East Coast Tech Correspondent
Nicola's Feed
Dec 25, 2011

Web gambling gets boost from Obama administration

WASHINGTON (Reuters) – The Obama administration cleared the way for states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.

A Justice Department opinion dated September and made public on Friday reversed decades of previous policy that included civil and criminal charges against operators of some of the most popular online poker sites.

Dec 21, 2011

AT&T gives up on $39 billion bid for T-Mobile USA

By Nicola Leske and Sinead Carew

(Reuters) – AT&T has dropped its controversial $39 billion bid for Deutsche Telekom’s U.S. wireless unit, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives.

AT&T will have to find another way to address its shortage of wireless airwaves while Deutsche Telekom has to go back to the drawing board on what to do with T-Mobile USA, the struggling U.S. business it had desperately wanted to shed.

Dec 20, 2011

AT&T gives up on $39 bln bid for T-Mobile USA

Dec 19 (Reuters) – AT&T has dropped its
controversial $39 billion bid for Deutsche Telekom’s
U.S. wireless unit, bowing to fierce regulatory opposition and
leaving both companies scrambling for alternatives.

AT&T will have to find another way to address its shortage
of wireless airwaves while Deutsche Telekom has to go back to
the drawing board on what to do with T-Mobile USA, the
struggling U.S. business it had desperately wanted to shed.

Dec 19, 2011

AT&T drops $39 billion bid to buy T-Mobile USA

By Nicola Leske

(Reuters) – AT&T has dropped its controversial $39 billion bid for Deutsche Telekom’s wireless U.S. unit, bowing to regulatory opposition over the deal that would have made it the largest cellphone operator in the country.

AT&T had said it urgently needed to buy T-Mobile USA to help overcome a spectrum shortage, while Deutsche Telekom saw it as a way to exit the U.S. market to focus on its European operations. Once a cash cow, T-Mobile USA has been loosing customers.

Dec 12, 2011

Intel says sales hit by hard drive shortage

Dec 12 (Reuters) – Intel Corp (INTC.O: Quote, Profile, Research) warned that
fourth-quarter results would miss its previous forecast due to
hard disk drive supply shortages caused by floods in Thailand.

Thailand said last month that output of hard disk drives
fell 52.4 percent in October from a year earlier as the worst
flooding in 50 years swamped factories. [ID:nL4E7M91KZ]

Dec 7, 2011

AT&T vows to keep pursuing T-Mobile merger

NEW YORK (Reuters) – AT&T Inc (T.N: Quote, Profile, Research, Stock Buzz) plans to forge ahead with its deal to buy Deutsche Telekom’s (DTEGn.DE: Quote, Profile, Research, Stock Buzz) 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.

“We continue to move forward with our efforts to complete the T-Mobile transaction…and we will continue to pursue the sale,” AT&T Chief Financial Officer John Stephens said at the UBS media conference in New York.

Dec 2, 2011

Analysis: Cisco set on proving it can succeed in tablet market

By Nicola Leske

(Reuters) – Cisco Systems Inc 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 Android operating software.

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.