Technology Report: Exclusive: AOL mulls breakup, then merger with Yahoo

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Good afternoon Bit, MON 06 Dec 2010    Exclusive: AOL mulls breakup, then merger with Yahoo Google takes on Amazon, Apple in e-books market Cisco, Juniper step up in "cloud" with deals Microsoft offers Salesforce users money to switch Clearwire eyes selling up to $2 billion spectrum LG Display, Chi Mei, others face EU fines: source Sprint in deal with Alcatel-Lucent, Ericsson Best Buy, Carphone to sell Google Nexus S phone India wants BlackBerry access from companies: report Crash hurts Russia satellite challenge to U.S. GPS Entrepreneur's Edge: Orbotix NASA finds new life form High early scores for video game biz Exclusive: AOL mulls breakup, then merger with Yahoo December 06, 2010 01:54 PM ET NEW YORK (Reuters) - AOL Inc is actively exploring a breakup of the company in a complicated series of transactions that may lead to a merger with Yahoo Inc, sources close to the plans told Reuters. Full Article Google takes on Amazon, Apple in e-books market December 06, 2010 01:28 PM ET SAN FRANCISCO (Reuters) - Google Inc began selling digital books on Monday, intensifying the search engine's competition with Amazon.com Inc and Apple Inc and marking a significant push by the company to expand into the e-commerce business. Full Article Cisco, Juniper step up in "cloud" with deals December 06, 2010 03:34 PM ET NEW YORK (Reuters) - Leading U.S. network equipment makers Cisco Systems Inc and Juniper Networks Inc both announced deals to bolster their expertise in increasingly popular cloud computing, or "virtualization", technology. Full Article Microsoft offers Salesforce users money to switch December 06, 2010 04:34 PM ET SEATTLE (Reuters) - Microsoft Corp is offering customers of Salesforce.com Inc thousands of dollars in rebates to switch over to its own customer relationship management system. Full Article Clearwire eyes selling up to $2 billion spectrum December 06, 2010 10:19 AM ET NEW YORK (Reuters) - Clearwire Corp expects to snag another round of funding late this year or early 2011 and may raise as much as $2 billion from selling wireless spectrum, according to its finance chief Erik Prusch. Full Article LG Display, Chi Mei, others face EU fines: source December 06, 2010 10:44 AM ET BRUSSELS (Reuters) - EU regulators are set to fine LG Display, Chi Mei Optoelectronics Corp and three other firms up to 700 million euros ($928 million) in total for fixing prices of display panels used in consumer devices, a source close to the case said on Monday. Full Article Sprint in deal with Alcatel-Lucent, Ericsson December 06, 2010 01:08 PM ET NEW YORK (Reuters) - Sprint Nextel has signed a technology deal costing up to $5 billion with Alcatel-Lucent , Ericsson and Samsung as it phases out an older network and looks to cut costs and pave the way toward easier future technology upgrades. Full Article Best Buy, Carphone to sell Google Nexus S phone December 06, 2010 11:44 AM ET LONDON (Reuters) - Samsung's Nexus S phone, based on the latest version of Google's Android software, will go on sale this month in the United States and Britain through Best Buy and Carphone Warehouse . Full Article India wants BlackBerry access from companies: report December 05, 2010 02:39 PM ET NEW DELHI (Reuters) - The Indian government is talking to companies using Research in Motion's's BlackBerry to gain access to their employees' secure communications when it is deemed necessary, an official told the Wall Street Journal. Full Article Crash hurts Russia satellite challenge to U.S. GPS December 06, 2010 12:44 PM ET MOSCOW (Reuters) - The botched launch of three of its satellites will delay Russia's bid to challenge U.S. dominance of the market for satellite navigation technology by at least six months, analysts said on Monday. Full Article

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