| 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 Technology category: |
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NEW YORK (Reuters) - Time Warner Inc's HBO cable network is expected to start selling shows on Apple Inc's iTunes digital entertainment service, with flexible pricing, sources familiar with the discussions said on Monday.
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NEW YORK (Reuters) - Time Warner Inc's HBO cable network is expected to start selling shows on Apple Inc's iTunes digital entertainment service, with flexible pricing, sources familiar with the discussions said on Monday.
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DENVER (Billboard) - Perhaps no single device has had more impact on mobile music than Apple's iPhone. While only 6.7 percent of overall mobile customers use their phone to listen to music, rising to 27.9 percent for smartphone users, a full 74.1 percent
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NEW YORK (Reuters) - Network equipment maker Cisco Systems Inc on Monday unveiled an expansion of its high-end video conferencing series to include a simpler, cheaper version as well as one targeting big groups.
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SAN FRANCISCO (Reuters) - Powerset on Sunday unveiled tools for searching Wikipedia that use conversational phrasing instead of keywords, marking the first step of its challenge to established Web search services such as Google.
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TORONTO (Reuters) - Research In Motion Ltd is launching a new high-end version of the BlackBerry aimed at its core base of business users, but it hopes the sleek device will also catch on in the broad retail market.
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DENVER (Billboard) - Perhaps no single device has had more impact on mobile music than Apple's iPhone.
More
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TORONTO (Reuters) - Research In Motion Ltd is launching a new high-end version of the BlackBerry aimed at its core base of business users, but it hopes the sleek device will also catch on in the broad retail market.
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AMSTERDAM (Reuters) - Dutch authorities intend to crack down on illegal online casinos and are calling on banks to stop providing financial services to them, a Justice Ministry spokeswoman said on Saturday.
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WASHINGTON (Reuters) - The FBI on Friday said an investigation into the sale of counterfeit Chinese computer components to the U.S. government has recovered about 3,500 bogus devices with a retail value of $3.5 million.
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SAN FRANCISCO (Reuters) - Take-Two Interactive Software Inc said on Friday that "Pirates of the Caribbean" director Gore Verbinski will make a movie version of "BioShock," its hit video game about an underwater utopia gone disastrously wrong.
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SAN FRANCISCO (Reuters) - Activision Inc posted a quarterly profit on Thursday that blew past expectations as demand for its "Guitar Hero 3" and "Call of Duty 4" video games made up for a complete lack of new releases.
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NEW YORK (Reuters) - Cablevision Systems Corp said on Thursday it plans to spend $350 million to build a wireless broadband network to serve its subscribers in the New York area.
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NEW YORK (Reuters) - News Corp's MySpace social network will let users choose to share their public profile information, such as pictures, videos, and text, across the Web to spread its service beyond its own borders.
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LONDON (Reuters) - Young designers competing to get noticed by fashion labels can now launch their careers online through the fashion world's answer to the social networking Web site MySpace.com.
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BOSTON (Reuters) - Pierre Avignon is no pirate, but he does not believe in paying for software. His computer is filled with programs like Symphony -- a free suite that he downloaded from an International Business Machines Corp website (http://symphony.lo
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SAN FRANCISCO, May 8 (Reuters Life!) - Playing video games does not turn children into deranged, blood-thirsty super-killers, according to a new book by a pair of Harvard researchers.
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LONDON (Reuters) - The rise of gadgets like the iPhone, Blackberry and Xbox threatens to unravel the decades of innovation that helped to build the Internet, a leading academic has warned in a new book.
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TORONTO (Reuters) - While many Facebook users may be secretly surfing the social networking site on the job, many Canadians say they are willing to let their employer look at their profiles, according to a poll released on Wednesday.
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NEW YORK (Reuters) - Criminal action game "Grand Theft Auto 4" scored over $500 million in global receipts its first week in release, selling over 6 million units to become one of the most lucrative entertainment launches in history.
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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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