Zynga to lose more executives this month

Zynga Inc. lost three more top executives this month, following more than a dozen exit of top managers in the company after it announced IPO last December 2011.


Qualcomm Ventures and Nokia Growth Partners are Finnish startup Grand Cru's newest investors

Qualcomm Ventures and Nokia Growth Partners are Finnish game developer Grand Cru's newest partners in its recent Series A funding round.

Olapic closes US $5 mln in series A financing

Olapic secures US $5 million after the close of a series A financing round led by Great Longworth Venture Partners and Fung Capital USA.

Alcatel-Lucent overthrows estimates after Qualcomm announced stake purchase

Alcatel-Lucent beats estimates set by analysts after Qualcomm Inc. announced to purchase the former's minority stake.


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Analysts believe that Asus' late entry to the US tech market will be its toughest challenge yet.
Apple and Motorola dropped 14 patents, which now left with them with 8 patents-in-suit. Apple and Google's Motorola agreed to drop 14 patent suits Monday.
Alcatel-Lucent partnered with Qualcomm for small cell development. Alcatel-Lucent and Qualcom partner for small cell development. The development aimed to be useful for enterprise and residential deployments.
The CEO of Softbank Corp said that there is no "firm plan" in place for the widely-anticipated Alibaba IPO.
Centrica announced that it expects to close its USD 1 billion buy of Hess's Energy Marketing this year.
Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.
Researchers said that Apple led the South African tablet industry while Samsung trailed at second. Over 1. 4 million units of tablets were purchased by South Africans in a span of three years, said research firm World Wide Worx.
Android posted a massive increase in the latest quarterly report for tablets, while Apple's iOS continued to decline.
Nepal's telecom industry expanded after aggressive importing. According to the Nepal Telecommunications Authority, imports of telecom related equipment almost reached double the amount of last year.
Apple issued a statement in response to Pegatron's claimed labor abuses. Apple responded to claims that its Shanghai-based manufacturer, Pegatron, was involved in labor abuses.