According to Reuters, the CEO of Microsoft (MSFT) said that company would consider a major M&A deal if it would fill in a large strategic hole in the company’s buinesses.
Reuters writes that the CEO of HBO was pushed out by Time Warner (TWX) after his was arrested for a domestic incident in Las Vegas.
Reuters writes that Toyota (TM) will bring down costs enough on hybrids so that they will have the same margins as gas-powered cars by 2010
Reuters writes that Toyota’s profits fell in the last quarter and that it is forecasting slower growth.
Reuters also writes that Microsoft is selling over $1 billion in software to Chinese PC company Lenovo.
The Wall Street Journal reports that News Corp (NWS) met with the head of Dow Jones (DJ) to talk about an offer a week earlier than had previously been reported.
The WSJ writes that News Corp social network MySpace is expected to announce a deal with sister company Fox Sports to give the NFL a larger online precense during the Super Bowl.
The Wall Street Journal reports that EADS had a loss in the last quarter because of troubles at its Airbus operations.
The WSJ reports that DirecTV’s (DTV) profits rose 43% helped by lower churn rates.
The New York Times reports that the head of Magna International had confirmed the company’s bid for DaimlerChysler (DCX) unit Chrysler.
The New York Times also writes that Microsoft has bought 8% of online website Career Builder. The company is owned by The Tribune Company (TRB), Gannett (GCI) and McClatchy (MNI).
FT reports that the value of shares traded on Chinese markets is now larger than all other exchanges in Asia.
The FT reports that Intel’s (INTC) more powerful chips for laptops are helping drive strong sales in that segment of the PC market.
Barron’s reports that MySpace’s social network and its underlying software could be a big threat to Google (GOOG)
Douglas A. McIntyre
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