2011年9月3日星期六

Technology Report: United States loses video game jobs to Quebec

Reuters
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09/2/2011
News Good afternoon Bit
AT&T was expected to soon present a two-track plan that allows the company to try to find a settlement before the government lawsuit to block its planned $39 billion acquisition of smaller rival T-Mobile USA reaches the court. Details of AT&T's proposed settlement were not available, but it is expected to include pledges to maintain T-Mobile's relatively cheap mobile subscription plans, and asset sales.

TechCrunch founder Michael Arrington created a venture capital fund to invest in promising start-ups, sparking controversy over possible conflicts of interest involving the fund and questions about the integrity of the blog. Included in the debate was Arrington's employment status, with one AOL spokesperson claiming that Arrington was no longer employed by the owners TechCrunch, and another claiming he was. Arrington's creation of the "CrunchFund" comes months after he publicly announced that he had begun to actively invest in start-up companies, which also triggered a lively debate within the industry.

A senior exec from Acer said Microsoft will be the winner in Google's buy of Motorola Mobility as the deal makes Google a direct rival to its phone-making clients. "They work against some of their clients," said Walter Deppeler, president of Acer's operations in Europe, Middle East and Africa. "It was a good gift to Microsoft," he told Reuters. Acer uses operating software from both Microsoft and Google in its smartphones and tablets. Deppeler said Acer would consider the implications of the deal before deciding on future platform choices.

Pay-TV operator Starz Entertainment decided to stop providing its content for streaming on Netflix. Starz content includes exclusive rights to first-run Sony and Walt Disney movies and shows, but account for just 8 percent of U.S. subscribers' viewing, Netflix said. Netflix shares ended the day down 8.6 percent. UBS analyst Brian Fitzgerald said the announcement underscores the long-term concern that rising content costs and increasing competition will continue to weigh on the company's stock.

The New York Times, the Guardian, Der Spiegel, Spain's El Pais and France's Le Monde which collaborated with WikiLeaks condemned the website and its founder Julian Assange for making public thousands of "unredacted State Department cables, which may put sources at risk." In a message posted on its Twitter feed, which Assange is believed personally to control, WikiLeaks confirmed on Friday it had released "251,287 US embassy cables in searchable format." Earlier this week, WikiLeaks issued a lengthy statement accusing a Guardian journalist and a former WikiLeaks spokesman of having "negligently" disclosed top secret passwords to a copy of the cable database which had been floating, unnoticed, around the Internet for months.
LATEST NEWS
United States loses video game jobs to Quebec
September 02, 2011 04:48 PM ET
MONTREAL (Reuters) - Outside, the sun is shining, but it is dark in the production room where more than 150 Ubisoft artists, animators and engineers are racing to finish the latest edition of "Assassin's Creed," one of this holiday's hotly anticipated games. | Full Article
WiLan starts patent litigation against Apple, others
September 02, 2011 07:24 AM ET
(Reuters) - Canadian technology licensing company WiLan Inc said on Friday it had begun its patent infringement cases against Apple Inc, Dell, Hewlett-Packard and six other companies. | Full Article
Next Jump to stop emailing Borders customers
September 02, 2011 01:07 PM ET
NEW YORK (Reuters) - Marketing engine Next Jump Inc agreed to stop emailing Borders Group Inc's customers while the parties hash out how to move forward in trademark infringement litigation, a lawyer for Borders said on Friday. | Full Article
China state paper urges Internet rethink to gag foes
September 02, 2011 01:10 PM ET
BEIJING (Reuters) - China's Communist Party control is at risk unless the government takes firmer steps to stop Internet opinion being shaped by increasingly organized political foes, a team of party writers warned in a commentary published on Friday. | Full Article
Microsemi says could walk away from Zarlink bid
September 02, 2011 04:49 PM ET
TORONTO (Reuters) - Chipmaker Microsemi Corp has dared takeover target Zarlink Semiconductor to show it can get a bid higher than the C$550 million ($561 million) it has offered, saying it is willing to walk away from the bid. | Full Article
BUSINESS NEWS
Labor market woes sink Wall Street
September 02, 2011 04:46 PM ET
NEW YORK (Reuters) - Stocks tumbled 2 percent on Friday after data showing zero jobs growth in August brought investors face-to-face with the prospect of another recession. | Full Article
U.S. regulator sues major banks over mortgages
September 02, 2011 04:52 PM ET
WASHINGTON/NEW YORK (Reuters) - A U.S. regulator sued a number of major banks on Friday over losses on more than $41 billion in subprime mortgage bonds, which may hamper a broader government mortgage settlement with banks. | Full Article
Job growth stalls, fuels recession fears
September 02, 2011 04:33 PM ET
WASHINGTON (Reuters) - U.S. employment growth ground to a halt in August, reviving recession fears and piling pressure on both President Barack Obama and the Federal Reserve to provide more stimulus to aid the frail economy. | Full Article
Berkshire revised Wesco docs under SEC pressure
September 02, 2011 02:45 PM ET
NEW YORK (Reuters) - Berkshire Hathaway extensively revised documents related to the acquisition of Wesco Financial at the insistence of securities regulators, according to an April letter made public on Friday. | Full Article
Murdoch and son get big bonuses, James declines
September 02, 2011 04:36 PM ET
NEW YORK (Reuters) - News Corp awarded Rupert Murdoch and his son James big compensation increases, though James declined his bonus, citing controversy over a phone hacking scandal at the UK newspaper unit that he oversees. | Full Article
U.S. TOP NEWS
Obama backtracks on smog plan
Analysis: Damages ruling may be pivotal in BP case
Fed asks BofA to list contingency plan: report
Napolitano: no 9/11 anniversary Qaeda plot seen
Oil companies brace for Tropical Storm Lee
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