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Deals of the Hour / July 2, 2011, 12:44 pm

Apple, Microsoft And Others Outbid Google To Win Coveted Nortel Patents

Google declined to comment for this article, but called the auction results "disappointing." Lazard Ltd advised Nortel in the deal, while Jefferies advised its creditors. Akin Gump Strauss Hauer & Feld LLP was legal adviser to Nortel's creditors ... (Source: Huffingtonpost.com 2011-07-02T18:15:19Z)

In Hindsight: Google+, Zynga's IPO, Justin Timberlake, Biz Stone and other tech changes

Google+ has a beautiful (Facebook-like) design and features Facebook doesn't have (yet), but unfortunately most of your friends haven't signed up (yet). Speaking of social media, there was a big departure at San Francisco microblogging upstart Twitter ... (Source: San Jose Mercury News 2011-07-02T18:58:16Z)

Imperfect accusers common in sex assault cases

Timeline: Dominique Strauss-Kahn (on this page) Even without a credible witness, prosecutors could offer a deal to Strauss-Kahn — for instance, dropping the four more serious felony charges against him, which carry up to 25 years' imprisonment ... (Source: msnbc.com 2011-07-02T18:58:16Z)

NBA lockout strips team websites of player images

The NFL locked out its players in March, but its website is still filled with videos of touchdown celebrations and news updates. Why? The NFL negotiated its licensing deal separately from its CBA, thus sidestepping this issue. (Source: Allentown Morning Call 2011-07-02T19:12:35Z)

Google braces for illegal drug ad fine

Califano, a former aide to President Lyndon Johnson and a Cabinet secretary under Jimmy Carter, told Schmidt that his research had found "prominent displays of ads for rogue internet pharmacies in a Google search for controlled drugs." "This suggests that ... (Source: CNN Money 2011-07-01T12:25:44Z)

Medicare paving way to health care accountability

The three-year deal between Blue Cross and Blue Shield of Illinois , which has nearly 7 million health plan members, and Advocate Health Care, which operates a network of 10 hospitals and more than 250 clinics throughout Illinois, calls for Advocate to ... (Source: Chicago Tribune 2011-07-02T19:41:13Z)

Rockets push back rebels south of Libyan capital

Gaddafi's daughter, Aisha, said in a television interview broadcast late on Thursday her father's administration was prepared to cut a deal with the rebels if that ... reaction from either side to the offer. A document seen by Reuters at the end of the ... (Source: msnbc.com 2011-07-01T23:38:37Z)

Jaromir Jagr says he turned down more money to make lreturn to NHL with Flyers

This week he mulled over a one-year offer to rejoin the Penguins, his original team, before deciding to play on the other end of Pennsylvania. The Flyers' deal is worth US$3.3 million. Jagr did not name the teams he said offered more money. Jagr says he ... (Source: FOX News 2011-07-02T19:12:35Z)

Judge lifts house arrest, bail for Strauss-Kahn

"He's a seducer, not an attacker," Taylor said in a phone interview, adding that the district attorney had not offered a plea deal to reduce the charges. "We wouldn't take one if he did, because Mr. Strauss-Kahn is not guilty." The defense team's next step ... (Source: Los Angeles Times 2011-07-02T00:43:03Z)

'FarmVille' creator Zynga to go public

LinkedIn's co-founder and executive chairman Reid Hoffman, now a billionaire, belongs to Zynga's board of directors. The daily deals site Groupon Inc. has also filed its initial IPO papers. Zynga is expected to attract even greater interest than LinkedIn ... (Source: KABC 2011-07-02T01:26:00Z)

A Game of Give and Take

Let's preface this entire "lockout/work stoppage" issue with a simple truth: No matter who is right and who wrong - the owners will "win" in the end because their offer ... to deal with "only" getting 3-5 million dollars annually on 1-3 year deals. (Source: CelticsBlog 2011-07-02T00:50:12Z)

Hoopla surrounds final shuttle launch

"Hopefully, it will go the first time and they'll have to deal with the traffic just once," Magnus said with a laugh. Atlantis' journey to the space station will mark the 135th shuttle flight. (Source: Detroit News 2011-07-02T18:58:16Z)

NBA joins NFL in lockout

Despite a three-hour meeting Thursday and a final proposal from the players -- which NBA leaders said would have raised average player salaries to $7 million in the sixth year of the deal -- the sides ... moved by the players' offer to drop it to 54.3 ... (Source: Crescent-News 2011-07-02T18:01:00Z)

Wimbledon 2011: What Petra Kvitova's Finals Win, Maria Sharapova's Loss Mean

She already has a contract with Nike (though presumably a far less lucrative one than Sharapova's record-setting deal ), and additional endorsements from all sorts of non-tennis companies should come in the next several months. But winning so decisively on ... (Source: SBNation.com 2011-07-02T18:29:38Z)

Jagr unapologetic for not signing with Penguins

"I learned a lot from them," he said. He spoke longer about not signing with Pittsburgh than any other subject, indicating that he was upset that so many believed a handshake deal with the Penguins was in place. Jagr said that he thinks Philadelphia has an ... (Source: Pittsburgh Tribune-Review 2011-07-02T19:26:54Z)

As Net Stocks Sizzle, Zynga Aims High for Its I.P.O.

The company is expected to ultimately offer up to 10 percent of its shares at a valuation ... Groupon, the giant daily deals site, filed last month for its offering. Its rival LivingSocial is said to be speaking with bankers about an offering. (Source: Star-Banner 2011-07-02T18:08:09Z)

Jurors see scant evidence in Casey Anthony trial

During opening statements in May, prosecutors said Caylee was suffocated with duct tape by a mother who loved to party, tattooed herself with the Italian words for "beautiful life" in ... Nor did they offer proof of the molestation allegations, which ... (Source: Boston Herald 2011-07-02T19:05:25Z)

Strauss-Kahn leaves townhouse in NYC for unknown destination; judge lifted house arrest

He said she suffered bruises and torn ligaments. Former French government minister Jack Lang said he spoke with Sinclair to offer the couple moral support. Lang, who has known Strauss-Kahn since the 1970s, urged him to come back to France and join the 2012 ... (Source: Grand Forks Herald 2011-07-02T18:58:16Z)

Jagr sets no goals for his NHL return

The only problem is that Penguins GM Ray Shero never intended to get into a bidding war for Jagr and did not want to move off his initial offer of a one year contract ... not traded away Mike Richards and Jeff Carter . "There is always going to be pressure. (Source: FOX News 2011-07-02T19:12:35Z)

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