Technology, Media & Telecommunications
Motorola's chief strategy and tech officer quits
NEW YORK, May 16 (Reuters) - Rich Nottenburg, Motorola Inc's chief strategy and technology officer, has become the latest senior staff member to exit since activist investor Carl Icahn strengthened his influence, a spokeswoman said on Friday. Full Article
Reuters Summit-Microsoft braces for major customer shift
(For other news from the Reuters Global Technology, Media and Telecoms Summit, click on http://www.reuters.com/summit/Technology08?pid=500) Full Article
Take-Two stock exceeds EA's bid before deadline
SAN FRANCISCO, May 16 (Reuters) - Investors appear to be betting that Electronic Arts Inc will raise its $2 billion offer for rival video game maker Take-Two Interactive Software Inc as the bid is set to expire at midnight on Friday. Full Article
Wireless chip market grew 7.6 pct in 2007-iSuppli
NEW YORK, May 16 (Reuters) - Wireless chip growth outpaced the overall chip market in 2007 and Qualcomm Inc led with 24 percent chip revenue growth, helping it overtake Texas Instruments , according to a report from technology researcher iSuppli. Full Article
Lawmakers fret about Charter Web tracking plan
WASHINGTON (Reuters) - Two U.S. lawmakers raised privacy concerns on Friday about plans by cable company Charter Communications to track some subscribers' Internet visits and asked for a meeting before the program goes ahead. Full Article
"Narnia" sequel due to roar at North American box office
LOS ANGELES (Reuters) - A talking lion is expected to devour Marvel superhero "Iron Man" at the North American box office this weekend, as Walt Disney Co. opens its much-anticipated fantasy sequel "The Chronicles of Narnia: Prince Caspian." Full Article
UPDATE 2-US appeals court declines to reverse set-top rule
WASHINGTON, May 16 (Reuters) - Comcast Corp , the top U.S. cable operator, suffered a legal setback on Friday in its effort to reverse federal restrictions on the type of set-top box it can offer customers. Full Article
Time Warner Chairman likely to step down
NEW YORK (Reuters) - Time Warner Inc Chairman Richard Parsons said he is likely to step down in the next year, clearing the path for Chief Executive Jeffrey Bewkes to assume the role. Full Article
Funds deny knowledge of Deutsche stake in Atos
PARIS, May 16 (Reuters) - Activist funds Pardus and Centaurus, which are trying to force changes at French IT services firm Atos Origin, said on Friday they had no connection with a 6.26 percent stake disclosed by Deutsche Bank . Full Article
Moody's says may cut Sprint ratings to junk
NEW YORK, May 16 (Reuters) - Moody's Investors Service on Friday said it may cut Sprint Nextel Corp rating to junk bond levels on concerns about the company's ability to improve its operations and generate enough cash. Full Article
| Symbol | Bid | Ask |
|---|---|---|
| BRENT CRUDE | $0.00 | $0.00 |
| GOLD | $0.00 | $0.00 |
| SILVER | $0.00 | $0.00 |
