Nortel bondholders; Microsoft and Android; Facebook Project Spartan
Nortel's creditors are optimistic that the proceeds from an Apple-led consortium's $4.5 billion purchase of a cache of the company's patents will cover its remaining debt, while Microsoft has now secured patent licensing deals from five Android vendors. Finally, a new report claims Facebook's rumored Project Spartan HTML5 application platform is nearing completion and will reportedly launch by August 1.
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