East Coast Tech Correspondent
Nicola's Feed
Dec 2, 2011

Cisco set on proving it can succeed in tablet market

Dec 2 (Reuters) – Cisco Systems Inc (CSCO.O: Quote, Profile, Research) is stepping
up its push to sell its Cius tablet computers to corporate
customers, defying skeptics who say the product is short of the
sex appeal and brand recognition it would need to win over the
workforce.

In a sign of its confidence, Cisco says it will soon
introduce a 4G version of the Cius, an upgrade to the 7-inch
tablet computer that it began shipping to corporate customers
in August. Cius, which plugs into a phone docking station, is
built on Google Inc’s (GOOG.O: Quote, Profile, Research) Android operating software.

Nov 25, 2011

Dealtalk: In twist, blocking AT&T deal could hurt rivals

NEW YORK (Reuters) – Driven by antitrust concerns, U.S. regulators are fighting hard to block AT&T’s (T.N: Quote, Profile, Research, Stock Buzz) $39 billion deal to buy Deutsche Telekom’s (DTEGn.DE: Quote, Profile, Research, Stock Buzz) T-Mobile USA. But, in an ironic twist, smaller U.S. wireless rivals may suffer more if the deal is blocked than if it is approved.

T-Mobile USA would emerge as a stronger, scrappier competitor thanks in large part to the hefty breakup fee it is entitled under the AT&T deal. And on its own, it is likely to fight harder for the low end of the market that is currently the playing ground for the likes of Sprint Nextel Corp, MetroPCS Communications Inc (PCS.N: Quote, Profile, Research, Stock Buzz) and Leap Wireless International (LEAP.O: Quote, Profile, Research, Stock Buzz), analysts said.

Nov 25, 2011

In twist, blocking AT&T deal could hurt rivals

NEW YORK Nov 25 (Reuters) – Driven by antitrust concerns,
U.S. regulators are fighting hard to block AT&T’s $39
billion deal to buy Deutsche Telekom’s T-Mobile USA.
But, in an ironic twist, smaller U.S. wireless rivals may
suffer more if the deal is blocked than if it is approved.

T-Mobile USA would emerge as a stronger, scrappier
competitor thanks in large part to the hefty breakup fee it is
entitled under the AT&T deal. And on its own, it is likely to
fight harder for the low end of the market that is currently
the playing ground for the likes of Sprint Nextel Corp,
MetroPCS Communications Inc and Leap Wireless
International , analysts said.

Nov 23, 2011

Google ready for holiday price war with Chromebook rentals

Unfazed by what looks like uninspiring sales, Google is more determined than ever to win over customers for its Chromebook.  And it’s starting by wooing New Yorkers.

With that in mind, Google set up shop in the city’s swanky Columbus Circle shopping mall in Samung’s flagship store just in time for the holiday shopping season.

Nov 10, 2011

Cisco Q2 beats cautious Street view

By Nicola Leske and Liana Baker

(Reuters) – Cisco Systems Inc forecast revenue and earnings above Wall Street expectations as demand from government and enterprises for its network equipment remained resilient despite global economic troubles.

Analysts had expected conservative quarterly guidance, given the economic uncertainty.

Nov 8, 2011

Cisco CEO must convince Street its woes are over

NEW YORK (Reuters) – Cisco Systems Inc has won cautious endorsement for its months-long overhaul but now must convince Wall Street its troubles are a thing of the past and it can return to steady growth.

Cisco, a sector bellwether because of its global scale and diverse client base, in September acknowledged an end to an era of scorching growth after scaling back on consumer businesses and laying off thousands in a sweeping 4-month overhaul.

Oct 10, 2011

Finance whiz and music lover to be Bertelsmann CEO

FRANKFURT (Reuters) – Bertelsmann, Europe’s largest media company, said its Chief Financial Officer Thomas Rabe will take over as chief executive at the start of next year, succeeding Hartmut Ostrowski.

Ostrowski, who took the helm in 2008, will take a seat on Bertelsmann’s supervisory board, the company said, adding Ostrowski was making the switch for personal reasons.

Oct 10, 2011

Bertelsmann CFO Rabe to become CEO Jan 1

FRANKFURT, Oct 10 (Reuters) – Bertelsmann ,
Europe’s largest media company, said its Chief Financial Officer
Thomas Rabe will take over as chief executive at the start of
next year, succeeding Hartmut Ostrowski.

Ostrowski, who took the helm in 2008, will take a seat on
Bertelsmann’s supervisory board, the German company said,
confirming a report in manager magazin on Monday, which said
Ostrowski would become the board’s chairman.

Oct 5, 2011

ProSieben looks beyond TV to boost sales

FRANKFURT, Oct 5 (Reuters) – German commercial broadcaster
ProSieben aims to generate 750 million euros ($996 million) in
additional revenue by 2015 and reduce its dependency on the
German TV advertising market by increasing its non-TV operations
and expanding abroad.

Like other broadcasters, ProSieben is keen to broaden its
offers amid fragmenting audiences and slumping ad revenues.

Sep 30, 2011

Axel Springer offers to buy parts of WAZ media

FRANKFURT, Sept 30 (Reuters) – German publisher
Axel Springer AG (SPRGn.DE: Quote, Profile, Research, Stock Buzz) has made an offer for parts of WAZ
media group, one of the country’s largest publishing houses,
setting up a bid battle with a WAZ shareholder.

A spokeswoman for Axel Springer on Friday confirmed a media
report, saying the Berlin-based publisher made an offer and that
due diligence was still pending, declining to say how much money
Springer had offered.