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Media News: IBM CEO Rometty Tops Fortune List

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Also, people are spending on home entertainment again.

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This column highlights the most interesting and useful business and financial commentary on media every week.

All Things D
Link: Fortune's Most Powerful Women: IBM's Rometty Tops List
"Fortune magazine put out its '50 Most Powerful Women's in Business' list today, which was topped by IBM (NYSE:IBM) CEO Ginni Rometty. The nod to the leader of the longtime tech giant was followed by Hewlett-Packard (NYSE:HPQ) CEO Meg Whitman at the No. 3 slot, Facebook (NASDAQ:FB) COO Sheryl Sandberg at No. 8, and Oracle (NASDAQ:ORCL) President and CFO Safra Catz at No. 10.

"But it was - shockeroo - media magnate Marissa Mayer who claimed a very elegant solo photo on the cover, as well as the No. 14 slot. She is also the youngest woman on the list at 37 years old."

New York Times Bits
Link: RIM Innovates and Then Waits as Apple Moves Ahead
"Among the features of the new Apple (NASDAQ:AAPL) iPhone 5 are a more movie-friendly display format, two tiny grills on the bottom that shield noise-canceling microphones, a more powerful processor and a slim, all-black case.

"All of those features made another debut last May when Research in Motion (NASDAQ:RIMM) gave software developers prototypes of the BlackBerry 10 handsets, the model that may well decide that ailing brand's fate.

"The trouble for RIM, of course, is that the iPhone 5 will be in stores Sept. 21 while the much delayed BlackBerry 10 still doesn't have an official arrival date. RIM promised it for early next year.
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