OverTheLimit

Phone Company To Buy Software Specialist For $410 Million
Finland-Cellular telephone giant Nokia has announced that it is increasing its share in Symbian Company from 48 percent to a controlling 52 percent interest.
Nokia plans to buy the additional stock outright at an overall cash price of about $410 million dollars.
There are a number of electronics manufacturers […]

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The world’s largest online retailer has kept quiet on exactly what caused the site to go down for two hours last Friday, with troubles continuing on Monday.
Amazon’s site went down originally at around 1:30 p.m. EDT on Friday for around 2-hours.
Customers received a page with an error code when trying to access the site.
Amazon continued […]

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T-Mobile USA has filed a lawsuit against the coffee chain Starbucks Corp. over their Wi-Fi.
The reason for the lawsuit is that Starbucks apparently allowed AT&T customers to access Wi-Fi for free using T-Mobile equipment and lines.
The company has stated that Starbucks is at fault due to a breach of contract, as well as unfair competition […]

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AOL has closed an $850 million buyout deal for the social-networking site Bebo.
The only remaining big player in terms of the big four Internet companies is now Yahoo, who has yet to make any move on a social network.
AOL CEO Randy Falco stated “When you combine Bebo’s worldwide users with those who use AIM and […]

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Ask.com has announced a deal to acquire Lexico, the parent company of Dictionary.com and other reference sites.
Ask.com will not only acquire Dictionary.com, but will also acquire Thesaurus.com and other reference sites. There were no terms of the deal disclosed other than that it was all-cash.
This is all part of the plan for Ask.com to […]

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Washington - Apple has announced that the iTunes Store will begin to receive new releases day and date with their DVD releases.
Apple has announced deals with many major motion picture studios to launch new releases on the iTunes Store the same day they release on DVD.
The studios who will take part in the new deal […]

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Hollywood - Starbucks has announced that they are pulling away from their entertainment division, taking a step back from their music label.
Starbucks will turn over all day-to-day operations of its Hear Music record label to Concord Music Group.
Starbucks stated that the music label, which started in March 2007, will now be in the hands of […]

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Boston - Microsoft CEO Steve Ballmer has hinted that the company may keep the Windows XP operating system around, despite the push to get Windows Vista on as many machines as possible.
Ballmer stated that XP, at one point, will come to an end.
He stated though that Microsoft will listen to consumers. So basically, if […]

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The chief executive officer of Jaguar Land Rover, Geoff Polites, died at the age of 60 over the weekend. He died in his home in Australia.
He was battling a very serious illness for over two-years now, and according to reports, died very peacefully.
Polites has been a major player in the auto industry for over […]

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Delta Air Lines has reached an agreement to take over Northwest Airlines, creating the world’s biggest carrier.
Delta stated that the combined airline will have an enterprise value of $17.7 billion.
The deal was given the green light by the board of both companies on Monday.
Delta CEO Richard Anderson will head the company which will be based […]

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