ELECTRONICS

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FCC proposes new open Internet rules

U.S. Federal Communications Commission Chairman Julius Genachowski proposed on Monday new rules aimed at ensuring that network operators treat the flow of Internet content without discrimination.

Wall Street drops as resources shares, CAT weigh

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U.S. stocks fell on Monday as a resurgent U.S. dollar took a toll on commodity prices and investors paused to gauge if the outlook for corporate profits justified the market's recent run to 11-month highs.
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FCC to unveil open Internet plan

The top U.S. communications regulator plans to unveil proposals Monday for ensuring Web traffic is not slowed or blocked based on its content, sources familiar with the contents of the speech said on Friday.
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Goldman to sell Sanyo stake for $648 mln profit

Goldman Sachs said it agreed to sell part of its stake in Japan's Sanyo Electric Co Ltd into a planned tender offer by Panasonic Corp, locking in 59 billion yen ($648 million) in profit.
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Pre helps Palm narrow loss, unveils share sale

Robust sales of the Pre smartphone helped Palm Inc post a smaller-than-expected loss, but a tepid second-quarter sales forecast and a plan to sell more shares helped snuff out a rally and sent its shares down nearly 2 percent on Thursday.
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Pre helps Palm narrow loss

Robust sales of the Pre smartphone helped Palm Inc post a smaller-than-expected loss, but a tepid second-quarter sales forecast and a plan to sell more shares helped snuff out a rally and sent its shares down nearly 2 percent on Thursday.
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Palm's loss smaller than expected on Pre sales

Palm Inc posted a smaller-than-expected loss on sales of its Pre smartphone, but a tepid second-quarter sales forecast and a plan to raise fresh capital helped snuff out a rally and send shares down 2 percent after hours on Thursday.
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Canada says won't review Nortel-Ericsson deal

Canada has decided against launching a review of the $1.13 billion sale of the wireless assets of bankrupt Nortel Networks to Sweden's Ericsson, Industry Minister Tony Clement said on Wednesday.
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Courts approve sale of Nortel unit to Avaya

U.S. and Canadian judges said on Wednesday approved Nortel Networks Corp's sale of its enterprise business to Avaya Inc for about $900 million, part of the liquidation of the bankrupt telecoms company.
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Silicon Laboratories raises Q3 outlook

Chipmaker Silicon Laboratories Inc raised its outlook for the third quarter, citing better-than-expected demand for both its broadcast audio and microcontroller unit (MCU) products.
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Microsoft rolls out new Zune HD

Microsoft's Zune HD, which went on sale Tuesday, is proving to be more than just another portable media player trying to unseat Apple's iPod.
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MetroPCS picks Ericsson, Samsung for LTE launch

MetroPCS Communications Inc said it has selected the infrastructure and initial handset providers for its fourth-generation long term evolution broadband service, which is expected to launch in the second half of 2010.
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Weak earnings, credit offset data; shares flat

U.S. stocks were little changed on Tuesday as some retail companies' results and rising credit card defaults overshadowed government data showing stronger-than-expected retail sales last month.
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Best Buy's profit misses by penny; outlook raised

Best Buy Co's quarterly profit missed estimates on Tuesday as sales of lower-margin products like notebook computers and promotional efforts to woo shoppers ate into the top U.S. consumer electronics chain's margins.
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Daily Wrap Up - September 14 Tech

Apple over the weekend lopped $100 off the 160-GB model of the Apple TV and discontinued the 40-GB version of the home media player.
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NEC to take over Casio, Hitachi mobile phone

Japan's NEC Corp will take over the cellphone operations at Casio Computer Co and Hitachi Ltd as the struggling sector bands together to cut costs and survive a fast-shrinking market.
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HIG Capital says it could buy Molex France

The French arm of U.S. electronics group Molex which has been the subject of violent protests from workers afraid they might lose their jobs, could be acquired by investment firm HIG Capital.
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Nortel to sell enterprise unit to Avaya

Nortel Networks Corp said Avaya Inc has emerged as the successful bidder at a bankruptcy auction for its Enterprise Solutions business and has agreed to pay $900 million in cash for the unit.

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