In the News: Alibaba, Mercedes-Benz, HP + more

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In the News

Alibaba develops China search engine with Microsoft as challenger to Baidu.

Apple is in talks to bring the iPhone to India, and will sell the iPad at Wal-Mart.

AT&T‘s U-verse TV is coming to Microsoft’s Xbox 360.

Bank of America and other mortgage lenders face lawsuits from up to 40 state attorneys general.

Beijing Auto hopes to reinvigorate brand with $2.7 billion marketing push, as China car sales cool down.

Blockbuster begins search for a new CEO.

Bloomberg LP plans a data service catering to U.S. government.

Bloomingdale’s, Macy’s, J.C. Penney and other retailers go beyond discounts (incl. BOGO) to compete.[more]

Current TV‘s freed journalist Laura Ling will host a show for Comcast-owned E! News.

Daimler announces recall of more than 100,000 Mercedes-Benz vehicles.

Discovery Familia targets Hispanic moms.

easyJet brand spat resolved following two-year dispute.

Facebook challenged by report finding 36% of users disengage with brands.

Google bets on cheap handsets for India, funds wind power project on the U.S. coast.

HP is cutting 1,300 jobs.

HTC looks to new Windows Phone to maintain momentum.

Kraft enlists Shaq and Eli Manning to market Oreos.

Liverpool Football Club fate hangs in balance as court considers ownership.

News Corp. faces BBC and other challengers as Murdoch eyes balance of BSkyB.

NFL investigates Brett Favre sexual misconduct allegations by Gawker‘s Deadspin blog.

Pfizer agrees to buy King Pharmaceuticals.

RIM gets extension from India to resolve BlackBerry enterprise concerns.

TwittercrushesFacebook‘s click-through rate, aims for one billion users.

University of Colorado plans rebranding ahead of move to Pac-10.

Versace raises earnings outlook after sales rebound.

Executive pay at Wall Street firms: A record $144 Billion.

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