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Business News
House passes housing bill; Bush lifts veto threat (Reuters) Reuters - The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.
Amazon Q2 net profit doubles, sales up 41 percent (Reuters) Reuters - Amazon.com Inc said on Wednesday quarterly net income doubled on a 41 percent rise in revenue, helped by higher operating profit margins.
Fed says price pressures gain, growth slackens (Reuters) Reuters - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as "grim," "morose" or "bleak."
Pulte Homes second-quarter loss narrows (Reuters) Reuters - Pulte Homes Inc posted a smaller quarterly loss on Wednesday, but said buyer confidence remained shaky.
Wall Street rises on oil drop, housing plan optimism (Reuters) Reuters - Stocks rose on Wednesday as financial shares climbed on optimism about a rescue plan for mortgage finance companies Fannie Mae and Freddie Mac and as the price of oil fell.
Waiters pick up part of LongHorn's labor costs (AP) AP - With the cost of everything from air conditioning to whipped cream rising, many restaurants have been raising prices. LongHorn Steakhouse is passing on part of the tab to its servers.

News from Technology category:

US FCC chief near deal for XM-Sirius approval - 24, Jul 2008
WASHINGTON (Reuters) - The merger of the two U.S. satellite radio companies was poised for approval as a pivotal member of the Federal Communications Commission neared agreement to cast a tie-breaking vote in favor of the deal, a source familiar with the
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Qualcomm patent ruled invalid in German Nokia case - 24, Jul 2008
HELSINKI (Reuters) - The German Federal Patent Court ruled on Wednesday that a Qualcomm Inc GSM patent asserted in a case against the world's top cell phone maker Nokia was invalid.
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Google opens Knol website, a wiki with bylines - 24, Jul 2008
SAN FRANCISCO (Reuters) - Google Inc opened its website Knol to the public on Wednesday, allowing people to write about their areas of expertise under their bylines in a twist on encyclopedia Wikipedia, which allows anonymity.
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German "fakebook" site incurs wrath of Facebook - 24, Jul 2008
FRANKFURT (Reuters) - Ehssan Dariani, founder of German social network studiVZ, never made any secret of his admiration for Facebook, which is now suing studiVZ for copying its ideas and look.
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China arrests online dissident in pre-Olympics crackdown - 23, Jul 2008
BEIJING (Reuters) - Chinese police have arrested a prominent Internet dissident for violating his probation terms, a rights group said, as the country steps up a pre-Olympic crackdown on dissent to ensure the Games go smoothly.
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Thrifty U.S. shoppers could bruise gadget maker profits - 23, Jul 2008
SAN FRANCISCO (Reuters) - Fears that belt-tightening U.S. consumers will bruise third-quarter earnings for makers of MP3 players, cell phones and other gadgets, pummeled the stocks of consumer electronics companies like Apple Inc and SanDisk Corp on Tue
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Crowd-sourcing the e-car - 23, Jul 2008
"eCars - Now!" is a Finnish Internet community seeking to apply the collective approach taken by online collaborators like the authors of Wikipedia to start converting used petrol-fuelled cars to electric ones, with the first roll-out due this year.
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MySpace joins shared identity service OpenID - 23, Jul 2008
NEW YORK (Reuters) - News Corp's MySpace Internet social network will join the OpenID alliance to begin letting its users take their online identity to other sites and social networks without having to register again.
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Microsoft turns to users for new wave of Xbox games - 23, Jul 2008
SEATTLE (Reuters) - Microsoft Corp will turn to users of its Xbox 360 to create new video games and broaden the types of games available on its console, taking a page out of the strategy books of Facebook and YouTube.
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Web's Blue Collar Comedy site goes out of business - 22, Jul 2008
LOS ANGELES (Hollywood Reporter) - Funny or Die, the Will Ferrell-fronted online humor hub, has suffered a death in the family.
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"Dark Knight" tickets hot sellers on eBay - 22, Jul 2008
LOS ANGELES (Hollywood Reporter) - It seems that 4,366 theaters weren't quite enough.
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Oldest New Testament Bible heads into cyberspace - 22, Jul 2008
BERLIN (Reuters) - More than 1,600 years after it was written in Greek, one of the oldest copies of the Bible will become globally accessible online for the first time this week.
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XM Satellite subscriber gains beat estimates - 22, Jul 2008
NEW YORK (Reuters) - XM Satellite Radio Holdings Inc on Monday posted better-than-expected net new subscriptions for the second quarter, lifting its total to about 9.7 million, and sending shares up more than 6 percent.
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Facebook redesign to give users more control - 22, Jul 2008
SAN FRANCISCO (Reuters) - Facebook Inc. is making sweeping changes to the world's largest social networking site, aiming to give users more control and to curb new forms of spam, company officials said late on Sunday.
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Web star famed for silly dance eyes new gig: charity - 21, Jul 2008
NEW YORK (Reuters) - Matt Harding has won cult celebrity status by filming himself dancing badly around the world to the amusement of millions of Internet viewers but now he wants to get serious -- raising money for laptops for the poor.
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Home servers may render CD racks obsolete - 21, Jul 2008
DENVER (Billboard) - Converting to a fully digitized entertainment library is a good way to cut down on clutter in the house. So what replaces the CD rack once you do?
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Big Facebook redesign to give users more control - 21, Jul 2008
SAN FRANCISCO (Reuters) - Facebook Inc. is making sweeping changes to the world's largest social networking site, aiming to give users more control and to curb new forms of spam, company officials said late on Sunday.
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Musicians' unions stay out of digital debate - 21, Jul 2008
DENVER (Billboard) - Will the music industry ever get organized?
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"Dark Knight" tickets are hot sellers on eBay - 21, Jul 2008
LOS ANGELES (Hollywood Reporter) - It seems that 4,366 theaters weren't quite enough.
More
Yahoo activist calls for board battle compromise - 21, Jul 2008
SAN FRANCISCO/NEW YORK (Reuters) - A dissident shareholder will on Monday call on Yahoo Inc to compromise and accept a mixed board of directors drawn from among company nominees and a rival slate backed by Carl Icahn.
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Software News
Cisco to Buy Home-network Software Vendor (PC World) PC World - Cisco announced plans to acquire Pure, a home networking software company, for $120 million.
Microsoft Opens Xbox 360 To Outside Game Creators (NewsFactor) NewsFactor - Microsoft is opening the Xbox 360 to third-party software creators in a bold attempt to dramatically expand the number of games available on its platform. The goal is to give gaming aficionados far more choices than rivals Sony and Nintendo are offering.
DNS Security Flaw Leaked Before Patches Applied (NewsFactor) NewsFactor - A major flaw in the Internet infrastructure was leaked to the public Monday before many IT directors had the chance to apply security patches. The flaw was discovered weeks ago by Dan Kaminsky, a security expert at IOActive, who has worked with industry leading software developers investigating Internet vulnerabilities.
Ubuntu founder urges Linux desktop to rival Apple (InfoWorld) InfoWorld - Ubuntu Linux Founder Mark Shuttleworth urged development of a Linux desktop to rival what Apple has done in this space and aired a vision of software changing the world.
Design Flaws, Besides Vulnerabilities, Hurt Banking Sites (PC World) PC World - Banking Web sites suffer from design flaws that can undermine their security exclusive of software vulnerabilities, according...
Forty Percent of U.S. Gamers Are Women (PC Magazine) PC Magazine - The Entertainment Software Association (ESA) has completed its annual demographic study and the results are sure to cause a tizzy for a small segment of uninformed observers.

US FCC chief near deal for XM-Sirius approval - 24, Jul 2008

Qualcomm patent ruled invalid in German Nokia case - 24, Jul 2008

Google opens Knol website, a wiki with bylines - 24, Jul 2008

German "fakebook" site incurs wrath of Facebook - 24, Jul 2008

China arrests online dissident in pre-Olympics crackdown - 23, Jul 2008

Thrifty U.S. shoppers could bruise gadget maker profits - 23, Jul 2008

Crowd-sourcing the e-car - 23, Jul 2008

MySpace joins shared identity service OpenID - 23, Jul 2008

Microsoft turns to users for new wave of Xbox games - 23, Jul 2008

Web's Blue Collar Comedy site goes out of business - 22, Jul 2008

"Dark Knight" tickets hot sellers on eBay - 22, Jul 2008

Oldest New Testament Bible heads into cyberspace - 22, Jul 2008

XM Satellite subscriber gains beat estimates - 22, Jul 2008

Facebook redesign to give users more control - 22, Jul 2008

Web star famed for silly dance eyes new gig: charity - 21, Jul 2008

Home servers may render CD racks obsolete - 21, Jul 2008

Big Facebook redesign to give users more control - 21, Jul 2008

Musicians' unions stay out of digital debate - 21, Jul 2008

"Dark Knight" tickets are hot sellers on eBay - 21, Jul 2008

Yahoo activist calls for board battle compromise - 21, Jul 2008