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In the News: Apple Sparks Rivals Into Action

Posted by Dale Buss on September 2, 2010 09:00 AM

* Apple's plan to offer 99-cent TV-show rentals is "getting limited support from media companies," reports the Wall Street Journal. Amazon cut the price of some TV show downloads to 99 cents in response, while Apple's partnership with Netflix is seen as a sign the DVD rental company may weather a shift to Web video that is challenging others. Sony is also launching a digital-music service to compete with iTunes.

* Allergan settles Botox allegations with the federal government for $600 million

* Burger King may need a new brand strategy rather than just another new owner, as suitors start to circle.

* Chrysler posts August sales gain, but every other major automaker sees sales slide in comparison with last year’s robust “cash-for-clunkers” campaign.

* Discovery Channel gunman James Lee told NBC mid-hostage-taking that he picked up pointers from Mythbusters.

* General Motors, which is making the Chevrolet Volt, is trying to trademark the expression "range anxiety."

* HP raised its bid for 3Par again, putting the ball back in Dell's court.

* Nokia and Colgate rank as India's most trusted brands, according to a new survey.

* OpenTable adds restaurant discount program.

* Sinochem eyes Potash, but Canadian officials may have concerns about the Chinese company’s interest.

* Target is expanding its medical-clinic business.

* Time Warner Cable and Disney tone down negative ads as contract renewal talks continue.

* Toronto International Film Festival grows as a marketplace for film buyers and sellers.

* White Castle dabbles in new restaurant concepts as the home of the slider considers barbecue, and noodles.

* Xerox is launching its most expensive advertising campaign in two decades, as CEO Ursula Burns looks to reposition the company as more than just a copier maker.

* Yum Brands and 48 other companies get FTC subpoenas concerning their policies about marketing food to kids.

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