Icahn pushes Motorola to turn patents into cash

(AP) -- Shares of cellphone maker Motorola Mobility Holdings jumped to a four-month high Thursday after activist investor Carl Icahn disclosed that he's pushing the company to squeeze profits from its vast patent portfolio.

Canada won't review $4.5B sale of Nortel patents

(AP) -- The $4.5 billion sale of Nortel's patent portfolio to a consortium including Research In Motion Ltd. cleared another hurdle Tuesday as the Canadian government said the deal does not need to be reviewed under the ...

Judges in US, Canada approve Nortel patents sale

(AP) -- U.S. and Canadian judges have approved a $4.5 billion cash bid from a consortium that includes smartphone makers Apple and Research In Motion for patents held by bankrupt telecom-equipment maker Nortel.

Ciena wins court approval for Nortel unit bid

(AP) -- Ciena Corp. won court approval Thursday to start bidding on Nortel Network Corp.'s optical and Ethernet division with an offer valued at more than $532 million.