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Business News
April retail sales barely budged: SpendingPulse (Reuters)
Reuters - Retail sales barely rose in April, as a relentless surge in gasoline prices made consumers cut back other types of spending, according to a report released on Monday.
ILFC considering split-up from insurer AIG: report (Reuters)
Reuters - International Lease Finance Corp, a unit of American International Group , is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter.
EnCana to split in two with oil at record highs (Reuters)

EnCana President and Chief Executive Officer Randy Eresman announces that EnCana, Canada's largest energy company, will be split into two energy companies in Calgary May 11, 2008. EnCana Corp said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at record highs. EnCana, a $65 billion producer formed in a merger six years ago, said the new oil firm will operate its Alberta oil sands and U.S. refining assets, which it runs as part of a joint venture with ConocoPhillips. It will also encompass Canadian plains natural gas assets. (Todd Korol/Reuters)Reuters - EnCana Corp , Canada's biggest energy company, said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at record highs.


Cablevision near deal to buy Newsday: source (Reuters)

The Tribune Tower in Chicago, April 2, 2007. (John Gress/Reuters)Reuters - Tribune Co is close to an agreement to sell its Newsday newspaper to Cablevision Systems Corp and an announcement could come as early as Monday, a source familiar with the situation said on Sunday.


Global stocks rise as yen eases, Aussie banks eye M&A (Reuters)

A man passes an electronic board displaying the closing price of Japan's Nikkei share average in Tokyo April 25, 2008. (Yuriko Nakao/Reuters)Reuters - Stocks recovered earlier losses on Monday, with Japan rebounding as the yen fell against the dollar and boosted exporters, and Sydney rising 1 percent on optimism over a potential bank takeover.


April retail sales barely budged: SpendingPulse (Reuters)
Reuters - Retail sales barely rose in April, as a relentless surge in gasoline prices made consumers cut back other types of spending, according to a report released on Monday.
News from Internet category:
  1. Dispatches magazine prefers print over Internet - 12, May 2008

    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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  2. Virgin Mobile USA and Korea's SK in talks: source - 10, May 2008

    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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  3. McCain and blogger trade barbs over his 2000 vote - 10, May 2008

    WASHINGTON (Reuters) - Did U.S. Republican presidential candidate John McCain vote for President George W. Bush in 2000?

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  4. House panel chair offers network neutrality bill - 09, May 2008

    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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  5. Google sees YouTube products soon; warm on Yahoo - 09, May 2008

    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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  6. Canadian filmmaker turns to Internet to finance movie - 09, May 2008

    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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  7. Microsoft frees rival slate from Yahoo commitment - 09, May 2008

    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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  8. Facebook, 49 U.S. states agree on Web safety steps - 09, May 2008

    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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  9. Extremists hone Internet skills: Senate report - 09, May 2008

    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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  10. Hong Kong immigration "watchlist" partially leaked onto web - 08, May 2008

    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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  11. China won't guarantee Web freedom over Olympics - 08, May 2008

    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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  12. Hacker kept on NDS payroll after accused of piracy - 07, May 2008

    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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  13. Web firm sounds alert on criminal data trove - 07, May 2008

    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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  14. Microsoft, Yahoo could reach weekend deal: sources - 03, May 2008

    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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  15. Jimi Hendrix company says sex tape not genuine - 02, May 2008

    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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  16. Craigslist blanched as eBay eyed marriage: lawsuit - 02, May 2008

    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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  17. 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.

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  18. UK indy music: Love the Internet but seek the label - 02, May 2008

    LONDON (Reuters) - As musicians they are fiercely proud of their freedom to play what they choose, and revel in being part of a vibrant live scene, but the goal for up and coming British bands is to sign with a major label.

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  19. Bloggers abuzz about Miley Cyrus photo scandal - 02, May 2008

    NEW YORK (Billboard) - Miley Cyrus is the only recent teen superstar who has had to manage career-endangering controversy in the midst of major success on several fronts.

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  20. Online music services could pay $100 million in royalties - 02, May 2008

    SAN FRANCISCO (Reuters) - Time Warner Inc's AOL unit, RealNetworks and Yahoo Inc could stand to pay up to $100 million in royalties owed to thousands of songwriters and publishers, after a federal judge established a formula for determining the payments.

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Software News
Next generation of business software could get more fun (AP)
AP - Once upon a time, people bonded with their co-workers on office softball teams and traded gossip at the watercooler.
SAP Is The Latest Convert To Software-Plus-Services Vision (TechWeb)
TechWeb - InformationWeek - It envisions selling "component" services to its big ERP customers beginning next year.
SAP Embraces Software-Plus-Services Vision (TechWeb)
TechWeb - Intelligent Enterprise - Enterprise apps vendor envisions selling "component" services to its largest customers beginning next year.
Microsoft To Release Office 2007 SP1 Via Automatic Update In June (TechWeb)
TechWeb - InformationWeek - The strategy of rolling out service packs in phases gives the market plenty of time to evaluate the software.
U.S. v. 3,000 Microsoft Flash Drives (TechWeb)
TechWeb - InformationWeek - The devices with fake Microsoft Windows logos are just the latest in a series of goods seized by U.S. Customs and Border Protection agents.
Hackers Find a New Place to Hide Rootkits (PC World)
PC World - Security researchers have developed a new type of malicious rootkit software that hides itself in an obscure part of a...