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2008/06/16

FCC Chief Will Seek Approval of XM-Sirius Deal; T-Mobile 3G iPhones for1 Euro in Germany


FCC Chief Will Seek Approval of XM-Sirius Deal
The head of the U.S. Federal Communications Commission said on Monday he will propose that the agency conditionally approve Sirius Satellite Radio Inc's purchase of rival XM Satellite Radio Holdings Inc. Read this story

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T-Mobile 3G iPhones for1 Euro in Germany
Deutsche Telekom AG's T-Mobile will sell Apple Inc’s new iPhone for as little as 1 euro ($1.54) for the 8-gigabyte version together with a 69 euro monthly contract, it said on Monday. Read this story


Yahoo Investor Urges Board Compromise with Icahn
Dissident Yahoo Inc investor Eric Jackson on Monday urged fellow shareholders to vote for a board comprising five existing directors and four nominees from billionaire investor Carl Icahn's slate. Read this story


Microsoft Offered $9B for Yahoo Stake, Search Deal
When Yahoo Inc turned down the latest offer from Microsoft Corp this week, it walked away from $9 billion in cash and $1 billion a year in additional operating profit, Microsoft said on Friday. Read this story


Skype CEO: Company Has Full eBay Support
The chief executive of Internet calling company Skype reiterated Monday that his unit enjoyed the full support of parent firm eBay and expressed optimism about the company's potential. Read this story


Study: Voters Increasingly Turning to Web
Approximately 46 percent of Americans have used the Internet, e-mail or cell phone text messaging to get information about the 2008 elections, share their opinions, and to influence others, and the Obama campaign is taking the lead in online political activism, according to a Sunday study from the Pew Internet & American Life Project. Read this story


Sirius, XM Shares Rise as Deal Nears Closure
Sirius Satellite Radio's acquisition of rival XM Satellite Radio Holdings Inc appeared on Monday to draw closer to consummation -- after some 16 months -- driving the shares of Sirius up 14 percent. Read this story


IBM, Japan's TOK to Develop Solar Technology
IBM has joined forces with semiconductor process company Tokyo Ohka Kogyo (TOK) to develop more efficient solar power technologies to cut the cost of the clean energy source, the companies said on Monday. Read this story


Bosch, Samsung SDI Partner for Hybrid Car Battery
Robert Bosch and Samsung SDI have signed a contract to form a hybrid electric vehicle battery joint venture to boost their presence in the next-generation energy business, Samsung said on Monday. Read this story

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