GOOD DAY FOR: Following the leader, after Microsoft reportedly entered talks with Verizon Wireless to develop a Windows branded touch-screen smart phone to take on Apple’s popular iPhone, which is only offered through AT&T in the U.S. The Microsoft project is code-named “Pink.” (MarketWatch)

BAD DAY FOR: AT&T, as Apple, too, is in talks with Verizon Wireless over the iPhone, and possibly another small touch-screen device. The exclusive AT&T deal—which is very lucrative for both companies—is believed to be up for renewal next year, and analysts say Apple has the upper hand in picking which of the top two U.S. wireless carriers it wants to offer the iPhone through. (Reuters)