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| 1. | Samsung PC Studio |
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| Business News |
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| Wall Street tumbles, led by financials
(Reuters)
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| Microsoft CEO backs Web spending, "done" with Yahoo
(Reuters)
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| Wachovia CFO Wurtz to leave
(Reuters)
Reuters - Wachovia Corp , which posted a record $8.86 billion second-quarter loss Tuesday, said Chief Financial Officer Thomas Wurtz will resign from the fourth-largest U.S. bank after a successor is named. |
| Home sales at 10-year low, jobless claims jump
(Reuters)
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| Morgan Stanley aggressively recruiting brokers
(Reuters)
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| Jobless claims jump as housing market gets weaker
(AP)
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| Virgin Mobile USA and Korea's SK in talks: source - 10, May 2008 | |
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NEW YORK (Reuters) - Richard Branson's Virgin Mobile USA Inc and South Korea's SK Telecom Co, which controls U.S. mobile service Helio, are in early talks on a deal, a person familiar with the discussions said on Friday. By Sinead CarewNEW YORK (Reuters) - Richard Branson's Virgin Mobile USA Inc and South Korea's SK Telecom Co, which controls U.S. mobile service Helio, are in early talks on a deal, a person familiar with the discussions said on Friday.The person, who was not authorized to comment on the matter and asked not to be identified, declined to specify the nature of the talks."Virgin Mobile and SK Telecom are having preliminary talks," said the source.Recent blog reports said the talks have included scenarios such as SK Telecom buying Virgin Mobile USA, which had a market value of about $170 million, and combining it with Helio.Under one scenario that has been discussed, SK Telecom would buy out Virgin Mobile USA and do a cash infusion; then Virgin Mobile would buy Helio in an all-stock transaction, moconews.net said in a blog post on Thursday.The source told Reuters it was too soon to say how a deal would be structured, whether it would involve a merger of the U.S. entities, or a purchase of Virgin by SK, or other possibilities.Both Virgin Mobile USA -- part owned by Branson's Virgin and Sprint Nextel Corp -- and Helio rent space on Sprint's wireless network to target young cell phone users.Virgin, which has been suffering from customer defections amid U.S. economic weakness, focuses on prepaid services, where customers pay for calls in advance. 
(c) 2008 Reuters |
| Other news from Internet category: |
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| Software News |
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| Hasbro Orders Facebook to Remove 'Scrabulous'
(PC Magazine)
PC Magazine - While "DMCA" may not be a valid word in "Scrabble," it may be the "Scrabulous" software that loses a turn -- or all of them. |
| Why iPhone 2.0 won't yet rule the roost in the enterprise
(InfoWorld)
InfoWorld - Most of the world, it seemed, drank the Steve Jobs Kool-Aid about the new iPhone being a BlackBerry killer when the Apple CEO first announced the device earlier this year. But after nearly two weeks with the new iPhone 2.0 software on my iPod Touch, I can tell you that Apple has not yet delivered on that promise. |
| Attack Code Released for New DNS Attack
(PC World)
PC World - Attack code has been released for a major flaw in the Internet's DNS software. |
| Facebook to help some programmers, punish others
(AP)
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| Facebook expands winning open platform formula
(AFP)
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| Microsoft's Online Woes Hint at Larger Vulnerability
(PC World)
PC World - Microsoft has built its massive software business by watching other companies take the lead in emerging technology markets and... |
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