Around the Web 1.07.09: Intel’s hurting, Panasonic plans to beat Times Square in L.A.

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-- Intel says revenues will be down 20% in the fourth quarter. Ouch! Silicon Alley Insider

-- Time Warner will report a loss too. That $25-billion charge sure didn’t help. Bloomberg via LAT

-- T-Mobile says it will release its really thin Blackberry Curve 8900 on Feb. 11. Boy Genius Report

-- Verizon and Microsoft ink a mobile search deal. Does that mean Verizon isn’t going to strike a deal with Google? Reuters


-- Panasonic becomes a sponsor of L.A. Live, vowing to make it a showcase for its new products. It pledges to make the entertainment hub more flashy than Times Square. LAT

-- Google trends falls victim to another stunt, this time with images of planes flying into two towers. Bits

-- Orbitz announces a new CEO and $20 million in cuts. WSJ

-- Ebay has a slot machine? In Vegas? Silicon Alley Insider

-- ‘Gossip Girl’ out-tweeted ‘Heroes’ for the first time ever. Are we all becoming tween-lovers? New Tee Vee

-- A South African airline allows customers to buy minutes of airline tickets and book by text message. Probably not the most economical choice for that long flight to South Africa. Wired

-- The Consumer Electronics Assn. says sales of gadgets will total $724 billion this year, up 4.3 % from last year. Stay tuned for more news from CES all day on the L.A. Times tech blog. Mercury News

-- Alana Semuels