, with the issue a hot topic at the Mobile World Congress industry fair in Barcelona this week.
ITU sees 5 billion mobile subscriptions globally in 2010
After reaching around 4.6 billion mobile cellular subscriptions by the end of 2009, ITU expects the number of mobile cellular subscriptions globally to reach five billion in 2010.
100 euros smartphones this year: Symbian
The smartphone market will continue to boom this year as handset vendors roll out new, cheaper models and cut prices of the older phones -- making them more attractive to a mass-market audience.
Ericsson market share jumps in Q4: Dell'Oro
Sweden's Ericsson increased the lead on the global mobile network gear market in the fourth quarter, helped by an acquisition of key assets of bankrupt Nortel, research firm Dell'Oro said on Wednesday.
Nokia says free satnav to lift services sales
Nokia's services unit chief Niklas Savander said he is more confident than before on the unit's 2011 revenue target due to a strong take-up by phone buyers of the company's free satellite navigation offering.
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 SingTel increases stake in India’s Bharti Airtel
Malaysian’s Maxis IPO will be biggest ever in South East Asia
Source: Ek Heng, Asia-Pacific Correspondent
Singapore telco incumbent, SingTel announced it was stepping up its stake in India’s largest telco, Bharti Airtel, by 1.52 percent that could cost it between US$393 million and US$656 million.
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