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European carriers submit a joint venture application for mobile subscribers’ opt-in ad targeting

Following trials last year in Germany, European telcos are moving forward with a plan to establish a joint venture to provide opt-in “personalized” ad targeting of regional mobile network consumers. However, it is yet unclear whether European Union officials will approve of their proposal. Germany’s Deutsche Telekom, France’s Orange, Spain’s …

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Microsoft purchases a start-up making data transmission cables with high speed

Microsoft revealed today that it has bought Lumenisity, a business based in the UK that created “hollow core fiber (HCF)” solutions particularly for ISPs and data centers. The purchase, whose financial details weren’t made public, will, according to Microsoft, “increase [its] capabilities to further optimize its global cloud infrastructure” and …

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Foxconn, an Apple partner, contributes additional $500 million to the Indian economy

Foxconn is increasing its intentions to develop its chipmaking factories in the South Asian market, which is gradually evolving into a significant center for Apple products, by investing an additional $500 million in its Indian operations. Foxconn said its Singapore subsidiary is investing the money into the India firm, Hon …

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