News Byte

Google Takes $500M Charge Related to DOJ Ad Probe

Google’s latest 10-Q filing with the SEC became public today and revealed the company had taken a previously undisclosed $500 million charge in the quarter that ended March 31 “in connection with a potential resolution of an investigation by the United States Department of Justice into the use of Google advertising by certain advertisers.” No further elaboration was forthcoming.

News Byte

Google, EU Reportedly in Antitrust Settlement Talks

Google has begun preliminary talks with European Union regulators in an effort to resolve an antitrust investigation that began in November, according to a source cited by Reuters today. The probe was launched after competitors charged that Google was using its dominant position in search to favor its own services in its result rankings.

Three Funky Mice Made for Laptops

Katie looks at three computer mice made for laptop users. Their designs make them simple to pack in a bag, use while sitting on the couch or recharge directly from the laptop.

Sprint Expands $10 Data Surcharge to All Smartphones

Starting Jan. 30, Sprint plans to charge all new Android, BlackBerry, Instinct, Palm and Windows Mobile data customers the extra fee. The charge had previously applied only to the carrier’s 4G phones, such as the Evo and Epic.

AT&T Plans $2.7 Billion Charge

AT&T Inc. will take a pretax charge of about $2.7 billion in the fourth quarter in a move to simplify how it accounts for pension and other post-retirement benefits.

Music Sharing Service SoundCloud Raises $10 Million From Index, Union Square

Music start-ups have been a money incinerator for a long time, but that doesn’t stop investors from trying again. Here’s the latest example, which I first wrote about back in October.

New from HP: The Pink Slip Jet 9000

Hewlett-Packard currently has about 304,000 employees worldwide. Three years from now it will have 301,000. The company today said it will reduce its employee roster by 3,000 employees, or one percent of its workforce, over the next few years. Nine thousand workers will lose their jobs, with 6,000 new ones to be hired in the same period.
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AT&T’s Q1: 2.7 Million iPhones, 1.9 Million New Subs and a Nasty Charge

Reporting first-quarter earnings this morning, AT&T said it added 1.9 million new wireless subscribers during the period. It was the biggest first-quarter gain in the company’s history and an impressive achievement, but it was undermined by a large health-care expense. A $995 million charge related to the new federal health-care law dragged AT&T’s first-quarter earnings down 21 percent.
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An iPad Review Roundup

A handful of iPad reviews published online moments ago and they’re largely positive–with some expected caveats about its lack of a camera and support for Flash and multitasking. Consensus seems to be that Apple has a great shot at creating a new category of device with the iPad. After the jump, excerpts from eight early reviews.

Does This Mean We Can Expect a Live Nation “iTunes Convenience Fee”?

This year, Live Nation, the world’s largest concert promoter, will put on some 22,000 live shows–each one attended by carping about the asinine “convenience” and “courtesy” charges the company likes to tack on to ticket purchases. But much as concertgoers might loathe the idea of giving Live Nation even more of their money, they may soon do so. Because beginning today, the company is offering exclusive audio and video recordings of some of its events through iTunes.
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Sun Earnings Not as Atrocious as Feared