Intel Corporation (NASDAQ:INTC) has decided to stop the development of the MeeGO operating system due to a lack of enthusiasm from tablet and handset companies. Intel will focus strictly on hardware products to be paired with Android and Windows Phone in 2012 according to sources with DigiTimes.

AT&T Inc. (NYSE:T) will be pitching some new ideas to the Justice Department to receive an allowance to purchase T-Mobile for $39 billion. If the deal does not go through, AT&T will have to pay T-Mobile’s parent company Deutsche Telekom about $7 billion in cash and spectrum resources. One of the ideas is that AT&T would have to sell 25% of T-Mobile’s business and airwaves to make the merger feel like less of an antitrust issue. “AT&T is pretty determined that they can find a solution, and they are pretty confident,” stated an anonymous sources with Reuters.

Did you know that 83% of young people sleep next to their cell phones? And 35% of smartphone users boot up apps before getting out of bed. Below is an infographic of some other digital life facts [PR Daily]:

Google Inc. (NASDAQ:GOOG) Chairman Eric Schmidt recently had a conversation with Salesforce.com, Inc. CEO March Benioff about Google’s purchase of Motorola Mobility. Schmidt said that Google spent $12.5 billion on Motorola for more than just the company’s patents. Google also had an interest in Motorola’s smartphone products. “We did it for more than just patents,” said Schmidt. “The Motorola team has some amazing products.”

Apple Inc. (NASDAQ:AAPL) has started selling the previous version of the video editing software Final Cut Studio again. This was due to a mixed reception of the newly designed Final Cut X. The older version of Final Cut is available for $999 ($899) for educational use. The purchase is available through Apple’s 1-800 number. To buy the software called 1-800-MY-APPLE and ask for part number MB642Z/A. It will not be available in retail stores or the Mac App Store. Final Cut Studio includes the software: Final Cut Pro 7, Motion 4, Soundtrack Pro 3, DVD Studio Pro 4, Color 1.5, and Compressor 3.5. [MacRumors]

Netflix, Inc. (NASDAQ:NFLX) almost made a deal with Starz, but the TV programming channel companies wanted Netflix consumers to have to pay more for the additional content. Starz reportedly offered Netflix $300 million per year to renew their agreement, but they wanted Netflix to have tiered pricing. Tiered pricing would have required Netflix subscribers that wanted movies and TV shows to pay more than the $8 per month. Apparently this was the reason why the talks between Starz and Netflix ended. Starz believes that this would have protected their relationship with video programming distributors. DirecTV and Time Warner Cable is worried that customers will “cut the cord” if there is enough fresh content available on the Internet for a lower price.

Michael Arrington is best known for being the founder and co-editor of TechCrunch, a technology blog that sold to AOL for roughly $30 million. Now Arrington is planning on starting a venture capital company with Patrick Gallagher of VantagePoint Venture Partners. Their plan is to raise roughly $20 million and fund companies that are a seed or early stages. The company’s limited partner will be AOL. Several people believe that this will cause a major conflict of interest for companies written on the TechCrunch blog, but the the writers on that blog disclose all investment information if Arrington holds equity in the companies being profiled.

Sony has announced a new smartphone recently called the Xperia Arc S, which will be arriving in October. The Arc S specs include:
- a 1.4GHz single-core processor,
- 8.1 megapixel camera,
- Exmor R chip,
- 3D sweep panorama mode on the camera,
- 8.7mm thick
- Android 2.3.4 (Gingerbread)

[Gizmodo]