| 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 Internet category: |
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LOS ANGELES (Reuters) - Getting Hollywood actors paid for their smallest performances -- video clips on the Internet -- is shaping up as one their biggest sticking points in stalemated contract negotiations with major studios.
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SEATTLE (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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PORTLAND, Oregon (Reuters) - Republican John McCain pledged to take the lead in combating global climate change if elected president in a speech that set him apart from the policies of President George W. Bush.
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NEW YORK (Reuters) - A pall hangs over the word "print" these days, but the editors of a new magazine bet that discerning readers want news analysis on paper and don't mind getting it just four times a year.
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NEW YORK (Reuters) - Richard Branson's Virgin Mobile USA Inc and South Korea's SK Telecom Co, which controls U.S. mobile service Helio, are in early talks on a deal, a person familiar with the discussions said on Friday.
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WASHINGTON (Reuters) - Did U.S. Republican presidential candidate John McCain vote for President George W. Bush in 2000?
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WASHINGTON (Reuters) - The chairman of the House Judiciary Committee on Thursday introduced legislation that would bar network providers from discriminating against some Internet content.
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MOUNTAIN VIEW, California (Reuters) - Google Inc expects to launch new products for its YouTube Web video service in the next few months and sees reason for closer cooperation with Yahoo Inc, Google Chief Executive Eric Schmidt said on Thursday.
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TORONTO (Reuters) - An aspiring Canadian filmmaker is asking the public at large to help fund his first movie project, one frame at a time.
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SAN FRANCISCO (Reuters) - Microsoft Corp has released the nominees on its rival slate from their commitment to stand for election to Yahoo Inc's board in the event of a proxy fight, a source familiar with the situation said on Thursday.
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SAN FRANCISCO (Reuters) - Social networking site Facebook announced an agreement on Thursday with 49 U.S. state attorneys general and the District of Columbia to increase efforts to protect its youngest members from sexual predators.
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WASHINGTON (Reuters) - Al Qaeda and other radical groups have dramatically increased their use of the Internet in recent years to lure and train recruits worldwide, a U.S. Senate report warned on Thursday.
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HONG KONG (Reuters) - Hong Kong authorities came under fire on Thursday for the leak of classified data including individuals on an immigration watchlist, as the city's tougher immigration policies in the run up to the Olympics face increasing scrutiny.
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BEIJING (Reuters) - China will not guarantee it won't censor the Internet over this summer's Beijing Olympics, nor can it guarantee to stamp out piracy of Olympic-branded goods, officials said on Thursday.
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SANTA ANA, California (Reuters) - A high-ranking News Corp official testified on Tuesday that he kept two hackers on the payroll for years after one of them was accused of infiltrating the security system of rival satellite television company DISH Network
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LONDON (Reuters) - A Web security firm said on Tuesday it had tipped off international banks and police after finding a huge trove of stolen business and personal data amassed on a server in the space of just three weeks.
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BOSTON/NEW YORK (Reuters) - Microsoft Corp and Yahoo Inc are making last-minute efforts to seal a deal before Microsoft takes its Yahoo bid hostile or abandons it altogether, sources familiar with the matter said on Friday.
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LOS ANGELES (Reuters) - The company that controls rights to rock guitarist Jimi Hendrix's music and likeness said on Thursday a purported sex tape of the musician being sold on the Internet was not authentic.
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SAN FRANCISCO (Reuters) - Web classifieds leader Craigslist sought a divorce, while online auction giant eBay proposed a formal marriage, according to court papers unsealed on Wednesday that detail a testy four-year relationship.
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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.
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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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