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Reuters - 22 minutes ago
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Intel seen winning EU approval for McAfee deal: sources
BRUSSELS - Intel Corp <INTC.O> is set to win EU approval next week for its $7.68 billion purchase of security software maker McAfee Inc <MFE.N> after offering more concessions to ease antitrust concerns, two sources with direct knowledge of the matter said on Thursday. The company has already secured clearance from the U.S. Federal Trade Commission to acquire McAfee, the world's No. 2 purveyor of anti-virus software after Symantec Corp <SYMC.O>. McAfee's other competitors include Finland's F-Secure <FSC1V.HE>, and German companies Avira and G Data.
T-Mobile USA eyes potential tower sale
NEW YORK - T-Mobile USA is looking at the possibility of selling nonstrategic assets such as its broadcast cellular towers in order to raise additional funds for capital spending, according to the head of its parent company Deutsche Telekom AG. <DTEGn.DE> Deutsche Telecom Chief Executive Rene Obermann said on Thursday that a sale could generate "significant" funding to improve the financial self-sufficiency of the No. 4 U.S. mobile service, which has been a drag on DT results.
HP directors to investigate Mark Hurd's departure: filing
SAN FRANCISCO - A committee of Hewlett Packard <HPQ.N> directors will investigate former CEO Mark Hurd's departure from the company amid sexual harassment allegations last year, according to a recent court filing. The inquiry comes in the course of shareholder litigation involving the company. The investigation will be conducted by independent directors who joined HP's board after Hurd's departure, assisted by outside lawyers, the January 14 court filing shows.
NEC and Lenovo in PC joint venture talks: report
- Japan's NEC Corp <6701.T> and China's Lenovo Group Ltd <0992.HK> are in the final stages of talks for a tie-up in the personal computer business, the Nikkei business daily said. Lenovo may take a majority stake in NEC Personal Products Ltd, a wholly owned NEC unit, that makes and sells personal computers, the daily reported.
Guinness releases wacky videogame records
LONDON - The most perfect virtual bowler, the most swearing in a videogame and the most popular game on Facebook are just some of the records listed in the 2011 gamer's bible of wacky achievements from Guinness World Records. The new "Guinness World Records 2011 Gamer's Edition" published on Thursday features an array of record holders from pensioners to schoolchildren, demonstrating the extent to which people from all walks of life have embraced videogames.
Analysis: Traffic jams unlikely on Cuban data highway
HAVANA - A Venezuelan fiber optic cable should plug Cuba into high-speed Internet within months, but it may not immediately bring an explosion in connectivity to inhabitants of the communist-ruled Caribbean island. Virtual highways in Cuba, known for its 1950s autos and low car ownership, are also dated and the small number of individuals logged on makes it one of Latin America's least wired nations.
Google to ride busy holidays, faces growth question
SAN FRANCISCO - Google Inc <GOOG.O> is expected to report a 22 percent jump in fourth-quarter revenue thanks to a busy holiday season, though it will face questions about long-term growth when it unveils results on Thursday. Shares of the world's No.1 Internet search engine underperformed the market in 2010 but have gained roughly 6 percent in the past three weeks as investors anticipate that Google will benefit from healthy online advertising spending.
Mobile marketer TIM w.e. eyes U.S. listing: sources
LONDON/NEW YORK - TIM w.e., a Portuguese mobile and digital marketing company, is planning to list on New York's Nasdaq, three people familiar with the matter said on Thursday. TIM w.e. has hired Credit Suisse as its lead adviser on the initial public offering, two of the people said, although it is likely to add other banks later.
Swiss ex-banker faces new probe over WikiLeaks data
ZURICH/LONDON - Police questioned former banker Rudolf Elmer on Thursday over possible fresh breaches of Swiss bank law for giving data to WikiLeaks this week, a day after he was found guilty of violating bank secrecy. Authorities have 48 hours from Elmer's arrest to decide whether they have grounds to hold him in custody for longer, state prosecutor Peter Pellegrini said on Thursday.
Wi-LAN and Broadcom to settle patent lawsuits
- Patent licensing firm Wi-LAN Inc <WIN.TO> said it would settle its patent litigations with U.S. chipmaker Broadcom Corp <BRCM.O> for an undisclosed amount. The agreement, which is to be finalized in the next few weeks, calls for Broadcom to take a multi-year license for Wi-LAN's patent portfolio.
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HP to investigate former CEO's departure AFP - 18 minutes ago
US-TECH Summary Reuters - 22 minutes ago
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Mobile marketer TIM w.e. eyes U.S. listing: sources Reuters - 30 minutes ago
Intel seen winning EU approval for McAfee deal: sources Reuters - 1 hour 8 minutes ago
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