Glu makes $36m bid

Glu Mobile has offered to buy mobile games developer Superscape Group for about $36 million, reports Forbes.

Glu is offering 10 British pence in cash per share. The offer values Superscape's share capital at approximately $36 million, including $11 million it holds in cash and equivalents.

The offer was made in UK currency as Superscape's stock is listed on the London Stock Exchange.

Consumers can proceed with a class-action lawsuit against T-Mobile after a federal appellate court ruled that the wireless carrier's service contract compelling mandatory arbitration can't be enforced under state law, says Seattle PI.

Businesses, including credit card companies and cellphone carriers, routinely require consumers to sign service contracts agreeing to resolve their disputes through mandatory arbitration.

On Tuesday, the 9th US Circuit Court of Appeals concluded: "T-Mobile's arbitration provision is substantively unconscionable and unenforceable under Washington state law."

A federal airwaves auction, which started on Thursday, is expected to bring consumers improved wireless broadband services and will likely provide the last opportunity to create a nationwide challenger to the big cellphone companies, states USA Today.

The Federal Communications Commission is auctioning off the last big swath of airwaves for the foreseeable future.

While the bidding features such cellphone powerhouses as AT&T and Verizon, Google have emerged as a wild card that could win a chunk of spectrum and use it to provide a new national wireless service.