The impact was devastating: the dealer network shrunk by one-third in the first three months of 2012 and vehicles sales through its TrueCar.com network plunged 80 percent, from over 13, 000 per month at the end of 2011 to just 2, 000 a month in June.

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Not only does he have the cash, but it would make it more economical in the future for him to get a new arena that he could share with his NHL franchise and, as the only owner of three teams in the four major leagues in one market, start a regional sports network (or use the threat of one to extract higher television fees).

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In mid-May, Clearwire transferred about 700 employees involved in network management and services to Ericcson, one of the three vendors Sprint recently chose for outsourcing its network management activities.

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One was intended to dodge a European Court of Justice ruling that Rete 4, one of three television channels in Mr Berlusconi's Mediaset network, was occupying frequencies that should go to another operator.

ECONOMIST: Italy��s government

He refrained from doing so even when he was presented with strong evidence that an attack on a tribal gathering he convened in Kabul in June was carried out by the Haqqani network, one of the three leading insurgent groups, which has close links to Pakistan's intelligence service.

ECONOMIST: Rumours fly as Karzai talks to Pakistan

Consolidating those three networking systems into one Ethernet network translates into a quick 5% to 8% energy saving in a company's data centers, according to a Bernstein Research report on Cisco's new switch.

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