– Apple/Google/Nokia (NYSE: NOK) and Nortel: This one is still a work in progress… Apple (NSDQ: AAPL), Google (NSDQ: GOOG) and Nokia are reportedly among the companies bidding for patents being sold by the bankrupt Nortel Networks. In all, the company had around 4,000 patents, estimated to be worth some $1 billion. The IP that interests these three companies is related specifically to 4G technology, writes Reuters. Nortel owns seven of the 105 patent families that are thought to be essential to technologies like LTE and SAE (Service Architecture Evolution). Final bids are due in the coming weeks.
– NY Daily News: The latest New York metro paper to go the iPad route, the Daily News app is taking a relatively conservative approach in its functionality. It will let readers download the full print edition to read offline, and it will also provide live updates as well as the option to share stories with others. The Daily News app is priced at $1.99 for the first month, with six-month subscriptions priced at $7.99 or $11.99 for 12 months. (As yet there don’t seem to be any options for daily or monthly usage.) Subscriptions won’t be the Daily News’ only revenue stream: the app will also feature advertising, according to an emailed release.
– Visa: The payment network giant is taking a tip from all the other location-aware services out there and launching its own app for local offers. The service, unsurprisingly, is geared at getting people to spend more on their Visa cards: users will be sent information about deals near to them, and will have the option to pay for those offers via their phones using their Visa card details. The service also maps the closest ATMs.