AOL Money & Finance

Newspaper wrap-up 7-23-07: Google ready to spend on wireless licenses

MAJOR PAPERS:
  • If the FCC adopts auction rules that allow open access for users and wireless resellers, Google Inc (NASDAQ: GOOG) is ready to spend a minimum of $4.6B for wireless licenses, reported the Wall Street Journal.
  • Delayed delivery of 55,000 vehicles at Toyota Motor Corporation (NYSE: TM), due to last weeks earthquake in Japan, wont result in changes of the car maker's production systems, reported the Wall Street Journal.
  • The Financial Times reported on Friday that Ford Motor Company (NYSE: F) will decide next week whether to proceed with selling Jaguar and Land Rover after receiving a surprise offer for the British luxury carmakers from TPG Capital, the private equity firm, along with several other approaches.
OTHER PAPERS:
  • The U.K. Times reported that Efficient Capital Structures, the group seeking to push through radical changes at Vodafone Group (NYSE: VOD), has won the backing of a string of leading fund managers, including Jupiter and Invesco Perpetual.
  • The New York Times reported that there is a flaw in the Apple Inc (NASDAQ: AAPL) iPhone that allows hackers to take over the phone.
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Last updated: November 27, 2009: 10:39 AM

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