SAN DIEGO—Call it hedging it your bets. Qualcomm Inc. said it is developing chipsets based on a rival mobile television standard—Digital Video Broadcasting–Handheld, or DVB-H—even while it works to complete its own MediaFlo network in the United States. Qualcomm is spending about $800 million to build its MediaFlo network, and, so far, Verizon Wireless has [...]

REDMOND, Wash—Microsoft Corp. announced that it’s backing Digital Video Broadcasting-Handheld technology as a “founding member” of the Mobile DTV Alliance. Although the group formed in January, Microsoft only today announced its membership despite its ranking as a founding member. Microsoft joins Intel Corp., Modeo L.L.C., Motorola Inc., Nokia Corp. and Texas Instruments Inc. to jointly [...]

SUNNYVALE, Calif.—Yahoo Inc. filed suit against Mforma Group Inc., claiming the mobile game-maker is stealing company secrets as it hires seven former Yahoo employees. The Internet giant is suing both Mforma and the former workers, saying it will seek an injunction in a Santa Clara, Calif., court to prevent the employees from using Yahoo technology [...]

BERWYN, Pa.—Regional operator SunCom Wireless Holdings Inc. pushed back its fourth quarter and full-year 2005 financial report by two weeks. The company had been slated to make its results public Thursday, but now says it plans to make its announcement on March 16 before the market opens. Steve Somers, director of investor relations for SunCom, [...]

SAN JOSE, Calif.—Gawker Media, the company behind the pop culture and celebrity gossip Web blogs Gawker.com and Defamer.com, selected iLoop Mobile to develop a mobile subscription service for Gawker’s subscribers. Gawker said it plans to use the service to provide daily messages complete with pop-culture gossip and celebrity sightings to its subscribers. The Defamer daily [...]

NEW YORK—Motorola Inc.’s venture-capital unit, Motorola Ventures, made an investment in Netomat Inc., which has developed an Internet Protocol-based platform for mobile-PC convergence. Financial terms of the agreement were not released. Netomat recently launched its Netomat hub, a group picture, text and RSS sharing service for mobile phones and PCs.

STOCKHOLM, Sweden—Sony Ericsson Mobile Communications L.P. presented six new handsets today including the K800, a new high-resolution camera phone that carries Sony Corp.’s CyberShot brand, an extension of the company’s own brand for its digital cameras. Sony Ericsson is a joint venture between Swedish technology company L.M. Ericsson and Japanese electronics company Sony. The K800, [...]

SANTA BARBARA, Calif.—724 Solutions Inc. says its minority shareholder, Austin Ventures L.P., has offered to buy the company’s 5.5 million outstanding shares of common stock for about $17 million, or $3.07 per share. News of the proposal came Monday after the financial markets closed, but the low-ball offer has not helped the company’s stock price. [...]

CONSHOHOCKEN, Pa.—UbiquiTel Inc. turned out positive numbers for 2005 including increased income and reduced churn—although its average revenue per user slipped and the company added 25-percent fewer customers than it did in 2004. The wireless operator earned $47.4 million in net income for 2005, way up from the loss of $15.3 million it recorded in [...]

CHICAGO—U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., delayed for a fourth time the reporting of their third quarter 2005 results and financial restatements dating back to 2000. The companies said that their year-end 2005 and first quarter 2006 results are also expected to be late; even so, they provided guidance [...]