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Spamming for Dollars
"After years of anonymity, the numbers of most of the nation's mobile phones will be compiled later this year in the first wireless directory. The database being assembled by the Cellular Telecommunications and Internet Assn. is expected to include about 75% of the 163 million mobile phones in the United States, making looking up a wireless number as easy as dialing 411," The Los Angeles Times reported today. "The association is pitching the directory as a boon for real estate agents and other on-the-go professionals who want people to be able to find their mobile numbers. But privacy advocates, some members of Congress and even a major cellular carrier -- Verizon Wireless -- fear that mobile phones, once immune to telemarketers and e-mail spammers, could become as vulnerable as home telephone lines and computer in-boxes."
A Phat Telco Deal?
The Associated Press said "Tellabs has been through major changes in the past few years. The company has slashed jobs, shuttered all plants and outsourced manufacturing to focus on research and development and services."
Speaking of telecom, The New York Times today detailed Lucent Technologies's efforts to put the telecom sector's dark days behind it. An excerpt: "Patricia F. Russo has little time to exhale. As chairwoman and chief executive of Lucent Technologies, she has returned the telecommunications giant to modest profitability by eliminating tens of thousands of jobs, slashing billions of dollars in debt and settling major lawsuits with investors. This week, the company settled a suit by the Securities and Exchange Commission over its accounting practices, and agreed to pay a $25 million fine," the newspaper said. "But Ms. Russo, who took the helm at Lucent during the depths of the telecommunications collapse in 2002, is anything but sanguine. Having staved off Lucent's financial freefall, she is now in a race against time to develop new products and services that will allow Lucent to survive as the entire industry changes around it."
Put on Your Game Face
The San Francisco Chronicle noted for "Sega, which has its U.S. headquarters in San Francisco, the acquisition closes a turbulent chapter for one of the most recognizable names in video games. The company, best known for its speedy Sonic game character, has been struggling for the last few years and has been rumored to be a takeover target. Last year, Sega reported $77 million in net income on $1.7 billion of revenue. Sammy reported profit of $285 million on $2.2 billion in sales. Combined, their revenue would exceed Konami Corp., the largest Japanese game software firm. The two firms will combine their operations to create a new subsidiary, Sega Sammy Holdings Inc., by Oct. 1, and fully integrate the businesses by March 2007, the firms said."
Reuters reported that Sega shares "soared on Wednesday after its top shareholder, Sammy, said that it would buy out Sega and merge the two companies under a holding company," but added later that "analysts expressed skepticism about a planned merger that failed last year, after the two sides disagreed on management style and other terms of an integration. In subsequent months, industry watchers speculated that Microsoft was interested in buying Sega."
Microsoft: Corporate Coupon Cutter
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