By James Davey LONDON (Reuters) – British supermarket chain Wm Morrison is investing more than 200 million pounds in a 25-year deal with online grocer Ocado, seeking to catch up with rivals in home delivery and sending Ocado shares to a record high. Morrison, which trails Tesco, Wal-Mart's Asda and J Sainsbury in annual sales, has suffered falling profits and market share, partly due to its late entry into online grocery which is growing about 16 percent a year. Morrison and Ocado said their deal would not affect Ocado's arrangement with upmarket grocer Waitrose, due to run to 2020. …

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Morrison seals $306 million Ocado deal in online catch-up

By Kate Holton LONDON (Reuters) – After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever. Chief executive for five years, Colao has said only that he has an “open mind” on Vodafone's 45-percent stake in the U.S. operator, whose majority owner, Verizon Communications , is interested in buying out the British company's share. …

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All eyes on Vodafone’s Colao for signs on Verizon

By Estelle Shirbon LONDON (Reuters) – Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was “anarchic self-amusement”, a court heard on Wednesday. The men, who have pleaded guilty to a variety of offences, were members of the hacking collective LulzSec that caused millions of dollars of damage to corporate and government computer networks during an online crime spree they boasted about on Twitter. …

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LulzSec hackers “at cutting edge” of cyber crime, court told

LONDON/HELSINKI (Reuters) – Nokia unveiled a lighter, metal model in its Lumia smartphone range, as it tries to catch the eye of buyers to close the huge market lead of rivals Samsung and Apple Inc in the lucrative handset market. The Lumia 925, to be sold for 469 euros ($610) before taxes and subsidies through carriers such as Vodafone and China Mobile, is the latest in Nokia's range using Windows Phone software, on which Chief executive Stephen Elop has pinned the future of the loss-making company to reverse a dramatic drop in revenue over the last two years. …

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Nokia unveils new metal-body Lumia smartphone

Nokia’s second announcement for May is arguably a more notable progression from the Lumia 920 than the US-only Lumia 928. This is the Lumia 925. It’s another flagship, but this one’s setting its sights on the rest of the world. The first thing to note is the change in build materials and profile. While the rest of the Lumia range have stuck to plastics — typically glossy polycarbonate — the Lumia 925 is Nokia’s first Windows Phone to be packed into an aluminum frame. One of the benefits of this change in design? The handset’s weight has plummeted. While the phone has the same dual-core 1.5GHz Snapdragon S4 Pro processor, 1GB RAM and 8.7-megapixel OIS camera of the 920, the Lumia 925 is almost 50 grams (1.8 ounces) lighter than last year’s Lumia 920.

Despite a thinner 8.8mm profile, there’s an identical 2,000mAh battery. Alas, instead of built-in wireless charging, you’ll have to purchase an accessory cover to enable the function on the 925. Said covers will come in red, yellow, black and white, offering a splash of color to the three understated monochrome shades (white, grey and black) of the hardware. The 925 model also sports an 4.5-inch AMOLED screen, so while it matches the resolution of the existing 920 (1,280 x 768), those on-screen blacks — a regular occurrence with the Windows Phone OS — should be notably deeper than the LCD competition. It’s also coated in Gorilla Glass 2, with ClearBlack tech and a high-brightness mode to improve outdoor visibility and the same super-sensitive touchscreen that means you’ll be able to steer the phone with your gloves on. There’s more to say about camera improvements — jump past some Nokia-approved sample shots below to hear more.

Filed under: Cellphones, Mobile, Nokia

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Nokia announces the Lumia 925: a thinner, lighter aluminum body coming June for 469 euros