Google Developing Home Entertainment System

Google Inc. is developing a home-entertainment system that streams music wirelessly throughout the home and would be marketed under the company’s own brand, according to people briefed on the company’s plans.

Inside Yahoo: Less Show, More Sell

New Chief Executive Scott Thompson’s plan for turning around Yahoo Inc. is beginning to take shape: He wants to push the Internet company away from its advertising roots and get more of its revenue from fees and commissions, according to people familiar with the matter.

Alibaba Seeking $3 Billion Loan to Buy Back Yahoo Stake

Chinese Internet giant Alibaba Group Holding Ltd. is in the process of raising a US$3 billion loan from around six banks to buy back the stake that Yahoo Inc. owns in the company, people familiar with the situation said Thursday.

Justice Department Poised to Clear Google-Motorola Deal

The U.S. Justice Department is poised to clear Google Inc.’s $12.5 billion acquisition of Motorola Mobility Holdings Inc. as early as next week, according to people familiar with the matter, giving Google a powerful armory of technology patents to deploy in the smartphone wars.

Apple Asked Standards Body to Set Rules for Essential Patents

Apple Inc. has asked a telecommunications standards body to set basic principles governing how member companies license their patents, an increasingly contentious topic for rivals in the smartphone industry.

Disney Profit Rises 12 Percent

Walt Disney Co.’s fiscal first-quarter profit rose 12 percent, helped by revised contracts with broadcast affiliates and increased customer spending and attendance at its theme parks.

California Pension Fund Challenges Facebook Over Board

A large California pension fund has challenged Facebook Inc. over what it sees as a lack of diversity on the company’s board of directors, just days after the social-networking firm filed papers to go public in a closely watched IPO.

Take Zap! Tech Geeks, Starved for More Battery Power, Give Themselves a Charge.

Any geek can tell you that battery life hasn’t kept up with gadget innovations. But not to worry: Inventors are figuring out how to turn geeks into batteries.

Facing Lawsuit, Google Drops Some Content in India

Google Inc. removed some controversial content from its Indian services to comply with a court order in a civil lawsuit, the latest twist in the legal drama over Web censorship in the world’s largest democracy.

Yahoo Starts Making Wish List, as Asian Deal Huffs to Finish Line and Board Changes Readied

Here’s a big, honking update on the Silicon Valley Internet giant’s various machinations for you!
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