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Telekom Slovenije faces €123 million class action lawsuit

An association of small shareholders has filed a class action lawsuit against Telekom Slovenije, Slovenia’s leading telecommunications provider, over what it argues are unwarranted unilateral price hikes over the past five years. It is planning similar suits against other providers.

Google launches $399 Pixel phone

Alphabet Inc's Google has launched more affordable versions of its Pixel smartphone at about half the price of its current models, and dropped an exclusive U.S. distribution deal with Verizon Communications Inc, signaling a major shift in the tech giant's hardware strategy.

Chinese Smartphones are Now Considered a Threat to National Security in the United States

FBI, CIA, and US National Security Agency officials have advised Americans not to use the Huawei and ZTE smartphones because they believe they are a security threat.

According to CNN, the heads of the three agencies have expressed their views during the hearings before the Senate Special Intelligence Committee and the House of Representatives of the US Congress.

Yahoo chief Marissa Mayer to leave company

Yahoo confirmed on Jan. 9 that chief executive Marissa Mayer will quit the company's board after its merger with Verizon.

Mayer is expected to remain with Yahoo's core business, which is being bought by the U.S. telecom titan.
 Yahoo is selling its internet operations as a way to separate that from its more valuable stake in Chinese internet giant Alibaba.

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