| Business News |
HP challenges IBM with $12.6 billion EDS deal
(Reuters)
 Reuters - Hewlett-Packard Co has struck
a deal to buy Electronic Data Systems Corp for $12.6
billion, seeking to boost its technology services business to
better compete against market leader IBM .
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Wal-Mart profit up, but shares fall
(Reuters)
 Reuters - Wal-Mart Stores Inc , the
world's largest retailer, reported a 7 percent rise in
quarterly profit on Tuesday as discounts drew U.S. shoppers
looking for bargains on necessities like food and pharmacy
items.
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Stock futures lower on banks, Wal-Mart
(Reuters)
 Reuters - Stock index futures fell on Tuesday
after Oppenheimer & Co slashed its price targets on a number of
brokerages and on concern about Wal-Mart Stores Inc's
outlook.
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Bernanke says markets healing but still not well
(Reuters)
 Reuters - U.S. Federal Reserve
Chairman Ben Bernanke said on Tuesday that emergency Fed
liquidity measures have helped relieve strain in financial
markets, but the recovery process remains incomplete.
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Retail sales show resiliency
(Reuters)
Reuters - Total sales at U.S. retailers
weakened modestly in April, the government reported on Tuesday,
but outside the hard-pressed auto sector they showed more
resiliency than many analysts had anticipated.
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Retail sales dip for second time in 2 months
(AP)
AP - Consumers, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April.
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| News from Entertainment category: |
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LOS ANGELES (Hollywood Reporter) - Fox TV Studios president Emiliano Calemzuk is going back to his Latin American roots. In doing so, he also is reinventing the company's business model.
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LOS ANGELES (Hollywood Reporter) - Fox's newest reality experiment is a modern-day twist on "The Prince and the Pauper."
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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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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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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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(Corrects date “August: Osage County” opened on Broadway)
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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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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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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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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.
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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.
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LOS ANGELES (Hollywood Reporter) - News Corp. is drawing up big small-screen animation plans. 20th Century Fox TV and Fox Broadcasting Co. have teamed to launch Fox Inkubation, a joint venture designed to discover new animation talent and develop animated
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GAZA (Reuters) - Jewish fighters are shown shooting Palestinians and bombing their villages in an animated film by Gaza-based women marking 60 years since Israel was founded and hundreds of thousands of Palestinians were displaced.
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LONDON (Reuters) - Hollywood legends and obscure arthouse directors descend on Cannes from Wednesday for the world's biggest film festival that combines edgy cinema with A-list celebrities, glitzy parties and frenetic deal-making.
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VIENNA (Reuters) - About 1,800 people stripped naked on Sunday for U.S. photographer Spencer Tunick at the stadium that will host the Euro 2008 soccer final.
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LONDON (Billboard) - In 1970, it was described as "a psychedelic concentration camp." But this summer, the United Kingdom's Isle of Wight Festival tops a series of events that will turn the 150-square-mile island into the sold-out epicenter of the UK fest
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LOS ANGELES (Reuters) - Superhero movie "Iron Man" pounded the competition at North American box offices for the second straight weekend, landing at No. 1 with $50.5 million in ticket sales, according to studio estimates on Sunday.
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LOS ANGELES (Reuters) - The planet's "happiliest" married man, Ashton Kutcher, was once a champion carouser until he met his wife five years ago and became a changed man.
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LOS ANGELES (Reuters) - Lindsay Lohan passed up a role in a movie about convicted killer Charles Manson in order to accept two other offers, including a guest star turn on the TV comedy "Ugly Betty," her publicist said on Friday.
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NEW YORK (Reuters) - They are credited with influencing the fashion style of Madonna but British electronica band Goldfrapp don't have much time for the pop diva or other big acts they will be playing with this summer.
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| Software News |
Study: US Corporate Software Spending Slowing
(PC World)
PC World - One in four respondents to a new US corporate IT spending survey by ChangeWave Research said their company will spend less on...
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Microsoft Faces Another Interoperability Complaint in Europe
(PC World)
PC World - Microsoft's reluctance to make its Office suite interoperable with competing products has prompted a British government agency...
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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.
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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.
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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.
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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.
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