Wall Street Journal

NOKIA ASKS RUSSIA TO RECOVER PHONE

Nokia has called on Russian police authorities to help it recover a prototype smartphone the company says was obtained by a blogger who posted photos and a critical review of the N8 touchscreen handset before its launch. Nokia says that the blogger denied its requests to return the phone.

GLITCH SLOWING AT&T NETWORK

WSJ writes that AT&T and Alcatel Lucent are trying to remedy a networking problem responsible for preventing AT&T subscribers from reaching peak data transmission speeds. The software defect, which is slowing performance for customers using 3G HSUPA-capable wireless devices, affects less than two percent of AT&T's customers, or about 1.75 million people, according to the companies. An AT&T spokesman declined to comment on which markets were affected by the network problem.

 

SMARTPHONE SALES BOOST HTC'S PROFIT

A sales increase of 58 percent boosted HTC’s second-quarter profit to TWD8.64 billion (USD268 million), a 33 percent increase from TWD6.51 billion a year earlier. WSJ writes that the quarterly profit was the company's highest since it reported a TWD9.99 billion profit for the fourth quarter of 2007, before Taiwanese companies started recognizing employee bonuses as expenses. 

 

SKYHOOK CATCHES BIG FISH

Skyhook’s location positioning technology for mobile devices is used on more than 100 million handsets, netbooks and cameras, according to the company. WSJ writes that the eight-year-old start-up company is beating out its much-larger rival Google after landing contracts with Apple, Motorola and Samsung. “Skyhook has the most accurate database, and they are the leader in the market,” says Dominique Bonte, an analyst with ABI Research.