Toshiba to shut three Japan semiconductor plants

Electronics and manufacturing giant Toshiba said Wednesday it is to shut three semiconductor factories in Japan as part of a reorganisation of its business, as it grapples with falling profits.

FCC unveils rules for rural broadband fund

Federal regulators have unveiled a plan for overhauling the $8 billion fund that subsidizes phone service in rural areas and for the poor. It redirects the money toward broadband expansion.

India launches 'world's cheapest' tablet computer

India on Wednesday launched its long-awaited "computer for the masses", unveiling a $46 tablet device designed to bring the information technology revolution to tens of millions of students.

India to launch $45 tablet computer

India is set Wednesday to launch its long-awaited low-cost computer, a $45 tablet device designed to bring the information technology revolution to tens of millions of students.

France pockets 936 mn euros in 4G frequency auction

France took in 936 million euros ($1.3 billion) from the auction of frequencies to build fourth-generation mobile telephone networks, telecommunications regulator Arcep said on Thursday.

Ericsson reports profit leap, shares slump

Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.

France launches 4G mobile license auction

France on Wednesday kicked off auctions for frequencies to build high-speed fourth generation mobile telephone networks needed to keep up with the explosion of Internet-capable smartphones.

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