MLC FLASH NEWS

NEW YORK (Reuters) - The U.S. Department of Justice may rule on the proposed acquisition of XM Satellite Radio by rival Sirius Satellite Radio as early as Friday, a Bear Stearns analyst said.

NEW YORK (Reuters) - Facebook is good for keeping up with high-flying buddies, MySpace is for teenage offspring and the BlackBerry is a full-time addiction, according to top media executives who were quizzed on their personal media habits at this week’s Reuters Media Summit.

WELLINGTON (Reuters) - New Zealand police are questioning a man alleged to be the leader of a cyber crime network that infiltrated computers worldwide and brought down the system at a U.S. university.

SEOUL (Reuters) - South Korean police say what they thought had been a death caused by an exploding mobile phone was actually a ruse used by a co-worker to cover up an accidental vehicular homicide.

SEOUL (Reuters) - South Korean police say what they thought had been a death caused by an exploding mobile phone was actually a ruse used by a co-worker to cover up an accidental vehicular homicide.

SAN FRANCISCO (Reuters) - Confronted with mounting privacy protests, Facebook.com has scaled back a Web monitoring feature that notifies one’s friends when the Facebook user visits affiliated Web sites, the company said on Thursday.

TOKYO (Reuters) - Sony Corp’s PlayStation 3 outsold Nintendo Co Ltd’s Wii game console in Japan in November for the first time, raising the prospect that Sony might regain its dominance in the global videogame market.

SAN FRANCISCO (Reuters) - Google Inc was set to announce on Friday it will bid on coveted airwaves to launch a U.S. wireless network, the Wall Street Journal reported on Thursday, citing sources familiar with the matter.

SAN FRANCISCO (Reuters) - Google Inc was set to announce on Friday it will bid on coveted airwaves to launch a U.S. wireless network, the Wall Street Journal reported on Thursday, citing sources familiar with the matter.

TOKYO (Reuters) - Sony Corp's PlayStation 3 outsold Nintendo Co Ltd's Wii game console in Japan in November for the first time since the machines were launched last year, showing Sony may finally be overcoming a slow start versus its upstart rival.