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Monday, October 02, 2006

Media Digest 10/02/2006 Reuters, WSJ, NYT


According to Reuters, Morgan Stanley has bought a bank inside China, Nan Tung Bank, ahead of its investment banking rivals.

Reuters writes that Imagination Technologies of the UK has sighed agreements with Intel and Texas Instruments. Imagination's IP for graphics and video will be used in Intel based PCs.

The Wall Street Journal writes that Harrah's may go private as buyout firms move into the gambling industry.

The WSJ writes that Nokia will license navigation IP from Trimble. Nokia will launch phones with maps of 100 countries. The deal is thought to give leverage in Nokia's negotiations with Qualcomm, which charges patent royalties to cellphone makers.

The New York Times writes that Viacom will keep Judith McGrath has head of its MTV unit, even after he boss was dimissed at the parent company's CEO.

Douglas A. McIntyre

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