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Russia's Megafon to sell the iPhone once more and other news from March 7, 2014

Apple has entered into an agreement with Russia's Megafon, which has committed to purchase at least 750,000 iPhones over the next three years. Megafon, which is Russia's second-biggest carrier, signed on in January. In addition, Reuters reports that more than US$28 million will be spent on promotion.

Russian carriers, including Megafon, had dropped the iPhone over the past few years, the most recent being Beeline in July 2013.

Other news from Friday afternoon includes:

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