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National Security Agency Uta Data Center

FISC okays two of President Barack Obama's proposed changes to NSA surveillance

The Foreign Intelligence Surveillance Court has approved two of President Barack Obama's proposed changes on the National Security Agency's surveillance of US telecommunications, VentureBeat reported.

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Truecaller

Sweden's Truecaller grabs $18.8M in Series B financing

Stockholm, Sweden-based mobile phone community Truecaller grabbed $18.8 million in a Series B financing round led by Sequoia Capital to help identify unknown phone callers and block spam calls.

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T-Venture Holding

Munich-based Teqcycle gets backing of T-Venture Holding

Teqcycle Solutions, a Munich-based firm that provides mobile devices trade-in and reuse solutions, has bagged an undisclosed investment from T-Venture Holding, a subsidiary of Deutsche Telekom.

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Flag of Israel

40 Israeli firms to be put on auction block for foreign investors

According to a government official, foreign funds are circling the Israeli companies that are going to be put up for sale by the state in a bid to increase competition, Bloomberg reported.

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JDS Uniphase Corp

JDS Uniphase buys Colorado-based software firm Trendium

California, US-based optical communications network product designer and manufacturer JDS Uniphase Corp (JDSU) bought Boulder, Colorado-based real-time intelligence software solutions provider Trendium for an undisclosed amount.

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Singapore central business district

Singapore launches program to fund startups expanding into Indonesia

The Singaporean government launched iSTART, a financing program designed to fund the expansion of local telecommunication and mobile app startups into Indonesia, which could potentially be an avenue for growth for the Singaporean and IT industry.

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Hansoft

Swedish software firm Hansoft pockets $8.4M in first venture round

Uppsala, Sweden-based program development tool Hansoft pocketed $8.4 million in its first round of funding led by Stockholm-based venture capitalist Spotify Creandum to support its sales and expansion programs.

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AT&T Inc.

AT&T Inc tells UK authorities it won't make a bid for Vodafone

AT&T Inc said it will no longer have any plans to make an offer for Vodafone Group Plc, preventing it from making a takeover bid in the next six months, Bloomberg reported.

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WiMacTel

Calgary-based WiMacTel acquires Canada Payphone Corporation assets to give alternative payphone service in Canada

Some assets of Canada Payphone Corporation were bought by WiMacTel, a Calgary-based telecommunications firm, that will also launch an alternative payphone service in Canada after the acquisition.

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Vodafone Group Plc

Vodafone in talks to purchase Spain’s ONO -Bloomberg

UK-based telecommunications firm Vodafone Group Plc is in talks to purchase Spain-based cable operator Grupo Corporativo ONO SA, according to unnamed sources cited by Bloomberg.

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Jimmy Wales

Wikipedia co-founder picks up big stake in London mobile provider

Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.

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Softbank Corp

Softbank Corp in direct talks with Deutsche Telekom for possible T-Mobile deal- sources

Softbank Corp is reportedly in discussions with T-Mobile owner Deutsche Telekom AG to thresh out obstacles for a potential T-Mobile acquisition, according to sources interviewed by Bloomberg.

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America Movil

America Movil hikes stake in Telekom Austria to 26.8pct

Mexican tycoon Carlos Slim has decided to hike America Movil's stake in Telekom Austria to 26.8% by consolidating his company and family holdings in the Austrian telecom firm.

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Siemens

Finland's Tieto inks deal to buy part of Siemens Convergence Creators telecom R&D

Finland-based IT service firm Tieto inked a deal to buy part of Siemens Convergence Creators' telecom research and development (R&D) for an undisclosed sum to strengthen its products portfolio.

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Opera Software

VimpelCom Ltd extends partnership with Opera Software

VimpelCom Ltd, one of the largest integrated telecommunications service operators around the world, announced the extension of its strategic partnership with Oslo, Norway-based Opera Software,

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