According to Reuters, Research In Motion (RIMM), is introducing a new, lighter version of its handheld to be called the Blackberry curve. The multimedia device is meant to broaden the company’s customer base.
Reuters writes that the Bancroft family that controls Dow Jones (DJ) has elected to take no action on News Corp’s (NWS) $5 billion offer for the company.
Reuters reports that Micrososft (MSFT) has purchased mobile ad company ScreenTonic to increase its footprint in the business of marketing to handsets.
Reuters also reports that IBM (IBM) has developed a method for making microchips run one-third faster while using less power.
The Wall Street Journal reports that T-Mobile (DT) has developed a phone that can roam WiFi spots in homes and coffee shops to improve handset performance inside buildings.
The Wall Street Journal writes that certain large shareholders of Cablevision (CVC) plan to vote against the deal to take the company private.
The Wall Street Journal reports that GM (GM) still need concessions from the UAW to keep it turnaround on track.
The Wall Street Journal also reports that IAC/Interactive (IACI) will begin an ad campaign for its Ask.com search site which trails Google (GOOG), Yahoo! (YHOO) and Microsoft (MSFT) MSN.
The Wall Street Journal says that Dunkin Donuts is planning to expand it number of stores and make the atmosphere in shops more like a coffee house, a challenge to Starbucks (SBUX)
The New York Times writes that Sprint (S) reported lower earnings and lost market share to competition.
FT writes that Carl Icahn called on the board of Motorola (MOT) to fire CEO Ed Zander.
Barron’s reports that shares of JDS Uniphase (JDSU) fell on a downbeat forecast for the next quarter.
Douglas A. McIntyre
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