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LONDON – The global optical networks market will exceed $17.5 billion by 2018, for a 3.1% CAGR from 2012, says Ovum.

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SOMERSET, UK -- EMS firm Marsden Smith has been sold out of administration, saving 15 workers from unemployment. The contract assembler, which was founded in 2007, had entered administration just a month before.

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FLINT, MI -- A Detroit area judge has ordered Toyota to turn over documents related to a fatal crash attributed by the victim's family to sudden unintended acceleration. The family is looking for evidence that tin whiskers may have played a role in causing a key sensor to fail, thus preventing the auto from slowing as designed.

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