AT&T bid for T-Mobile comes under scrutiny in California.

Abbott Laboratories gets federal pushback on cholesterol-drug trials.

Amazon takes a do-over on flubbed Lady Gaga promotion.

Baidu plots overseas growth.

Delphi IPO signals automotive rebound.

Facebook beefs up lobbying team in Washington.Continue reading...

Disney withdraws SEALS trademark application in deference to the US Navy's trademark application.

Google will announce mobile commerce details tomorrow in New York.

Maria Sharapova is launching a lifestyle brand called Sugarpova.

Oprah's sign-off today, ending her 25 year-run as the queen of daytime TV: "To God be the glory." Peter Liguori, the interim CEO of Winfrey's OWN Network, also got a sweetened contract from co-OWNer Discovery Communications.

Univision releases a Groupon clone, Ufertas.com, aimed at US Hispanic consumers and brands.

AIG raises $8.7 billion.

Amazon launches $164 Kindle 3G with ads, as B&N unveils $139 touchscreen Nook.

Apple passes 500,000 unique app offerings in its U.S. store.

Bharti Walmart expands wholesale stores.

Bob Dylan turns 70.

Boeing weighs options for new planes.

British Airways develops Windows 7 mobile boarding app.

California Pizza Kitchen agrees to buyout offer.Continue reading...

Amazon "gives away" Lady Gaga's new album for 99 cents.

AOL shuts down India portal.

Apple rumored to be planning a store in NYC's Grand Central and a curved glass iPhone.

Barnes & Noble's Nook "crushes" Amazon's Kindle in the glossy magazine department.

Cisco accused of aiding Chinese crackdown on dissidents.

Disney's Pirates of the Caribbean 4 scores fourth biggest global weekend opening.

Ellen DeGeneres boycotts Twitpic in wake of Twitter app's photo agency deal. 

Ford plans in-car driver health monitoring with Medtronic.

Foursquare and Groupon reportedly in partnership talks.Continue reading...

On the eve of her new album release, Lady Gaga tops Forbes' 2011 list of top entertainers — defined as the most powerful people in entertainment based on Forbes' calculation of their earnings (pretax income from May 1, 2010-May 1, 2011) and media clout (print, TV, radio, online and especially social media).

The artist formerly known as Stefani Germanotta is Forbes' new #1, notching $90 million in earnings in the past year, while the in-transition Oprah was #2 with $290 million but far less social media and digital clout. View the new top 10 below, and the complete 2011 list here. 

Below, see why Lady Gaga, Oprah Winfrey, Justin Bieber (the youngest to make Forbes' list, he debuts at #3), U2, Elton John, Tiger Woods, Taylor Swift, Bon Jovi, Simon Cowell and LeBron James made the top ten in this year's celeb rankings.Continue reading...

The queen of daytime TV is publically wondering if kicking off OWN while still on the air with the final (and busy) season of The Oprah Winfrey Show was the right strategic move.

"I’ve thought maybe it would have been better to wait until this completely ended and then literally use [Oprah] as a launchpad. If I had it to do differently and had thought of that option, I might have considered that a priority. But I don’t spend a lot of time in the regret mode," she says. 

She’s gaining some comfort from another TV veteran as she prepares to leave the comfort of her daytime perch.Continue reading...

Oprah is counting down to her show's last week, which starts May 23rd, with a look back at how Brand Oprah has inflitrated pop culture over the years. 25 years, to be exact.

Below, watch how Citi is sponsoring the show that airs today.Continue reading...

The pleasure of the annual TIME 100 special issue isn't which celebrities made the list (Justin Bieber and Oprah again?) and which ones didn't (no Lady Gaga?). It's discovering "influentials" you may not have heard of before, people quietly excelling in their fields such as Dr. Sue Savage-Rumbaugh of the Great Ape Trust in Des Moines, Iowa. Check out the TIME 100 class of 2011 here and TIME's promotional clip below.Continue reading...