The launch of the BBC led YouView web TV service has been delayed to 'early' 2012 owing to technical glitches that have plagued the platform from the beginning. The project, which is backed by BT, TalkTalk, ITV, Channel 4, Channel 5 and Arqiva, has been delayed by more than 6 months to early 2012.
Nokia may have cancelled its first Meego-based N9 smartphone before it goes on market and only days before the start of the Mobile World Congress 2011 in Barcelona. The Finnish company, who is on the verge of losing its status as the world's largest smartphone manufacturer, is widely expected to implement some massive management changes including building non-Meego and non-Symbian handsets.
Verizon is likely to sell more than one million iPhone 4 smartphones as both the mobile phone operator and Apple have started to take orders for the handset on their respective websites.
The phone had been on preorder for existing customers last week and Verizon revealed that all its allocated stock vanished within two hours, making the iPhone 4 its fastest selling handset ever.
HTC is the last of the big mobile phone manufacturers (other than Nokia) not to have announced any plans to build and launch an iPad rival. However, Chinese-language news outlet Economic Daily reports that HTC may release a 7-inch Android tablet in March with the likely official release date scheduled for next week during the Mobile World Congress in Barcelona.
Enterprise networking giant Cisco posted a lower than expected gross margin, causing its shares to fall in extended trading. Cisco's shares fell as much as 10.3 per cent to $19.77 in after hours trading on the Nasdaq Stock Market. The company's gross margin, which is the percentage of profit left after subtracting the production costs, fell to 62.4 per cent in the period ending 29 January.