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Business News
Postbank sale may fail over target price: report (Reuters)

A woman walks past a Postbank branch in Frankfurt, Germany, June 17, 2004. (Alex Grimm/Reuters)Reuters - The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday.


Auto sector woes could spur deals: Renault CEO (Reuters)

Nissan Motor Co and Renault SA's Chief Executive Carlos Ghosn listens to a question during a news conference in Yokohama, south of Tokyo June 25, 2008. (Yuriko Nakao/Reuters)Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.


BCE buyers finalize funding (Reuters)

A sign is seen outside the offices of BCE Inc., Canada's largest telecoms group, in Montreal, May 21, 2008. (Shaun Best/Reuters)Reuters - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1 billion) purchase price.


Hyundai union calls for work stoppage next week (Reuters)

An employee talks on a phone at a Hyundai automobile shop in Seoul April 24, 2008. Unionized employees of Hyundai Motor Co will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday. (Jo Yong-Hak/Reuters)Reuters - Unionized employees of Hyundai Motor Co (005380.KS) will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday.


Alabama likely site of new VW plant: report (Reuters)
Reuters - Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources.
Smooth sailing for yacht builders despite economy (AP)

Workers continue preparations on a super yacht at Trinity Boats in New Orleans, Tuesday, April 29, 2008. These days at New Orleans-based Trinity Yachts, the largest domestic builder, the biggest problems are having enough workers and enough time to handle the 24 custom contracts the company has for the luxury vessels.  'Nobody is buying these yachts because they need them,' said William S. Smith III, Trinity's vice president. 'They're buying them because they want them.' (AP Photo/Dave Martin)AP - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.


Poll finds global support for press freedom - 02, May 2008

WASHINGTON (Reuters) - People in Argentina, Mexico, Egypt and China are more likely than those in the United States to say it is very important for the news media to be free from government control, a survey published on Thursday found.



WASHINGTON (Reuters) - People in Argentina, Mexico, Egypt and China are more likely than those in the United States to say it is very important for the news media to be free from government control, a survey published on Thursday found.
The survey of 20 countries by World Public Opinion.org at the University of Maryland, found strong support worldwide for a free press and opposition to government restrictions on access to the Internet.
But in the United States, where residents believed the news media already had significant freedoms, many people did not support further protections for the press, the survey showed.
More than one out of four U.S. residents said the government should have the right to prevent the media from publishing things it thinks could be politically destabilizing. More than one in five thought the press should have fewer freedoms.
Fifty-six percent of U.S. residents said it was very important for the media to be free to publish without government control, compared to 70 percent of Argentines, 79 percent of Mexicans, 64 percent of Egyptians and 58 percent of Chinese.
In Britain, with media traditions similar to the United States, 28 percent of those surveyed said the government should have the right to prevent publication of things it thinks will be politically destabilizing.
But only 15 percent of Britons thought the press should have fewer freedoms and 65 percent said it was very important for the media to be able to publish without government controls.
Although the survey saw broad support for press freedoms worldwide, it also found people in six Muslim-majority countries and Russia strongly believe the government should have the right to restrict publication of material viewed as politically destabilizing.
Sixty-six percent of Jordanians favored such controls, as did 59 percent in the Palestinian territories, 56 percent of Indonesians and 45 percent of Iranians. Views were sharply divided on the issue in Turkey, Egypt and Russia, with large minorities favoring restrictions. 





(c) 2008 Reuters
Other news from Internet category:
  1. WITNESS: Virtual friends in a cancer world - 06, Jul 2008

    Janet Guttsman is bureau chief for Reuters in Canada, and has worked for the company in Germany, Russia and the United
    States. When she's not running the Canadian news file, she enjoys long bicycling trips in Canada and beyond. In the
    following story,

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  2. Number of newspaper analysts dwindles - 04, Jul 2008

    NEW YORK (Reuters) - Want to buy newspaper stocks? You should see an analyst. Trouble is there aren't many around anymore.

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  3. Canadian fiddler looks for quick payday via eBay - 03, Jul 2008

    TORONTO (Reuters) - A Canadian fiddler who is no stranger to controversy has put half his future music earnings up for sale on eBay, the auction website.

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  4. L.A. Times to cut 250 jobs, 150 in editorial - 03, Jul 2008

    LOS ANGELES (Reuters) - The Los Angeles Times will slash 250 jobs, including 150 in the newsroom, and trim its published pages by 15 percent in an effort to save money in the face of declining revenues, the newspaper said on Wednesday.

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  5. Google-Yahoo deal subject of antitrust probe - 02, Jul 2008

    WASHINGTON (Reuters) - The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported on Wednesday.

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  6. Hollywood studio, Google forge new ground on Web - 01, Jul 2008

    LOS ANGELES (Reuters) - A major Hollywood studio and online search engine Google Inc on unveiled separate moves on Monday to put movie and TV-like content on the Web, highlighting the way in which both see the Internet as critical to reaching customers.

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  7. Bloggers bemoan Zimbabwe's "stolen" election - 01, Jul 2008

    JOHANNESBURG (Reuters) - President Robert Mugabe's re-election sparked cries of outrage from Zimbabwean bloggers on Monday and demands for international intervention.

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  8. Citigroup adds Google, Time Warner to top picks live - 01, Jul 2008

    (Reuters) - Citigroup added Google Inc and Time Warner Inc to its top picks live list, based on the search engine giant's near- and long-term outlook and a possible sale of Time Warner's AOL advertising and dial-up businesses.

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  9. LVMH wins compensation from eBay in counterfeit case - 30, Jun 2008

    PARIS (Reuters) - A French court ordered eBay Inc to pay 38.6 million euros ($61 million) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction website.

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  10. Online fashion firm ASOS shines in consumer gloom - 30, Jun 2008

    LONDON (Reuters) - Online fashion retailer ASOS shrugged off the consumer downturn, posting a steep rise in annual profit and a near doubling in first-quarter sales as it benefits from the growing popularity of Internet shopping.

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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.