Mexican Telecoms Mogul Takes 6.4% Stake in New York Times
Carlos Slim Helu, the Mexican telecommunications mogul with a reputation for finding undervalued companies and watching them turning them around for huge profits, has taken a 6.4% percent stake in the New York Time Company.

Yahoo Announces Plans for Website Makeover
Yahoo is preparing to tweak several popular sections of its website during the next few months to accommodate more material from rival services as the internet company tries to polish its tarnished franchise.

Apple Closer to Cleaning Up Options Mess
Apple is close to putting the backdated stock options scandal behind it. Steve Jobs and several board members reportedly reached a preliminary settlement with shareholders for damages related to improperly booked stock options. If everything goes according to plan, Jobs and friends could finally be in the clear by the end of October.

Broadband Providers Suck. Can Google Help?
If ever there was a time for Google to jump in the broadband business, this is it. High-speed internet adoption has slowed; access speeds have fallen behind many nations; and the monthly fees are woefully high. Not to mention, usage caps imposed by several providers doesn't bode well for consumers. And that, in turn, doesn't bode well for Google. Time for the search giant to get in the market?

Yahoo News Redesign May Pull a Technorati — Why Not Twitter?
Bloggers have uncovered URLs for a new Yahoo News layout which includes a “Most Blogged” section. The list is presumably based off Buzz Tracker, which displays related blog posts and those that link back to an article. But wouldn't a "Twittered About" section make the site seem more cutting-edge?