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AT&T’s (NYSE:T) talks to sell T-Mobile assets have died down, sources say, the strongest sign to date that the $39B deal may fall apart. A divestiture could have helped push the deal past regulators, so AT&T will likely have to choose now between fighting the Department of Justice in court or settling for a scaled-back arrangement such as a JV or minority stake.
Samsung (PINK:SSNLF) takes aim in the tech world’s ongoing patent war, filing new claims against Apple (NASDAQ:AAPL) in an ongoing infringement case in Germany. The four new complaints include the use of emoticons.
Don’t Miss: Zynga Shares Continue Downward Spiral.
Eastman Kodak (NYSE:EK) is reportedly having a hard time raising much-needed cash. Sources are saying the firm is facing difficulty both in selling some of its patents and in borrowing more money. Kodak needs at least partial success in its efforts to help keep it out of bankruptcy court.
British Telco (NYSE:BT) is suing Google (NASDAQ:GOOG) for infringement of six patents it claims cover everything from search to Google Maps to Android. Matt Rosoff sees the suit as more evidence the patent system is out of control, but concludes BT’s move “looks like negotiations in public, with a settlement soon to follow.”
Emulex’s (NYSE:ELX) products, according to the ruling of a California court, are infringing on two of Broadcom’s (NASDAQ:BRCM) patents. The products include Ethernet chips used in storage adapter cards based on next-gen Fibre Channel over Ethernet technology, as well as storage switches that rely on traditional fibre channel technology. Broadcom is seeking a permanent injunction on the sale of the infringing products.
Investing Insights: Saudi Prince Buys 3% Stake in Twitter.
Belden (NYSE:BDC), a networking cable maker trades lower after stating it will make a C$22/share ($C280M) offer for RuggedCom, a Canadian maker of industrial-grade networking gear. RuggedCom says it has formed a special committee to evaluate Belden’s proposal. Its shares are currently trading at C$22.66 on the Toronto exchange (up 66.5%), which suggests investors expect a higher bid.
Google’s (NASDAQ:GOOG) Eric Schmidt tells an Italian paper his company will release a high-end tablet. Presumably it will be based on Ice Cream Sandwich, in the next 6 months. The iPad has thus far left every high-end rival fighting for scraps Google needs to hope the Kindle Fire’s (NASDAQ:AMZN) success, mixed blessing though it is, will help narrow Apple’s (NASDAQ:AAPL) tablet app lead relative to Android.
Don’t Miss: A Glimpse into Amazon’s Corporate Strategy.
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