| Business News |
NBC Universal, partners to buy Weather Channel
(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.
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Coca-Cola agrees to $137.5 mln settlement in case
(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.
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BP's rivals shift in Russian tussle
(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.
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Toyota to add solar panels to Prius hybrid: Nikkei
(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.
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Is capitulation on the cards?
(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.
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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.
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| Mountain clashes bring Lebanon death toll to 81 - 12, May 2008 |
By Nadim Ladki
BEIRUT (Reuters) - Pro-government Sunni Muslim gunmen and militiamen loyal to Lebanon's Iranian-backed Shi'ite Hezbollah battled with machine guns and rocket-propelled grenades in the northern city of Tripoli on Monday.
The violence, which broke out when Hezbollah gunmen fought pro-government forces in Beirut last week, is the worst since the end of the 1975-90 civil war in 1990.
Security sources said six people were wounded when Sunni government supporters in Tripoli's Bab Tebbaneh district exchanged machine gun and grenade fire with Alawite militiamen allied to Hezbollah in the nearby Jebel Mohsen area.
The fighting later gave way to the occasional crack of sniper fire, witnesses said.
Iranian-backed Hezbollah and its pro-Syrian allies have swept through Beirut and hills to the east, defeating loyalists of the U.S.-backed government before handing its conquests to the Lebanese army, which has stayed out of the fighting.
Hezbollah's success has dealt a severe blow to the ruling Sunni-led coalition headed by Saad al-Hariri, son of the slain former Prime Minister Rafik al-Hariri, in what is widely seen as a proxy confrontation between Iran and the United States.
At least 36 people had been killed on Sunday in fighting between Hezbollah and its pro-government Druze opponents east of Beirut.
A precarious calm prevailed in Beirut, where politicians prepared to meet Arab League mediators.
(c) 2008 Reuters
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| Other news from HotNews category: |
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BEIJING (Reuters) - China's attitude to future talks with envoys of the Dalai Lama rests on how he answers demands not to disrupt the Beijing Olympics, an official said, highlighting intense anxieties about the Games.
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BEIJING (Reuters) - With a month remaining until the opening ceremony of one of the most scrutinized Olympic Games in history, the time has come for Beijing to deliver on seven years of promises and billions of dollars spent.
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LONDON (Reuters) - Rafael Nadal punched a mighty hole through Roger Federer's aura of invincibility on Sunday to become the first Spaniard in over four decades to win the Wimbledon men's singles crown.
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MIAMI (Reuters) - Tropical Storm Bertha, moving briskly across open ocean waters, may strengthen into the first hurricane of the 2008 Atlantic storm season sometime during the next 48 hours, U.S. weather forecasters said on Sunday.
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TOYAKO, Japan (Reuters) - President George W. Bush said on Sunday the American economy was not growing as quickly as he would like and that his administration supported a strong dollar policy.
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PRAGUE (Reuters) - The Czech Republic and the United States will sign a treaty on Tuesday to build a missile defense radar on Czech soil despite opposition at home and in Russia.
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NEW YORK (Reuters) - Pop star Madonna denied having an affair with Yankee slugger Alex Rodriguez and said in a statement to People magazine on Sunday she is not planning to get divorced from her British husband Guy Ritchie.
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JERUSALEM (Reuters) - Israeli police have concluded that a Palestinian construction worker who killed three Israelis with a bulldozer in Jerusalem last week acted alone and not as part of a militant organization, a spokesman said on Sunday.
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TOYAKO, Japan (Reuters) - The Group of Eight rich nations will seek to convince a skeptical Africa on Monday that it is living up to promises to double aid to the world's poorest continent.
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LOS ANGELES (Reuters) - Weary California firefighters braced on Sunday for another heat wave in the next few days as they battled to bring two major blazes threatening towns along the central coast under control.
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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.
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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.
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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.
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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.
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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.
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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.
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