WALL STREET JOURNAL: The Wall Street Journal reported that Motorola (MOT) is reorganizing its home and networks mobility unit into three distinct units, a move which may make it easier for Motorola to sell some of the businesses in the future…In a victory for high-tech companies and consumers, the FCC later this week is expected to rule that Comcast (CMCSA,CMCSK) violated federal policy when it prevented some of its customers the ability to share videos online though file sharing services, the Wall Street Journal reported…NEW YORK TIMES: The issue about the health of Steve Jobs, Apple’s (AAPL) CEO, has been a persistent one as of late, with “multiple sources…troubled by his thin appearance.” Needham analyst Charles Wolf believes that as long as Jobs is healthy, “he doesn’t have to disclose,” but is careful to remind that “Apple is Steve Jobs and Steve Jobs is Apple”. Sanford analyst A.M. Sacconaghi says that because the company has not effectively squashed the rumors once and for all “is really unsatisfactory to most investors,” the New York Times reported…ASSOCIATED PRESS: The Associated Press reported that Time Warner’s (TWX) AOL will close down three data storage services in order to reduce its costs and focus on advertising. AOL Pictures, media-sharing site BlueString and online backup service Xdrive will probably be eliminated by the end of the year. However, AOL is seeking to sell at least Xdrive…TECH CRUNCH: Google (GOOG) had entered final negotiations to buy content sharing website Digg for about $200M, but the search engine giant decided during the due diligence stage of the process not to make the deal, Tech Crunch reported…

Apple keeps health of CEO under wraps-NY Times
The issue about the health of Steve Jobs, Apple’s (AAPL) CEO, has been a persistent one as of late, with “multiple sources…troubled by his thin appearance.” In response to an analyst’s question last week about the health of Jobs, CFO Peter Oppenheimer neither confirmed nor denied that he was cancer-free, bringing up the issue of whether or not “Steve’s health is a private matter”. Powers Pyles Sutter & Verville laywer Larry Gondelman said that there is “no bright line test” to help make the choice to disclose a medical condition, as was done with former McDonald’s (MCD) CEO Charles Bell, who passed away from colorectal cancer in 2004. Needham analyst Charles Wolf believes that as long as Jobs is healthy, “he doesn’t have to disclose,” but is careful to remind that “Apple is Steve Jobs and Steve Jobs is Apple”. Sanford analyst A.M. Sacconaghi says that because the company has not effectively squashed the rumors once and for all “is really unsatisfactory to most investors”. Joe Nocera of the New York Times spokes with Jobs and while his health problems are not life-threatening and there is no recurrence of cancer in the picture, his recent health problems “amounted to a good deal more than a common bug”.

Intel is preparing to unveil its dual-core Atom-APC Magazine
Intel (INTC) is expected to demonstrate the new dual-core version of its Atom processor at the Intel Developer Forum in August. The new Atom, which features two 1.6 GHz engines rather than one, is slated to be officially launched in late September.

Google torpedoes Digg deal-TechCrunch
Google (GOOG) had entered final negotiations to buy content sharing website Digg for about $200M, but the search engine giant decided during the due diligence stage of the process not to make the deal.

FCC to rule that Comcast can’t slow Internet traffic to its customers-WSJ
In a victory for high-tech companies and consumers, the FCC later this week is expected to rule that Comcast (CMCSA,CMCSK) violated federal policy when it prevented some of its customers the ability to share videos online though file sharing services, reports the Wall Street Journal. Comcast has said it did slow some traffic to prevent an overburdening of its network.

Lehman is being hammered by higher borrowing costs-Bloomberg
Lehman Brothers (LEH) has been hurt the most by the increase in interest rates on Wall Street debt. The interest rate on the investment bank’s five-year bonds has jumped to 7.7%, compared with 5.2% just six months ago.

Nokia has no plans to merge Symbian with Android-Silicon Alley Insider
According to Nokia (NOK) vice president David Rivas, the company has no plans to roll its Symbian mobile operating system into Google’s (GOOG) Android. The comment was made after mobile analyst Jack Gold predicted that the two would begin fusing their operating systems into one big project within six months. While an eventual merger of the OS businesses is “possible,” the Silicon Alley Insider says, “we’d label this one as unlikely”

Former executives at Google prepare new search engine-NY Times
Anna Patterson, a former employee of Google (GOOG) who helped build some of its index of Web pages, and her husband Tom Costello and other Google alumni, will today unveil a new search engine through their company, Cuil. Costello has promised that the new engine will be more comprehensive than Google’s and hope will give users more relevant results. Some analysts believe that Cuil does have potential, in part because of the “pedigree” of its founders.

SEC’s market manipulation investigation probes four Lehman-related rumors-WSJ
The SEC investigation of possible market manipulation is currently focused on four rumors related to Lehman Brothers Holdings (LEH), according to the Wall Street Journal. The agency wants to know if the alleged rumors helped to drive Lehman’s shares down over the past two months, and they want to pinpoint their source. Lehman executives have said that short sellers were spearing rumors to force their share price lower.