Technology Report: AT&T mulling whether, how to revise T-Mobile deal

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	12/12/2011
Good afternoon Intel Corp warned that hard-disk drive supply shortages would hurt its current quarter revenue, the latest heavyweight in the PC industry to caution over the effects of flooding that has crippled factories in Thailand. Amazon.com said it will release a software update for the Kindle Fire tablet to improve performance, make touch navigation easier and let users choose what items are displayed, according to Bloomberg. AT&T is considering whether or not it will try to revise its planned purchase of T-Mobile USA, the company's first signal that it may have to give up on the proposed $39 billion merger. Facebook is probably not the first place that comes to mind when contemplating new career opportunities. But career search website Monster.com hopes to change that with BeKnown, a professional networking app that allows users to build their professional identities within Facebook. New York Times asks: Are people suffering from gadget overload? LATEST NEWS AT&T mulling whether, how to revise T-Mobile deal December 12, 2011 02:35 PM ET (Reuters) - AT&T is considering whether or not it will try to revise its planned purchase of T-Mobile USA, the company's first signal that it may have to give up on the proposed $39 billion merger. | Full Article Intel says sales hit by hard drive shortage December 12, 2011 01:23 PM ET (Reuters) - Intel Corp warned that hard-disk drive supply shortages would hurt its current quarter revenue, the latest heavyweight in the PC industry to caution over the effects of flooding that has crippled factories in Thailand. | Full Article Olympus ex-CEO to meet MPs, push for Japan reform: source December 12, 2011 12:51 PM ET TOKYO (Reuters) - The whistleblower in a $1.7 billion accounting scandal at Japan's Olympus Corp, ex-CEO Michael Woodford, plans to meet ruling-party lawmakers in Tokyo this week as he lobbies for reforms to Japanese boardrooms, a source said on Monday. | Full Article Activision game crosses $1 billion in sales December 12, 2011 10:35 AM ET (Reuters) - Activision Blizzard, the biggest U.S. video game publisher by market capitalization, said its game Call of Duty: Modern Warfare 3 crossed $1 billion in sales since its launch on November 8. | Full Article India shuts server linked to Duqu computer virus December 12, 2011 11:39 AM ET (Reuters) - Indian authorities are investigating a computer server in Mumbai for links to the Duqu malicious software that some security experts warned could be the next big cyber threat. | Full Article BUSINESS NEWS Wall St slides on euro zone deal doubts, Intel view December 12, 2011 02:31 PM ET NEW YORK (Reuters) - Stocks fell on Monday after the three major credit ratings agencies issued new warnings that European leaders have failed to take the coordinated action necessary to tackle the region's debt crisis. | Full Article Euro zone fiscal pact fails to restore confidence December 12, 2011 02:19 PM ET LONDON/PARIS (Reuters) - A European summit deal to strengthen budget discipline in the euro zone failed to restore financial market confidence on Monday, forcing the European Central Bank to step in again gingerly. | Full Article Greece hopes for end-January debt swap deal December 12, 2011 01:00 PM ET ATHENS (Reuters) - Greece wants to move fast in bailout talks with the EU, IMF and bankers, Finance Minister Evangelos Venizelos said on Monday, reaffirming the aim of clinching a voluntary debt restructuring deal by end-January before the country heads to elections. | Full Article Analysis: Pain may not be over for U.S. banks December 12, 2011 02:02 PM ET NEW YORK (Reuters) - Even experienced Wall Street contrarians are eyeing the beaten-down U.S. financial sector warily. | Full Article Martin Marietta makes $5 billion bid for Vulcan December 12, 2011 12:33 PM ET (Reuters) - Construction aggregates maker Martin Marietta Materials Inc made an unsolicited $5 billion offer to buy larger rival Vulcan Materials Co in stock, in a bid to create the global leader in the industry. | Full Article U.S. TOP NEWS Two Putin-era Russians seek liberal mantle Supreme Court to decide Arizona immigration law Obama says U.S. will be loyal partner for Iraq Putin ally wants new liberal party after Russia protests Anti-Wall Street activists rally at West Coast ports RELATED VIDEO Guardbot, the all around robot sentry of the future Spotify makes 'radio' play Morning Briefing: Euro zone deal; Zynga hatches IPO A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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