Diginews - Motorola downgraded to junk by S&P - Docomo cancels Nokia E71 - Koobface virus on Facebook - WSJ editor sees hope for print ads



Motorola Credit Rating Is Downgraded to Junk by S&P
Motorola Inc. had its credit rating lowered to junk status by Standard & Poor's because its declining handset business is eating into profitability. The rating was cut two levels to BB+, one notch below investment grade, S&P said today in a statement. On Dec. 2, Moody's Investors Service said it may downgrade Motorola's debt, currently rated Baa2, or two levels above non-investment grade.

DoCoMo cancels Nokia E71 due to Nokia's pullback from Japan
Probably everyone has heard that Nokia is upping stakes and shifting out of Japan with the exception of their luxury mobile phone division Vertu. Well seems like Japanese mobile operator NTT DoCoMo has got the huff over Nokia's departure and has cancelled the planned launch of the Nokia E71.

Google opens up Google Friend connect beta
Soon after Facebook launched its Facebook Connect, Google has come up with Friend connect.

Google launches fully unlocked Android Dev Phone
Google today catered to Android developers either outside of T-Mobile coverage or eager to avoid restrictions with the Android Dev Phone 1. Essentially a carrier-neutral T-Mobile G1, the new model is completely unlocked for both its SIM card slot and hardware features to let users test the device on other GSM networks, including AT&T. The The change lets any owner run Google's reference firmware as it appears. The black design also sports a unique back engraving with a fractal-like pattern and the Android logo.

Obama Says Internet Key to Economic Recovery
"It is unacceptable that the United States ranks 15th in the world in broadband adoption. Here, in the country that invented the Internet, every child should have the chance to get online, and they'll get that chance when I'm President - because that's how we'll strengthen America's competitiveness in the world," he said.

Facebook Moves to Cope With Koobface Virus
Facebook's 120 million users are being targeted by a virus dubbed "Koobface" that uses the social network's messaging system to infect PCs, then tries to gather sensitive information such as credit card numbers. It is the latest attack by hackers increasingly looking to prey on users of social networking sites.

WSJ editor sees hope for print ads
Thomson believes that advertisers are starting to understand that consumers often ignore ads in other media because they are doing other things at the same time that sap their attention. With papers, the ads may be more valuable because they stick around with the printed page. Online, people get distracted, flipping from page to page, and if they notice ads at all, it is because they are annoyed by their intrusion. "The only multi-tasking that you can do while reading a newspaper is drink a cup of coffee," he said. Online, he said, the link between the reader and the ad is more transient.

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