ALSO NOTED: Verizon's Petri retires; BigBand cuts 25 jobs; and much more...

> Daniel Petri, group president-International, at Verizon will retire Aug. 1 after 37 years with the telco. Report

> Video gear maker BigBand Networks reported a slimming net loss, but also cut 5% of it workforce. Article

> Microsoft backed-off from increasing its bid to acquire Yahoo!, but now both firms remain in Google's shadow. Article

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