Tech wrap: Is the DoJ right to oppose the AT&T, T-Mobile deal?

August 31, 2011

The Justice Department sued to block AT&T’s $39 billion deal to buy T-Mobile USA because eliminating T-Mobile as a competitor would be disastrous for consumers and would raise prices, particularly because the smaller provider offers low prices, the lawsuit said. The lawsuit is a serious attempt to halt a “fundamentally flawed” deal, not a tactic to wring out-sized concessions from AT&T, a source familiar with the lawsuit said.

Tech wrap: HP TouchPad’s second coming?

August 30, 2011

In an interview with Reuters, the head of HP’s PC business Todd Bradley gave the throngs of people who lined up outside stores to snap up discontinued and deeply discounted TouchPads hope that the company wouldn’t abandon them, saying the tablet could be resurrected. This, as the TouchPad was on track to become the second-best selling tablet of all time behind Apple’s iPad.

Tech wrap: Breaking down Zynga’s possible IPO delay

August 29, 2011

One of tech’s most anticipated public offerings of the year could be delayed, according to a report in the New York Post on Monday. Online gaming company Zynga may hold off on its IPO until November said The Post, citing a “source close to the company.”

Facebook is facing the music — is Google calling the tune?

August 26, 2011

Pssssst — wanna know a secret? Facebook is feeling the heat from the surprisingly successful launch of Google+. There is vigorous competition from the search-and-advertising giant many assumed couldn’t shoot straight when it came to social media.

Tech wrap: Google fined over drug ads

August 24, 2011

Google has agreed to pay $500 million to settle a probe into ads it accepted for online Canadian pharmacies selling drugs in the United States, the U.S. Justice Department said on Wednesday. The forfeiture is one of the largest ever in the United States, according to the DOJ. It represents Google’s revenue from Canadian pharmacy advertisements to U.S. customers through Google’s AdWords program and Canadian pharmacies’ revenue from U.S. sales.

Tech wrap: HP’s TouchPad sell-off

August 22, 2011

Hewlett-Packard has finally discovered the magic price point for its TouchPad tablet: $99. The tech giant announced the new low price for the 16 GB model of the recently discontinued device over the weekend, also dropping the price for its 32 GB version to $149. Retailers such as Best Buy, Staples and Walmart followed HP’s lead by offering TouchPad fire sales of their own.

Tech wrap: HP investors running for cover

August 19, 2011

Shares of Hewlett-Packard slumped by more than 20 percent to a six-year low on Friday as investors wiped about $16 billion off the market value of the world’s biggest PC maker in a resounding rejection of its plan for a major shake-up.

Tech wrap: HP spinning off PC division

August 18, 2011

Hewlett-Packard is close to a deal to buy software company Autonomy for $10 billion and will announce a long-rumored spinoff of its PC division.

Tech wrap: Companies continue patent buys

August 17, 2011

Tech giants continued attempts to shore up their patent portfolios continued on Wednesday, with InterDigital being targeted by Apple, Nokia and Qualcomm.

Tech wrap: Apple involved in legal battles

August 16, 2011

Samsung can sell its latest iPad rival in most of Europe again after a German court lifted most of an injunction it had imposed at Apple’s request.