AMNews: Samsung Galaxy S2 Gets Gingerbread Update, Apple iTunes 1080p Movie Service, Netflix Says No to Hulu Bid

Google's need for speed is apparently working wonders as Samsung is said to be queuing up the next version of Android Gingerbread, v2.3.4, for the Galaxy S2 Smartphone. The handset has been photographed running the latest pre-release version of the OS which bodes well for other SGS2 owners; an upgrade sometime this quarter is most certainly going to happen.

The court of Canada and United States of America have approved sale of patents owned by Nortel Networks to Apple Inc. and Microsoft Corp. According to The Wall Street Journal, the judges of the Ontario Superior Court of Justice and the U.S. Bankruptcy Court for the District of Delaware on Monday have given nod to the sale of patents that are estimated to be approximately $4.5 billion to the consortium of tech companies including EMC Corp, Ericsson, Research In Motion (RIM) and Sony Corp. other than Apple Inc. and Microsoft.

Popular movie streaming service Netflix is not in the running to acquire rival Hulu, it has been reported. Both Hulu and Netflix were not interested in a deal that would consolidate the services offered by the two streaming giants, The Wall Street Journal reports.

Apple may be on the verge of introducing a 1080p movie service via iTunes which will allow the consumer electronics giant to bypass Blu-ray - the only current physical optical format that supports full HD - for the Mac platform. Appleinsider was advised that the company has received a number of feature films through its iTunes Store that optionally support a two-megapixel full HD resolution and may be set for release in September or October with a third format, HD+, added to the existing SD and HD format.

Apple may add one more OEM to Foxconn Electronics as it looks to diversify its partners as it prepares for life after the iPad 2. According to Arron Lee and Steve Shen from Digitimes, either Quanta computer or Pegatron Technology could join Apple with the latter being the likeliest candidate due to its existing working relationship with Apple (it already manufactures the forthcoming iPhone 5).