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Wednesday, December 7, 2011

Technology Report: AT&T vows to keep pursuing T-Mobile merger

Reuters
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12/7/2011
News Good afternoon
Research In Motion has unceremoniously dumped the "BBX" brand name it had chosen two months ago for its new BlackBerry operating system after a U.S. court embarrassed the beleaguered smartphone maker by slapping a temporary ban on its use.

AT&T plans to forge ahead with its deal to buy Deutsche Telekom's U.S. wireless unit despite fierce regulatory opposition, and it has the financial resources to close the acquisition quickly, a top executive says.

Heineken is linking with social networking website Facebook to boost its global digital marketing, with the first fruits of the partnership being an online campaign aimed at making responsible drinking cool.

Online sales climbed 15.6 percent in November and are doing well so far in December, as shopping from computers, tablets and mobile phones gain in popularity, according to data released by IBM Benchmark.
LATEST NEWS
AT&T vows to keep pursuing T-Mobile merger
December 07, 2011 02:15 PM ET
NEW YORK (Reuters) - AT&T Inc plans to forge ahead with its deal to buy Deutsche Telekom's U.S. wireless unit despite fierce regulatory opposition, and it has the financial resources to close the acquisition quickly, a top executive said on Wednesday. | Full Article
RIM walks away from BBX name after trademark fight
December 07, 2011 12:17 PM ET
TORONTO (Reuters) - Research In Motion has unceremoniously dumped the "BBX" brand name it had chosen two months ago for its new BlackBerry operating system after a U.S. court embarrassed the beleaguered smartphone maker by slapping a temporary ban on its use. | Full Article
Heineken links with Facebook in digital drive
December 07, 2011 02:39 PM ET
LONDON (Reuters) - Brewing giant Heineken is linking with social networking website Facebook to boost its global digital marketing, with the first fruits of the partnership being an online campaign aimed at making responsible drinking cool. | Full Article
HTC says no plan to change Q4 guidance yet
December 07, 2011 03:07 AM ET
TAIPEI (Reuters) - HTC Corp has no plans for now to change its fourth-quarter sales guidance, as shares in the world's No.4 smartphone maker tumbled nearly 7 percent on Wednesday on worries that a 30 percent drop in monthly sales may point to worse times ahead. | Full Article
Online sales rose 15.6 percent in November: IBM Benchmark
December 07, 2011 10:35 AM ET
(Reuters) - Online sales climbed 15.6 percent in November and are doing well so far in December, as shopping from computers, tablets and mobile phones gain in popularity, according to data released by IBM Benchmark on Wednesday. | Full Article
BUSINESS NEWS
Wall Street wavers with eyes on EU summit
December 07, 2011 01:51 PM ET
NEW YORK (Reuters) - Stocks were little changed in choppy, light trading on Wednesday as investors weighed high expectations about an upcoming euro zone summit against headline-driven selling. | Full Article
Germany pours cold water on EU summit hopes
December 07, 2011 02:37 PM ET
PARIS/BERLIN (Reuters) - Pessimistic comments from EU paymaster Germany and new figures exposing deepening stress among Europe's banks dented financial market hopes of a turning point in the euro zone's debt crisis at a summit this week. | Full Article
Exclusive: D.Boerse, NYSE mull spin-off on EU demands
December 07, 2011 11:44 AM ET
FRANKFURT (Reuters) - Deutsche Boerse AG and NYSE Euronext could spin off parts of their derivatives arms to create a third-party competitor as a way to allay anti-trust concerns about their $9 billion merger, two sources familiar with the Boerse's thinking said. | Full Article
BP faces more citations, Halliburton dispute
December 07, 2011 02:32 PM ET
WASHINGTON (Reuters) - BP was hit with five more safety citations from the U.S. government on Wednesday, while it also received the latest legal salvo from a major contractor, as it continues to deal with fallout from last year's massive oil blowout in the Gulf of Mexico. | Full Article
AstraZeneca slashes 1,150 U.S. sales jobs
December 07, 2011 02:10 PM ET
LONDON (Reuters) - AstraZeneca is cutting nearly a quarter of its U.S. sales force in a second wave of redundancies in as many months as it seeks to reduce costs. | Full Article
U.S. TOP NEWS
Republican candidates rattle sabers against Iran
Blagojevich sentenced to 14 years for corruption
Olympus board signals it will quit
Boeing union members line up to vote on contract
Assad says only "crazy" leaders kill own people
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