Technology

Palm Drops 29% on Revenue Forecast as Analysts Doubt Company's Viability Palm Inc., maker of the Pre smartphone, fell the most in two years after predicting sales this quarter will be less than half of Wall Street estimates, prompting some analysts to question the company’s viability.

Google China Pullout Would Be Permanent, `Burn Bridges,' Ex-Executive Says Google Inc. would probably be unable to return to China should it withdraw from the market instead of abiding by the country’s censorship laws, a former executive at the company said.

Billionaire Malone Sees Pay-TV Industry Consolidation Amid Fee Disputes Media billionaire John Malone said fee disputes between U.S. broadcasters and cable-television operators will force companies to combine to gain negotiating clout.

Icahn Begins Hostile $574.4 Million Bid for Lions Gate After Earlier Snub Carl Icahn began a $574 million hostile offer to buy Lions Gate Entertainment Corp. after the film studio rejected his efforts to increase his stake to as much as 30 percent.

Apple IPad's Initial Sales Are Unlikely to Outdo IPhone's, Bookmaker Says The odds are stacked against Apple Inc.’s new iPad reaching sales of 1 million as quickly as the iPhone, an online bookmaker said.

FCC to Examine Whether Broadcasters May Pull Signals During Fee Disputes U.S. regulators will examine whether broadcasters may cut signals to pay-television companies during fee disputes after a disagreement in New York left cable customers without WABC-TV during the Academy Awards.

DirecTV Declines Most Since August After Citigroup Lowers Rating to `Hold' DirecTV, the largest U.S. satellite-television provider, fell the most in seven months after Citigroup Inc. downgraded the company, saying the shares are expensive compared with rival Dish Network Corp.

Televisa, Telefonica, Megacable Alliance Seeks Routes Around Slim's Telmex Telefonica SA, Grupo Televisa SA and Megacable Holdings SAB said they will bid together in a Mexican auction for unused fiber-optic lines that will give them new paths to route phone and Internet traffic across the country.

Ongoing Strategy Investments Fails to Acquire Prisa's Media Capital Stake Ongoing Strategy Investments SGPS SA failed to acquire a stake in Grupo Media Capital SGPS SA, owner of Portugal’s most-watched television station, two people with direct knowledge of the matter said.

Universal Music Seeks Singing Nuns to Follow Monks for Pope's U.K. Visit Calling all nuns: Universal Music Group seeks singing sister act for the 21st century to record an album ahead of Pope Benedict’s visit to the U.K. in September.