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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.
Latin rocker Juanes projects political voice in U.S. - 09, May 2008

LOS ANGELES, May 9 - (Reuters) - Eight years ago, Colombian rocker Juanes was an immigrant seeking opportunities in Los Angeles before he found a music producer who gave him his big break.



By Mary MillikenLOS ANGELES, May 9 - (Reuters) - Eight years ago, Colombian rocker Juanes was an immigrant seeking opportunities in Los Angeles before he found a music producer who gave him his big break.Today, Juanes is probably the most universal of Latin America's stars, having sold 10 million records worldwide from Japan to Germany with his fusion of Latin folk music and rock, sung in Spanish.At 35, he's determined to put that clout to good use, whether to push for peace on Latin America's borders or, while on his U.S. tour, to prod immigrants to get politically involved in this year of elections and immigration crackdowns."The economic situation, the elections and the immigration issue are really serious and affecting many immigrants," Juanes told Reuters ahead of four shows in Los Angeles to promote his fourth album "La Vida ... Es Un Ratico" (Life Is A Moment). "I think people are more reserved and scared."At his two-hour concert at the Nokia Theatre on Wednesday, the black-clad rocker urged the heavily Hispanic audience in the most Hispanic of big U.S. cities to keep fighting for immigrant rights and told them how Los Angeles inspired him.He is also working with the Rock the Vote campaign to get U.S. citizens of Latin American origin to register to vote in November's presidential and congressional elections."Those who can vote are the voice for those who don't have the possibility," said Juanes, whose full name is Juan Esteban Aristizabal.Since his launch in Los Angeles, the singer and guitarist has made four albums with Argentine producer Gustavo Santaolalla, two-time Oscar winner for the soundtracks of "Brokeback Mountain" and "Babel," and won 12 Latin Grammys with hits like "La Camisa Negra" and "A Dios Le Pido." 





(c) 2008 Reuters
Other news from Entertainment category:
  1. Fox's "Millionaire" puts charitable spin on reality - 13, May 2008

    LOS ANGELES (Hollywood Reporter) - Fox's newest reality experiment is a modern-day twist on "The Prince and the Pauper."

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  2. For "Indy" billboard campaign, more is more - 13, May 2008

    LOS ANGELES (Hollywood Reporter) - Steven Spielberg loves billboards. That's the simple explanation for those giant double-billboard promos for "Indiana Jones and the Kingdom of the Crystal Skull" throughout Los Angeles, as well as the huge Indy messages

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  3. Sex and The City quartet back with movie - 13, May 2008

    LONDON (Reuters) - Carrie, Samantha, Charlotte and Miranda are back -- The "Sex and the City" TV stars took to the big screen on Monday with the world premiere in London of their tales of love and high fashion in New York.

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  4. Shyamalan delivers intense frights in "Happening" - 13, May 2008

    LOS ANGELES (Reuters) - If there is one thing director M. Night Shyamalan enjoys, it is spooking audiences with his supernatural movies, and he promises his June release, "The Happening," will be the scariest ride yet.

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  5. CORRECTED: "Xanadu," "Young Frankenstein" nab N.Y. stage awards - 13, May 2008

    (Corrects date “August: Osage County” opened on Broadway)

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  6. Jimmy Fallon formally named next "Late Night" host - 13, May 2008

    LOS ANGELES (Reuters) - "Saturday Night Live" veteran Jimmy Fallon was officially named on Monday to take Conan O'Brien's place on NBC next year when O'Brien succeeds Jay Leno as host of "The Tonight Show."

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  7. Father of Malawian boy backs Madonna adoption bid - 12, May 2008

    LIPUNGA, Malawi (Reuters) - The father of a Malawian child that Madonna wants to adopt said on Monday he supported her case but wanted the U.S. popstar to bring his boy home for visits.

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  8. Neil Young gets new honor -- his own spider - 12, May 2008

    LOS ANGELES (Reuters Life!) - Iconic singer and songwriter Neil Young has had an honor bestowed upon him that is not received by many musicians -- his own spider.

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  9. Sex and The City quartet back -- in the movie - 12, May 2008

    LONDON (Reuters) - Carrie, Samantha, Charlotte and Miranda are back -- The "Sex and the City" TV stars take to the big screen on Monday with the world premiere in London of their tales of love and high fashion in New York.

    More

  10. Steve Miller Band celebrates 40 years with DVD set - 12, May 2008

    DETROIT (Billboard) - As the Steve Miller Band marks the 40th anniversary of the release of its first two albums, it will release its first DVD, "Live From Chicago," a three-disc set due May 20.

    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.