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Business News
NBC Universal, partners to buy Weather Channel (Reuters)

An undated screenshot of The Weather Channel's screensaver. (PRNewsFoto/Reuters)Reuters - NBC Universal and private equity firms Bain Capital and Blackstone Group said on Sunday they agreed to buy The Weather Channel from Landmark Communications.


Coca-Cola agrees to $137.5 mln settlement in case (Reuters)

A can of Coca-Cola is pictured in San Diego June 23, 2008. (Mike Blake/Reuters)Reuters - Coca-Cola Co agreed to pay $137.5 million to settle a shareholder lawsuit that claimed the world's largest soft drink maker artificially inflated sales to boost its stock price, according to court documents.


BP's rivals shift in Russian tussle (Reuters)

A police officer walks past a plaque of the oil firm TNK-BP at its headquarters in Moscow in this June 11, 2008 file photo. The fate of the second biggest foreign investment in Russia hangs in the balance amid signs of a shifting mood in the Kremlin which may have wrong-footed investors and one of the world's biggest oil companies. (Sergei Karpukhin/Files/Reuters)Reuters - The fate of the second biggest foreign investment in Russia hangs in the balance amid signs of a shifting mood in the Kremlin which may have wrong-footed investors and one of the world's biggest oil companies.


Toyota to add solar panels to Prius hybrid: Nikkei (Reuters)

A Prius with the new Hybrid engine is seen at the fair stand of Japanese car manufacturer Toyota at the international car show IAA in Frankfurt September 11, 2007. (Alex Grimm/Reuters)Reuters - Toyota Motor Corp (7203.T) plans to install solar panels on its next-generation Prius hybrid cars, becoming the first major automaker to use solar power for a vehicle, the Nikkei business daily reported on Monday.


Is capitulation on the cards? (Reuters)

A New York City cab driver fills his taxi up with gas at a Hess station in New York July 2, 2008. (Shannon Stapleton/Reuters)Reuters - Profit warnings, breaches of key index levels, record oil prices, stressed consumers and investors seeking safety provide the background for markets this week, and many people are wondering how long this will all last.


China premier: Continue inflation fight (AP)
AP - China's premier called for continued vigilance against inflation that has reached 12-year highs, saying the government should ensure that price increases are "acceptable," a state-run news agency reported Sunday.
Cannes pits Hollywood against obscure arthouse - 12, May 2008

LONDON (Reuters) - Hollywood legends and obscure arthouse directors descend on Cannes from Wednesday for the world's biggest film festival that combines edgy cinema with A-list celebrities, glitzy parties and frenetic deal-making.



By Mike Collett-White
LONDON (Reuters) - Hollywood legends and obscure arthouse directors descend on Cannes from Wednesday for the world's biggest film festival that combines edgy cinema with A-list celebrities, glitzy parties and frenetic deal-making.
Clint Eastwood is in the main competition with "Changeling", starring Angelina Jolie, pitting him against, among others, Kornel Mundruczo of Hungary in the kind of David-and-Goliath contest on which Cannes thrives.
Out of competition, Steven Spielberg and George Lucas will be on the famed red carpet in the palm-lined seafront town with the latest Indiana Jones adventure featuring Harrison Ford and Cate Blanchett.
Woody Allen also presents "Vicky Cristina Barcelona" starring Penelope Cruz, Scarlett Johansson and Javier Bardem.
The 61st edition of the super-charged 12-day movie marathon has a strong South American flavor, with two Argentinian and two Brazilian films in the main competition lineup.
From Argentina comes Pablo Trapero's prison drama "Leonera" and thriller "The Headless Woman" by Lucrecia Martel, and Brazil has Walter Salles's "Line of Passage" and "Blindness", directed by Fernando Meirelles of "City of God" fame.
"I think it reflects what people have been talking about, and that is the re-emergence of quality cinema throughout Latin America, including Mexico, Argentina and Brazil," said Jay Weissberg, Rome-based critic for trade publication Variety.
U.S. director Steven Soderbergh also presents "Che", his two-part, four-and-a-half-hour epic on Argentine revolutionary Che Guevara, with Benicio del Toro in the title role. 





(c) 2008 Reuters
Other news from Entertainment category:
  1. With new CD, Faith Hill in Christmas mood already - 07, Jul 2008

    LOS ANGELES (Billboard) - It's summer and it's hot, but even so, Faith Hill is quick to warm up to talk about Christmas.

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  2. Will Smith rules box office with "Hancock" - 07, Jul 2008

    LOS ANGELES (Reuters) - Will Smith, the closest thing to a sure bet in Hollywood these days, flew to the top of the worldwide box office with his critically mauled superhero saga "Hancock," distributor Columbia Pictures said on Sunday.

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  3. Will Smith rules box office with 'Hancock' - 07, Jul 2008

    LOS ANGELES (Reuters) - Will Smith, the closest thing to a sure bet in Hollywood these days, flew to the top of the worldwide box office with his critically mauled superhero saga "Hancock," distributor Columbia Pictures said on Sunday.

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  4. Man rips head from Hitler wax figure - 06, Jul 2008

    BERLIN (Reuters) - A man tore the head from a controversial waxwork figure of Adolf Hitler on the opening day of Berlin's Madame Tussauds museum on Saturday, police said.

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  5. "Kung Fu Panda" prompts soul-searching in China - 06, Jul 2008

    BEIJING (Reuters) - More than just a box-office hit in China, animated Hollywood comedy "Kung Fu Panda" has led Chinese artists to find fault with their own film industry and call for fewer government controls on culture.

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  6. ABBA foursome make rare appearance - 05, Jul 2008

    STOCKHOLM (Reuters) - All four members of supergroup ABBA appeared together on Friday at the Swedish premiere of the film "Mamma Mia!", delighting fans with their first public showing for years.

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  7. Paparazzi feel the heat in California - 04, Jul 2008

    LOS ANGELES (Reuters) - For years Hollywood's paparazzi have hounded celebrities, but now -- with help from local politicians, a lawyer in the Monica Lewinsky case, and even Malibu surfers -- they are the ones feeling the heat.

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  8. Bozo the Clown's Larry Harmon dead at 83 - 04, Jul 2008

    LOS ANGELES (Reuters) - Larry Harmon, the alter ego behind Bozo the Clown for more than 50 years, died on Thursday of congestive heart failure at age 83, his spokesman said.

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  9. Just a Minute With: Josh Peck for "The Wackness" - 04, Jul 2008

    LOS ANGELES (Reuters) - Actor Josh Peck has spent much of his teenage and young adult life in front of television cameras portraying the chubby, goofy character Josh in the Nickelodeon cable TV series "Drake & Josh."

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  10. Sex Pistol says it's all about family, community - 04, Jul 2008

    LONDON (Reuters) - He and his band have been the scourge of the British establishment for decades, whether by swearing on television in an age when it still shocked or mocking the monarchy.

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Software News
'Containers' Out Perform Virtualization For KV Pharmaceuticals (TechWeb)
TechWeb - InformationWeek - With a container approach from Parallels' Virtuozzo, memory consumption and processor overhead are reduced through the use of one operating system per host.
Nokia 6220 Smartphone Released (TechWeb)
TechWeb - InformationWeek - The Nokia 6220 classic design includes 3G connectivity, compatibility with Microsoft Office applications, Bluetooth capabilities, and a 5-megapixel camera.
Microsoft Hopes Office Subscription Plan Will Counter Free Software (TechWeb)
TechWeb - InformationWeek - Microsoft is counting on Equipt's convenience factor to help it fend off threats from Google, IBM, and others that are offering free desktop productivity suites.
Three Startups To Solve SaaS Integration Problems (TechWeb)
TechWeb - InformationWeek - Boomi, SnapLogic, and Cast Iron are rolling out new offerings designed to help companies integrate software running in the cloud with onsite software.
Blogger Opinion: Why We Left NetSuite (NewsFactor)
NewsFactor - I first met our solution provider, Ray Tetlow, the founder of Skyytek, on the Oracle Small Business (OSB from now on) user forum. At the time we were struggling with version 7 of OSB. It was really incomplete and badly tested software. Not only was it painfully slow, but also a lot of the features on which we based our purchasing decision just did not work.
Krugle enhances code search appliance (InfoWorld)
InfoWorld - Krugle plans to ship next week an upgrade to its search appliance for enterprise software development projects, which makes it easier for teams of developers to maintain code.