Maggert withdraws from Sawgrass after family tragedy - Sport

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)

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)

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)

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)

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.

PONTE VEDRA BEACH, Florida (Reuters) - American Jeff Maggert pulled out of the Players Championship before Friday's second round following the death of his brother in a plane crash.

By Mark Lamport-StokesPONTE VEDRA BEACH, Florida (Reuters) - American Jeff Maggert pulled out of the Players Championship before Friday's second round following the death of his brother in a plane crash.Maggert, 44, withdrew on Thursday night, telling tournament officials his brother Barry had been killed when his single-engine aircraft crashed in Colorado mountains en route to his son's college graduation."This is obviously a tragic accident and our thoughts and prayers are with Jeff and his family," PGA Tour commissioner Tim Finchem said in a statement."The PGA Tour is here with any support we can offer the Maggerts during this difficult time."The Rocky Mountain News reported that the plane crashed in mountains about 40 miles west of Denver on Thursday afternoon while flying to Boulder, Colorado.The Gilpin County Sheriff's office said one man had died in the accident and a 23-year-old passenger was injured.Rescuers, who communicated with one of the two men on board the aircraft via mobile phone, used snowmobiles, snowcats and horses over harsh terrain to reach the crash site.Carbondale resident Barry Maggert and his wife Renee have three children, twins Lee and Bryant, 23, and Taylor, 21, the newspaper reported.

Other news from Sport category:

Canada and Russia remain on collision course - 13, May 2008
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James fires as Cavaliers lock up series - 13, May 2008
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FIA to investigate Istanbul dog incident - 13, May 2008
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Young NY filmmakers peek inside Japanese baseball - 13, May 2008
NEW YORK (Reuters) - Bobby Valentine hit only 12 home runs during 10 seasons as a player in Major League Baseball, so he knows something about tough pitches.

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Anti-doping agency to seek court costs from Landis - 13, May 2008
MONTREAL (Reuters) - The World Anti-Doping Agency (WADA) said on Monday it may seek $1.3 million in court costs from disgraced Tour de France winner Floyd Landis if the cyclist fails to win his appeal before the Court of Arbitration for Sport (CAS).

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Venus to face Stosur in Rome return - 13, May 2008
ROME (Reuters) - Venus Williams will face Samantha Stosur when she returns this week after more than a month out of action after the Australian beat Michaella Krajicek 6-3 6-2 on Monday to set up a second-round encounter at the Italian Open.

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Nadal expects to lose number two ranking to Djokovic - 12, May 2008
HAMBURG, Germany (Reuters) - Rafael Nadal said on Monday he expected to lose his world number two ranking to Serbia's Novak Djokovic by Wimbledon at the latest.

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Phantom goal helps Finland overcome U.S. - 12, May 2008
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Fabian Hambuechen switches his focus to Olympics - 12, May 2008
LAUSANNE (Reuters) - Four years after turning up at the Athens Games as a precocious bespectacled teenager, Fabian Hambuechen has now set his sights on Olympic glory.

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Cubs sweep Diamondbacks to share top spot - 12, May 2008
CHICAGO (Reuters) - The Chicago Cubs rallied to beat the Arizona Diamondbacks 6-4 and move into a first-place tie in the National League Central Division on Sunday.

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Software News

Microsoft software gives free tours of space (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.

Canada and Russia remain on collision course - 13, May 2008

James fires as Cavaliers lock up series - 13, May 2008

FIA to investigate Istanbul dog incident - 13, May 2008

Young NY filmmakers peek inside Japanese baseball - 13, May 2008

Anti-doping agency to seek court costs from Landis - 13, May 2008

Venus to face Stosur in Rome return - 13, May 2008

Nadal expects to lose number two ranking to Djokovic - 12, May 2008

Phantom goal helps Finland overcome U.S. - 12, May 2008

Fabian Hambuechen switches his focus to Olympics - 12, May 2008

Cubs sweep Diamondbacks to share top spot - 12, May 2008