AT&T, GM among big advertisers cutting budgets: TNS
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Procter & Gamble Co. , AT&T Inc.  and General Motors Corp. , three of the largest U.S. marketers, cut their advertising budgets in the first quarter, part of an overall decline in ad spending during the period, a report showed on Tuesday.
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By Richard Locker locker@commercialappealcom  NASHVILLE - AT&T's costly yearlong effort to win approval of a bill in the state legislature to streamline its entry into Tennessee's cable television market is dead for the year.  Legislative sponsors of the bill, Reps.
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AT&amp;T Corp., the largest US long-distance telephone company, will eliminate 20 percent of its work force this year and write down $11.
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AT&T Corp. T.N will cut about  7,000 jobs and reduce the value of its assets by $11.4 billion  due to its retreat from traditional consumer telephone  services, the company said on Thursday.
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Blog: Customers are angry over new, large ads in AT&T/Yahoo DSL service
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SBC Communications Inc. expects to eliminate about 13,000 jobs after its $16 billion acquisition of AT&amp;T Corp. closes, but the phone company said yesterday that many positions can be cut through attrition.
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Shares of long-distance phone companies AT&T Corp.  and MCI Inc.  have plunged about 20 percent this year, but potential buyers seem to be holding out for clearance sales.
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Google has lost the services of the co-founders and top executives of dMarc Broadcasting,Â the radio advertising company Google acquired one year agoÂ to push into that market.
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The Nielsen Company, a provider of consumer and media information services, is outsourcing a portion of its IT and business processes to Tata Consultancy Services&#160;(TCS), an Indian outsourcer based in Mumbai.Under a 10-year agreement valued at $1.2 billion, TCS will take responsibility for some of Nielsen&#8217;s IT and operational processes and help the customer integrate and centralize multiple systems, technologies, and processes on a global scale. TCS will also deliver certain finance and human resource business processes, the company said Thursday.On Monday, TCS reported growth of 45 percent in revenue and profit for the quarter ended Sept. 30, despite fears that the weakening dollar would erode margins for Indian outsourcers.
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Analysts are trimming online ad spending forecasts in light of U.S. mortgage crisis, but say search marketing will be least affected.
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By Alejandro Bodipo-Memba, Detroit Free Press  Feb. 21--AT&T Inc. and General Motors Corp. have signed a five-year $1-billion networking contract to deliver next-generation telecommunications to the Detroit automaker.
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NEW YORK, Oct. 21 -- AT&T Corp. reported a third-quarter loss of $7.12 billion Thursday because of huge charges resulting from the company's retreat from traditional telephone services, which included at least 7,500 more job cuts and a write-down in the value of the company's long-distance network.
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Texas Instruments Inc. TXN.N,  the largest maker of chips for cell phones, trimmed its  third-quarter revenue outlook on Wednesday as customers worked  off inventories of unsold chips, making it the second major  chip supplier to pare third-quarter expectations.
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NEW YORK -- AT&amp;T Corp. is cutting 7,400 more jobs and slashing the book value of its assets by $11.4 billion, drastic moves prompted by the company's plan to retreat from the traditional consumer telephone business.
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AT&amp;T Corp. announced Thursday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan to retreat from the traditional consumer telephone business.
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AT&amp;T Corp. said it would restructure its business, cutting 20 percent of its jobs and writing down the value of its network by $11.
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AT&T Corp.  and Internet telephone provider Vonage said on Thursday they were cutting prices for their residential Internet calling services by &#36;5 per month, the strongest signs yet of a price war in the nascent market.