| If you have trouble reading this e-mail, go to: http://www.nytimes.com/indexes/2008/12/05/technology/techupdate/index.html |
 December 5, 2008Tech Update |
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 Federal authorities accused William Del Biaggio III of defrauding investors and using the money to buy his $25 million stake in the Nashville Predators hockey team. Microsoft named Qi Lu to run its struggling Internet unit on Thursday, filling an important position that had been vacant since the departure of Kevin Johnson in July. ADVERTISEMENT   Already struggling with a decline in its wireline telephone service, AT&T said that it would cut about 4 percent of its work force and spend less on equipment in 2009. The chip maker warned that fourth-quarter revenue would be much weaker than expected because of sluggish demand. The financier now owns about 5.4 percent of the Internet search company, according to a regulatory filing on Thursday. More in Technology »More In Technology | New in Technology Special Section: Circuits  Holiday buying guides for the part-time athlete, TV fan, road warriors and pre-teens.  Gadgetwise, a new blog about everything related to buying and using tech products. |
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