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Business News
HP in talks to buy EDS to compete with IBM (Reuters)

An employee walks past a Hewlett-Packard logo during the second day of the International Telecommunication Union (ITU) Telecom World 2006 in Hong Kong December 5, 2006. (Paul Yeung/Reuters)Reuters - Hewlett-Packard Co is in talks to buy technology outsourcing company Electronic Data Systems Corp for $12 billion to $13 billion in a deal which would vault it to a close second to IBM in technology services.


AIG sees no need to honor ex-CEO request to delay AGM (Reuters)

A sign on an office building for AIG, American International Group, is pictured in Los Angeles, California May 8, 2008. (Fred Prouser/Reuters)Reuters - Maurice "Hank" Greenberg, former chief executive of American International Group , has said the insurer is in "crisis" and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent to the board.


Australia's Westpac bids $17.6 billion for St George (Reuters)

A man drives his car in front of a St. George bank in Sydney May 12, 2008. Westpac Banking Corp Ltd, Australia's fourth-biggest bank, said it was in takeover talks with St George Bank Ltd, valued at $14 billion, to create the country's largest bank by market capitalisation. (Daniel Munoz/Reuters)Reuters - Westpac Banking Corp Ltd launched a $17.6 billion all-share bid for smaller rival St George Bank Ltd in a tie-up that would create Australia's biggest bank by market value.


Nissan operating profit falls 14 percent (Reuters)

Nissan Motor Co's logo is seen during a news conference in Tokyo in this April 24, 2007 file photo. (Yuriko Nakao/Reuters)Reuters - Nissan Motor Co (7201.T) reported a 13.7 percent drop in fourth quarter operating profit on Tuesday and forecast a sharp fall in annual profits this year due to a weaker dollar, rising commodities prices and sinking U.S. demand.


SocGen net profit falls 23 pct, beats consensus (Reuters)

The logo of French bank Societe Generale is seen at the entrance of its headquarters in La Defense, outside Paris in this January 30, 2008 file photo. (Benoit Tessier/Reuters)Reuters - Societe Generale , the French bank hit by the world's worst rogue trader scandal, reported a 23.4 percent fall in first quarter net profit although earnings came in above the average market forecast.


Survey: 1 in 10 boomers borrowing for everyday expenses (AP)
AP - The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP.
Facebook, 49 U.S. states agree on Web safety steps - 09, May 2008

SAN FRANCISCO (Reuters) - Social networking site Facebook announced an agreement on Thursday with 49 U.S. state attorneys general and the District of Columbia to increase efforts to protect its youngest members from sexual predators.



By Anupreeta Das
SAN FRANCISCO (Reuters) - Social networking site Facebook announced an agreement on Thursday with 49 U.S. state attorneys general and the District of Columbia to increase efforts to protect its youngest members from sexual predators.
The additional safety measures follow a similar agreement in January struck by larger rival MySpace, which also included every state apart from Texas.
Facebook said it would focus on improving the technology it employs to weed out inappropriate online behavior, and to make it tougher for adults to make friends with minors.
The agreement reflects its commitment to "keeping kids safe online," said Chris Kelly, Facebook's chief privacy officer.
Both the Facebook and MySpace agreements were in response to calls from attorneys general to improve online safeguards.
The millions of youngsters who share everything from music tastes to intimate details of their lives online have turned social networks into hunting grounds for sexual predators.
Without checks, an adult can pose as a minor and lure a child into parting with information.
Last October, Facebook and New York Attorney General Andrew Cuomo agreed to settle a child safety probe after undercover tests on the social network's safety controls and procedures showed lapses. 





(c) 2008 Reuters
Other news from Internet category:
  1. Hollywood actors and studios clash over Internet clips - 13, May 2008

    LOS ANGELES (Reuters) - Getting Hollywood actors paid for their smallest performances -- video clips on the Internet -- is shaping up as one their biggest sticking points in stalemated contract negotiations with major studios.

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  2. Microsoft software gives free tours of space - 13, May 2008

    SEATTLE (Reuters) - Any Star Trek fan knows that space travel is not always easy, but Microsoft Corp wants to make traveling the "final frontier" as simple as turning on your computer.

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  3. McCain pledges to combat climate change - 12, May 2008

    PORTLAND, Oregon (Reuters) - Republican John McCain pledged to take the lead in combating global climate change if elected president in a speech that set him apart from the policies of President George W. Bush.

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  4. Dispatches magazine prefers print over Internet - 12, May 2008

    NEW YORK (Reuters) - A pall hangs over the word "print" these days, but the editors of a new magazine bet that discerning readers want news analysis on paper and don't mind getting it just four times a year.

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  5. Virgin Mobile USA and Korea's SK in talks: source - 10, May 2008

    NEW YORK (Reuters) - Richard Branson's Virgin Mobile USA Inc and South Korea's SK Telecom Co, which controls U.S. mobile service Helio, are in early talks on a deal, a person familiar with the discussions said on Friday.

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  6. McCain and blogger trade barbs over his 2000 vote - 10, May 2008

    WASHINGTON (Reuters) - Did U.S. Republican presidential candidate John McCain vote for President George W. Bush in 2000?

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  7. House panel chair offers network neutrality bill - 09, May 2008

    WASHINGTON (Reuters) - The chairman of the House Judiciary Committee on Thursday introduced legislation that would bar network providers from discriminating against some Internet content.

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  8. Google sees YouTube products soon; warm on Yahoo - 09, May 2008

    MOUNTAIN VIEW, California (Reuters) - Google Inc expects to launch new products for its YouTube Web video service in the next few months and sees reason for closer cooperation with Yahoo Inc, Google Chief Executive Eric Schmidt said on Thursday.

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  9. Canadian filmmaker turns to Internet to finance movie - 09, May 2008

    TORONTO (Reuters) - An aspiring Canadian filmmaker is asking the public at large to help fund his first movie project, one frame at a time.

    More

  10. Microsoft frees rival slate from Yahoo commitment - 09, May 2008

    SAN FRANCISCO (Reuters) - Microsoft Corp has released the nominees on its rival slate from their commitment to stand for election to Yahoo Inc's board in the event of a proxy fight, a source familiar with the situation said on Thursday.

    More

 

Software News
Microsoft software gives free tours of space (Reuters)

A screen grab of WorldWide Telescope's web site. (www.worldwidetelescope.org/Reuters)Reuters - Any Star Trek fan knows that space travel is not always easy, but Microsoft Corp wants to make traveling the "final frontier" as simple as turning on your computer.


SOA Software buys LogicLibrary (InfoWorld)
InfoWorld - Matching up critical components in the SOA space, SOA Software, which provides SOA governance automation, said Monday it has acquired SOA repository and governance vendor LogicLibrary.
Microsoft readies service packs for dev tools (InfoWorld)
InfoWorld - Microsoft released Monday beta versions of separate service packs for the Visual Studio 2008 software development platform and the accompanying .Net Framework 3.5, a Microsoft official said in a blog.
Google's Friend Connect To Spread Social Data (TechWeb)
TechWeb - InformationWeek - The software is part of an emerging set of technologies like OpenID, OAuth, OpenSocial, and the data access APIs published by Facebook, Google, and MySpace.
Three Charged in Dave & Buster's Hacking Job (PC World)
PC World - It may not have been the greatest hack ever, but police say the malicious software sneaked onto restaurant chain Dave &...
Windows XP SP3 Woes Especially Affect AMD Systems (NewsFactor)
NewsFactor - Users who thought the Windows XP operating system would be more reliable than its younger sibling Vista are being buffeted by reports that the latest update for XP, Service Pack 3, has its own problems.