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| CBS retaliates, blocks online shows for Time Warner cable customers Friday, Aug 02, 2013 06:34 PM PDT By Lisa Richwine LOS ANGELES (Reuters) - U.S. broadcast network CBS took its dispute with Time Warner Cable to the Internet, blocking access to shows on the CBS.com website for the cable operator's customers in New York and Los Angeles. The move followed Time Warner Cable's decision on Friday to drop CBS from its systems in those markets and some others, an escalation of a weeks-long fight over the fees it pays to carry the network. CBS's retaliation showed the increasingly powerful position content owners enjoy online. ... Full Story | Top |
| U.S. seeks tighter control over Apple in e-book case Friday, Aug 02, 2013 05:56 PM PDT  By Jonathan Stempel NEW YORK (Reuters) - Apple Inc is headed for a showdown with the U.S. government and dozens of states, which on Friday urged that tough new restrictions be imposed on the company for illegally conspiring to raise e-book prices. The changes proposed by the U.S. Department of Justice and 33 U.S. states and territories are designed to stop Apple from committing further antitrust violations after U.S. District Judge Denise Cote said on July 10 Apple had a "central role" in a conspiracy with five major publishers to raise e-book prices. ... Full Story | Top |
| Apple battling U.S., states over proposed e-book limits Friday, Aug 02, 2013 04:00 PM PDT  By Jonathan Stempel NEW YORK (Reuters) - Apple Inc is headed for a showdown with the U.S. government and dozens of states, which on Friday urged that tough new restrictions be imposed on the company for illegally conspiring to raise e-book prices. The changes proposed by the U.S. Department of Justice and 33 U.S. states and territories are designed to stop Apple from committing further antitrust violations after U.S. District Judge Denise Cote on July 10 said Apple had a "central role" in a conspiracy with five major publishers to raise e-book prices. ... Full Story | Top |
| Exclusive: Compuware takes another shot at sale - sources Friday, Aug 02, 2013 01:55 PM PDT By Nadia Damouni and Greg Roumeliotis and Nicola Leske NEW YORK (Reuters) - Management software company Compuware Corp has renewed efforts to sell itself, courting not just the buyers of rival BMC Software Inc but also CA Technologies Inc and other buyout firms, several people familiar with the matter said. Compuware rejected a $2.3 billion offer from New York-based hedge fund Elliott Management Corp in January and asked Goldman Sachs Group Inc and Allen & Company to seek a better offer. Seven months later, no higher bid has emerged. ... Full Story | Top |
| Yahoo buys browser RockMelt to bolster mobile, networking Friday, Aug 02, 2013 11:44 AM PDT  By Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo Inc acquired social Web browser company Rockmelt, the latest move by the struggling Web portal to scoop up technology and engineering talent that could bolster its mobile and social networking efforts. Yahoo did not disclose financial terms of the deal, but a source close to the situation said the price was between $50 million and $80 million. Yahoo will shut down the existing RockMelt product in 30 days and integrate the technology into Yahoo's media platform to "deliver content in new ways," a yahoo spokeswoman said. ... Full Story | Top |
| Fisher Communications shareholders want more from Sinclair to sell Friday, Aug 02, 2013 11:28 AM PDT By Sruthi Ramakrishnan (Reuters) - Three minority shareholders of Fisher Communications Inc said a $373 million takeover bid by Sinclair Broadcast Group Inc undervalues the TV broadcaster and are looking to activist investor Mario Gabelli to derail the offer. Sinclair, which describes itself as the largest television broadcasting group in the United States, said in April it would buy Seattle-based Fisher for $41 a share in cash to expand its operations in the western United States. Fisher shares touched a high of $41.57 on Friday, after opening at $40.90 on the Nasdaq. ... Full Story | Top |
| Michael Dell closes in on prize with sweeter $25 billion deal Friday, Aug 02, 2013 10:33 AM PDT  By Greg Roumeliotis and Eileen O'Grady NEW YORK/ROUND ROCK, Texas (Reuters) - Dell Inc and Chief Executive Michael Dell clinched a new $25 billion deal on Friday, boosting the bid and offering a special dividend in hopes of ending months of wrangling with opponents of the founder's proposed buyout of the world's No. 3 PC maker. The new agreement includes a special dividend of 13 cents per share on top of a 10-cent increase in the sale price to $13.75 per share. ... Full Story | Top |
| Dell committee and buyout group close to a deal: source Friday, Aug 02, 2013 04:34 AM PDT  (Reuters) - Dell Inc's special committee and the buyout group led by company founder and Chief Executive Michael Dell are nearing a deal that would include an offer price of $13.75 per share and a special dividend of 13 cents, a source familiar with the matter said. The deal includes changing the company's buyout voting standard to exclude from the tally shares that do not cast votes, the source said. Silver Lake declined to comment and a Dell representative could not immediately be reached. (Reporting by Greg Roumeliotis in New York and Sruthi Ramakrishnan in Bangalore, Editing by Ted Kerr) Full Story | Top |
| Dell committee and buyout group close to a deal: WSJ Friday, Aug 02, 2013 03:50 AM PDT  (Reuters) - Dell Inc's special committee and the buyout group led by the company's founder and chief executive, Michael Dell, are close to a deal, the Wall Street Journal reported, citing sources. Dell shareholders are scheduled to convene for a third time on Friday to vote on Michael Dell's $24.4 billion buyout proposal, helping decide the fate of the No. 3 PC maker after months of dueling with Carl Icahn and other unhappy investors. (Reporting by Sruthi Ramakrishnan in Bangalore,) Full Story | Top |
| T-Mobile Austria challenges spectrum auction terms Friday, Aug 02, 2013 02:44 AM PDT  By Georgina Prodhan and Angelika Gruber VIENNA (Reuters) - T-Mobile Austria has filed a challenge to the terms of an auction due to be held in September for frequencies that will enable operators to build fourth-generation (4G) networks, its lawyer said. The move may create uncertainty around the auction for the 4G Long-Term Evolution (LTE) networks, which aims to raise at least 526 million euros ($698 million) and is necessary before 4G networks can be rolled out nationwide. ... Full Story | Top |
| Renesas to close Japan plant making chips for game consoles, cameras Friday, Aug 02, 2013 12:24 AM PDT TOKYO (Reuters) - Japan's Renesas Electronics Corp said Friday it will close a plant that makes system LSI chips for Nintendo Co Ltd's game consoles and other consumer electronics after failing to find a buyer for the facility in Tsuruoka in northern Japan. Employing 1,000 people, the factory struggled to make money as game console makers and camera makers it supplied were hurt by competition from smartphones and tablets that users can use to play games and take photographs. Amid the squeeze on those chips, Renesas, which will receive 150 billion yen ($1. ... Full Story | Top |
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