Feds put AT&T's T-Mobile buy on hold (week in review)

Wireless megamerger attracts antitrust scrutiny, while Apple has a hard time holding on to its property. Also: WikiLeaks cracked.

The U.S. Department of Justice has filed suit in a federal court to block AT&T's proposed takeover of T-Mobile USA.

The Justice Department said in its filing with the U.S. District Court for the District of Columbia that the deal would " substantially lessen competition " in the wireless industry, and thus, should be blocked from approval. The lawsuit went on to say that the deal could potentially cause "higher prices, poorer quality services, fewer choices and fewer innovative products for the millions of American consumers who rely on mobile wireless services in their everyday lives."

AT&T, which announced its plans earlier this year to acquire T-Mobile USA from Deutsche Telekom in a deal valued at $39 billion, said that the company was blindsided by the Justice Department's decision.

The only agency that is required to approve the merger is the Federal Communications Commission. Since the wireless companies have spectrum licenses granted by the FCC, that agency's approval is required to merge the companies. That said, the Justice Department has also been reviewing the merger . And even though its approval is not necessary, if it finds that the merger will violate antitrust laws it can sue to block the merger. That is what the agency is doing now.
•  AT&T promises 5,000 new jobs after T-Mobile merger

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Apple loses another unreleased iPhone

An Apple employee lost yet another unreleased iPhone in a San Francisco bar last month, leading to an investigation by San Francisco police and Apple security, CNET has learned.
•  Apple wants its 3G MacBook prototype back
•  Leaked memo details Apple's anticounterfeit plan
•  Apple could make 22 million iPhones next quarter
•  Suspects in iPhone prototype case plead not guilty
•  Apple customer accidentally given store hard drive

<b>Unredacted cables on Net after WikiLeaks breach

Document-leaking group accuses British newspaper of disclosing the password that allowed access to 251,000 State Department cables.
•  WikiLeaks Web site back up after alleged attack

Fraudulent Google certificate points to Internet attack

Is Iran behind a fraudulent Google.com digital certificate? The situation is similar to one that happened in March in which spoofed certificates were traced back to Iran.
•  Google users in Iran targeted in SSL spoof

Starz halts licensing talks with Netflix

The Starz deal is important for Netflix as the premium channel's content makes up a sizable chunk of Netflix's streaming library.
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Schmidt: TV makers to adopt Google TV within 5 years

Eric Schmidt makes big promises. The Google chairman says makers of high-end TV sets will feature Google TV or similar software within five years.
•  Apple working on a TV set for 2012?

HP to bring back TouchPad for last production run

Following a buying spree of $99 TouchPads, Hewlett-Packard plans to resurrect the WebOS-based tablet for a final production run.
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<b>Amazon prepping a 7-inch tablet for October?

The company will reportedly ship its 7-inch version later this year and start production on the 10.1-inch option in the first quarter of 2012.
•  Amazon could sell 5 million tablets next quarter

<b>Sony debuts Android-based Walkman prototype

At the IFA show, Sony gave CNET the first look at its Android-powered music player. With several music-specific features and the product family's best sound quality, it's geared for audiophiles.
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<b>Solyndra to file for bankruptcy; suspends operations

Solar company--the latest this month to file for bankruptcy protection--cites "global economic and solar industry market conditions" as the reason.
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