Sky Falling on Secondary Markets? Now the SEC Is Investigating.

The heyday of secondary trading may be coming to a close. The New York Times says (rather vaguely) that the SEC has started an investigation into private company stock trading.

Motorola Split Set for Jan. 4

Breaking up is, well, a lot of paperwork. Motorola filed the details Tuesday afternoon on its plan to split itself in two. The spinoff of the cellphone unit will take place Jan. 4, with holders getting one share of the mobile unit, known as Motorola Mobility, for every eight shares of Motorola they own.

Oracle: Sun Integration Going “Better Than Expected”

Evidently, Oracle’s integration of Sun is coming along well. Reporting third-quarter earnings that were in line with Street estimates after market close Thursday, the company offered an enthusiastic update on its ingestion of the former Silicon Valley icon. “The Sun integration is going even better than we expected,” said Oracle President Safra Catz.

Sirius: We’ll Just Put This Delisting Notice in the Circular File

It was inevitable, really. Having given up the gains that pushed its shares past $1 and failed to close over that threshold for 10 straight days by March 15, Sirius XM invited a delisting notice. And Wednesday afternoon Nasdaq gave it one.

HP to Acquire 3Com in Dig at Cisco

Another big acquisition for Silicon Valley. Hewlett-Packard said Thursday said it would acquire networking gear outfit 3Com for $2.7 billion, or $7.90 a share. The acquisition, which has been approved by both companies’ boards, will bolster HP’s Ethernet switching offerings and, thanks to 3Com’s routing business, intensify competition with rival Cisco.
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Time Warner Makes It Official: AOL Spinoff Is Coming

It’s hard for Time Warner to have been clearer about this, but there’s still a bit of confusion out there about the company’s plans to spin off AOL. Maybe this will clear it up: Time Warner told the SEC today that it intends to spin off AOL.
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Yang to Employees: Think of the Angry Mob Outside as a Fan Club

The only difference between Yahoo CEO Jerry Yang’s latest all-hands memo and the last one he broadcast is that “Carl Icahn” has been substituted for “Microsoft.” Other than that, it’s another tired restatement of the capitalization-free “try not to get too preoccupied with the ongoing assault on our company” missives that Yang has issued at least twice before.
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