Reuters - Announcing what it said were "essential
milestones" allowing the world's largest leveraged buyout to go
ahead, BCE Inc said on Friday that its buyers
had finalized funding and were sticking to their C$34.8-billion
($34.1 billion) purchase price.
Reuters - Merrill Lynch & Co may sell
its 20 percent stake in financial news and data provider
Bloomberg LP to a blind trust controlled by New York City Mayor
Michael Bloomberg, The New York Post reported on Friday.
Reuters - France's Banking Commission on Friday
fined Societe Generale 4 million euros ($6.3 million) for
serious breaches in internal controls revealed by the French
bank's 4.9 billion euro rogue trading loss.
Reuters - Battered Swiss bank UBS said on Friday
it should be saved from another hefty loss in the second
quarter by a large tax credit, giving a much-needed though
short-lived boost to its share price.
EU opens in-depth investigation of Rio-BHP deal
(Reuters)
Reuters - The European Commission opened an
in-depth investigation on Friday into BHP Billiton's
$170 billion unsolicited bid for rival miner
Rio Tinto , with prices of iron ore already soaring.
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Nokia 6220 Smartphone Released
(TechWeb)
TechWeb - InformationWeek - The Nokia 6220 classic design includes 3G connectivity, compatibility with Microsoft Office applications, Bluetooth capabilities, and a 5-megapixel camera.
Blogger Opinion: Why We Left NetSuite
(NewsFactor)
NewsFactor - I first met our solution provider, Ray Tetlow, the founder of Skyytek, on the Oracle Small Business (OSB from now on) user forum. At the time we were struggling with version 7 of OSB. It was really incomplete and badly tested software. Not only was it painfully slow, but also a lot of the features on which we based our purchasing decision just did not work.
Krugle enhances code search appliance
(InfoWorld)
InfoWorld - Krugle plans to ship next week an upgrade to its search appliance for enterprise software development projects, which makes it easier for teams of developers to maintain code.