The Washington Post is reporting that The Carlyle Group suffered a $330 million loss Thursday when a Japanese mobile phone company in which it had a big interest filed for bankruptcy protection, the second time in a little more than a year that Carlyle has taken a hit in the highly volatile telecommunications field.

A high-ranking Chinese official said Google "will have to bear the consequences" if it stops filtering its search results in China, after the Internet search giant said it could stop censoring its Chinese Web site, google.cn, within weeks.

In the TV world, big and green aren't mutually exclusive terms any more, with this Sharp 52-inch LED TV earning a seven-star energy rating.

Recognizing the shaky economic climate and Motorola’s still tenuous market position, the company’s two CEOs Greg Brown and Sanjay Jha voluntarily have agreed to a 25 percent pay-cut for the second year in a row, according to a proxy statement filed with the SEC today. The pair will have a base salary of to $900,000, which is 25 percent lower than the $1.2 million salary agreed to in 2008.

Still, that pay cut probably doesn’t make up for the headline-grabbing bonuses that Jha received when he was first hired, or the bonuses he will receive regardless of whether the company’s break-up plans are successful. In 2008, Jha received compensation of more than $100 million. Additionally, he will receive a $38 million if the mobile device division is not spun-off, and if it is successful, he will receive between 1.8 percent and 3 percent based on the market capitalization of the new business.

Today Nokia asked a judge in the U.S. District Court in Delaware to toss an Apple lawsuit that claims Nokia infringed on its patents.
Read the full story here.

So far, Americans have pledged $100,000 in donations via cell phone for victims of Chile's earthquake compared to more than $43 million raised that way for victims of Haiti's Jan. 12 quake.

Haiti - Earthquake - Chile - Caribbean - United States