Technology Report: Court battle looms between U.S. and AT&T, T-Mobile

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	09/1/2011
Good afternoon Bit Apple promoted veteran exec Eddy Cue to oversee Apple's advertising service called iAd and iCloud, according to a leaked memo published by 9to5Mac. Cue played a major role in creating the Apple online store in 1998, the iTunes Music Store in 2003 and the App Store in 2008, new CEO Tim Cook said in the email to employees. An Apple employee once again appeared to have lost an unreleased iPhone in a bar, CNET reported. Last year, a misplaced iPhone 4 pre-production model was bought by Gizmodo. Today, two men pleaded not guilty to misdemeanor theft charges relating to that 2010 incident. The latest missing iPhone prototype, which disappeared in San Francisco in late July of this year, sparked a scramble by Apple security to recover the device over the next few days, CNET wrote, citing a source familiar with the investigation. A U.S. judge rejected a jury award of $1.3 billion to Oracle in a copyright infringement lawsuit against SAP, paving the way for a possible new trial in a years-long legal dispute. In a ruling released on Thursday, U.S. District Judge Phyllis Hamilton found that Oracle had proven actual damages of only $272 million. She called for a new trial unless Oracle agreed to accept that amount. An Ohio judge dismissed antitrust claims in a case against Google, handing the company a victory as it faces a separate federal investigation into its search results. MyTriggers.com, an Ohio-based shopping comparison search website, accused Google of giving preferential treatment in its search results to Google's own services. It also accused Google of making unfair agreements with other sites to exert control over search advertising. IBM is buying Toronto-based risk analytics software firm Algorithmics for $387 million in cash to enhance its financial services capabilities. IBM said the deal, expected to close before the end of October, expands its business analytics capabilities by helping clients manage financial risk. GPS maker TomTom will expand its offerings to include a satnav application for Apple's iPad, hoping to balance the fast shrinking of its key personal navigation device (PND) market. TomTom's launch, at the IFA consumer electronics fair in Berlin, follows smaller rival Navigon, bought by Garmin last month, which already sells a navigation service for iPad. TomTom has forecast that the global PND market will contract nearly 20 percent this year as economic worries hurt demand and consumers turn to free or cheap navigation on cellphones. LATEST NEWS Court battle looms between U.S. and AT&T, T-Mobile September 01, 2011 11:20 AM ET NEW YORK/WASHINGTON (Reuters) - The Justice Department made a bold move when it sued to block AT&T Inc's $39 billion acquisition of T-Mobile. Now comes the hard part: going to court. | Full Article John Madden gets down-and-dirty talking Madden NFL September 01, 2011 04:43 PM ET RALEIGH, North Carolina (Reuters) - Professional football fans knew that even if the National Football League and its players' union had not resolved their labor dispute, they could rely on John Madden's football videogame to deliver a new season of gridiron action. | Full Article Android vendors unfazed by Google-Motorola deal September 01, 2011 03:09 PM ET BERLIN (Reuters) - Smartphone vendors using Google's Android platform are unfazed by the Web giant's acquisition of Motorola Mobility, seeing it as a move to protect the software from legal attacks and not a competitive threat in the marketplace. | Full Article Google bought Motorola to guard Android: Sony Ericsson September 01, 2011 12:51 PM ET BERLIN (Reuters) - Smartphone vendor Sony Ericsson said it saw Google's acquisition of rival Motorola Mobility as a move to protect Google's Android software from legal attacks by rivals. | Full Article EU says Motorola deal will not impact Google probe September 01, 2011 03:10 PM ET ALPBACH, Austria (Reuters) - Google's planned purchase of Motorola Mobility Holdings Inc will not influence an ongoing antitrust probe into the Internet search engine, the EU's antitrust chief said on Thursday. | Full Article BUSINESS NEWS Payroll worries end Wall Street's four-day rally September 01, 2011 04:38 PM ET NEW YORK (Reuters) - Wall Street's four-day rally ground to a halt on Thursday, with major indexes falling 1 percent on caution ahead of a key labor market report expected to underscore fears the economy is headed for another recession. | Full Article August auto sales defy consumer caution September 01, 2011 04:47 PM ET DETROIT (Reuters) - Auto sales rose slightly in August from a month earlier, defying forecasts for a slowdown in a month that began with a plunge on Wall Street and ended with an East Coast hurricane. | Full Article Fed orders Goldman to review foreclosures September 01, 2011 04:29 PM ET NEW YORK (Reuters) - The U.S. Federal Reserve ordered Goldman Sachs Group Inc to hire a consultant to review practices of a former mortgage subsidiary on Thursday and said it plans to assess a monetary penalty for wrongful foreclosures. | Full Article Analysis: As debt maturities loom, U.S. needs to extend September 01, 2011 12:09 PM ET NEW YORK (Reuters) - Insatiable demand for safe haven U.S. government bonds is helping mask a potentially huge financial problem -- the need to extend the maturity of debt issued by the United States. | Full Article Europe rejects IMF call for more bank capital September 01, 2011 02:08 PM ET FRANKFURT (Reuters) - European politicians on Thursday rejected an International Monetary Fund call for banks to raise up to 200 billion euros ($290 billion) in new capital, adding to fears that policymakers may be underestimating the severity of the debt crisis. | Full Article U.S. TOP NEWS Gaddafi vows fight as world backs new leaders Exclusive: Perry sought to sideline nuclear waste site critic White House sharply cuts growth forecast U.S. judge pans rush in BofA $8.5 billion mortgage pact Recession fears recede as factories show growth RELATED VIDEO Sony goes solo with new 3D headset Is Groupon setting itself up for failure? 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