»   The New York Times Co. ( NYSE: NYT ) saw its shares rise as high as 8 percent on speculation that Mexican billionaire Carlos Slim was either looking to buy or raise his stake in the media giant. But the billionaire denies any such plans. [ WSJ ] »   Microsoft’s Xbox 360 has consistently been in third place behind Sony’s Playstation and Nintendo Wii. But it believes it can be more competitive thanks to its new controller-free Kinect game technology [ AP ] »   The BBC is bracing for deep cuts and is planning on cutting back on its foreign reporting in places like Burma. [ Telegraph ]