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    Nokia Siemens Networks confirms private equity talks - (Telecompaper) Nokia Siemens Networks has received unsolicited expressions of interest from private equity firms. CEO Rajeev Suri confirmed the development while speaking at a Spanish telecoms summit in Santander. Suri said the interest from investors was "a testament to the progress we are making", as the Nokia Siemens venture works on cutting costs, moving to profitability and expanding its market share. He said the company's turnaround was "we...
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    Microsoft co-founder files patent suit against tech firms - (Telecompaper) Microsoft co-founder Paul Allen has filed a patent case against some of the major internet and technology companies, including Google, Apple and Facebook, the Financial Times reports. The case was filed in the federal court in Seattle and marks an attempt to enforce a set of patents on a range of internet activities. Among the eleven companies named in the suit are AOL and Ebay and office supply companies such as Office Depot and S...
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    Intel cuts Q3 outlook - (Telecompaper) Intel lowered its Q3 revenue outlook to USD 11 billion, plus or minus USD 200 million, compared to the previous expectation of USD 11.2-12.0 billion. The outlook for third-quarter revenue is below the company's previous estimate due to weaker-than-expected demand for consumer PCs in mature markets. Inventories across the supply chain appear to be in-line with the company's revised expectations. The company's expectation for third-q...
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    Cisco makes bid for Skype - report - (Telecompaper) Cisco has made an offer to acquire Skype, TechCrunch reports citing an unnamed source familiar with the matter. While no price tag was mentioned, Cisco is expected to have bid at least USD 5 billion, Skype's estimated valuation for its upcoming IPO. Google was also rumored to be interested in Skype, but antitrust concerns may have persuaded it not to make an actual offer, according to TechCrunch. Skype, controlled by private equity...
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    YouTube to launch pay-per-view video service - report - (Telecompaper) YouTube is in negotiations with Hollywood movie studios to launch a global pay-per-view video service by the end of 2010, people familiar with the matter told the Financial Times. Google will use its search technology and YouTube to direct viewers to the new service, which is likely to launch first in the US, with other countries added over time, the paper's sources said. Negotiations have been ongoing for several months, but have ...
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    Intel acquires Infineon's mobile chips unit for USD 1.4 bln - (Telecompaper) Intel has agreed to buy German semiconductor manufacturer Infineon Technologies' Wireless Solutions (WLS) business for USD 1.4 billion. WLS, a provider of cellular platforms to top-tier global phone makers, will operate as a standalone business serving its existing customers and will also contribute to Intel's strategy to make connected computing ubiquitous, from smartphones to laptops to embedded computing. Intel said it will ensu...
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    Nortel to sell multi-service switch business - (Telecompaper) Nortel Networks has entered into a 'stalking horse' asset sale agreement with PSP Holding, a special purpose entity to be fully funded at closing by Marlin Equity Partners and Samnite Technologies. The contract is for the sale of substantially all of the assets of Nortel's Multi Service Switch (MSS) business for USD 39 million in cash. This includes the associated Data Packet Network and Shasta product groups and certain intellectu...
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    Indian govt may extend BlackBerry deadline by two months - (Telecompaper) Research In Motion (RIM) may be given a 1-2 month extension from the Indian government to find a solution giving Indian security agencies access to its corporate e-mail services, reports the Business Standard. The Department of Telecommunications (DoT) is expected to ask the government to extend the deadline as RIM needs time to provide real time access to its corporate e-mails, a senior official said. In a statement, RIM said it h...
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    Chile publishes network neutrality law - (Telecompaper) Chile has published the network neutrality law in the Official Journal, El Pais reports. The document guarantees that internet service providers (ISPs) in Chile cannot interfere with content accessed by internet users. Under the terms of the law, ISPs cannot "interfere with, discriminate against or modify" content, applications or services unless this is a necessary measure to guarantee the users' privacy or protection from an inte...
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    Google enhances Realtime Search with new features - (Telecompaper) Google has enhanced its Realtime Search, with the launch of its home address, google.com/realtime. One can use geographic refinements to find updates and news for a specific region. New additions include a conversations view to follow a discussion on the real-time web. Often a single tweet sparks a larger conversation of re-tweets and other replies. With the 'full conversation' feature, users can browse the entire conversation in a...
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    International Whale Shark Day - August 30th is International Whale Shark Day (Día del Tiburon Ballena), so declared in 2008 during the International Whale Shark Conference that took place on Isla Holbox, where representatives ...
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    Mexicana Airline Suspends Operations - Mexicana Airline filed for bankruptcy three weeks ago, at which time the airline ceased ticket sales and altered some of its routes in order to cut costs. Last week a ...
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    Museum Night in Mexico City - Today and on several upcoming Wednesdays, Mexico City will celebrate Noche de Museos, Museum Night. More than twenty museums in Mexico City will be participating in the events, remaining open ...
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    Puebla City Guide - The city of Puebla is often overlooked by tourists, but with its beautiful colonial architecture, great cuisine, and fascinating history at less than two hours from Mexico City, Puebla de Zaragoza makes ...
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    Guadalajara's "Plaza de la Rotonda" - © Suzanne Barbezat The Rotonda de los Jaliscienses Ilustres in Guadalajara is a monument that honors notable people from the state of Jalisco. In this photo you can see a ...
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    Adult-Only Vacations in Mexico - Whether you have kids at home you're leaving behind for a little one-on-one time with your spouse, or you are just looking forward to some quiet time without the noise ...
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    The Mayan Riviera - A paradise for beach lovers and ecotourism enthusiasts lies just south of Cancun along the Caribbean coastline of the state of Quintana Roo. In the Mayan Riviera the sand is ...
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    Tour Group Travel in Mexico - One of the first things you might consider when planning a trip Mexico is whether to travel independently or with a group. Travel with a tour group may be a ...
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    Two New World Heritage Sites in Mexico - The United Nations Educational, Scientific and Cultural Organization (UNESCO) has just added 21 new sites to its list of World Heritage sites. Two of these sites are in Mexico: the ...
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    Chile en Nogada Season - It's Chile en Nogada season in Mexico! This colorful dish is one of Mexico's most delicious foods. Since it was first prepared around the time of Mexican independence and it ...
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