The Justice Department has sued in U.S. District Court to block a proposed merger of American Airlines and US Airways, a combination that would create the world's biggest airline. The merger would give four carriers control of more than 80% of commercial air travel in the U.S. "It looks pretty bad for consumers," said William Baer, assistant attorney general in charge of the Justice Department's antitrust division.
Intel has brought out reference designs for Android tablet computers with 7-inch and 10-inch displays, utilizing its low-power Atom processors. The software included with the reference designs indicates that the chipmaker is targeting the education market.
Silicon Motion Technology is sampling its low-power SM2246EN SATA 3.1 solid-state drive controller chip, which supports NAND flash memory devices from leading memory chipmakers. The part will go into volume production in this quarter, the company said.
Companies that handle shareholder activists properly are less likely to be vulnerable to activist campaigns, according to this article. Tips include keeping lines of communication open with investors and providing information of substance to them, especially in areas where management is weak.