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Financial

Apple, HTC drop patent action, reach licensing agreement

Apple and HTC have reached an agreement to end all patent litigation against each other.

MegaFon reports record profit

Russian number-two MegaFon reported a 20 percent increase in net income to hit a record RUB14.9 billion (US$475 million) for the third quarter of 2012

Weak domestic demand hits Telecom Italia

Telecom Italia reported drops in revenue and profit for the third quarter of 2012 as reduced domestic market demand was only partially offset by good performance in Brazil and Argentina.

Reliance profit falls on increased financing costs

Indian operator Reliance Communications saw its profits fall sharply in the quarter to 30 September 2012, with its results impacted by increased financing costs

Starbucks starts to accept Square payments

Around 7,000 Starbucks stores are now accepting payments made from customers in the US using …

Emerging markets help Qualcomm achieve record results

Mobile chip maker Qualcomm has reported record revenue and profit for its fiscal fourth quarter with developing markets helping to drive the business.

Deutsche Telekom books giant Q3 loss on US charge

Deutsche Telekom posted a EUR6.9 billion Q3 net loss today on the back of a …