SAP moves into cloud computing as brand projects $10B boost from banking software.

Coca-Cola plans to invest $2 billion in Florida orange groves.

Disney second quarter soars 32% on theme parks, ESPN ad sales as company withdraws trademark application for Dia de los Muertos.

Alibaba IPO anticipation grows on revenue surge.

American Airlines launches Klout-based promo.

AOL profits boosted by advertising.

AT&T presses case in lower bandwidth spectrum case.

Bitcoin startups begin to attract real cash.

Burger King makes bold move with delivery expansion.Continue reading...

Japan's Softbank acquires 70 percent of Sprint for $20 billion.

Santander walks away from $2.7 billion RBS deal.

Microsoft makes new push into music via Xbox.

Red Bull basks in post-skydive glory.

ABA sues New York City over soda ban.

Advent offers to buy beauty retailer Douglas.

Allstate scores points with peers with "Mayhem" campaign.

Amazon flags e-book refunds.Continue reading...

Coca-Cola announces Global Fund donation at Clinton Global Initiative meeting, teams up with Segway creator on clean water project and launches corporate blog.

GE's Jeff Immelt joins the few brave CEOs on Twitter.

IBM targets Amazon in the cloud.

AirAsia creates child-free quiet zones on flights.

Arby's sees gains under new owners.

Barnes & Noble plans to launch Nook video service.

Chase Bank tops customer-satisfaction study.Continue reading...

TiVo settles patent lawsuit vs Verizon for $250.4M; Verizon will license TiVo technology.

McDonald's brings back annual Monopoly game contest for 20th edition across U.S.

Yahoo's Mayer will lay out vision at all-hands company meeting this week.

Kroger rolls out Simple Truth™ and Simple Truth Organic® private label in-store brands.

Lay's Potato Chips issues last call for consumers to submit next great potato chip flavor idea for a shot at $1 million payout.

Madame Tussauds Hollywood launches first-ever social media contest for 2013 figure.

Neiman Marcus reaches out to fashion bloggers.Continue reading...

Gap, J.Crew and other retailers slash prices, as stores try to thwart price apps, and tweak websites to spur sales.

A&W is sold by Yum! Brands to A Great American Brand.

Absolut celebrates 30 years of gay ads.

Adidas pursues church for trademark infringement; church asks Derrick Rose to intercede.

Akamai purchases cloud rival.

Apple isn't expected to produce a smaller iPad, although fuel-cell MacBooks are rumored. Apple's online sales also exceed Walmart.com results.

AT&T's $1.93 billion deal for Qualcomm's airwaves approved.

Bebe expands with wedding collection.

Best Buy criticized for not fulfilling some holiday online orders.

BT's long-running family campaign in the UK ends its run.

Burberry, Forever 21 and Zara score on Facebook.Continue reading...

When the Pope visited Britain last year, it was estimated to cost taxpayers around 10 million pounds ($16 million).

So Spain is taking a different tack. The Pope is supposed to visit the country in late August for World Youth Day 2011 and the organizers have sold a number of sponsorships to such companies as Coca-Cola, Telefonica, Santander and Iberia, according to Reuters.

The news agency notes that there are number of priests, who have sworn themselves to poverty, who are not happy about the sponsorship situation.

Reuters notes that 120 priests signed their names to “a rare joint letter” to Archbishop of Madrid Cardinal Antonio Maria Rouco Varela to let him know that they objected to the sponsorship deals.Continue reading...

Google may be the target of a Us antitrust probe,  as brand's bid for Nortel’s patent assets coincides with Larry Page’s first day back as CEO.

Japan sets new radiation safety level for seafood after nuclear plant spews highly contaminated water into sea as Tepco shares plunge to record low. Also, Toyota reports misunderstanding over US impact and Honda targets rise in US sales but faces supply restrictions.

Amazon, Costco and Kohls are top brands for customer service in a new survey. 

BAT to develop “safer” nicotine products for long-term use. 

Boeing and Southwest deal with aftermath of fuselage tear.Continue reading...

Amazon sued over instant search patent.

American Express powers Foursquare specials at SXSW, where Apple opens pop-up store for iPad 2 sales.

Angry Birds raises $42 million. 

AOL readies post-Huffington Post deal layoffs of 20% workforce reduction.

Bluefly tries social gaming.

Caesars plans Asia hotels, without gambling for now. 

Chrysler’s Twitter account accidentally drops the F-bomb, fires social media agency tweeter.Continue reading...