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Telefonica Sells 1.51% Stake to China Unicom for $356M

Jul 11, 2016 08:42 AM EDT

Spanish telecommunication provider Telefonica has raised around $356 million by selling 1.51 percent of its shares to China Unicom, the company said in a statement on Monday, July 11.

Tech company Mozilla announced on Tuesday that is will halt the development of the Firefox OS and will leave it in its current version.

Mozilla to Develop 'Firefox OS Smartphones' with International Operators

Sami Ghanmi |

Mar 02, 2015 10:19 AM EST

The partnership is aimed at providing consumers worldwide with an intuitive and easy-to-use mobile phones based on the Firefox operating system.

International Firms Invest $115 Million in French IoT Firm Sigfox

Sami Ghanmi |

Feb 11, 2015 10:52 AM EST

Major international companies including South Korea's SK Telecom, Spain's Telefónica and Japan's mobile phone operator NTT Docomo are investing US$115 million in French Internet of Things (IoT) company, Sigfox.