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Microsoft Prevails Against Google in ITC Xbox Case

Steven D. Jones, Reporter, Dow Jones Newswires in News on May 23 at 5:12 pm PT

A federal trade panel has ruled that Microsoft Corp.’s Xbox doesn’t infringe on wireless patents owned by Motorola Mobility, another in a series of legal decisions that could quiet patent litigation surrounding popular consumer electronic devices.

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Dish Secures $9 Billion in Committed Financing for Sprint Bid

Shalini Ramachandran and Anton Troianovski, Reporters, The Wall Street Journal in Mobile on May 23 at 4:37 pm PT

Dish Network Corp. took one step closer to arranging $9 billion in committed financing for its $25.5 billion bid for Sprint Nextel Corp., according to people familiar with the matter.

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Google Copies Amazon’s Playbook

Greg Bensinger and Amir Efrati, Reporters, The Wall Street Journal in Commerce on May 23 at 3:39 pm PT

Google Inc. co-founders Larry Page and Sergey Brin say they don’t pay much attention to rivals. But the search company increasingly appears to be following Amazon.com Inc.’s lead.

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AT&T Imposes New 61-Cent Monthly Wireless Fee

Thomas Gryta, Reporter, The Wall Street Journal in Mobile on May 23 at 2:46 pm PT

AT&T Inc. has added a new monthly administrative fee of 61 cents to the bills of all of its contract wireless lines as of May 1, a move that could bring in more than a half-billion dollars in annual revenue to the telecom giant.

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Cost Controls Help Lenovo Profit

Paul Mozur and Juro Osawa, Reporters, The Wall Street Journal in News on May 23 at 9:50 am PT

Chinese personal-computer maker Lenovo Group Ltd. said profit in its latest quarter rose 90 percent from a year earlier because of cost controls, stronger pricing and robust shipments.

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Online Gambling Bets on Return to U.S.

Alexandra Berzon, Reporter, The Wall Street Journal in News on May 23 at 6:30 am PT

The Isle of Man is the headquarters for PokerStars, the largest online poker company in the world by a wide margin. And it is from this unusual perch the company is playing a difficult hand: just two years after being shut down in the U.S., and with its founder living here with a warrant out for his arrest, it wants to return to the U.S.

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Wary of China, U.S. Steps Into Sprint’s Board

Anton Troianovski, Danny Yadron and Spencer E. Ante, Reporters, The Wall Street Journal in Mobile on May 23 at 4:37 am PT

SoftBank Corp. is readying a plan to allow the U.S. government an unusual level of influence over the operations of Sprint Nextel Corp., a concession to ease security concerns raised by the proposed cross-border takeover.