Washington Post:
NEW YORK/HELSINKI (Reuters) - Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million, after trumping Nokia Siemens Networks in a three-day auction, sources told Reuters.
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Silicon Alley Insider:
NEW YORK (AdAge.com) -- Tim Armstrong has a nice analogy for how the ad business works. Think of it, he says, as marketers driving around the neighborhood in trucks laden with cash, just looking for the right lawn to dump it on.Put your house in the right neighborhood, fix it up just right, the story goes, and they'll dump (Read More)
Washington Post:
HELSINKI/NEW YORK (Reuters) - Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million after it trumped Nokia Siemens Networks in a three-day auction.
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washingtonpost.com - U.S. Economy:
NEW YORK -- Stocks are surging in early trading as the dollar continues to weaken and investors try to snap a three-day losing streak.
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New York Times:
NEW YORK (Reuters) - The Green Bay Packers were dealt a double blow on Monday when cornerback Al Harris and linebacker Aaron Kampman were ruled out for the rest of the season with knee injuries.
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New York Times:
Score another court victory for Edgar Bronfman Jr., the Warner Music Group's chairman, in the $100 million lawsuit filed against him two years ago by former Simon & Schuster chief Richard Snyder.
A New York Appeals Court on Monday upheld a previous court ruling dismissing the suit and ordered Mr. Snyder to pay court costs. (Read More)
Silicon Alley Insider:
Foursquare's BlackBerry app is coming along!
Read the rest of this story »See Also:Foursquare Opens Up Data To DevelopersFoursquare Gets A New York Times ProfileFoursquare's Angels: Ron Conway, Twitter's Jack Dorsey, More
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New York Times:
A New York Supreme Court justice said he does not want William McCaffrey, 32, “to have to wait any longer than is absolutely necessary for finality in this case.”
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New York Times:
FLORHAM PARK, N.J. (AP) -- The New York Jets say wide receiver David Clowney's Twitter account has been hacked, and a series of expletive-filled tweets are not being written by him.
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BBC:
People who have paid deposits for flats in the former Imperial Tobacco site in Bristol are left hoping that government cash can resurrect the project. (Read More)
New York Times:
Beyond reducing alcohol-related crashes in New York, Albany’s toughening of penalties for drunken driving could prompt other states to follow suit.
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washingtonpost.com - Sports:
FOXBOROUGH, Mass. -- The defense Bill Belichick didn't want to put on the field a week ago kept the offense of the New York Jets off it Sunday.
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